Top Licensed Sports Merchandise Companies

Licensed Sports Merchandise Market size was valued at USD 34.86 Billion in 2023 and is poised to grow from USD 36.71 Billion in 2024 to USD 55.48 Billion by 2032, growing at a CAGR of 5.3% during the forecast period (2025-2032).

The main competitors in the global licensed sports market for officially licensed sports memorabilia concentrate on diversifying and extending the scope of their product offerings. The main tactics used by the major companies are mergers and acquisitions. Manufacturers are offering robust services to outperform rivals in the marketplace. 'Nike, Inc. (United States) ', 'Fanatics, Inc. (United States) ', 'Adidas (Germany) ', 'PUMA SE (Germany) ', 'New Era (United States) ', '47 Brand (United States) ', 'Under Armour, Inc. (United States) ', 'DICK's Sporting Goods (United States) ', 'Sports Direct International plc (United Kingdom) ', 'VF Corporation (United States) ', 'Lids (United States) ', 'Forever Collectibles (United States) ', 'Top of the World (United States) ', 'Mitchell & Ness (United States) ', 'Ryderwear (Australia) ', 'JD Sports Fashion plc (United Kingdom) ', 'Foot Locker, Inc. (United States) ', 'Hibbett Sports, Inc. (United States) ', 'The Fanatics Group (United States) ', 'Eastern Athletic (United States) '

Sports continue to be a popular form of entertainment and leisure activity worldwide, leading to a growing demand for licensed sports merchandise.

An increase in the buying of officially licensed sports gear is a result of people's rising participation in sports. Since the previous ten years, there has been a steadily increasing increase in sports participation due to the demand for additional entertainment as well as growing health consciousness. The licensed sports merchandise market has grown as a result of various sports' geographic development into different locations and the expanding media coverage of those same sports. The creation of numerous sports leagues and a growth in fan participation have transformed the sports industry into a powerhouse of uncharted territories and countless potential. As more people join the working class, a sizable portion of them are more inclined to participate in sports and fitness as a form of recreation, which is again related to shifting lifestyle trends.

Asia Pacific licensed sports merchandise market is predicted to grow at the fastest rate during the projected period, exhibiting a 5.3% CAGR from 2024 to 2031, due to an increase in young acceptance of worldwide fashion trends and the popularity of several international sports.