The size of the global licensed sports merchandise market has been estimated at US$ 35.12 billion in 2023 and is projected to record a CAGR of 4.9% from 2023 to 2033. By 2033, the size of the global market is scheduled to reach US$ 56.67 billion.
The main force behind the market expanding is the growth in the number of sports fans which in turn is fuelled by trend...