As to the latest research study published by Fact.MR, the licensed sports merchandise market worldwide saw a compound annual growth rate (CAGR) of 2.4% between 2018 and 2022. The global market for licensed sports items is expected to grow quickly at a CAGR of 7.1% and reach US$ 68.40 billion by the end of 2033, from an estimated US$ 34.45 billion in 2023.Growing urbanization and a growing...
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