Non Licensed Sports Merchandise Market Future Trends and Scope Analysis by 2023
by Infinium · September 17
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The Infinium Global Research analyzes the report of Non Licensed Sports Merchandise Market over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Non Licensed Sports Merchandise Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global markets of Non Licensed Sports Merchandise.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Non Licensed Sports Merchandise Market during the said period. The report also provides market attractiveness analysis
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For More Details Get Free Few Sample Pages of this Premium Report: – Global non licensed sports merchandise market size is expected to exceed USD billion by 2023, growing at a CAGR between x% and x% over the period of 2017 – 2023. (Market size of licensed sports merchandise was 26.93 billion in 2015) Non-licensed sports merchandise is replica or counterfeit licensed sports apparels, accessories and other products manufactured and sold by unlicensed entities. The products look similar to the licensed sports merchandise visually
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Presence of larger number of smaller manufacturers, cheaper prices, goods smuggling, cheaper imports
Drew Lock Broncos Jersey , legal disputes and booming sales characterizes the global non-licensed sports merchandise market. Growing popularity of sporting leagues across the world is driving the growth of the global non-licensed sports merchandise market. The huge prices of the branded licensed sports merchandize make it unaffordable for many sports enthusiasts and they prefer cheaper alternatives. It enhances the growth of the non-licensed sports merchandise market. The growing popularity for the sporting fashion trends is another factor that gives boost to the market. The growing demand for sports apparels related to sporting clubs, franchises or individual sports stars is another factor that drives the growth of the market. The urge among youth to express their affection and loyalty to sporting entities drive the demand for the non-licensed sports merchandise. The expansion of e-commerce to smaller cities and towns are aiding the growth in sales of the non-licensed sports merchandise, especially that of imported products.
The availability of the non-licensed sports merchandise in local markets at the fraction of the cost of the original products is another factor that helps the market. Moreover, the lack of awareness among the customers about the licensing amounts to the increasing sale of non-licensed sports merchandise in upscale sports goods stores or retail stores. Unique attractive designs and product innovations also help the non-licensed sports merchandise to compete with the licensed sports merchandise. Fake websites with strikingly similar domain to the major sports retailers or sports goods manufacturers also divert some customers towards non-licensed sports merchandise. As major sports goods manufacturers outsource the production to other countries, certain suppliers copy the design and sell it to the counterfeit manufacturers.
Presence of too many competitors
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Segments Covered
The report covers the analysis of global as well as regional markets of non-licensed sports merchandise market. The global non licensed sports merchandise market is segmented by product type and by distribution channel. The global non licensed sports merchandise market by product type covers sports apparel, sports footwear, sports accessories
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Geographies Covered
The global non-licensed sports merchandise market covers the analysis of geographies such as North America, Europe, Asia-Pacific and RoW. In this section, the key trends and market size for each region is provided over the period of 2017 – 2023.< .
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Fri 20 Mar 2020, 07:09
