Latin America Licensed Sports Merchandise Market Size & Outlook
Latin America licensed sports merchandise market, 2018-2030 (US$M)
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Latin America licensed sports merchandise market highlights
- The Latin America licensed sports merchandise market generated a revenue of USD 1,664.7 million in 2022.
- The market is expected to grow at a CAGR of 3.8% from 2023 to 2030.
- In terms of segment, sports apparel was the largest revenue generating product in 2022.
- Sports Footwear is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,664.7 million |
| Market revenue in 2030 | USD 2,248.9 million |
| Growth rate | 3.8% (CAGR from 2022 to 2030) |
| Largest segment | Sports apparel |
| Fastest growing segment | Sports Footwear |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sports Apparel, Sports Footwear, Toys and Games |
| Key market players worldwide | VF Corp, Nike Inc Class B, Adidas AG, Puma SE, Under Armour Inc Class A, Hanesbrands Inc, Dick's Sporting Goods Inc, MASH Holdings Japan, G-III Apparel Group Ltd, Kynetic |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global licensed sports merchandise market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,187.3 million by 2030.
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Licensed Sports Merchandise Market Scope
Licensed Sports Merchandise Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America licensed sports merchandise market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to licensed sports merchandise market will help companies and investors design strategic landscapes.
Sports apparel was the largest segment with a revenue share of 38.05% in 2022. Horizon Databook has segmented the Latin America licensed sports merchandise market based on sports apparel, sports footwear, toys and games covering the revenue growth of each sub-segment from 2018 to 2030.
There is a strong emphasis on football, which is the dominant sport in the region. Football clubs and national teams attract a devoted fan base, resulting in high demand for team jerseys, scarves, and other merchandise. Additionally, there is a growing interest in other sports such as basketball, volleyball, and mixed martial arts, leading to increased demand for related merchandise.
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Target buyers of Latin America licensed sports merchandise market databook
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Our clientele includes a mix of licensed sports merchandise market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America licensed sports merchandise market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America licensed sports merchandise market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America licensed sports merchandise market report size, by country, 2018-2030 (US$M)
Latin America Licensed Sports Merchandise Market Outlook Share, 2022 & 2030 (US$M)
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