- Report ID : MD2988 |
- Pages : 220 |
- Tables : 44 |
- Formats :
The United States Collectibles Market is segmented By Product Type (Coins & Currency, Stamps & Postal Memorabilia, Sports Memorabilia, Vintage Toys and Action Figures, Comic Books and Graphic Novels, Antiques and Historical Artefacts, Autographs, Ephemera, Vintage Fashion Items, Maps, Timepieces and Scientific Instruments, Militaria, Shares, Photos, Cameras, Film Prop, Film Posters, Classic Cars, High-end Stereos, Art Deco, Sailing Spare Parts, Diving, Horse Riding), By Type (Physical, Digital NFT Collectibles), By Distribution (Licensed Collectible Manufacturers, Specialized Collectibles Marketplace, E-commerce Portals, Offline Retails and Auction Houses), and By Geography (North America, Europe, APAC, ROW).
The United States Collectibles Market is expected to grow with a CAGR of 5.2% during the forecast period of 2023 to 2033
A collectible refers to an item that holds a monetary value significantly higher than its initial sale price. The value of collectibles stems from their rarity and distinctiveness. When a collectible is particularly scarce, it has the potential to fetch a considerable sum. The worth of such collectibles is determined by both their scarcity in the market and their overall condition. The collectibles market has evolved from local gatherings to global online communities over the past few years. The dynamics of the market has totally changed now, and United States Market plays a major role in contribution to the Global Market. The market size of the industry in the 2United States grew to $2.6B in 2022. Online sales and e-commerce have primarily proven fruitful in the growth of the market.
The Dual Nature of Collectibles: Nostalgia and Investment
Collectibles often have cherished memories, nostalgia, and personal connections attached to them. It can be a vintage toy from one’s childhood, a rare stamp, or a limited-edition comic book, thus collectibles hold a sentimental place in the hearts of their owners. For instance, with all the raging marketing of the Barbie Movie, barbie dolls are back in trend now, and the demand for vintage and limited-edition barbies have spiked up. As demand for a specific collectible rises due to emotional or nostalgic factors, its financial value may increase as well. This highlights the other nature of a collectible, which is investment. Rare antiquities and collectibles sales in the US has grown owing to investment potential of the items also.
United States’ contribution in the Global Collectibles Market
In 2022, the United States held the top position in the global Post-War and Contemporary art auction market, generating the highest share of auction revenue. With an impressive 48% of the total worldwide auction sales value in this art segment, the U.S. reaffirmed its significant influence and prominence as a major hub for Post-War and Contemporary art collectors, investors, and enthusiasts. The market size of the United States’ Art Industry, which overlaps with the Collectibles market, rose roughly by 5.8% in 2022 over the previous year. This shows that there is an upward trend in the target market, and the industry is booming. The United States even recorded the highest revenue at public auctions of Fine Arts and NFTs worldwide in the year 2022.
From Licensed Sellers to Auction Houses – Key Market Places
The North American region is renowned as the birthplace of several organized sports, including basketball (NBA), baseball, and American football. Within this sports-centric culture, successful sports memorabilia markets have flourished, catering to both fans and collectors. These markets encompass various distribution channels, such as local stores, online platforms, and auction houses. Two primary channels for buying, selling, and trading all kinds of collectibles are Licensed Sellers and Auction Houses. Licensed Sellers, like major market player Fanatics, Funko, Panini, etc. specialize in offering authentic signed items. On the other hand, Auction Houses handle expensive and historically significant items, providing collectors with the opportunity to bid on these prized possessions. Local stores, and backyard sales are also common in the United States. Online platforms like eBay, Amazon, and Etsy have gained popularity for buying and selling collectibles, providing a global reach for both sellers and buyers. Sporting and Entertainment venues often have retail stores or stalls selling collectibles related to the event, artist, or sport. For artist-created collectibles, the creators have the option to sell their items directly through their websites, social media platforms, or at conventions.
NFTs Collectibles Market in the United States
NFTs in the Collectibles market make it possible to create digital collectibles, and this takes the market to an endless possibility. NFT collectibles have experienced a mixed success in the Collectibles market. For example, NBA Top Shot, which is an official licensed company selling NFTs from the National Basketball Association (NBA) and the Women’s National Basketball Association (WNBA), earned around $224 million in monthly sales, which have declined significantly, averaging to only about $3 million per month in 2023. Apart from sports, NFTs are also popular in gaming, for example Axie Infinity is a very popular NFT-based game, and had approximately 389,000 active monthly followers in March 2023. The Entertainment Industry is also experimenting with NFTs, as in the later half of 2022, Warner Bros released NFTs for ‘The Lord of the Rings’. Fashion Industry has also ventured itself into the digital world, as Dolce & Gabba made about $5.7 million in an auction with its first NFT Collection.
Competitive Landscape
The marketplace of Collectible market in the United States is truly very diverse as the genre of products itself is wide. There are some collective market places which sell all kinds of collectible, while some specialize in a single category. For example, Fanatics and Steiner Sports specialize in all kinds of Sports Memorabilia and Collections. While on the other hand a company like Funko only markets in licensed toy collectibles like Vinyl Figures and Bobbleheads. Similarly, there are prominent Auction houses like Sotheby’s, Hake’s Auctions, Heritage Auctions, and Goldin Auctions. United States market also has Events and Collectors’ meets, like ComicConnect, where people from all around the place come to trade and directly sell their rare and antique collections.
Recent Strategic Developments
Years considered for this report
United States Collectibles Market Research Report Analysis Highlights
United States Collectibles Market Segments
Collectibles Market
By Product (Revenue, USD Million, 2023 - 2033)
Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Coin Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Militaria Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Books Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Music Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Porcelain and Glass Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Porcelain and Glass Collectibles Market by Type (Revenue, USD Million, 2023 - 2033)
Toys and Games Collectibles Market by Type Analysis (Revenue, USD Million, 2023 - 2033)
NFT Sports Collectibles Market by Type Analysis (Revenue, USD Million, 2023 - 2033)
NFT Sports Collectibles Market by Sports Analysis (Revenue, USD Million, 2023 - 2033)
Physical Sports Collectibles Market by Sports Analysis (Revenue, USD Million, 2023 - 2033)
Sports Trading Card Market by Type Analysis (Revenue, USD Million, 2023 - 2033)
Sports Collectibles Market by Product Analysis (Revenue, USD Million, 2023 - 2033)
By Geography (Revenue, USD Million, 2023 - 2033)
By Sports Trading Cards (Revenue, USD Million, 2023 - 2033)
By Type (Revenue, USD Million, 2023 - 2033)
By Leagues (Revenue, USD Million, 2023 - 2033)
By Sales Channel (Revenue, USD Million, 2023 - 2033)
By Geography (Revenue, USD Million, 2023 - 2033)
United States Collectibles Top Companies
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