Global Collectibles Market is expected to foresee significant growth. APAC to lead the growth!
The collectibles market is expected to witness a CAGR of around 4% during the forecast period. Collectibles is an object that is suitable for a collection, originally a work of fine art or an antique, now including any of a wide variety of items collected as a hobby, for display, or as an investment whose value may appreciate. Collectibles can be coins, stamps, shares, military items, books, vintage fashion, autographs, classic cars, toys, photos, art deco, etc. In addition, the growing interest of the populace to collect antiques and unique items is the key factor driving the growth of the market. Moreover, as the popularity of collectibles grows, an increasing number of mainstream musicians, celebrities, and big sports organizations are entering this industry as a new means to reach new audiences. As a result, a wider range of antique & collectible items are available in the markets. For instance, in May 2022, eBay launched its first-ever Genesis collection, breaking Wayne Gretzky’s previous record, eBay is offering 3D and animated representations of iconic athletes who have graced Sports Illustrated covers over the years.
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Based on product type, the market is segmented into coins & stamps, books & comics, art, toys, and others. coins & stamps category to witness higher CAGR during the forecast period owing to the rising disposable income, coin shows, and numismatics educational institutes have further attracted more consumers. Improvements in the laws for coin trading are expected to create new opportunities. Considering all these factors, the global collectibles market is expected to witness significant growth during the forecast period.
On the basis of sales channel, the market is categorized into licensed collectible manufacturers, specialized collectibles marketplace, E-commerce portals, and offline retails & auction houses. Among these, the E-commerce portals hold the fastest growth during the forecast period. This is mainly due to safe delivery, increasing smartphone and internet penetration, and developments in the electronics industry. Moreover, the rising disposable income and growing unique purchasing capacity among the population followed by the advancements in the e-commerce industry are positively stimulating the collectible industry landscape.
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For a better understanding of the market adoption of the collectibles industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the increasing demand for periodic coins, arts & toys collections, rising interest in collecting luxurious items, and the growing retailing opportunities in the collectibles market. These are the major factors for the growth of the collectibles market during the forecast period.
Some of the major players operating in the market include Amazon, Ruby Lane, Webstore, Etsy Inc., eBay Inc., OLX Group, Rehab Vintage Interiors, Shopify Inc., Antiques & Chatchkes, and Topps Company Inc.
Global Collectibles Market Segmentation
Market Insight, by Product Type
- Coins & Stamps
- Books & Comics
Market Insight, by Sales Channel
- Licensed Collectible Manufacturers
- Specialized Collectibles Marketplace
- E-commerce Portals
- Offline Retails & Auction Houses
Market Insight, by Region
- North America
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
- Ruby Lane
- Etsy Inc.
- eBay Inc.
- OLX Group
- Rehab Vintage Interiors
- Shopify Inc.
- Antiques & Chatchkes
- Topps Company Inc.