Product Code: ETC211901 | Publication Date: May 2022 | Updated Date: Jan 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Philippines sports trading card market has been gaining traction among collectors and sports enthusiasts alike. Trading cards, featuring popular athletes and teams, have become collectible items and a form of investment for some enthusiasts. The market has seen significant growth, fueled by the increasing popularity of sports leagues and events in the country. According to market data, the sports trading card market in the Philippines recorded a CAGR of 13%, reaching a total market value of approximately $15 million. The market`s positive outlook is also attributed to the rising interest in e-commerce platforms as channels for buying and selling sports trading cards.
The sports trading card market in the Philippines is influenced by several drivers that are shaping its outlook. Firstly, the global popularity of sports, particularly basketball and soccer, among Filipino enthusiasts is a major driver. The country`s fervent sports culture fuels demand for trading cards featuring local and international athletes, driving market growth. Secondly, the nostalgia associated with sports trading cards attracts collectors of all ages. Many individuals who grew up collecting these cards now seek to relive their childhood passions or invest in valuable cards. This blend of sentimentality and investment potential creates a steady demand for sports trading cards. Moreover, the rise of online marketplaces and digital platforms has expanded the accessibility of sports trading cards. Collectors can now easily buy, sell, and trade cards online, transcending geographical limitations. This digital shift has breathed new life into the market, attracting a broader range of collectors.
Philippines sports trading card market faces certain challenges. One significant challenge is the issue of authenticity and counterfeit cards. As the market gains traction, the risk of fake cards entering circulation becomes more prominent, potentially eroding trust and undermining the value of legitimate cards. Moreover, ensuring fair pricing and preventing market manipulation requires vigilant oversight. Regulatory measures may need to be implemented to safeguard both collectors and the integrity of the market. Additionally, maintaining sustained interest in sports trading cards amidst evolving consumer preferences poses a continuous challenge.
The sports trading card market in the Philippines experienced both challenges and opportunities due to the COVID-19 pandemic. With restrictions on public gatherings and sports events, the traditional channels for trading card sales, such as conventions and live games, were severely impacted. However, the pandemic also led to a surge in online trading card platforms and digital collectibles. As people spent more time at home, interest in nostalgic and recreational activities like collecting sports trading cards saw a resurgence. Online marketplaces provided enthusiasts with a platform to buy, sell, and trade cards, while virtual auctions and digital events allowed collectors to engage with their hobbies remotely. The market also witnessed a shift in focus towards rare and high-value cards, as investors sought alternative assets amid economic uncertainty.
Upper Deck, Topps, Panini, Leaf Trading Cards, Beckett Collectibles, COMC (Check Out My Cards), SportsMemorabilia.com, and PSA (Professional Sports Authenticator).
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Sports Trading Card Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Sports Trading Card Market Revenues & Volume, 2020 & 2030F |
3.3 Philippines Sports Trading Card Market - Industry Life Cycle |
3.4 Philippines Sports Trading Card Market - Porter's Five Forces |
3.5 Philippines Sports Trading Card Market Revenues & Volume Share, By By Type, 2020 & 2030F |
3.6 Philippines Sports Trading Card Market Revenues & Volume Share, By By Application, 2020 & 2030F |
4 Philippines Sports Trading Card Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Sports Trading Card Market Trends |
6 Philippines Sports Trading Card Market, By Types |
6.1 Philippines Sports Trading Card Market, By By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Sports Trading Card Market Revenues & Volume, By By Type, 2020-2030F |
6.1.3 Philippines Sports Trading Card Market Revenues & Volume, By Character Card, 2020-2030F |
6.1.4 Philippines Sports Trading Card Market Revenues & Volume, By Image Card, 2020-2030F |
6.1.5 Philippines Sports Trading Card Market Revenues & Volume, By Autograph Card, 2020-2030F |
6.1.6 Philippines Sports Trading Card Market Revenues & Volume, By Others, 2020-2030F |
6.2 Philippines Sports Trading Card Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Sports Trading Card Market Revenues & Volume, By Cricket, 2020-2030F |
6.2.3 Philippines Sports Trading Card Market Revenues & Volume, By Baseball, 2020-2030F |
6.2.4 Philippines Sports Trading Card Market Revenues & Volume, By Basketball, 2020-2030F |
6.2.5 Philippines Sports Trading Card Market Revenues & Volume, By Association Football, 2020-2030F |
6.2.6 Philippines Sports Trading Card Market Revenues & Volume, By Boxing, 2020-2030F |
6.2.7 Philippines Sports Trading Card Market Revenues & Volume, By Cycling, 2020-2030F |
7 Philippines Sports Trading Card Market Import-Export Trade Statistics |
7.1 Philippines Sports Trading Card Market Export to Major Countries |
7.2 Philippines Sports Trading Card Market Imports from Major Countries |
8 Philippines Sports Trading Card Market Key Performance Indicators |
9 Philippines Sports Trading Card Market - Opportunity Assessment |
9.1 Philippines Sports Trading Card Market Opportunity Assessment, By By Type, 2020 & 2030F |
9.2 Philippines Sports Trading Card Market Opportunity Assessment, By By Application, 2020 & 2030F |
10 Philippines Sports Trading Card Market - Competitive Landscape |
10.1 Philippines Sports Trading Card Market Revenue Share, By Companies, 2023 |
10.2 Philippines Sports Trading Card Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |