Africa Baby Care Products Market - Infinium Global Research Non Licensed Sports Merchandise Market -IGR 2023 | Page 2

The report on Non Licensed Sports Merchandise Market by product type (sports apparel, sports footwear,
sports accessories, toys & pirated videogames/softwares), distribution channel (e-commerce/online stores,
retail stores, sports goods stores, direct selling, open air markets & pirated markets) trends analysis and
forecasts up to 2023 studies the market sizes, key trends and opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Non Licensed Sports
Merchandise Market is projected to grow at a CAGR between x% and x% in terms of value over the period of
2017-2023. The growth in the world market is primarily driven by significant contribution by North America
(Leading region) region to this market.
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Market Insights:-
Presence of larger number of smaller manufacturers, cheaper prices, goods smuggling, cheaper imports, 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
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