Company Analysis of Licensed Sports Merchandise Industry - North America Market, Producers in 2016, Growth With Forecast
Description - Licensed Sports Merchandise Market
Sports licensing forms a significant portion of overall licensed merchandise market in North America. Sports licensing covers licensing of logos, symbols, names of varied sports organizations and team players. These items are owned by sports institutions which are known as licensors and they lease the rights to use their property to licensees in return of royalty. Licensed sports merchandise is sold through entire range of retail which includes super markets, drug stores, departmental stores, specialty stores and online stores. Merchandising enables efficient engagement with fans who cannot attend matches, thereby helping to monetize sports brands.
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The factors driving the market are growing popularity of sports leagues, growing fan base and a global rise in disposable incomes and living standards, especially in developing economies such as Brazil, China, and India that has resulted in increasing demand for sports apparel. Furthermore, licensed sports merchandise is also driven by popularity of college and university level sports team. Key issues of the market include consolidation of power among licensors, declining retail shelf space, high entry barriers and availability of counterfeit products.
The growth in retail sales of licensed sports merchandise was on account of two of its sub segments namely apparel and accessories. The two largest major leagues, NFL and MLB together represented almost half of share in North American sports licensing market. The market expanded in 2013 on the back ongoing expansion of the major US leagues internationally, but also by strong growth for football/ soccer teams globally, as well as for clubs in other sports, such as rugby, cricket, and basketball. Several of the football clubs with the strongest merchandising programs, especially in the UK and Europe, have been expanding around the world, while a large number of clubs in all sports are launching licensing programs or increasing their licensing activities in their home countries.
The report analyzes the development of the licensed sports merchandise market, with a focus on its major market viz. North America. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. The three major players in the industry - G III Apparel Group Ltd, VF Imagewear, Fanatics Inc., are being profiled, along with their key financials and strategies for growth.
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Table of Content
1. Licensing Market – An Introduction
1.1 Types of Licensing
1.1.1 Character and Entertainment Licensing
1.1.2 Corporate Trademark and Brand Licensing
1.1.3 Fashion Licensing
1.1.4 Sports Licensing
1.1.5 Art Licensing
1.2 Facts about Sports Licensing and Merchandising
1.2.1 Licensing Programs
1.2.2 The Importance of Marketing
1.2.3 Elements of a Licensing Agreement
2. Global Licensed Merchandise Market
2.1 Global Retail Sales of Licensed Merchandise Market by Value
2.2 Global Retail Sales of Licensed Merchandise by Region
2.3 Global Retail Sales of Licensed Merchandise by Product Category
2.4 Global Retail Sales of Licensed Merchandise by Property Type
3. The US & Canada Licensed Merchandise Market
3.1 The US/Canada Retail Sales of Licensed Merchandise by Value
3.2 The US/Canada Retail Sales of Licensed Merchandise by Product Category
3.3 The US/Canada Retail Sales of Licensed Merchandise by Property Type
3.4 The US/Canada Retail Sales of Licensed Merchandise by Distribution Channels
4. North America Licensed Sports Merchandise Market
4.1 Retail Sales of Licensed Sports Merchandise Market by Value
4.2 Retail Sales of Licensed Sports Merchandise by Product Category
4.3 Retail Sales Share of Licensed Sports Merchandise by Product Category
4.4 Retail Sales of Licensed Sports Merchandise by League
4.5 Retail Sales Share of Licensed Sports Merchandise by League
4.6 Retail Sales of Licensed Sports Merchandise by Distribution Channels
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Demand of Sporting Goods
5.1.2 Accelerating Sport Market in North America
5.1.3 Accelerating Economic Growth
5.1.4 E-commerce Grows as Channel for Sports Licensed Goods
5.1.5 Rising Demand for Top Sports
5.2 Key Trends
5.2.1 Growth of Online Streaming
5.2.2 Introduction of Domestic and Housewares Products
5.2.3 Licensing of Player
5.2.4 Technological Advancement
5.2.5 Rising Demand of Social Media
5.3 Challenges
5.3.1 Counterfeiting/Duplicate Products
5.3.2 Declining Retail Shelf Space
5.3.3 High Entry Barriers
6. Competitive Landscape
7. Company Profiles
7.1 VF Corporation
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 G III Apparel Group
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Fanatics Inc.
7.3.1 Business Overview
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