Licensed Sports Merchandise Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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Licensed Sports Merchandise Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2014 – 2020

Sports licensing includes licensing of symbols, logos, names of players and names of varied sport organizations. The sports body is known as licensor whereas company leasing rights is known as licensee. In particular, licensor selects licensee that helps to enhance the brand image of sports organization and teams. Expenditure on sports merchandise determines the wide polarization of buying habits, with retail and entertainment at one end and e-commerce at the other. Today, consumers are increasingly spending on sport leisure at high end malls and departmental stores. Hence, sports organizations are seeing phenomenal rise in merchandise transactions.

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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. For example, Nike permits customers customize their trainers by sharing their designs and opinions with friends in person and online. This helps Nike to understand the needs...