Trading cards are the most circulated items in the collectibles industry. In the upcoming years, the Sports Trading Card Market is expected to grow due to the increasing popularity of card trading in Asian economies. In 2021, a Honus Wagner card sold for $6.6 million. E-commerce is playing a significant role in popularizing sports trading cards such as basketball and hockey cards, which are growing most quickly. The global sports trading card market estimated at more than 12 billion, is largely driven by technological advances in trade platforms. Trading Cards Capture 50% of the 22 billion Sports Collectibles Market It seems the company is on track to become a full-featured multi-service provider in the e-commerce art NFT and collectibles space.
To expand into the metaverse sector, OCG acquired shares in Beijing Jiu Yu Ling Jing Technology Co., Ltd. The NFT market in China had a turnover of $232 million in 2021, with nearly 300 NFT products sold. Many start-ups such as are heading up in this industry.Īrt and NFT are gradually building correlation and sustainable coexistence with the launch of new technologies. A recent trend reveals the NFT attachment of physical collectibles to add authenticity and ease trading in the secondary market. The emergence of many local artists and the growth of galleries and auction houses will greatly amplify sales of art collectibles during the forecast period. In 2021, the global value of art collectibles was estimated to be $1.7 trillion.
Market Decipher has published the first-ever holistic and comprehensive research report, " Collectibles Market and NFT Market Size, Statistics, Growth Trend Analysis and Forecast Report, 2022 - 2032" estimating the global collectibles market at $412 billion in 2021 (historical data) and forecasting it to reach $692.4 billion by 2032.īurgeoning growth in Art Collectibles supported by the escalation in NFT tagging of traditional physical art collectiblesĪrt collectibles are booming due to the high level of interest from private collectors, museums, real estate developers, interior designers, residential buyers, and other professionals.
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