Global Collectibles Market Surpasses $100 Billion, Driven by Trading Cards and Hobbies
CNBC TelevisionJanuary 5, 20262 min25,835 views
6 connectionsΒ·10 entities in this videoβThe Booming Collectibles Market
- π The global collectibles market is valued at $100 billion, according to Morgan Stanley.
- π This market has shown growth rates outpacing most consumer discretionary categories over the last five years.
- π― Forecasts predict collectibles will grow around 6% annually between 2024 and 2027.
Trading Cards Lead the Charge
- π‘ Trading cards are a significant driver of this market, with areas like Pokemon experiencing triple-digit year-on-year growth.
- π eBay reported 11 straight quarters of accelerating growth in collectibles, with trading card Gross Merchandise Volume (GMV) showing strong performance.
- β‘ StockX has seen its collectible sales increase by over 366% in the last five years, with trading card sales up nearly 30% in the same period and 100% in the last year alone.
Beyond Trading Cards: Other Collectibles Gain Traction
- π On StockX, excluding trading cards, brands like Hot Wheels are up 90% and Lego up 65% in Q4 compared to Q3.
- π Dick's Sporting Goods is integrating "collector's clubhouses" into its House of Sport stores, featuring trading cards, football helmets, and jerseys.
Collectibles as an Alternative Asset
- π§ Collectors are motivated by chasing childhood memories and also view collectibles as an alternative asset with growth potential.
- π Site traffic for collectibles and trading cards on StockX has increased by 25% since the start of Cyber Weekend.
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Whatβs Discussed
Collectibles MarketTrading CardsPokemonMorgan StanleyeBayStockXHot WheelsLegoDick's Sporting GoodsAlternative AssetsMarket GrowthConsumer Discretionary
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