Online Collectible Sale Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Online Collectible Sale Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : January, 2021 | Technology & Media | PPT format

Report Digest


Global Online Collectible Sale Market: Snapshot

Online collectible sale involves selling valuable items on aggregator sites or to independent buyers on the World Wide Web. Collectibles owned over a period or passed down from generation to generation carry high value and that were traditionally bought by jewelers, antique retailers, and specialty stores. In the age of online retailing for clothes to electronics to cars to travel tickets, collectibles and valuables are not left behind. Today, online channel has emerged as a major channel for buy and sell of collectibles.

Collectibles refer to items that have value far more than what they were originally sold because of they are rare and/or have popular demand. Collectibles commonly include antiques, coins, comic books, toys, and stamps. While collectibles usually refer to items that are valuable due to their relative scarcity, the term collectible is sometimes used for new items that are mass-produced and are currently for sale.

Selling collectibles online has its share of advantages. Collectibles available online receive larger viewership than collectibles that were traditionally sold through antique stores and jewelers. Rising disposable income in several parts of the world has created a large market for collectibles that individuals are increasingly spending on. Collectibles that are showcased online reaches iut to a much larger customer base because of smart electronics that have become common. Antiques, coins, artefacts, paintings, and jewelry are most sought collectibles that are sold online.

Apart from new-age customers, online collectible sales channel help specialty stores showcase their products to other big antique retailers. This allows buying and selling of collectibles between stores that may be located in any part of the world. Online selling and buying of collectibles is giving competition to retailers of original collectibles. This is because copy of original collectibles are produced and are available online at much cheaper prices.

Global Online Collectible Sale Market: Overview

Online Collectible Sale continue to attract a marked chunk of discretionary spending in several developing and developed economies. The retail business has carved out a space among niche consumers with the industry model still largely in the developmental phase. The antiques sales thrives on the rapid inroad made by the m-commerce in the retail, combined with the rising ubiquity of smartphones and mobile devices. The market is still unhindered by recession in the economy in various parts of the world, inflamed by search for specific antiques and collectibles on prominent e-commerce sites. The online sales of various antiques and collectibles, such as books, coins, jewelry, figurines and memorabilia is anticipated to witness soaring popularity over the assessment period, notably in developed regions.

Online Collectible Sale Market: Key Trends

The sustained growth of Online Collectible Sale industry rides on the popularity of their online purchase among populations in a number of emerging and developed regions. A buoyant consumer confidence in a number of emerging nations and rapid strides made by the e-commerce are prominent trends expected to bolster the share of disposable incomes of people for antiques and collectibles in general. The burgeoning adoption of smartphones and other mobile devices has significantly facilitated the purchase of antiques and collectibles, thereby boosting the market. The development of more secure and hassle-free payment methods is a notable trend boosting the market. The low-overhead cost being a key characteristic of online sales of antiques and collectibles is substantially contributing to the growth of the market.

Online Collectible Sale Market: Market Potential

The global Online Collectible Sale industry is headed for exciting times ahead, with the advent of innovative services and favorable fee structure. The democratizing of online art space is one such exciting developments. A new online portal, ArtAndCollect, launched in 2017, is a web-based art service that aims to provide a platform for connecting collectors hoping to sell their work. The platform is funded by a subscription-based service, wherein collectors can choose a fee structure they dim fit, according to the volume of their work to be auctioned via the platform.

According to the founder, notably, the platform is stripped of any intermediaries or bereft of any commission fees and allows for direct negotiation, which will ultimately lead to the democratization of the market space. The founder with the unveiling of the platform hopes to capitalize on lucrative avenues in the Online Collectible Sale industry. His second business, ArtAndOnly is a curated online gallery, which was unveiled in 2016 for boosting the sales of contemporary art works. The founder also studied on the collecting habits of U.K. buyers. The staggering rise of online network of consignments in recent years has also opened up a host of exciting possibilities for buyers looking for a paraphernalia of items.

 Online Collectible Sale Market: Regional Outlook

Geographically, North America and Europe are prominent markets for online sales of antiques and collectibles. These regional markets are driven largely by recent advancements in payment technologies, innovation in sales model, and the vast popularity of memorabilia among populations in several developed nations. The vast strides made by the e-commerce sector in emerging economies of Asia Pacific is a key factor expected to create numerous promising prospects in this region.

Online Collectible Sale Market: Competitive Analysis

The market is expected to witness low-to-moderate intensity of competition over the forecast period. Several players are focusing on tapping opportunities from the mushrooming of online auction web sites operated on consignment mode, in a move to gain a better foothold in the market. Key players operating in the global Online Collectible Sale industry include Heritage Auctions Inc., Global Auctions Company, Nevon Solutions Pvt. Ltd, and Bertoia Auctions. 

This study provides a particularized anatomy according to the L.E.A.P mechanism

  • Latest trends and cardinal growth prospects
  • Existing and future insights in growth
  • Ascensions in technology
  • Pain points

The regional analysis offers market assays across:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study, prepared through the L.E.A.P mechanism adds a dimension of infallibility and assures precise information on all the growth dynamics.

Latest Trends and Cardinal Growth Prospects

The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.

Existing and Future Insights in Growth

The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.

Ascensions in Technology

Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.

Pain Points

The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.

The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.

An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.

The exhaustive study motivates the stakeholder to take the 'LEAP' of faith and achieve success!

This report is the key to questions such as:

What are the prominent factors that will help in reshaping the market growth?

Which trends have the potential to bring expansive growth for the market?

What are the necessary strategies to overcome the ill-effects of the COVID-19 pandemic?

Which regions will emerge as champion growth contributors for the market?

Which aspects will serve as game-changers for the market?

What are the latest innovations in the market?

Which factors will hinder the growth of the market?