Collectibles Authentication and Grading Service Market

Global Collectibles Authentication and Grading Service Market Research Report Global Industry Analysis, Size, Share, Growth, Trends, Regional Analysis, Competitor Analysis and Forecast 2024-2032: By Level of Service (Grading & Authentication, and Grading, Authentication, & Additional value-added services), By Way of Service (Online Presence, Physical Presence), By Type of Collectible (Coins, Stamps, Trading Cards, Comic Books, Vintage Toys, Autographed Collectibles, Wearables, Art, Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)

Consumer Goods & Services | February 2024 | Report ID: EMR00620 | Pages: 250

The global collectibles authentication and grading service market was valued at USD 482.97 billion in 2023 and is estimated to reach approximately USD 857.45 billion by 2032, at a CAGR of 6.5% from 2024 to 2032.

The market for collectibles authentication and grading services provides knowledge in determining the value, validity, and condition of a wide range of valuable objects, such as trading cards, coins, stamps, and memorabilia. These services use strict evaluation standards and industry norms to provide investors and collectors confidence. Authentication and grading firms, with their emphasis on precision and dependability, are vital to preserving transparency and confidence in the collectibles industry. Their introduction has made a substantial contribution to the professionalization and expansion of collecting hobbies, enabling honest trade and building enthusiast confidence across the globe.

 

 

COLLECTIBLES AUTHENTICATION AND GRADING SERVICE MARKET: REPORT SCOPE & SEGMENTATION

Report Attribute

Details

Estimated Market Value (2023)

482.97 Bn

Projected Market Value (2032)

857.45 Bn

Base Year

2023

Forecast Years

2024 - 2032

Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- By Level of Service, By Way of Service, By Type of Collectible, & Region

Segments Covered

By Level of Service, By Way of Service, By Type of Collectible, & Region

Forecast Units

Value (USD Billion or Million), and Volume (Units)

Quantitative Units

Revenue in USD million/billion and CAGR from 2024 to 2032

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and the Rest of World

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Report Coverage

Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.

Delivery Format

Delivered as an attached PDF and Excel through email, according to the purchase option.

 

Global Collectibles Authentication and Grading Service Dynamics

Market variables, including consumer demand, technology developments, legislative changes, and industry competition, impact the collectibles authentication and grading services market. Reliability in authentication and grading services is expected to grow in demand as collectors become more popular as alternative investments. Transparency and authentication are improved by technological advancements like blockchain and sophisticated imaging methods. Standards and procedures in the industry may be impacted by regulatory developments. Vigorous rivalry between grading and authentication firms encourages innovation and boosts the effectiveness and quality of services. In general, the dynamics of the market exhibit equilibrium between the demands of competition, technical progress, changing consumer preferences, and regulatory compliance.

Global Collectibles Authentication and Grading Service Drivers

  • Rising Popularity of Collectibles as Investments

The rising awareness of collectibles' ability to diversify investment portfolios and yield financial rewards is the reason behind their increasing appeal as investments. Collectors seek security and possible appreciation in tangible assets such as rare coins, art, and memorabilia as regular markets become unstable. Collectibles are becoming an increasingly popular alternative asset class with the potential for both financial benefit and aesthetic enjoyment, partly due to the ease with which investors can now purchase and sell them worldwide because of the emergence of online markets.

  • Technological Advancements in Authentication Techniques

The market for collectibles has completely changed as a result of technological developments in authentication processes, which provide more precise and effective ways to confirm authenticity. Advancements in spectroscopy, blockchain technology, and enhanced imaging allow authentication services to identify counterfeits more transparently and precisely. These developments not only boost consumer confidence by lowering the possibility that they will purchase counterfeit goods, but they also expedite authentication procedures, increasing their speed and economy.

 

Restraints:

  • Cost of Authentication and Grading Services

These services can be pricey, particularly for large or high-value collections, which may discourage people from using them. Furthermore, there are situations when the price and the perceived value added do not match, which makes some people wonder about the ROI. Because of this, accessibility to expert authentication and grading services within the collectibles market is restricted due to affordability acting as a barrier to entrance.

  • Dependence on Subjectivity in Grading

One significant barrier in the collectibles authentication and grading service business is the reliance on subjectivity in grading. Grading, which frequently depends on personal experience and judgment, can cause disagreements and contradictions in evaluations. The legitimacy of grading findings can be weakened by the absence of uniform criteria and the different interpretations of graders, which may have an impact on the collectible item's perceived value. As a result, collectors could be reluctant to use grading services, favoring more impartial techniques to evaluate genuineness and caliber, which could undermine consumer confidence and market trust.

 

Opportunities:

  • Integration of Blockchain Technology for Transparency

Collectibles' complete transaction history may be recorded in an unchangeable, transparent ledger with blockchain technology, giving unquestionable evidence of their authenticity and ownership. Authentication services can strengthen trust among investors and collectors, decrease the risk of counterfeit goods, and improve transparency by utilizing blockchain technology. This innovation creates new opportunities for safe and effective trading in the collectibles market while also enhancing market integrity.

  • Integration with Autonomous Vehicles

The market for collectible verification and grading services presents a great opportunity for the development of improved authentication methods. More precise and effective authentication of collectible artifacts is made possible by innovations like forensic analysis tools, machine learning techniques, and AI-based picture recognition. These technologies improve the precision with which counterfeits may be identified and authenticity evaluated, which gives investors and collectors more confidence. They also expedite authentication procedures, cutting expenses and timeframes, which eventually promotes market expansion and competitiveness.

 

Segment Overview

  • By Level of Service

Based on the level of service, the global collectibles authentication and grading service market is divided into grading & authentication, and grading, authentication, & additional value-added services. The grading & authentication category dominates the market with the largest revenue share in 2023. The services linked to evaluating the quality, authenticity, and condition of collectible artifacts are the main emphasis of this area. Grading is the process of giving a collectible a numerical grade or descriptive condition based on elements including wear, defects, and general preservation. By confirming the item's authenticity, authentication makes sure it isn't a fake or replica.

  • By Way of Service

Based on the way of service, the global collectibles authentication and grading service market is categorized into online presence and physical presence. The online presence category leads the global collectibles authentication and grading service market with the largest revenue share in 2023. Businesses having an online presence usually use digital channels, including websites and mobile applications, to provide their authentication and grading services. These services are handy and accessible since customers can access them remotely from any location with internet access. Customers often provide digital photos or descriptions of their collected objects for assessment as part of the online authentication and grading process. Businesses with physical presence run physical sites that clients can visit in person to receive grading and verification services. Storefronts, partner locations with affiliations, or specialized offices are examples of physical locations. Consumers can bring their collectibles in person to the spot so that professional authenticators and graders can evaluate them.

  • By Type of Collectible

Based on the type of collectible, the global collectibles authentication and grading service market is segmented into coins, stamps, trading cards, comic books, vintage toys, autographed collectibles, wearables, art, and others. The coins division offers grading and authentication services for a variety of coin kinds, including bullion coins from various historical eras and locations, commemorative coins, and rare coins. The stamps division offers grading and authentication services for postage stamps, philatelic objects, and artifacts related to postal history, including extremely rare and valuable stamps from all over the world. In order to guarantee the validity and condition of gaming, sports, and other collecting card games for investors and collectors, the trading cards segment provides authentication and grading services. The comic books category includes services for comic book and graphic novel authentication and grading, which assesses variables like condition, rarity, and historical relevance.

 

Global Collectibles Authentication and Grading Service Overview by Region

The global collectibles authentication and grading service market is categorized into North America, Europe, Asia-Pacific, and the Rest of the World. North America emerged as the leading region, capturing the largest market share in 2023. The area has a sizable and varied collector population that is passionate about a wide range of collected goods, from coins and stamps to fine art and sports memorabilia. Furthermore, several well-known authentication and grading businesses in North America are widely known for their proficiency and dependability, setting the bar for the sector. North America's dominant position in the market is further reinforced by the existence of well-established auction houses, respectable collectors' societies, and strong regulatory frameworks that draw in both domestic and foreign customers.

Throughout the forecast period, Asia-Pacific is anticipated to post a significant CAGR. The region's growing middle class increased disposable incomes, and growing interest in collectibles as alternative investments are all major contributors to this expansion. Demand is also being driven by the expanding acceptance of online marketplaces and e-commerce platforms in the Asia-Pacific region, which makes authentication and grading services more accessible. In addition, the demand for collectibles authentication and grading is fueled by the region's rich cultural heritage and history, especially when it comes to coin, stamp, and art categories.

 

 

Global Collectibles Authentication and Grading Service Competitive Landscape

In the global collectibles authentication and grading service market, a few major players exert significant market dominance and have established a strong regional presence. These leading companies remain committed to continuous research and development endeavors and actively engage in strategic growth initiatives, including product development, launches, joint ventures, and partnerships. By pursuing these strategies, these companies aim to strengthen their market position, expand their customer base, and capture a substantial share of the market.

Some of the prominent players in the global collectibles authentication and grading service market include,

  • Professional Coin Grading Service (PCGS)
  • Numismatic Guaranty Corporation (NGC)
  • Beckett Authentication Services (BAS)
  • Certified Guaranty Company (CGC)
  • Sports Card Guaranty (SGC)
  • PSA/DNA Authentication Services
  • Global Authentication Inc. (GAI)
  • Collectors Universe, Inc. (CU)
  • Certified Sports Guaranty (CSG), and various others.

 

Global Collectibles Authentication and Grading Service Recent Developments

  • In February 2023, the highly popular Funko Pops! will now receive authentication and grading services thanks to an expanded strategic agreement with Professional Sports Authenticator (PSA) and top livestream purchasing platform Whatnot. Before the Pop! is mailed to the collector, customers who purchase Pops! through Whatnot can now have them authenticated and graded by PSA with just a few clicks.
  • In February 2023, Events Ticket Grading & Authentication Service Adds To Beckett's Offerings
    Founded in 1984, Beckett has been a leader in the collectibles business, offering collectors invaluable resources and services. Grading and verification of actual tickets for live events, concerts, and sports are new services offered by the corporation to the collecting interest.

 

Scope of the Global Collectibles Authentication and Grading Service Report

Collectibles Authentication and Grading Service Market Report Segmentation

ATTRIBUTE

DETAILS

By Level of Service

  • Grading & Authentication, and Grading
  • Authentication & Additional value-added services

By Way of Service

  • Online Presence
  • Physical Presence

By Type of Collectible

  • Coins
  • Stamps
  • Trading Cards
  • Comic Books
  • Vintage Toys
  • Autographed Collectibles
  • Wearables
  • Art
  • Others

By Geography

  • North America (USA, and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Customization Scope

  • Available upon request

Pricing

  • Available upon request

 

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

  • Global Collectibles Authentication and Grading Service Market Size and Forecast: To identify and estimate the market size for the global collectibles authentication and grading service market segmented by level of service, by way of service, by type of collectible, region, and by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of collectibles authentication and grading service between 2019 and 2032.
  • Market Landscape and Trends: To identify and infer the drivers, restraints, opportunities, and challenges for the global collectibles authentication and grading service market
  • Market Influencing Factors: To find out the factors that are affecting the sales of collectibles authentication and grading service among consumers
  • Impact of COVID-19: To identify and understand the various factors involved in the global collectibles authentication and grading service market affected by the pandemic
  • Company Profiling:  To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

 

Intended Audience

  • Collectors
  • Investors
  • Authentication and Grading Companies
  • Retailers and Auction Houses

Research Methodology

Our research methodology has always been the key differentiating reason which sets us apart in comparison from the competing organizations in the industry. Our organization believes in consistency along with quality and establishing a new level with every new report we generate; our methods are acclaimed and the data/information inside the report is coveted. Our research methodology involves a combination of primary and secondary research methods. Data procurement is one of the most extensive stages in our research process. Our organization helps in assisting the clients to find the opportunities by examining the market across the globe coupled with providing economic statistics for each and every region.  The reports generated and published are based on primary & secondary research. In secondary research, we gather data for global Market through white papers, case studies, blogs, reference customers, news, articles, press releases, white papers, and research studies. We also have our paid data applications which includes hoovers, Bloomberg business week, Avention, and others.

Data Collection

Data collection is the process of gathering, measuring, and analyzing accurate and relevant data from a variety of sources to analyze market and forecast trends. Raw market data is obtained on a broad front. Data is continuously extracted and filtered to ensure only validated and authenticated sources are considered. Data is mined from a varied host of sources including secondary and primary sources.

Primary Research

After the secondary research process, we initiate the primary research phase in which we interact with companies operating within the market space. We interact with related industries to understand the factors that can drive or hamper a market. Exhaustive primary interviews are conducted. Various sources from both the supply and demand sides are interviewed to obtain qualitative and quantitative information for a report which includes suppliers, product providers, domain experts, CEOs, vice presidents, marketing & sales directors, Type & innovation directors, and related key executives from various key companies to ensure a holistic and unbiased picture of the market. 

Secondary Research

A secondary research process is conducted to identify and collect information useful for the extensive, technical, market-oriented, and comprehensive study of the market. Secondary sources include published market studies, competitive information, white papers, analyst reports, government agencies, industry and trade associations, media sources, chambers of commerce, newsletters, trade publications, magazines, Bloomberg BusinessWeek, Factiva, D&B, annual reports, company house documents, investor presentations, articles, journals, blogs, and SEC filings of companies, newspapers, and so on. We have assigned weights to these parameters and quantified their market impacts using the weighted average analysis to derive the expected market growth rate.

Top-Down Approach & Bottom-Up Approach

In the top – down approach, the Global Batteries for Solar Energy Storage Market was further divided into various segments on the basis of the percentage share of each segment. This approach helped in arriving at the market size of each segment globally. The segments market size was further broken down in the regional market size of each segment and sub-segments. The sub-segments were further broken down to country level market. The market size arrived using this approach was then crosschecked with the market size arrived by using bottom-up approach.

In the bottom-up approach, we arrived at the country market size by identifying the revenues and market shares of the key market players. The country market sizes then were added up to arrive at regional market size of the decorated apparel, which eventually added up to arrive at global market size.

This is one of the most reliable methods as the information is directly obtained from the key players in the market and is based on the primary interviews from the key opinion leaders associated with the firms considered in the research. Furthermore, the data obtained from the company sources and the primary respondents was validated through secondary sources including government publications and Bloomberg.

Market Analysis & size Estimation

Post the data mining stage, we gather our findings and analyze them, filtering out relevant insights. These are evaluated across research teams and industry experts. All this data is collected and evaluated by our analysts. The key players in the industry or markets are identified through extensive primary and secondary research. All percentage share splits, and breakdowns have been determined using secondary sources and verified through primary sources. The market size, in terms of value and volume, is determined through primary and secondary research processes, and forecasting models including the time series model, econometric model, judgmental forecasting model, the Delphi method, among Flywheel Energy Storage. Gathered information for market analysis, competitive landscape, growth trends, product development, and pricing trends is fed into the model and analyzed simultaneously.

Quality Checking & Final Review

The analysis done by the research team is further reviewed to check for the accuracy of the data provided to ensure the clients’ requirements. This approach provides essential checks and balances which facilitate the production of quality data. This Type of revision was done in two phases for the authenticity of the data and negligible errors in the report. After quality checking, the report is reviewed to look after the presentation, Type and to recheck if all the requirements of the clients were addressed.

Frequently Asked Questions

On the basis of Geography, the collectibles authentication and grading service market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
According to collectibles authentication and grading service market research, the market is expected to grow at a CAGR of ~6.5% over the coming years.
Asia Pacific is expected to register the highest CAGR during 2024 2032.
North America held the largest share in 2023.
The major players operating in the global market include Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Beckett Authentication Services (BAS), Certified Guaranty Company (CGC), Sports Card Guaranty (SGC), PSA/DNA Authentication Services, Global Authentication Inc. (GAI), Collectors Universe, Inc. (CU), Certified Sports Guaranty (CSG) and various others.
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