License Global’s Top Licensors Report 2023 Now Available
September 1, 2023 | License Global’s “Top Global Licensors
Report 2023” is now available, offering industry professionals insight
into the licensed consumer products and experiences market, in addition to a
detailed analysis of global retail sales and the strategies that drove their
success in the previous year. Play professionals can expect to see this
intersection of toys and licensing as they walk the aisles at Toy Fair®, taking
place September 30 to October 3 at the Javits Center in New York City.
According to the “Top Global Licensors Report,” global sales
revenue generated by licensed merchandise and services grew to $340.8 billion
in 2022, an 8.02% increase over the $315.5 billion generated in 2021. The top
20 brands collectively contributed $230 billion to this total, with $189 billion
originating from the top 10 alone. In addition, the
top 10 brands — including The Walt Disney Company, The Pokémon Company
International, and Mattel — achieved an average year-over-year growth rate of
20 percent, with individual businesses boasting growth rates as high as 61
percent.
“As attendees search for the hottest and trending items at
Toy Fair, armed with the insights from License Global’s ‘Top Global Licensors
Report 2023,’ they'll gain a strategic advantage by understanding the thriving
licensed consumer products and experiences market, and how it's intricately
linked with the world of toys,” said Kimberly Carcone, executive vice president
of global market events at The Toy Association.
The Top Global Licensors Report also provides a nuanced
breakdown of revenue figures by country, category, and business segment. Additional
insights include:
- The
most powerful brands based on prior-year merchandise sales and the
activity that helped them to achieve that outcome
- Strategy
and category insights from the world’s largest brands
- Brandscape,
a directionally informed market survey of brand licensor activity, that
includes the product categories licensors will bank on in 2024, top
performing licenses and entertainment properties, and more statistics and
infographics
"Alongside the incredible growth we see year-on-year in
the brand licensing business, the Top Global Licensors report tells us how the
toy business permeates licensing, or vice versa. In our top twenty alone, we
have brands native to toys and games at their core – such as Hasbro, Mattel and
Pokémon – who rank alongside entertainment brands that play heavily in the toy
market – such as Warner Bros., The Walt Disney Company, NBCUniversal and
Paramount – as well as corporate brands like WHP Global (Toys R’ Us) and
Stanley, Black & Decker who engage kids in innovative play through
licensing,” stated Ben Roberts, EMEA Content Director of License Global. “Looking
ahead to 2024/25, our Brandscape report also showed us that 36% of brands
taking part in our global survey actively plan to license toy lines in 2024/25,
which is impressive considering the report carries brands from across all
verticals. In short, whether it's gaming, movies, animated shows or even
construction brands, intellectual property licensing in toys can inspire new
play patterns, drive creativity in design, cultivate fandom across all ages and
ultimately push both industries forward."
The “Top Global Licensors Report 2023” is free for Licensing
International members and non-members. Click
here to access the full report. Reach out to info@licensing.org with any questions.