Pokémon: The Jaw-Dropping Reasons Why Gen Z and Millennials Can’t Stop Collecting Cards

Chicago, Illinois — Generational trends indicate that young adults are building an enduring connection with Pokémon, a phenomenon that shows little sign of slowing down. As the franchise approaches its 30th anniversary, many Millennials and Gen Z fans are diving deeply into a collecting frenzy, notably through rare trading cards, with some individuals spending staggering amounts to fuel their passion.

Pokémon cards have emerged as one of the most lucrative collectibles in recent years, with values soaring by 3,261% over two decades, according to reports from the trading card analysis platform Card Ladder. The demand has surged dramatically, with average annual returns nearing 46%, far surpassing other investment avenues, including major stocks and indices.

This surge in interest has emptied the shelves of many retailers, including major chains like Walmart and Target, prompting some stores to restrict sales to keep pace with demand. Online platforms, particularly eBay, are witnessing a significant uptick in activity, with users searching for Pokémon cards nearly 14,000 times every hour this year. The combined interest in Pokémon and sports cards, spurred by high-profile athletes, has created a fertile environment for collectors and sellers alike.

Logan Paul, a prominent figure in social media, has significantly influenced this collectible culture. His ventures into purchasing rare cards and showcasing them through viral content have highlighted the financial potential in this niche market. Paul made headlines by purchasing a PSA Grade 10 Pikachu Illustrator card for a record $5.275 million, sparking broader public interest and engaging a youthful audience eager to replicate his success.

Content creators on platforms like TikTok are also contributing to this phenomenon by sharing unboxing videos and trading strategies, further igniting enthusiasm for Pokémon cards. However, not all collectors experience success, as some have accrued substantial debt in pursuit of their hobby. A recent testament to this came during a financial talk show where a caller confessed to amassing $26,000 in credit card debt while trying to flip Pokémon cards.

While trading cards can serve as an investment—viewed by some as collectible art—many enthusiasts partake simply for enjoyment. Ryan Hoge, president of PSA, expressed that the tangible nature of card collecting offers a refreshing alternative to the digital world. He noted that many collectors find joy in engaging with the community and reliving nostalgic moments from their past.

The trading card industry, once on the brink of collapse in the 1990s due to overproduction, has rebounded impressively. Recent figures indicate that sports cards alone generate approximately $1 billion in annual revenue, paralleling Pokémon’s financial success, which recently exceeded $1 billion in sales. Barry Sams of The Pokémon Company noted that despite the staggering production of over 75 billion Pokémon cards, demand remains robust, fueled by nostalgia and the desire of parents to share their childhood passions with their children.

As interest in trading cards continues to grow, retailers such as GameStop are taking notice. In 2025, collectibles accounted for nearly 30% of the company’s sales, eclipsing traditional video game software sales. GameStop CEO Ryan Cohen emphasized the strategic alignment of trading cards with the company’s heritage, underscoring their appeal within the core customer demographic.

The enduring fascination with trading cards transcends generations and even engages high-profile figures. Recent anecdotes include President Trump displaying a graded trading card during a public event and Pope Francis signing a Pokémon card, illustrating the broad cultural resonance of this hobby. Jason Howarth of Panini commented that the thrill of unwrapping a new card pack continues to evoke excitement regardless of age, as collectors hope for a prized addition to their collections.

As Pokémon remains a beloved fixture in popular culture, the ongoing trading card scene reflects deeper sentiments of nostalgia and community engagement. The convergence of technology and innovation in this space promises to sustain interest well into the future, ensuring that the quest to "catch ’em all" remains a vibrant part of many lives.