Boxing Equipment Market to grow by USD 260.17 million from 2022 to 2027|Development programs to encourage participation boosts the market – Technavio

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NEW YORK, July 12, 2023 /PRNewswire/ — The boxing equipment market report has been added to Technavio’s offering. The boxing equipment market is estimated to grow by USD 260.17 million during 2022-2027, growing at a CAGR of 4.07%. North America is estimated to account for 39% of the global market growth. There is a growing awareness of the benefits of a healthy lifestyle due to the increasing prevalence of obesity in North America. As a result, there is a growing popularity and increasing adoption of several sporting activities, which helps them to maintain their fitness and health. Hence, such factors are expected to drive market growth in the region during the forecast period. For Comprehensive details on the market size of the historic period(2017 to 2021) and forecast period (2023-2027) – View Sample report

Boxing Equipment Market – Vendor Landscape

The boxing equipment market is fragmented; the vendors are competing with competitors and trying to gain greater market share. The market is growing, and the chances of new entrants cannot be overlooked. The major vendors have well-established economies of scale and market presence and generally rely on positioning technological advances, and the price of the products –The report provides a full list of key vendors, their strategies, and the latest developments. Buy Now

Boxing Equipment Market – Market Dynamics

Major Drivers & Challenges-

Development programs to encourage participation drives market growth. There are several grassroots programs that are conducted in schools, clubs, and local communities to spread awareness about the benefits of sports, especially among the youth. Hence, such programs nurture the youth to become regular or professional players by encouraging them to join certain sporting activities. The main benefit of these grassroots programs is that they provide a mix of educational opportunities and high-performance boxing training such that students are able to earn their qualifications for their boxing development. Hence, such factors are expected to drive market growth during the forecast period.

The lack of the required infrastructure hinders market growth during the forecast period. One of the main reasons which negatively impacts the boxing gear market growth is the lack of sufficient infrastructure to support sporting activities in several countries. As a result, people are forced to pursue sporting activities which are popular in their respective countries. For instance, there is a lacked of required infrastructure to support boxing in MEA and APAC countries. Hence such factors are expected to negatively impact the market, which in turn will hinder the market growth during the forecast period.

Key Trends-

The increasing number of women participants in boxing is a primary trend in the market. Factors such as the declining gender gap between the number of male and female players at the Olympic Games have significantly contributed to the increasing participation of women in boxing. For instance, the e Tokyo 2020 Olympic Games witnessed a significant increase in female participants in boxing. Furthermore, Olympic Agenda 2020 encourages the International Olympic Committee (IOC) to partner with different International Federations to promote at least 50% female participation at the Olympic Games. Hence, such factors are expected to drive market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Company Profiles

The boxing equipment market report includes information on the product launches, sustainability, and prospects of leading vendors, including Adidas AG, Bhalla International, Carry Sports Total, Century LLC, Combat Brands LLC, FAIRTEX EQUIPMENT CO. LTD., Frasers Group plc, Hayabusa Fightwear Inc., Hind Sports, Khalsa Gymnastic Works, King Pro Boxing, Kozuji, Maizo Worldwide, PRO BOXING EQUIPMENT, Revgear Sports Co., Ring To Cage Fight Gear, Sanabul, Shijiazhuang Goods Co. Ltd., Twins Special Co. Ltd, and Venum.

Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

Boxing Equipment Market – Market Segmentation

The Boxing Equipment Market is analyzed in terms of products by gloves, protective gear, and training equipment, distribution channels by offline and online, and geography by North America, Europe, APAC, South America, and the Middle East and Africa.

The market share growth by the gloves segment will be significant during the forecast period. One of the most important pieces of equipment in boxing is the gloves as these comprise the basic requirement for both training purposes and professional matches. Boxing gloves mainly protect the hands of the participant and minimize the effect of punches and strikes on the opponent. Modern boxing gloves are specifically designed to protect the player’s hands during the competition. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.

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Boxing Equipment Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.07%
Market growth 2023-2027	USD 260.17 million
Market structure	Fragmented
YoY growth 2022-2023 (%)	3.6
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 39%
Key countries	US, Canada, China, Japan, Germany, and UK
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	adidas AG, Bhalla International, Carry Sports total, Century LLC, Combat Brands LLC, FAIRTEX EQUIPMENT CO. LTD., Frasers Group plc, Hayabusa Fightwear Inc., Hind Sports, Khalsa Gymnastic Works, King Pro Boxing, Kozuji, Maizo Worldwide, PRO BOXING EQUIPMENT, Revgear Sports Co., Ring To Cage Fight Gear, Sanabul, Shijiazhuang Goods Co. Ltd., Twins Special Co. Ltd, and Venum
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global boxing equipment market 2017 – 2021

Exhibit 18: Historic Market Size – Data Table on Global boxing equipment market 2017 – 2021 ($ million)

4.2 Product Segment Analysis 2017 – 2021

Exhibit 19: Historic Market Size – Product Segment 2017 – 2021 ($ million)

4.3 Distribution Channel Segment Analysis 2017 – 2021

Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 – 2021 ($ million)

4.4 Geography Segment Analysis 2017 – 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

4.5 Country Segment Analysis 2017 – 2021

Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis – Comparison between2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments

Exhibit 30: Chart on Product – Market share 2022-2027 (%)
Exhibit 31: Data Table on Product – Market share 2022-2027 (%)

6.2 Comparison by Product

Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product

6.3 Gloves – Market size and forecast 2022-2027

Exhibit 34: Chart on Gloves – Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Gloves – Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Gloves – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Gloves – Year-over-year growth 2022-2027 (%)

6.4 Protective gear – Market size and forecast 2022-2027

Exhibit 38: Chart on Protective gear – Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Protective gear – Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Protective gear – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Protective gear – Year-over-year growth 2022-2027 (%)

6.5 Training equipment – Market size and forecast 2022-2027

Exhibit 42: Chart on Training equipment – Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on Training equipment – Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on Training equipment – Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Training equipment – Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by Product

Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments

Exhibit 47: Chart on Distribution Channel – Market share 2022-2027 (%)
Exhibit 48: Data Table on Distribution Channel – Market share 2022-2027 (%)

7.2 Comparison by Distribution Channel

Exhibit 49: Chart on Comparison by Distribution Channel
Exhibit 50: Data Table on Comparison by Distribution Channel

7.3 Offline – Market size and forecast 2022-2027

Exhibit 51: Chart on Offline – Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Offline – Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Offline – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Offline – Year-over-year growth 2022-2027 (%)

7.4 Online – Market size and forecast 2022-2027

Exhibit 55: Chart on Online – Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Online – Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Online – Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Online – Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Distribution Channel

Exhibit 59: Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison

Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison

9.3 North America – Market size and forecast 2022-2027

Exhibit 65: Chart on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on North America – Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America – Year-over-year growth 2022-2027 (%)

9.4 Europe – Market size and forecast 2022-2027

Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)

9.5 APAC – Market size and forecast 2022-2027

Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

9.6 South America – Market size and forecast 2022-2027

Exhibit 77: Chart on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on South America – Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America – Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa – Market size and forecast 2022-2027

Exhibit 81: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

9.8 US – Market size and forecast 2022-2027

Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)

9.9 Germany – Market size and forecast 2022-2027

Exhibit 89: Chart on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Germany – Year-over-year growth 2022-2027 (%)

9.10 China – Market size and forecast 2022-2027

Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

9.11 UK – Market size and forecast 2022-2027

Exhibit 97: Chart on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on UK – Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK – Year-over-year growth 2022-2027 (%)

9.12 Canada – Market size and forecast 2022-2027

Exhibit 101: Chart on Canada – Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Canada – Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Canada – Year-over-year growth 2022-2027 (%)

9.13 Japan – Market size and forecast 2022-2027

Exhibit 105: Chart on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on Japan – Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Japan – Year-over-year growth 2022-2027 (%)

9.14 Market opportunity by geography

Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

Exhibit 110: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 112: Overview on factors of disruption

11.4 Industry risks

Exhibit 113: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 114: Vendors covered

12.2 Market positioning of vendors

Exhibit 115: Matrix on vendor position and classification

12.3 adidas AG

Exhibit 116: adidas AG – Overview
Exhibit 117: adidas AG – Business segments
Exhibit 118: adidas AG – Key news
Exhibit 119: adidas AG – Key offerings
Exhibit 120: adidas AG – Segment focus

12.4 Bhalla International

Exhibit 121: Bhalla International – Overview
Exhibit 122: Bhalla International – Product / Service
Exhibit 123: Bhalla International – Key offerings

12.5 Carry Sports total

Exhibit 124: Carry Sports total – Overview
Exhibit 125: Carry Sports total – Product / Service
Exhibit 126: Carry Sports total – Key offerings

12.6 Century LLC

Exhibit 127: Century LLC – Overview
Exhibit 128: Century LLC – Product / Service
Exhibit 129: Century LLC – Key offerings

12.7 FAIRTEX EQUIPMENT CO. LTD.

Exhibit 130: FAIRTEX EQUIPMENT CO. LTD. – Overview
Exhibit 131: FAIRTEX EQUIPMENT CO. LTD. – Product / Service
Exhibit 132: FAIRTEX EQUIPMENT CO. LTD. – Key offerings

12.8 Frasers Group plc

Exhibit 133: Frasers Group plc – Overview
Exhibit 134: Frasers Group plc – Key offerings

12.9 Hayabusa Fightwear Inc.

Exhibit 135: Hayabusa Fightwear Inc. – Overview
Exhibit 136: Hayabusa Fightwear Inc. – Product / Service
Exhibit 137: Hayabusa Fightwear Inc. – Key offerings

12.10 Hind Sports

Exhibit 138: Hind Sports – Overview
Exhibit 139: Hind Sports – Product / Service
Exhibit 140: Hind Sports – Key offerings

12.11 Khalsa Gymnastic Works

Exhibit 141: Khalsa Gymnastic Works – Overview
Exhibit 142: Khalsa Gymnastic Works – Product / Service
Exhibit 143: Khalsa Gymnastic Works – Key offerings

12.12 King Pro Boxing

Exhibit 144: King Pro Boxing – Overview
Exhibit 145: King Pro Boxing – Product / Service
Exhibit 146: King Pro Boxing – Key offerings

12.13 Kozuji

Exhibit 147: Kozuji – Overview
Exhibit 148: Kozuji – Product / Service
Exhibit 149: Kozuji – Key offerings

12.14 Maizo Worldwide

Exhibit 150: Maizo Worldwide – Overview
Exhibit 151: Maizo Worldwide – Product / Service
Exhibit 152: Maizo Worldwide – Key offerings

12.15 PRO BOXING EQUIPMENT

Exhibit 153: PRO BOXING EQUIPMENT – Overview
Exhibit 154: PRO BOXING EQUIPMENT – Product / Service
Exhibit 155: PRO BOXING EQUIPMENT – Key offerings

12.16 Revgear Sports Co.

Exhibit 156: Revgear Sports Co. – Overview
Exhibit 157: Revgear Sports Co. – Product / Service
Exhibit 158: Revgear Sports Co. – Key offerings

12.17 Twins Special Co. Ltd

Exhibit 159: Twins Special Co. Ltd – Overview
Exhibit 160: Twins Special Co. Ltd – Product / Service
Exhibit 161: Twins Special Co. Ltd – Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

Exhibit 162: Inclusions checklist
Exhibit 163: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 164: Currency conversion rates for US$

13.4 Research methodology

Exhibit 165: Research methodology
Exhibit 166: Validation techniques employed for market sizing
Exhibit 167: Information sources

13.5 List of abbreviations

Exhibit 168: List of abbreviations

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