This report analyzes the boxing equipment market by the product (gloves, protective gear, and training equipment), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, MEA)
NEW YORK, May 30, 2022 /PRNewswire/ -- The boxing equipment market will be driven by factors such as development programs to increase participation. Grassroots programs are conducted in schools, clubs, and communities to instill the core values of sports, especially among the youth. The increasing number of grassroots programs, especially for young children, is driving the growth of the global boxing equipment market. Such programs encourage the youth to join sports, thereby helping them become regular or professional players.
The boxing equipment market size is expected to grow by USD 270.36 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 5% during the forecast period.
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Boxing Equipment Market: Market Segmentation
By product, the gloves segment will have significant market share growth during the forecast period. Gloves are the basic requirement for training purposes and professional matches. They protect the hands of the wearer and reduce the impact of punches and strikes. Boxing gloves are designed to reduce superficial facial injuries. The growing popularity of boxing for fitness and a subsequent increase in the participation rates are leading to the growth of the boxing gloves segment.
By geography, North America will have the highest market share growth during the forecast period. Most consumers are becoming aware of the benefits of leading a healthy lifestyle. This has encouraged them to adopt sports such as boxing, thus driving the growth of the market in the region
Boxing Equipment Market: Trend
The rise in the number of women participants is a trend in the boxing equipment market. The participation of women in different sports has increased across the world. The gender gap between the number of male and female players in the Olympic Games is declining. The participation of women in various sports, such as boxing, has increased over the last few years, with participation by an equal number of men and women. The growing adoption of boxing by women indicates a positive trend, which is expected to affect the market positively during the forecast period.
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Boxing Equipment Market: Key Vendor Offerings
Century LLC - The company offers various types of boxing equipment such as training bags, gloves, wraps, and many more.
Everlast Worldwide Inc. - The company offers various types of boxing equipment such as headgear, handwraps, punch mitts, gauze, and many more.
Hayabusa Fightwear Inc. - The company offers various types of boxing equipment such as gloves, headgears, rash guards, footwear, and others.
Industria Reyes SA de CV - The company offers various types of boxing equipment such as fight gloves, protective equipment, and many more.
Kozuji - The company offers various types of boxing equipment such as gloves, headgear, groin protector, and others.
Reasons to Buy Boxing Equipment Market Report:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist boxing equipment market growth during the next five years
Estimation of the boxing equipment market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the boxing equipment market across North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of boxing equipment market vendors
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Boxing Equipment Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 5%
Market growth 2021-2025
USD 270.36 million
YoY growth (%)
North America, Europe, APAC, South America, MEA, North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 39%
Key consumer countries
US, Germany, UK, China, and Canada
Leading companies, competitive strategies, consumer engagement scope
Century LLC, Everlast Worldwide Inc., Hayabusa Fightwear Inc., Industria Reyes SA de CV, Kozuji, Lonsdale, PRO BOXING EQUIPMENT, Sanabul, TSMA Franchise Systems Inc., and Venum
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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Table of Contents
1 Executive Summary
2 Market Landscape
2.1 Market ecosystem
2.2 Value chain analysis
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Product
5.1 Market segments
5.2 Comparison by Product
5.3 Gloves - Market size and forecast 2020-2025
5.4 Protective gear - Market size and forecast 2020-2025
5.5 Training equipment - Market size and forecast 2020-2025
5.6 Market opportunity by Product
6 Market Segmentation by Distribution channel
6.1 Market segments
6.2 Comparison by Distribution channel
6.3 Offline - Market size and forecast 2020-2025
6.4 Online - Market size and forecast 2020-2025
6.5 Market opportunity by Distribution channel
7 Customer landscape
8 Geographic Landscape
8.1 Geographic segmentation
8.2 Geographic comparison
8.3 North America - Market size and forecast 2020-2025
8.4 Europe - Market size and forecast 2020-2025
8.5 APAC - Market size and forecast 2020-2025
8.6 South America - Market size and forecast 2020-2025
8.7 MEA - Market size and forecast 2020-2025
8.8 Key leading countries
8.9 Market opportunity by geography
9 Drivers, Challenges, and Trends
9.1 Market drivers
9.2 Market challenges
9.3 Market trends
10 Vendor Landscape
10.1 Competitive scenario
10.2 Vendor landscape
10.3 Landscape disruption
11 Vendor Analysis
11.1 Vendors covered
11.2 Market positioning of vendors
11.3 Century LLC
11.4 Everlast Worldwide Inc.
11.5 Hayabusa Fightwear Inc.
11.6 Industria Reyes SA de CV
11.9 PRO BOXING EQUIPMENT
11.11 TSMA Franchise Systems Inc.
12.1 Scope of the report
12.2 Currency conversion rates for US$
12.3 Research methodology
12.4 List of abbreviations
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