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Boxing equipment market: Historic industry size and analysis of 15 vendors and 7 countries - Technavio

Global Boxing Equipment Market 2023-2027

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Technavio

Nov 30, 2022, 05:30 ET

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NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The boxing equipment market size is forecasted to increase by USD 260.17 million from 2022 to 2027, at a CAGR of 4.07%, according to the recent market study by Technavio. The growth of the market will be driven by the development programs to increase participation, boxing as a part of fitness programs, and the increasing prominence of private-label brands.

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Technavio has announced its latest market research report titled Global Boxing Equipment Market 2023-2027
Technavio has announced its latest market research report titled Global Boxing Equipment Market 2023-2027

Technavio categorizes the global boxing equipment market as a part of the leisure products market, which covers a variety of categories, including sports equipment, musical instruments, camping equipment, recreational vehicles, bicycles, toys, and other consumer-oriented games.

Charts and data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report

Technavio has extensively analyzed 15 major 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.

Key benefits for industry players and stakeholders –
  • The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
  • It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
  • The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in future - To get requisite details, ask for a custom report.

Customer landscape - Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio

  • One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
  • Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
  • Furthermore, market adoption rates for all regions have been covered.

Download the sample to get a holistic overview of the boxing equipment market by industry experts to evaluate and develop growth strategies.

The market is segmented by product (gloves, protective gear, and training equipment) and distribution channel (offline and online).

Segmentation by product (inclusion/exclusion)
  • Inclusion: 
    • Gloves:

The gloves segment grew gradually by USD 485.92 million between 2017 and 2021. Boxing gloves protect the hands of the wearer and reduce the impact of punches and strikes. Different kinds of boxing gloves are required for sparring and other forms of boxing training. The growing popularity of boxing and the subsequent increase in participation rates are driving the boxing gloves segment growth. Moreover, the high replacement rate of boxing gloves will have a positive impact on the growth of the gloves segment during the forecast period.

To get detailed insights about inclusions and exclusions, buy report.

Related reports -

Rugby equipment market by distribution channel, product, and geography - Forecast and analysis 2022-2026 – size is estimated to increase by USD 730.08 million from 2021 to 2026, with an accelerated CAGR of 5.57%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online), product (rugby boots, rugby protective gears, rugby balls, and others), and geography (Europe, APAC, North America, Middle East and Africa, and South America). 

Home fitness equipment market by distribution channel and geography - forecast and analysis 2022-2026 – size is estimated to increase by USD 2.01 billion from 2021 to 2026, with an accelerated CAGR of 7.73%, according to the recent market study by Technavio. The increased demand for home fitness equipment is one of the key factors driving the market growth.

What are the key data covered in the boxing equipment market?
  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the boxing equipment market between 2023 and 2027
  • Precise estimation of the size of the boxing equipment market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the boxing equipment market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of boxing equipment market vendors

Boxing equipment market scope

Report Coverage

Details

Page number

157

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 (%)

3.6

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing contribution

North America at 39%

Key countries

US, Canada, China, Japan, Germany, and UK

Competitive landscape

Leading companies, market positioning of vendors, competitive strategies, and industry risks

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 for the forecast period

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's consumer discretionary market reports

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
About us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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