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

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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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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