According to the latest market research study by Technavio, the global boxing equipment market is expected to grow at a CAGR of close to 5% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global boxing equipment market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the product
Source: Technavio
Click here to request a free sample of this report
Global boxing gloves market: The growing popularity of boxing as a fitness program and a subsequent increase in the participation rates are driving growth in the boxing gloves segment. The popularity of the sport has led many health and fitness clubs to include boxing workout classes as a part of their fitness programs. All these factors, along with the high replacement rate of boxing gloves will have a positive influence on the growth of the global boxing gloves market during the forecast period.
“Growing adoption rates of combat sports is also powering the popularity of boxing because the techniques used in both boxing and other combat sports are same. Currently, fitness boxing is trending among women as well. Thus, the vendors in the market are focusing on the development of gloves for women’s fitness boxing,” says Brijesh Kumar Choubey, a lead analyst at Technavio.
Global protective gear market: Compulsory requirement of the protective equipment in most of the international tournaments is driving the growth of the protective gear segment. Moreover, professional players replace these products every three years on an average, which also fuels the growth of the segment. Furthermore, rising number of boxing tournaments being organized in various parts of the world is also a key driver for the protective gear market.
Global training equipment market: Growing number of health and fitness clubs, which offer fitness boxing as a part of their fitness programs is one of the major drivers of this segment. The use of tracking technology in boxing training equipment is an emerging trend of the global training equipment market.
Ask an analyst to know more about this report
The top vendors operating in the global boxing equipment market are:
- Adidas
- Century Martial Arts
- Everlast Worldwide
- Hayabusa Fightwear
- Twins Special
The other prominent vendors in the market include Combat Sports International, Fairtex, King Professional, REVGEAR, Ringside, Rival Boxing Gear, and Venum Store.
A more detailed analysis is available in the Technavio report titled, ‘Global Boxing Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Basketball Equipment Market 2016-2020
- Global Sports Equipment Market 2016-2020
- Global Agility Training Equipment Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
