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.
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.
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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:
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.
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Technavio Research
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SOURCE Technavio