Global Boxing Equipment Market Growth 2023-2029

Global Boxing Equipment Market Growth 2023-2029

The global Boxing Equipment market size is projected to grow from US$ 386.3 million in 2022 to US$ 527.9 million in 2029; it is expected to grow at a CAGR of 4.6% from 2023 to 2029.

The key manufacturers of Boxing Equipment are Everlast, Venum, Hayabusa Fighter, RDX Sports, Adidas, Century Maritime Arts, TITLE Boxing, and Bhalla International, among which the top three manufacturers account for nearly 40% of the market share. Currently, Everlast is the largest manufacturer. The production of global boxing equipment is mainly distributed in North America, Europe, China, and Japan, among which the top three production regions account for nearly 90% of the market share, with North America being the largest production region. In terms of product types, the growth rate of punching bags is relatively fast, but gloves have the highest market share, exceeding 40%, followed by products such as punching bags and protective gear. In terms of its sales channels, offline sales are currently the majority, with a market share of over 50%, followed by online sales.

As a sport that can strengthen the body and release passion, more and more people have begun to accept boxing and try to release their emotions and exercise their bodies through boxing. However, boxing is not like other sports. To achieve good results, a series of training is required. High-level boxers use many kinds of equipment. Even amateurs need certain equipment. Boxing equipment generally includes boxing gloves, protective gear, punching bags, etc. The hand bandage can protect the wrist and fist peak, and at the same time, it can better transmit power. Boxing gloves are essential equipment in boxing. It can help you finish the blow better while protecting the fist from getting hurt! And boxing gloves will also have different weights according to body weight. Boxing is a confrontational sport, and protective gear can very well protect every part of your body from being hit.

LPI (LP Information)' newest research report, the “Boxing Equipment Industry Forecast” looks at past sales and reviews total world Boxing Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Boxing Equipment sales for 2023 through 2029. With Boxing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Boxing Equipment industry.

This Insight Report provides a comprehensive analysis of the global Boxing Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Boxing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Boxing Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Boxing Equipment and breaks down the forecast by type, by sales channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Boxing Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Boxing Equipment market by product type, sales channel, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Gloves
Punching Bags
Protective Gear
Others

Segmentation by sales channel
Offline
Online

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Everlast
Venum
Hayabusa Fightwear
RDX Sports
Adidas
Century Martial Arts
TITLE Boxing
Bhalla International
Cleto Reyes
Sanabul
Outslayer
Fairtex Equipment
Kozuji
NazoBoxing
MaxxMMA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Boxing Equipment market?

What factors are driving Boxing Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Boxing Equipment market opportunities vary by end market size?

How does Boxing Equipment break out type, sales channel?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.