Global Boxing Equipment Market Research Report 2022

Boxing is currently one of the most popular sports, with the International Boxing Association (AIBA) looking to increase the number of women's boxing events in the Olympic program for the Tokyo 2020 games. In addition to training clubs, the market is also registering several new boxing tournaments, for example, in 2016, the International Championship Boxing League (ICBL) commenced operations and went on the become world's first competitive league for boxing. 
Due to the COVID-19 pandemic, the global Boxing Equipment market size is estimated to be worth US$ 1601.7 million in 2021 and is forecast to a readjusted size of US$ 2018.1 million by 2028 with a CAGR of 3.3% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Boxing Equipment market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Boxing Equipment landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Increasing awareness related to healthy lifestyle has led people to participate in kick boxing, and other self-defensive activities. Surge in kick boxing participation has led to an increase in demand for the kick boxing equipment in the fitness and sports industry. Moreover, people are trying to maintain their health and reduce weight, due to which they are engaging in various fitness related activities. With the increase in participation in fitness activities, demand for the kick boxing equipment is projected to increase in the fitness industry significantly. Such factors are likely to boost growth of the global market of kick boxing equipment during the predicted period. Participation in fitness activities such as kick boxing helps athletes in reducing the prominence of cardiovascular diseases. In order to burn fat and maintain fitness, people follow high-intensity workout routine. Attributed to intense workouts, people regain endorphins that they lose due to surge in stress levels. This helps in lowering prevalence of cardiovascular diseases among professional boxers and athletes. Such factors are projected to fuel growth of the global market of kick boxing equipment throughout 2022.
This report focuses on Boxing Equipment volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Boxing Equipment market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
Global Boxing Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Gloves
Ankle/Knee/Elbow Guard
Punching Bags
Hand Wraps
Shin Guard
Mouth Guard
Head Gear
Boxing Pads
Others
Segment by Application
Sporting Goods Retailer
Hypermarkets and Supermarkets
Online Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Adidas
Century Martial Arts
Everlast Worldwide
Twins Special
Combat Sports International
Fairtex
King Professional
REVGEAR
Ringside