Global Boxing Gear Market– Introduction

  • Boxing gear comprises punching bags, boxing gloves, and boxing apparel, which are used by an individual while training and competing at boxing. Boxing is a combat sport that is highly popular among the young population. Boxers have toned muscles and boxing provides enough strength to maintain proper body weight. Boxing helps improve overall physique and provides health and well-being. Therefore, it is imperative to invest in right boxing equipment that protects an individual against possible injury and hazards.

Boxing gear has ample cushioning and adheres to international safety standards

  • Boxing gear must have cushioning in order to safeguard from punches to the face. Additionally, the safety gear needs to comply with international standards of boxing, as demand for safe boxing gear is increasing due to stringent regulations by sports organizations regarding the use of gear and accessories. Several regulations have been enacted by governing bodies, as boxers start out young, and the rules are stricter for younger players.

World Championships and Rise in Number of Participants

  • Number of boxing world championships and tournaments is increasing, and the sports industry is promoting boxing as a game and sport. Additionally, several people take up boxing as a recreational activity in order to remain fit and healthy. An increase in number of people pursuing boxing is likely to boost the demand for boxing gear. Increase in world championships and students participating form college schools, and universities has been rising globally. Presently, the global sports industry is an all-encompassing business, which includes sporting goods and apparel to broadcasting rights, sponsorship, merchandising, and gate revenues. This is driving the demand for boxing gear globally.

North America to Dominate Global Boxing Gear Market

  • The global boxing gear market can be segmented into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America accounted for a major share of the global boxing gear market in 2020. The market in North America and Europe is anticipated to expand at a rapid pace due to an increase in number of world championships, and tournaments; rise in popularity of boxing as a sport; and increased focus on safety and international standards of boxing in countries such as the U.S., Canada, Mexico, Germany, and France, are projected to fuel the sales of boxing gear in the near future
  • The market in Asia Pacific is expected to expand at a significant growth rate during the forecast period due to a rapid rise in number of premier leagues and championships, and rise in number of players participating in boxing tournaments in nations such as China, Korea, Japan, Chinese Taipei, Australia, Kyrgyzstan, and other countries in Southeast Asia. These factors are projected to propel the demand for boxing gear in Asia Pacific.

Key Players Operating in Global Boxing Gear Market

Major players operating in the global boxing gear market are likely to face intense competition during the forecast period. Prominent companies such as Sportsjam, TITLE Boxing, Prokicksports, and Leisure Export Worldwide are focusing on developing boxing gear that is made of soft material providing cushioning and complies with international standards. Key players operating in the global boxing gear market include:

  • Sportsjam
  • TITLE Boxing
  • Prokicksports
  • Leisure Export Worldwide
  • RDX Inc.
  • VENUM.COM
  • BOXFIT
  • Revgear
  • Everlast Worldwide, Inc.
  • Yokkao

Global Boxing Gear Market – Research Scope

Global Boxing Gear Market, by Product Type

  • Punching Bags
  • Gloves
  • Protective Equipment
    • Mouthguards
    • Protective Headgear
  • Hand wraps
  • Training Equipment
  • Footwear

Global Boxing Gear Market, by Price Range

  • Low
  • Medium
  • High

Global Boxing Gear Market, by Application

  • Individual
  • Commercial

Global Boxing Gear Market, by Distribution Channel

  • Online
    • Company-owned Website
    • E-commerce Websites
  • Offline
    • Specialty Stores
    • Hypermarket/Supermarket
    • Others (Independent retail stores, etc.)

Global Boxing Gear Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

  • Agenda for CXOs: TMR, through the study, sets the tone for agendas that are pertinent to CEOs, CFOs, CIOs, and other CXO executives of businesses operating in the market. The perspectives help our clients to bridge the gap between agenda and action plan. TMR strives to offer guidance to CXOs to undertake mission-critical activities empowered by various business analysis tools, and boost the performance of the organizations. The perspectives guide you to decide on your own marketing mix that align well with the policies, visions, and mission.
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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
  • Which regions will witness rise in new opportunities?
  • Which are the game-changing technologies being used to capture new revenue streams in the near future?
  • Which operational and tactical frameworks are being adopted by various players in gaining customer loyalty?
  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Boxing Gear Market