Lewes, DE -- (SBWire) -- 03/10/2017 --Report forecast the global boxing equipment market to grow at a CAGR of 5.03% during the period 2017-2021.
Boxing has been slowly gaining popularity with the increasing participation in fitness boxing, especially by women in developed countries like the US. In the US, the participation in fitness boxing is more from women while men engage more in boxing. The growing popularity of boxing, leading to the sport becoming one of the widely-telecasted sports, is one of the key drivers of the market.
The report covers the present scenario and the growth prospects of the global boxing equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the retail sales of boxing equipment to individual consumers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
According to the report, one of the major drivers for this market is growing number of boxing tournaments. The number of boxing competitions played worldwide as well as the number of boxing training clubs are increasing, attributable to the increase in the number of players in the last couple of years. Boxing currently stands as 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.
Further, the report states that one of the major factors hindering the growth of this market is risk of injuries. Boxing is a full-body contact combat sport that requires clean punching on the opponent's head and body from a standing position. Due to the intense blows that are delivered and received as a part of the sport, physical injuries are very common.
Global Boxing Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global boxing equipment market: adidas, Century Martial Arts, Everlast Worldwide, Hayabusa Fightwear, and Twins Special.
Other Prominent Vendors in the market are: Combat Sports International, Fairtex, King Professional, REVGEAR, Ringside, Rival Boxing Gear, and Venum Store.
Market driver
- Growing number of boxing tournaments
- For a full, detailed list, view our report
Market challenge
- Risk of injuries
- For a full, detailed list, view our report
Market trend
- Rising popularity of women's boxing
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 70 pages and 41 Exhibits "Global Boxing Equipment Market 2017 - 2021" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by retail formats, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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