Boxing Equipment Consumption Market | Forecast 2018-2023
In this report, Planet Market Reports covers the present scenario with the base year being 2017 and the growth prospects of global Boxing Equipment market for 2018-2023.
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.
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.
Over the next five years, Planet Market Reports projects that Boxing Equipment will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Boxing Equipment market by product type, application, key manufacturers and key regions.
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To calculate the market size, Planet Market Reports considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Gloves
Ankle/Knee/Elbow Guard
Punching Bags
Hand Wraps
Shin Guard
Mouth Guard
Head Gear
Boxing Pads
Others
Segmentation by application:
Sporting Goods Retailer
Hypermarkets and Supermarkets
Online Retail
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
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Adidas
Century Martial Arts
Everlast Worldwide
Twins Special
Combat Sports International
Fairtex
King Professional
REVGEAR
Ringside
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Boxing Equipment consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Boxing Equipment market by identifying its various subsegments.
Focuses on the key global Boxing Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Boxing Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Boxing Equipment submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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