Boxing Gloves Market Overview:

The Boxing Gloves Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Boxing Gloves Market, as well as the causes for variances in the industry’s growth in different regions.

The Boxing Gloves Market size was valued at USD 1.26 Bn. in 2022 and the total Boxing Gloves revenue is expected to grow by 5.5 % from 2023 to 2029, reaching nearly USD 1.84 Bn.

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Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research was conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.

Segmentation:

by Size

1. 4 to 10 oz
2. 12 to 18 oz
3. Above 18 oz

Boxing gloves come in three sizes based on weight: 4 to 10 oz, 12 to 18 oz, and Above 18 oz. In 2022, the boxing glove market was dominated by the 12 to 18 oz category, and this trend is anticipated to continue during the forecast period. In 2022, the boxing glove market share was accounted for by the 12 to 18 ounce group at 63.5%. This is as a result of consumers weighing 120 to 180 pounds having a higher desire for the 12 oz to 18 oz sizes.

by Type

1. Training Gloves
2. Bag Gloves
3. Others

Training gloves, bag gloves, and other types of gloves are classified into the type segment based on the Type. The market for training gloves is anticipated to continue to rule. This domination is attributable to an increase in boxing enthusiasts using gyms and fitness facilities as their training grounds. All throughout the world, boxers often wear training gloves, which has greatly raised demand for training gloves. Training gloves are made to offer the finest performance and protection possible. The standard hook-and-loop fastening on training gloves makes them simple to put on and take off. Both the boxer and the opponent are protected by boxing gloves. The training gloves also have a system for keeping track of how many rounds a user has gone through.

by Buyers

1.Institutional
2.Individual

by Material

1. PU Leather
2. Leather
3. Superskin
4.Others

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Key Players:

Primary and secondary research is used to identify market leaders, and primary and secondary research is used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.

• The biggest players in the Boxing Gloves Market are as follows:

1. Bytomic Martial Arts
2. Century Martial Arts
3. Combat Sports Ins
4. Everlast Worldwide Inc
5. Fairtex Equipment co. Ltd
6. Hayabusa Fightwear Ins,
7. Prolast Corporation
8. Revgear
9. RDX Sports
10. Sanabul
11. Title Boxing LLC
12. Twins Special
13. Yokkao
14. Rival Boxing
15. Reebok
16. International ltd
17. Adidas AG
18. Sports Direct International Plc

Regional Analysis:

Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Boxing Gloves Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on the Boxing Gloves Market:

End-user industries where Boxing Gloves Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Boxing Gloves Market manufacturers, influencing the development of the Boxing Gloves Market in 2020. End-user business demand for Boxing Gloves Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.

Key Questions Answered in the Boxing Gloves Market Report are:

In 2021, which segment held the highest proportion of the Boxing Gloves Market?

What is the Boxing Gloves Market’s competitive landscape?

What are the primary drivers assisting the Boxing Gloves Market growth?

Which region has the most market share in the Boxing Gloves Market?

What will be the Boxing Gloves Market’s CAGR throughout the projected period?

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