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Boxing Gear Market Size

  • Report ID: GMI7511
  • Published Date: Nov 2023
  • Report Format: PDF

Boxing Gear Market Size

Boxing Gear Market size was valued at USD 1.5 billion in 2022 and is anticipated to register a CAGR of over 7.4% between 2023 and 2032. Increasing interest in boxing as a form of fitness training, seen as an effective full-body workout, leads to higher demand for boxing gloves, punching bags, and training equipment among fitness enthusiasts.

 

Expansion in professional boxing events, championships, and televised matches, increasing the visibility and popularity of the sport, consequently driving sales of boxing gear. Influential athletes and celebrities endorsing boxing or incorporating boxing into their fitness routines, influencing consumer preferences, and driving gear sales.

Increase in the number of fitness centers, boxing gyms, and studios offering boxing classes, boosting the demand for related gear among members and participants. Fashion trends favoring athletic and comfortable wear in daily life, leading to increased sales of boxing-related apparel and accessories.

Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

Boxing gear industry size reached USD 1.5 billion in 2022 and is set to expand at over 7.4% CAGR from 2023 to 2032 driven by the growing consumer interest for various forms of fitness training for effective full-body workout.

The gloves segment generated around USD 840 million in revenue in 2022 and is estimated to witness robust growth through 2032 owing to the ongoing incorporation into fitness routines.

North America held around 57% revenue share of the industry in 2022 and is projected to exhibit a robust CAGR through 2032 attributed to the rising adoption of fitness and wellness activities in the region.

Some of the top boxing gear companies are Under Armor Inc., Nike Inc., Title Boxing Club International, Inc., Everlast Worldwide, Inc., and Cleto Reyes, Inc.

Boxing Gear Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 12
  • Tables & Figures: 292
  • Countries covered: 18
  • Pages: 250
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