Home > Consumer Goods & Services > Sports Equipment > Equipment and Supplies > Boxing Gear Market
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.
Report Attribute | Details |
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Base Year: | 2022 |
Boxing Gear Market Size in 2022: | USD 1.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 7.4% |
2032 Value Projection: | USD 3.1 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 292 |
Segments covered: | Product Type, Price Range, Consumer Group, End-Use, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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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.