Global Kickboxing Equipment Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Gloves, Protective Gear, Hand Wraps, Punching Bags, Boxing Pads, Athletic Tapes, Clothing, Ankle,Knee,Elbow Wraps, and Others), By Application (Individual, Commercial, Promotional, and Institutional), By Distribution Channel (Online and Offline), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Consumer GoodsGlobal Kickboxing Equipment Market Insights Forecasts to 2033
- The Global Kickboxing Equipment Market Size was estimated at USD 226.4 Million in 2023
- The Market Size is Expected to Grow at a CAGR of around 3.66% from 2023 to 2033
- The Worldwide Kickboxing Equipment Market Size is Expected to Reach USD 324.4 Million by 2033
- Asia Pacific is expected to Grow the fastest during the forecast period.
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The Global Kickboxing Equipment Market Size was worth around USD 226.4 Million in 2023 and is predicted to Grow to around USD 324.4 Million by 2033 with a Compound Annual Growth Rate (CAGR) of 3.66 % between 2023 and 2033. The kickboxing equipment market is being driven by the rising trend of combat sports and martial arts as a form of physical exercise has increased demand substantially. Moreover, kickboxing is increasingly being sought out for its high-intensity training and successful fitness outcomes.
Market Overview
The kickboxing equipment industry market is defined as an industry that is the specially designed gear in kickboxing, a fighting sport that is the blend of martial arts and boxing, such as gloves, shin guards, headgear, mouthguards, and groin protectors, for defense and support throughout training and competitions. At present, with the rising awareness of health and defense, kickboxing is gaining popularity as increasingly health-oriented individuals seek diverse exercise routines. A body conditioning workout engages cardio and strength training and appeals to individuals of all ages and fitness levels. Furthermore, the rising rates of obesity and chronic disease have generated a growing demand for effective methods of weight control. Kickboxing offers an entertaining and productive means of calorie burning and is appealing to many individuals. The growing list of kickboxing institutions, clubs, and associations is driving demand for kickboxing equipment. Additionally, government efforts are being initiated by many countries for compulsory wearing of safety equipment to keep the players in the ring safe and comfortable. In the kickboxing equipment market, technological innovation has played a major role, the invention of new materials and designs has resulted in improved-quality, long-lasting, and performance-enhancing gear. Smart wearable technology, including heart rate monitors and fitness trackers, has been integrated into kickboxing training, providing athletes with useful information and knowledge, which have expanded the product line and made it more appealing to a larger market.
Report Coverage
This research report categorizes the kickboxing equipment market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the kickboxing equipment market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the kickboxing equipment market.
Global Kickboxing Equipment Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 226.4 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 3.66% |
2033 Value Projection: | USD 324.4 Million |
Historical Data for: | 2019 - 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product Type, By Application, By Distribution Channel and By Region |
Companies covered:: | TWINS SPECIAL, Combat Brands, Fairtex Global, KING PRO BOXING, Revgear, Ringside Boxing, Adidas, Century Martial Arts., EVERLAST WORLDWIDE INC., Hayabusa Fightwear Inc., and Others |
Pitfalls & Challenges: | Covid 19 Impact Challenges, Future, Growth and Analysis |
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Driving Factors
The market for kickboxing equipment is expanding rapidly because of the growing popularity of combat sports and martial arts as a fitness trend has greatly increased demand. With the growth of the market increasing, individuals are resorting to kickboxing for its intense workouts and superior fitness outcomes. For instance, gyms nationwide in the U.S. have experienced growth in kickboxing class registrations, triggering the demand for specialized equipment. Additionally, awareness about self-defense training is increasing among individuals, especially women, and this awareness encourages more people to invest in kickboxing gear to increase their training and safety. Furthermore, urbanization accelerates the spread of kickboxing centers, as urban areas focus on groups of people who are looking for fitness. Urban density favors the presence of gyms and training centers, rendering kickboxing convenient for city residents.
Restraining Factors
People only have a finite amount of time and resources to devote to their preferred combat sport or fitness exercise, the decision between these two disciplines can prove to be quite a challenge. Additionally, kickboxing equipment manufacturers have to deal with the reality that possible consumers might use equipment designed for other sports, which can affect the demand for kickboxing-specific equipment. The international kickboxing equipment market is also beset by counterfeit and low-quality products that overwhelm both physical and virtual stores.
Market Segmentation
The Kickboxing Equipment market share is classified into product type, application, and distribution channel.
- The gloves segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the kickboxing equipment market is divided into gloves, protective gear, hand wraps, punching bags, boxing pads, athletic tapes, clothing, ankle, knee, elbow wraps, and others. Among these, the gloves segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to they are crucial for the protection of the hand, enhancing striking power and technique, and are required for competitions and training sessions. Additionally, the market provides a varied array of gloves suitable for various requirements, including training gloves, sparring gloves, competition gloves, and bag gloves.
- The commercial segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the kickboxing equipment market is divided into individual, commercial, promotional, and institutional. Among these, the commercial segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the rising popularity of group fitness classes like kickboxing has generated a need for strong and high-quality equipment in commercial gyms and fitness studios. Additionally, the development of kickboxing as a competitive sport has generated increasing demand for specialized gear in training facilities and tournament venues.
- The offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the kickboxing equipment market is divided into online and offline. Among these, the offline segment accounted for the biggest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth is due to the need for a hands-on experience, where consumers get to test and evaluate the quality of such equipment as gloves and headgear, and the advantage of advice from experts in specialized stores. Additionally, Equipment types like headgear and gloves among others have to be attempted suitably.
Regional Segment Analysis of the Kickboxing Equipment Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America is anticipated to hold the largest share of the Kickboxing Equipment market over the predicted timeframe.
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North America is anticipated to hold the largest share of the kickboxing equipment market over the predicted timeframe. North America has a strong fitness culture and an increasing demand for martial arts as a means of exercising and personal security. The highly developed retail infrastructure and high e-commerce penetration in the region enable easy availability of various kickboxing equipment. Additionally, the existing sports facilities in the region, such as gyms, fitness studios, and boxing clubs, have also increased the market for kickboxing equipment.
Asia-Pacific is expected to grow at a rapid CAGR in the kickboxing equipment market during the forecast period. The Asian consumer an emerging middle class with strong purchasing power is poised to propel demand for fitness and well-being products. Furthermore, the population in the urban areas of this region is rapidly expanding and incorporating fitness into their everyday lifestyle, resulting in increasing membership at the gym and exercising at home.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Kickboxing Equipment market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- TWINS SPECIAL
- Combat Brands
- Fairtex Global
- KING PRO BOXING
- Revgear
- Ringside Boxing
- Adidas
- Century Martial Arts.
- EVERLAST WORLDWIDE INC.
- Hayabusa Fightwear Inc.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In October 2021, Adidas launched new boxing gloves and boots with the latest sweat-wicking technology and improved wrist support. The products are designed to enhance comfort and protection for the athletes during competition and training.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Kickboxing Equipment market based on the below-mentioned segments:
Global Kickboxing Equipment Market, By Product Type
- Gloves
- Protective Gear
- Hand Wraps
- Punching Bags
- Boxing Pads
- Athletic Tapes
- Clothing
- Ankle/Knee/Elbow Wraps
- Others
Global Kickboxing Equipment Market, By Application
- Individual
- Commercial
- Promotional
- Institutional
Global Kickboxing Equipment Market, By Distribution Channel
- Online
- Offline
Global Shower Heads Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the Kickboxing Equipment market over the forecast period?The global Kickboxing Equipment market is projected to expand at a CAGR of 3.66 % during the forecast period.
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2. What is the market size of the kickboxing equipment market?The global Kickboxing Equipment market size is expected to grow from USD 226.4 million in 2023 to USD 324.4 million by 2033, at a CAGR of 3.66% during the forecast period 2023-2033.
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3. Which region holds the largest share of the kickboxing equipment market?North America is anticipated to hold the largest share of the kickboxing equipment market over the predicted timeframe.
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