Market Overview:
The global boxing gloves market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing popularity of boxing as a sport and the rising demand for premium quality gloves. In terms of type, sparring gloves are expected to lead the market during the forecast period, owing to their growing use in training sessions. By application, amateur boxers are expected to dominate the market during the forecast period, owing to their increasing number worldwide. Geographically, North America is projected to lead the global boxing gloves market during 2018-2030 due its large population of amateur boxers and well-developed infrastructure for sports activities.
Product Definition:
Boxing gloves are padded gloves that are worn by boxers. They are used to protect the fighters' hands during boxing matches.
Bag gloves:
Bag gloves are used by boxers to protect their hands while they throw punches. They are made of thick leather and provide better protection than conventional hand wraps. The growth factor for the bag gloves market is represented by high demand from the Asia Pacific region, specifically China and India due to growing popularity of professional boxing in these countries.
The global market size spans across four major categories which include styles, manufacturers, types & applications.
Sparring gloves:
Sparring gloves are used in karate, kickboxing, fencing and other combat sports as they provide better protection than light punching bags. Sparring gloves are designed to protect the fighter from injuries during training as well as competition. They have a higher break point than bag gloves which makes them more effective for sparring partners who like to hit hard.
Application Insights:
Amateur boxer is the major application segment and accounted for more than 50% of the overall share in 2017. The rising popularity of amateur boxing among men and women across the globe is expected to be a key factor driving the demand for these gloves. Professional boxers are generally involved in sparring or full-contact training, which involves hitting with full force on a daily basis. This usually requires different types of boxing gloves to protect their hands from injuries caused by hard hits during training or fights.
The professional boxer glove market has witnessed significant growth over recent years owing to high demand from countries such as U.S., Canada, China, India etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position throughout the forecast period owing to presence of a large number of boxing tournaments, such as Olympics and World Championships. Moreover, increasing popularity of professional boxing matches on television networks is projected to drive demand for professional gloves in this region.
Asia Pacific regional market captured significant share in 2017 due to rising popularity of sports activities among youth population in countries like China and India. Increasing disposable income levels are also anticipated to fuel demand for sporting goods including gloves over the forecast period. Furthermore, growing interest from foreign boxers towards participating major tournaments organized by respective governments is likely boost product sales over next few years in this region as well as others where people have interest towards sports activities such as Europe and North America regions).
Growth Factors:
- Increasing popularity of boxing as a form of exercise and fitness
- Rising disposable income among the middle-class population in developing countries, which is driving demand for premium quality boxing gloves
- Growing number of amateur and professional boxers globally
- Proliferation of online retail platforms that offer a wide range of boxing gloves at competitive prices
- Introduction of innovative designs and features in boxing gloves
Scope Of The Report
Report Attributes
Report Details
Report Title
Boxing Gloves Market Research Report
By Type
Bag gloves, Sparring gloves, Competition gloves
By Application
Amateur Boxer, Professional Boxer
By Companies
Everlast, Winning, Adidas, Brucelee, Lonsdale, Combat, TITLE, Venum, Top king, Ringside, Everlast, Grant, Cleto Reyes, UFC, Reebok, Revgear, Century
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Boxing Gloves Market Report Segments:
The global Boxing Gloves market is segmented on the basis of:
Types
Bag gloves, Sparring gloves, Competition gloves
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Amateur Boxer, Professional Boxer
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Everlast
- Winning
- Adidas
- Brucelee
- Lonsdale
- Combat
- TITLE
- Venum
- Top king
- Ringside
- Everlast
- Grant
- Cleto Reyes
- UFC
- Reebok
- Revgear
- Century
Highlights of The Boxing Gloves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bag gloves
- Sparring gloves
- Competition gloves
- By Application:
- Amateur Boxer
- Professional Boxer
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Boxing Gloves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Boxing gloves are a pair of boxing gloves made of leather and cloth. They are worn by boxers to protect their hands from punches and other blows during a fight.
Some of the major players in the boxing gloves market are Everlast, Winning, Adidas, Brucelee, Lonsdale, Combat, TITLE, Venum, Top king, Ringside, Everlast, Grant, Cleto Reyes, UFC, Reebok, Revgear, Century.
The boxing gloves market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Boxing Gloves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Boxing Gloves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Boxing Gloves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Boxing Gloves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Boxing Gloves Market Size & Forecast, 2020-2028
4.5.1 Boxing Gloves Market Size and Y-o-Y Growth
4.5.2 Boxing Gloves Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bag gloves
5.2.2 Sparring gloves
5.2.3 Competition gloves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Amateur Boxer
6.2.2 Professional Boxer
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Boxing Gloves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Boxing Gloves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bag gloves
9.6.2 Sparring gloves
9.6.3 Competition gloves
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Amateur Boxer
9.10.2 Professional Boxer
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bag gloves
10.6.2 Sparring gloves
10.6.3 Competition gloves
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Amateur Boxer
10.10.2 Professional Boxer
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bag gloves
11.6.2 Sparring gloves
11.6.3 Competition gloves
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Amateur Boxer
11.10.2 Professional Boxer
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bag gloves
12.6.2 Sparring gloves
12.6.3 Competition gloves
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Amateur Boxer
12.10.2 Professional Boxer
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bag gloves
13.6.2 Sparring gloves
13.6.3 Competition gloves
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Amateur Boxer
13.10.2 Professional Boxer
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Boxing Gloves Market: Competitive Dashboard
14.2 Global Boxing Gloves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Everlast
14.3.2 Winning
14.3.3 Adidas
14.3.4 Brucelee
14.3.5 Lonsdale
14.3.6 Combat
14.3.7 TITLE
14.3.8 Venum
14.3.9 Top king
14.3.10 Ringside
14.3.11 Everlast
14.3.12 Grant
14.3.13 Cleto Reyes
14.3.14 UFC
14.3.15 Reebok
14.3.16 Revgear
14.3.17 Century
