Market Overview:
The global speed punching bag market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into leather punching bag, vinyl punching bag, canvas punching bag and other. The leather punching bags are expected to dominate the global speed punching bags market with a share of more than 50% by 2030 owing to their high durability and long life span as compared to other types of speed punch bags available in the market. On the basis of application, fitness studios and gyms are expected to be one of fastest growing segments with a CAGR close to 6%.
Product Definition:
A speed punching bag is a small, lightweight bag that is used for training in speed and agility. It is usually filled with air or some other light material, which makes it easier to move around.
Leather Punching Bag:
Leather punching bag is a tool that helps in training and improving hand-eye coordination, flexibility, balance, agility and strength of the body. It also helps to improve focus and concentration along with developing self-discipline. The product is available in different sizes depending upon the age group of users ranging from 3 - 60 kgs.
Vinyl Punching Bag:
Vinyl punching bag is a soft target material that can be used as an alternative to leather or rubber filled bags. It has high tensile strength and durability, which makes it suitable for heavy-duty training. Vinyl is a non-toxic, lightweight, flexible & clear plastic polymer with the ability to be molded into various shapes. They are available in different colors and sizes depending upon the application requirements of speed punching bag market players.
Application Insights:
The fitness studios and gym segment dominated the global speed punching bag market in terms of revenue share in 2017. This is attributed to the rising number of people joining gyms and fitness centers across various regions, including North America, Europe, Asia Pacific and Middle East & Africa. Furthermore, a rise in demand for home boxing equipment as part of an overall healthy lifestyle is expected to drive growth over the forecast period.
The training and sports centers segment accounted for a significant revenue share owing to increasing participation rates among children and adults in sports activities such as kickboxing, karate/taekwondo etc., across various regions worldwide. Moreover, this segment is also anticipated to witness lucrative growth during the forecast period due to rising demand among athletes globally for professional training services related requirements from their coaches or trainers at an early stage before competitions or events.
Regional Analysis:
North America dominated the global speed punching bag market in 2017. The region is expected to witness a considerable growth rate of 5.9% over the forecast period, owing to increasing consumer awareness regarding fitness and strong physical appearance. Furthermore, rising participation in sports activities such as baseball, cricket and football is also driving regional product demand.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to an increase in disposable income and growing population especially in China and India who are among top five consumers of punching bags globally due to their high spending capacity for leisure time activities such as training at home with speed bags or at gymnasiums or studios provided by private companies or government authorities that use different types of speed bags for training purpose which include vinyl punch bag, canvas punching bag etc., thereby boosting regional market growth over the next eight years from 2018 until 2030 timeframe.
Growth Factors:
- Increasing demand for fitness and health awareness among people.
- Rising disposable income of the population, especially in the developing countries.
- Growing popularity of martial arts and other combat sports around the world.
- Technological advancements in speed punching bag manufacturing that make them more durable and user-friendly .
Scope Of The Report
Report Attributes
Report Details
Report Title
Speed Punching Bag Market Research Report
By Type
Leather Punching Bag, Vinyl Punching Bag, Canvas Punching Bag, Other
By Application
Fitness Studios and Gyms, Training and Sports Centers, Schools and Universities, Others
By Companies
Everlast, Century Martial Arts, Ringside, Maxxmma, Outslayer, Cleto Reyes, RDX Sports, Title Boxing, AQUA TRAINING BAG, Pro Boxing Equipment, Nazo Boxing
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Speed Punching Bag Market Report Segments:
The global Speed Punching Bag market is segmented on the basis of:
Types
Leather Punching Bag, Vinyl Punching Bag, Canvas Punching Bag, Other
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
Fitness Studios and Gyms, Training and Sports Centers, Schools and Universities, Others
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
- Century Martial Arts
- Ringside
- Maxxmma
- Outslayer
- Cleto Reyes
- RDX Sports
- Title Boxing
- AQUA TRAINING BAG
- Pro Boxing Equipment
- Nazo Boxing
Highlights of The Speed Punching Bag 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:
- Leather Punching Bag
- Vinyl Punching Bag
- Canvas Punching Bag
- Other
- By Application:
- Fitness Studios and Gyms
- Training and Sports Centers
- Schools and Universities
- Others
- 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 Speed Punching Bag 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Speed punching bag is a punching bag that is designed to be used at high speeds. This type of punching bag can help you improve your speed and accuracy when hitting the target.
Some of the key players operating in the speed punching bag market are Everlast, Century Martial Arts, Ringside, Maxxmma, Outslayer, Cleto Reyes, RDX Sports, Title Boxing, AQUA TRAINING BAG, Pro Boxing Equipment, Nazo Boxing.
The speed punching bag market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Speed Punching Bag 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 Speed Punching Bag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Speed Punching Bag 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 Speed Punching Bag 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 Speed Punching Bag Market Size & Forecast, 2020-2028
4.5.1 Speed Punching Bag Market Size and Y-o-Y Growth
4.5.2 Speed Punching Bag 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 Leather Punching Bag
5.2.2 Vinyl Punching Bag
5.2.3 Canvas Punching Bag
5.2.4 Other
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 Fitness Studios and Gyms
6.2.2 Training and Sports Centers
6.2.3 Schools and Universities
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Speed Punching Bag 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 Speed Punching Bag 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 Leather Punching Bag
9.6.2 Vinyl Punching Bag
9.6.3 Canvas Punching Bag
9.6.4 Other
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 Fitness Studios and Gyms
9.10.2 Training and Sports Centers
9.10.3 Schools and Universities
9.10.4 Others
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 Leather Punching Bag
10.6.2 Vinyl Punching Bag
10.6.3 Canvas Punching Bag
10.6.4 Other
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 Fitness Studios and Gyms
10.10.2 Training and Sports Centers
10.10.3 Schools and Universities
10.10.4 Others
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 Leather Punching Bag
11.6.2 Vinyl Punching Bag
11.6.3 Canvas Punching Bag
11.6.4 Other
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 Fitness Studios and Gyms
11.10.2 Training and Sports Centers
11.10.3 Schools and Universities
11.10.4 Others
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 Leather Punching Bag
12.6.2 Vinyl Punching Bag
12.6.3 Canvas Punching Bag
12.6.4 Other
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 Fitness Studios and Gyms
12.10.2 Training and Sports Centers
12.10.3 Schools and Universities
12.10.4 Others
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 Leather Punching Bag
13.6.2 Vinyl Punching Bag
13.6.3 Canvas Punching Bag
13.6.4 Other
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 Fitness Studios and Gyms
13.10.2 Training and Sports Centers
13.10.3 Schools and Universities
13.10.4 Others
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 Speed Punching Bag Market: Competitive Dashboard
14.2 Global Speed Punching Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Everlast
14.3.2 Century Martial Arts
14.3.3 Ringside
14.3.4 Maxxmma
14.3.5 Outslayer
14.3.6 Cleto Reyes
14.3.7 RDX Sports
14.3.8 Title Boxing
14.3.9 AQUA TRAINING BAG
14.3.10 Pro Boxing Equipment
14.3.11 Nazo Boxing
