Europe Kickboxing Equipment Market, By product Type (Gloves, Protective Gear, Hand Wraps, Punching Bags, Boxing Pads, Athletic Tapes, Clothing , Kettle Bell, Others) Distribution Channel (Sports Outlets, E-Commerce, Other) By Application (Individual And Commercial). Country (Germany, France, U.K., Italy, Spain, Switzerland, Netherlands, Russia, Turkey, Belgium, Rest of Europe) Industry Trends and Forecast To 2028
Market Analysis and Insights: Europe Kickboxing Equipment Market
The Europe Kickboxing equipment market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyzes that the market is growing with a CAGR of 3.7% in the forecast period of 2021 to 2028 and is expected to reach USD 48,834.22thousand by 2028.
Kickboxing is a form of martial art that involves punching, kicking, and footwork. It provides health benefits, such as reduced body fat, increased flexibility, and a strengthened heart. Kickboxing improves balance and builds body strength. Boxing involves forceful, repetitive punching, and precautions must be taken to prevent damage to bones in hand. Hand wraps are used to secure the hand bone, and the gloves are used to protect the hands from blunt injury, which allows the boxers to throw punches with more force than if they did not use them. The mouth guard helps in protecting teeth and gums from injury and cushions the jaw, resulting in a decreased chance of knockout.
Europe kickboxing market is driven as result of increasing awareness regarding the benefits of living a healthy life. Other factor contributing to the market growth is rising adoption of cardio kickboxing, In addition, emergence of new e-commerce platforms along with the increased internet penetration are further driving the market growth. On the other hand, high cost of equipment, changing preferences toward conventional techniques to exercise including yoga, aerobics, and others are restraining the market growth.
High risk of injury involved in kickboxing is expected to be a challenge for the growth of the market. However, growing participation into sports coupled with rise in personal disposable income is expected to create new growth opportunities.
The Europe kickboxing equipment market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the kickboxing equipment market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Kickboxing Equipment Market Scope and Market Size
The Europe kickboxing equipment market is segmented on the basis of product, distribution channel, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the Europe kickboxing equipment market is segmented into (gloves, protective gear, hand wraps, punching bags, boxing pads, athletic tapes, clothing, kettle bell, and others. In 2021, the gloves segment is expected to dominate the market as it is an essential part of equipment kit and has application fields other than kickboxing.
- On the basis of distribution channel, the Europe kickboxing equipment market is segmented into sports outlets, E-commerce, and other. In 2021, the outlet segment is expected to dominate the market owing to factors such as direct approach to academies, player’s promotion, and commercial sector domination above individual.
- On the basis of application, the Europe kickboxing equipment market is segmented into individual and commercial. In 2021, the commercial segment is expected to dominate the market due to increasing application in commercial sections such as gyms and coaching academies,
Europe kickboxing equipment market country level analysis
The Europe kickboxing equipment market is analyzed and market size information is provided based on country, product, distribution channel, and application as referenced above.
Countries covered in the Europe kickboxing equipment market report are Germany, Russia, U.K., Italy, Turkey, France, Spain, Belgium, Netherland, and Switzerland. Germany dominates the market due high adoption rate of kickboxing and scope of implementation.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growing Strategic Activities by Major Market Players to Enhance Awareness for Kickboxing Equipment, Boosting Growth of Europe Kickboxing Equipment Market.
The Europe kickboxing equipment market also provides you with detailed market analysis for every country growth in the particular market. Additionally, it provides the detail information regarding the market players’ strategy and their geographical presence. The data is available for historic period 2010 to 2019.
Competitive Landscape and Europe kickboxing equipment market share analysis
Europe Kickboxing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the company’s focus related to kickboxing equipment market.
Major companies operating in the in the Europe kickboxing equipment market are Everlasting Worldwide, INC., Venum, RDX Inc, Century LLC, Rival Boxing Gear USA, TWINSPECIAL, Budoland, Combat Brands, LLC, Fairtex, Fujian Weizhixing sports goods co.,ltd, Hayabusa Fightwear Inc., PAFFEN SPORT Gmbh & Co. KG , Qingdo Plus Commerce.Ltd., Revgear, SMAI USA, Stedys among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many contracts and agreements are also initiated by companies worldwide, which are further accelerating the growth of the Europe kickboxing equipment market.
For instance,
- In July 2021, Fairtex announced a partnership with Cage Warriors. Under this partnership, Fairtex will be suppling gloves and equipment to the organization. This will help the company attract more customers.
- In April 2020, Fairtex collaborated with Urface to produce a unique, limited edition run of gloves and shorts. This helped the company strengthen its products portfolio.
- In July 2020, Venum and UFC became exclusive outfitting partner. The company became UFC’s new exclusive global outfitting and apparel partner. This will help the company grow internationally.
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