Global Kickboxing Equipment Market By Product (Gloves, Guards, Punching Bags, Hand Wraps, Head Gear, Boxing Pads, Others), Sales Channel (Specialty Sports Outlets, Online Retail, Others), End-User (Individual, Commercial, Promotional), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Kickboxing Equipment Market
Global Kickboxing Equipment Market is expected to rise with a healthy CAGR in the forecast period of 2019-2026. This report contains data from the base year of 2018, and the historic year of 2017. This rise in market value can be attributed to growth in adoption and prevalence of kickboxing worldwide.
Market Definition: Global Kickboxing Equipment Market
Kickboxing equipment can be defined as those products and equipment that are used for protection of users and enhancing the skill levels of individuals undergoing kickboxing training/practice or participating in a competitive match.
- Increasing number of organised competitions and tournaments related to kickboxing; this factor is expected to act as a driver for the market growth
- With the growing demand and usage of kickboxing, users undergo a transformation which helps in enhancement of their bodies and health
- Isolation and lack of penetration regarding kickboxing is one of the major factors restraining the market growth
Segmentation: Global Kickboxing Equipment Market
- By Product
- Punching Bags
- Hand Wraps
- Head Gear
- Boxing Pads
- By Sales Channel
- Specialty Sports Outlets
- Independent Sports Outlets
- Franchised Sports Outlets
- Online Retail
- Specialty Sports Outlets
- By End-User
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
- North America
Key Developments in the Market:
- In August 2017, EVERLAST WORLDWIDE, INC. announced the launch of “PIVT”, a new boxing shoe in partnership with Michelin. The product created with the utmost care and modern technology making it durable and significantly lightweight.
- In January 2016, RDX Inc. announced that they had partnered with Warner Bros. for the launch of two promotional competitions for the promotion of the movie “Creed” and the promotion of RDX’s sports equipment.
Global kickboxing equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of kickboxing equipment market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
adidas AG; Century LLC; EVERLAST WORLDWIDE, INC.; TWINS SPECIAL; RDX Inc.; Combat Sports International; Revgear; Ringside, Inc.; VENUM STORE; Windy Fightgear; are few of the major competitors currently working in the kickboxing equipment market.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure