The global kickboxing equipment market size reached US$ 319.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 557.0 Million by 2028, exhibiting a growth rate (CAGR) of 9.58% during 2023-2028. The rising participation in recreational activities, numerous initiatives undertaken by governing agencies, and the easy availability through online stores represent some of the key factors driving the market.
Kickboxing refers to a combat sport that helps in lowering the prevalence of chronic ailments like cardiovascular diseases. It is played using various equipment designed to protect the boxers from injuries and defend against kicks, punches, and knee and elbow strikes. Kickboxing equipment is commonly available in a wide range of materials, sizes, colors, and designs across the globe. It mainly comprises a mouthpiece, gloves, headgear, shin and foot guards, hand wraps, and pads for kicking, sparring, and punching. Amongst these, kickboxing gloves aids in protecting the player from injuries during the fight as they are cushioned and padded to soften blows from punches and makes it easier to land a punch without hurting the hand.
Kickboxing Equipment Market Trends:
At present, the increasing awareness among individuals about the benefits of kickboxing, including improved strength, body composition, flexibility, endurance, and respiration fitness, represents one of the major factors driving the demand for kickboxing equipment around the world. Moreover, the rising participation in recreational activities and fitness and athletic sports like kickboxing is currently favoring the market growth. In addition, the expanding number of kickboxing clubs, associations, and institutions is catalyzing the demand for kickboxing equipment. Apart from this, several initiatives are being undertaken by the government of numerous countries for mandating the use of protective gear to ensure the safety and comfort of players in the ring. They are also focusing on introducing different tournaments and leagues to encourage the participation of individuals in different sports. This, coupled with measures taken for conducting kickboxing programs for children in schools, is impelling the market growth. Furthermore, key players are financing digital marketing strategies and advertising campaigns, such as celebrity and influencer endorsements, to improve their existing sales and profitability and expand their consumer base. Besides this, the expanding number of hypermarkets, supermarkets, specialty stores, and e-commerce retail channels that provide easy product accessibility, doorstep delivery, and multiple payment methods is offering lucrative growth opportunities to key players operating in the industry. Additionally, significant improvements in sports infrastructure are anticipated to provide a favorable outlook to the market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global kickboxing equipment market, along with forecasts at the global, regional, and country level from 2023-2028. Our report has categorized the market based on product type, distribution channel, and application.
Product Type Insights:
- Pads and Shields
- Hand Wraps
- Shin Guards
- Head Guards
- Foot Guards
The report has provided a detailed breakup and analysis of the kickboxing equipment market based on the product type. This includes pads and shields, gloves, hand wraps, shin guards, head guards, foot guards, and others. According to the report, gloves represented the largest segment.
Distribution Channel Insights:
A detailed breakup and analysis of the kickboxing equipment market based on the distribution channel has also been provided in the report. This includes online and offline. According to the report, offline accounted for the largest market share.
A detailed breakup and analysis of the kickboxing equipment market based on the application has also been provided in the report. This includes individual and commercial. According to the report, commercial accounted for the largest market share.
- North America
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, Asia Pacific was the largest market for kickboxing equipment. Some of the factors driving the Asia Pacific kickboxing equipment market included the increasing participation of individuals, easy availability, several measures undertaken by governments of various countries, etc.
The report has also provided a comprehensive analysis of the competitive landscape in the global kickboxing equipment market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Adidas AG, Budoland, Century Kickboxing, Everlast Worldwide Inc. (Frasers Group plc), Hayabusa Fightwear Inc., Last Round Equipment, Revgear, Ringside, SMAI, Title Boxing LLC, Wesing Sports, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Base Year of the Analysis
| Historical Period
||Product Type, Distribution Channel, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Adidas AG, Budoland, Century Kickboxing, Everlast Worldwide Inc. (Frasers Group plc), Hayabusa Fightwear Inc., Last Round Equipment, Revgear, Ringside, SMAI, Title Boxing LLC, Wesing Sports, etc.
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Key Questions Answered in This Report:
- How has the global kickboxing equipment market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global kickboxing equipment market?
- What are the key regional markets?
- Which countries represent the most attractive kickboxing equipment markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What is the competitive structure of the global kickboxing equipment market?
- Who are the key players/companies in the global kickboxing equipment market?
Key Benefits for Stakeholders:
- IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the kickboxing equipment market from 2017-2028.
- The research study provides the latest information on the market drivers, challenges, and opportunities in the global kickboxing equipment market.
- The study maps the leading as well as the fastest growing regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the kickboxing equipment industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.