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Global Boxing Gloves Market Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

04-10-2018 03:06 PM CET | Sports

Press release from: Fact.MR

Fact.MR

Fact.MR

Fact.MR has been actively involved in offering comprehensive research data concerning various topics which are associated to industrial reference and investor utility. This particular research report titled “Boxing Gloves Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been added to the wide online database of FACT.MR which discusses the present as well as future market scenario. Readers can access knowledge related to market volume, regional expanse as well as competitive landscape prevailing in the globalboxing gloves market. In order to study development patterns, this smart assessment also focuses on market dynamics, which talks about drivers, restraints and opportunities estimated to influence the concerned market during the period until 2026.

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A new report by Fact.MR estimates the global boxing gloves market to exhibit a moderate CAGR through 2022. The global market for boxing gloves is expected to reach roughly US$ 150 Mn in revenues by 2022-end.

One of the latest trends that is gaining higher traction in the global boxing gloves market is rising prevalence of women’s boxing. Seeking favor among various tournaments, women’s boxing has witnessed a wide acceptance among broadcasters. Five categories are being allotted to women’s boxing at Tokyo 2020 Olympic Games. Leading players in the market are now focusing on product innovation, including lightweight yet strong headgear and high-quality gloves for women, in a bid to expand their presence in the market. Vendors of boxing gloves are also concentrating on expanding their businesses across new as well as untapped markets across the globe. These factors might influence growth of the market in the upcoming years.

APEJ to Remain Largest Market for Boxing Gloves

Asia-Pacific excluding Japan (APEJ) is estimated to remain the largest market for boxing gloves. In 2017, the market in Europe will account for over one-fourth revenue share of the market, and is poised to lose 22 BPS in its market share between 2017 and 2022. Japan and North America will continue to be the fastest expanding markets for boxing gloves, with North America accounting for a relative higher market share than Japan, in terms of revenues.

Boxing gloves will remain preferred among glove types in the market, with revenues estimated to account for more than half share of the market over the forecast period. Revenues from sales of boxing gloves will reach approximately US$ 90 Mn by 2022-end. Demand for bag gloves, on the other hand, will remain comparatively lower than demand for boxing gloves in the market.

Third party online channel is anticipated to emerge as the fastest expanding sales channel for boxing gloves, followed by direct to customer brand outlet. Although modern trade channels are projected to register a low CAGR in the market, this sales channel segment will remain dominant in the global boxing gloves market throughout the forecast period. Franchise sports outlet are expected to be the second most lucrative sales channel for boxing gloves during 2017 to 2022.

Revenues from purchases of boxing gloves by individuals will account for the largest share of the market, based on buyer type. In addition, revenues from sales of boxing gloves in institutions and for promotion purposes will collectively account for nearly US$ 65 Mn by 2022-end.

Competition Tracking

Fact.MR’s report identified key players in the global boxing gloves market, which include Everlast Worldwide, Inc., Reebok International Ltd., Adidas AG, Title Boxing Llc, Fairtex, Twins Special Co. Ltd., and Sports Direct International plc.

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Table of Content

1. Global Boxing Gloves Market - Executive Summary

2. Global Boxing Gloves Market Overview
2.1. Introduction
2.1.1. Global Boxing Gloves Market Taxonomy
2.1.2. Global Boxing Gloves Market Definition
2.2. Global Boxing Gloves Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Boxing Gloves Market Y-o-Y Growth
2.3. Global Boxing Gloves Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Cost Structure Analysis
2.5. Pricing Analysis
2.6. Trade Outlook
2.7. Value Chain Assessment and Profitability Margins
2.8. Raw Material Sourcing Strategy and Analysis
2.9. List of Distributors

3. Global Boxing Gloves Market Analysis and Forecast By Glove Type
3.1. Global Boxing Gloves Market Size and Forecast By Glove Type, 2012-2022
3.1.1. Bag Gloves Boxing Gloves Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Boxing Gloves Boxing Gloves Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continue…@@

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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