Press release
Global Mixed Martial Arts Equipment Market Highlights Recent Trends and Future Opportunities till 2022
Mixed martial arts can be said to be the fastest growing sport in several countries worldwide owing to rising popularity of fighting styles and other professional leagues, such as, the World Series of Fighting. Development of new technologies has made it possible to track the performance of the player in combat thereby identifying key development areas. New tracking technology supported with essential gear is the recent found trend in combat sports, which is used to monitor speed and reflex actions. Tracking technology is installed in equipment or gear such as gloves, punching bags, hand wraps etc.Moreover, people are choosing mixed martial arts as career and for recreation purposes or for self-defense. This has prompted the growth of the global mixed martial arts equipment market. Technological developments have given birth to robust equipment with which a combat player can be trained well, enhancing combat skills and abilities. Also, a protection aspect comes in the picture when mixed martial arts equipment is concerned. Other factors which have fuelled the growth of the mixed martial arts equipment market are rising popularity of the sport, increasing number of MMA (Mixed Martial Arts) tournaments and inclusion of MMA in several fitness programs. North America region shows higher attractiveness for this market.
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MMA or mixed martial arts is a combat sport which involves both striking and grappling, using techniques from martial arts and other combat sports. The sport has rivaled professional wrestling and boxing and has witnessed an increased popularity with a pay per view business model. Various styles have been developed across regions with their uniqueness. Various MMA equipment such as mouthpiece, gloves, hand wraps, head gear, shin guards, etc., are used during combat.
Global mixed martial arts equipment market is driven by various aspects which govern the growth of the market across various regions. This combat sport has been witnessing growing business worldwide. The mixed martial arts equipment market is driven by factors such as growth in MMA tournaments, growing MMA popularity, increasing usage of MMA equipment in fitness programs and rise in technological developments implied in MMA equipment enhancing the function of safety and performance at the same time. North America has been found more attractive for the growth of the mixed martial arts equipment. The report, compiled by Fact.MR, provides in-depth analysis of the global mixed martial arts equipment market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of FactMR’s report is to analyze the global mixed martial arts equipment market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Mixed martial arts equipment manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.
Independent Sports Outlet to Show Dominance
Independent sports outlet segment by sales channel is expected to show higher growth rate during the forecast period and a higher market share thereby dominating the global mixed martial arts equipment market by sales channel category. The segment is poised to grow at a CAGR of 4.9% throughout the forecast period and is also expected to gain a high BPS by the end of 2022. Following independent sports outlet segment, is the franchised sports outlet segment which is second as far as growth rate is concerned. The modern trade channels segment and third party online channel segment show are expected to show same growth rate throughout the period of forecast of 2017 to 2022.
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Individual Segment to Grow Fast
Individual segment by buyer type is poised to grow at a higher CAGR of 4.8% during the forecast period and also reflects a higher market share as of 2017. This trend is poised to continue or even grow by the end of 2022; thus it can be inferred that this segment is expected to dominate the global market by buyer type throughout the period of forecast. This segment is also anticipated to reflect a higher gain in BPS by the end of 2022.
Competition Tracking
The report also profiles companies that are expected to remain active in the expansion of the global mixed martial arts equipment market through 2022, which include Adidas AG, Century LLC, Everlast Worldwide, Inc., Hayabusa Fightwear Inc., Combat Sports Inc., Twins Special Co. LTD., Fairtex, King Professional, Title Boxing, LLC and Ringside, Inc.
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About FactMR
FactMR 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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