Press release
Boxing Gloves Market Trends and Forecast 2024
Boxing Gloves Market Trends
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12510&type=smp
According to The Business Research Company's, The boxing gloves market size has grown strongly in recent years. It will grow from $1.32 billion in 2023 to $1.42 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to rise of professional boxing and combat sports, evolution of boxing regulations and safety standards, growth of boxing as a fitness activity, expansion of international sporting events, influence of popular boxing personalities.
The boxing gloves market size is expected to see strong growth in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to increase in sports participation and fitness consciousness, growing popularity of mixed martial arts (mma), expansion of online and e-commerce channels, adoption of personalized and customizable gloves, emphasis on safety features and injury prevention. Major trends in the forecast period include technological advancements in glove materials, integration of smart technologies in boxing gloves, focus on sustainable and eco-friendly glove materials, innovation in glove design for enhanced performance, integration of augmented reality (ar) in marketing.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/boxing-gloves-global-market-report
Market Drivers and Trends:
The growing popularity of combat sports is expected to propel the growth of the boxing gloves market going forward. Combat sports refer to those in which competitors intentionally make complete contact with an opponent to score points, force an opponent to submit, or render an opponent helpless during a competition, match, or exhibition. Boxing gloves are used in combat sports, traditionally in boxing and kickboxing, to protect the boxer's hand from harm. The demand for boxing gloves has been dramatically enhanced by the popularity of various combat sports, resulting in market expansion. For instance, in December 2022, according to England Boxing, a UK-based national governing body of sport for boxing, during the academic year 2021-2022, around 227,600 youngsters in grades 7-11 participated in boxing at least once a week. Compared to the academic year 2020-21, this number is up 0.2%. Further, after the 2021-22 season, there were 995 club members and 25,315 individual members, respectively. With over six months of the 2022-23 season remaining, it seems likely that these statistics will be surpassed this year, as there are currently 988 club members and 21,139 individual members. Therefore, the growing popularity of combat sports drives the growth of the boxing gloves market.
Product innovations are a key trend gaining popularity in the boxing gloves market. Major companies operating in the boxing gloves market are focused on introducing innovative products and solutions to sustain their position in the market. For instance, in April 2023, Hayabusa Fightwear Inc., a Canada-based sporting goods provider, launched Hayabusa T3D, the world's first 3D-printed boxing gloves with thousands of force-dampening struts. The new T3D gloves use a mesh network of geometric cells designed to channel and absorb energy upon impact while keeping your hands comfy. This 3D lattice has thousands of force-dampening struts that have been shown to outperform and outlast conventional foam construction.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Nike Inc, Adidas AG, VF Corporation, Puma S, Columbia Sportswear Company, Reebok International Limited, Everlast Worldwide Inc., RDX Inc. Limited, Prolast Corporation, Amelia Impex, Ringside Inc., Revgear, Rival Boxing Gear, Title Boxing LLC, Renco Corporation, Twins Special Co. Ltd., Fairtex Equipment Co. Ltd., Bytomic Martial Arts, S.N Pride Sports, Ring To Cage Fight Gear, Century LLC, Combat Sports Inc., Hangzhou Amir Sports Good Co. Ltd., Pulse Sports LLC, Winmore China Enterprise Co. Ltd., Thomas Bilt, Wahid Leather & Fitness.
Boxing Gloves Market 2024 Key Insights:
• The boxing gloves market size is expected to see strong growth in the next few years. It will grow to $1.81 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
• Combat Sports Surge Is The Driving Force Behind The Growing Demand For Boxing Gloves
• Introduces Groundbreaking 3D-Printed Boxing Gloves With Force-Dampening Struts
• North America was the largest region in the boxing gloves market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=12510&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Boxing Gloves Market Trends and Forecast 2024 here
News-ID: 3766538 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Boxing
Codegres.com Launches "Shuruka Boxing" - A First-Person Fighter Boxing Game, Now …
Bangalore, India - 2nd Jun, 2025 - Codegres.com [http://codegres.com], a premier web and app development agency based in Bangalore, India, proudly announces the launch of its first original game title: Shuruka Boxing. This action-packed first-person boxing game is now available exclusively for PC on Steam.
Shuruka Boxing marks Codegres.com's dynamic entry into the gaming industry, bringing their technical excellence and design creativity to a new frontier. Designed for players who crave…
Evolving Market Trends In The Boxing Gear Industry: Revolutionizing Boxing Gear …
The Boxing Gear Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Boxing Gear Market Size During the Forecast Period?
The boxing gear market has expanded steadily, expected to rise from $1.65 billion in 2024 to $1.77 billion in 2025 at a CAGR…
Boxing Gear Market Hits New High | Major Giants Everlast, Ringside, Venum, Title …
HTF MI just released the Global Boxing Gear Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.
Major companies profiled in Boxing Gear Market are: Everlast, Ringside, Venum,…
Key Trend Reshaping the Boxing Gear Market in 2025: Revolutionizing Boxing Gear …
What combination of drivers is leading to accelerated growth in the boxing gear market?
Similarly, the increase in participation in combat sports, including boxing, is fostering demand for boxing gear. As more individuals, especially younger demographics, engage in these sports, the need for protective equipment to ensure safety and enhance performance grows. With combat sports gaining popularity, there's also a rise in media coverage and celebrity endorsements, further contributing to this…
Boxing Gloves Market to Witness Huge Growth | Everlast, Fairtex, Topking, TITLE …
HTF MI released a new market study on Global Boxing Gloves Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates…
Boxing Gloves Market Size 2017 - Everlast, Fairtex, Topking, TITLE Boxing, INDUS …
Boxing Gloves Market Research Report
A market study ” Global Boxing Gloves Market ” examines the performance of the Boxing Gloves market Size 2017. It encloses an in-depth Research of the Boxing Gloves market state and the competitive landscape globally. This report analyzes the potential of Boxing Gloves market in the present and the future prospects from various angles in detail.
The Global Boxing Gloves Market 2017 report includes Boxing Gloves…
