According to the report published by Allied Market Research, the global boxing gloves market generated $902.8 million in 2021, and is estimated to reach $1.4billion by 2031, witnessing a CAGR of 4.6% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscape, and competitive scenario. The report is a helpful source of information for leading market players, new entrants, investors, and stakeholders in devising strategies for the future and taking steps to strengthen their position in the market.
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The report offers a detailed segmentation of the global boxing gloves market based onsize, type, buyer, material, and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.
Based on size, the12 to 18 oz segment was the largest in 2021, accounting for more than three-fifths of the global boxing gloves market share, and would rule the roost through 2031. However, the 4 to 10 oz segment is estimated to witness the fastest CAGR of 5.0% during the forecast period.
Based on type, the training gloves segment was the largest in 2021, capturing more than half of the global boxing gloves market, and would lead the trail through 2031. However, the others segment is estimated to witness the fastest CAGR of 5.8% during the forecast period.
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Based on buyer, the institutional segment captured the largest market share of more than three-fifths of the global boxing gloves market in 2021, and is expected to lead the trail during the forecast period. The individual segment, however, is likely to achieve the fastest CAGR of 4.9% through 2031.
In terms of material, the PU leather segment captured the largest market share of more than three-fifths of the global boxing gloves market in 2021 and is likely to maintain a noteworthy growth during the forecast period. However, the others segment is likely to achieve the fastest CAGR of 7.4% through 2031.
Based on region, the market in North America was the largest in 2021, accounting for nearly two-fifths of the global boxing gloves market share, and is likely to maintain its leadership status during the forecast period. Moreover, the market in the Asia-Pacific region is expected to manifest the highest CAGR of 5.7% from 2022 to 2031. The other regions analyzed in the study include Europe and LAMEA.
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Leading players of the global boxing gloves market analyzed in the research include Bytomic Martial Arts
Century Martial Arts
Combat Sports, Inc.
Everlast Worldwide, Inc.
Fairtex Equipment Co. Ltd
Hayabusa Fightwear, Inc.
Prolast Corporation
Revgear
RDX Sports
Sanabul
Title Boxing, LLC
Twins Special
Yokkao
Rival Boxing
Reebok International Ltd.
Adidas AG
SportsDirect International Plc.
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