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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 determine the sub-segments to be tapped on to achieve growth in the coming years.<br><br>Know More- https://www.alliedmarketresearch.com/boxing-gloves-market-A15207
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GET PDF Boxing Gloves Market GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST 2022-2031 KNOW MORE
Market Overview • The boxing gloves market size was valued at $902.80 million in 2021, and is estimated to reach $1.4 billion by 2031, growing at a CAGR of 4.6% from 2022 to 2031. • The popularity of boxing has witnessed a significant growth through the various social media platforms such as YouTube and Tik-Tok. Do Inquiry before buying : Click Here
Key Takeaways of Boxing Gloves Market • The global boxing gloves market size was valued at $902.8 million in 2021, and is estimated to reach $1,400.0 million by 2031, registering a CAGR of 4.6% from 2022 to 2031. • By type, the bag gloves segment is estimated to witness the significant growth, registering a CAGR of 4.8% during the forecast period. • In 2021, depending on material, the PU leather segment was valued at $570.9 million, accounting for 63.2% of the global boxing gloves market share. • In 2021, the U.S. was the most prominent market in North America, and is projected to reach $450.5 million by 2031, growing at a CAGR of 3.9% during the forecast period.
Key Benefits For Stakeholders • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the boxing gloves market size analysis from 2021 to 2031 to identify the prevailing boxing gloves market opportunities. • The market research is offered along with information related to key drivers, restraints, and opportunities. • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network. • In-depth analysis of the boxing gloves market segmentation assists to determine the prevailing market opportunities. • Major countries in each region are mapped according to their revenue contribution to the global boxing gloves industry. • Boxing gloves market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
GEOGRAPHICAL OVERVIEW • Region wise, Asia-Pacific is expected to be the fastest-growing market during the forecast period. • The major factors driving the growth of the Asia-Pacific boxing gloves industry are the increasing popularity of combat sports such as boxing, kickboxing, and Muay Thai, and the growing demand for boxing gloves from the professional boxing industry. Moreover, boxing is gaining popularity as a form of fitness and self-defense training, especially among women.
LEADING MARKET PLAYERS • 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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