FACTS AT A GLANCE
Edition: 6; Released: April 2021
Executive Pool: 453
Companies: 46 – Players covered include Adidas AG; Century LLC; Everlast Worldwide, Inc.; Hayabusa Fightwear Inc.; Twins Special, Inc. and Others.
Coverage: All major geographies and key segments
Segments: Product (Gloves, Ankle/Knee/Elbow Guard, Punching Bags, Hand Wraps, Shin Guard, Mouth Guard, Head Gear, Boxing Pads)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Kick Boxing Equipment Market to Reach $212.5 Million by 2026
Amid the COVID-19 crisis, the global market for Kick Boxing Equipment estimated at US$174.5 Million in the year 2020, is projected to reach a revised size of US$212.5 Million by 2026, growing at a CAGR of 3.3% over the analysis period. Gloves, one of the segments analyzed in the report, is projected to record a 2.8% CAGR and reach US$49.5 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ankle/Knee/Elbow Guard segment is readjusted to a revised 3.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $48.3 Million in 2021, While China is Forecast to Reach $40.5 Million by 2026
The Kick Boxing Equipment market in the U.S. is estimated at US$48.3 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$40.5 Million by the year 2026 trailing a CAGR of 5.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 2.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.
Punching Bags Segment to Reach US$31.3 Million by the year 2026
In the global Punching Bags segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$18.5 Million in the year 2020 will reach a projected size of US$24.3 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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