Boxing Equipment Market to Generate $ 64 Million Revenue During 2020-2024 | Development Programs to Increase Participation to Foster Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the boxing equipment market and it is poised to grow by USD 64.32 million during 2020-2024, progressing at a CAGR of over 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the boxing equipment market. The market growth in 2020 is likely to decrease compared to the market growth in 2019.

Frequently Asked Questions:

• Based on segmentation by product, which is the leading segment in the market?
  The gloves segment led the market in 2019.
• What are the major trends in the market?
  The increasing prominence of private-label brands is the major trend in the market.
• At what rate is the market projected to grow?
  The market is projected to grow at a CAGR of over 1% during 2020-2024.
• Who are the top players in the market?
  Century LLC, Everlast Worldwide Inc., Hayabusa Fightwear Inc., Industria Reyes SA de CV, Kozuji, Lonsdale, PRO BOXING EQUIPMENT, Sanabul, TS Gear, and Venum are the top players in the market.
• What are the key market drivers and challenges?
  The market is driven by development programs to increase participation. However, the lack of required infrastructure might challenge growth.
• How big is the North American market?
  North America dominated the market with a 33% share in 2019.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Century LLC, Everlast Worldwide Inc., Hayabusa Fightwear Inc., Industria Reyes SA de CV, Kozuji, Lonsdale, PRO BOXING EQUIPMENT, Sanabul, TS Gear, and Venum are some of the major market participants. Although the development programs to increase participation will offer immense growth opportunities, the lack of required infrastructure is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this boxing equipment market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Boxing Equipment Market 2020-2024: Segmentation

Boxing Equipment Market is segmented as below:

• Product
  • Gloves
  • Protective Gear
  • Training Equipment
• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR45867

Boxing Equipment Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The boxing equipment market report covers the following areas:

• Boxing Equipment Market Size
• Boxing Equipment Market Trends
• Boxing Equipment Market Industry Analysis

This study identifies the increasing prominence of private-label brands as one of the prime reasons driving the Boxing Equipment Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Boxing Equipment Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist boxing equipment market growth during the next five years
• Estimation of the boxing equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the boxing equipment market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of boxing equipment market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Gloves - Market size and forecast 2019-2024
• Protective gear - Market size and forecast 2019-2024
• Training equipment - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Impact of COVID-19 pandemic on the market
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Century LLC
• Everlast Worldwide Inc.
• Hayabusa Fightwear Inc.
• Industria Reyes SA de CV
• Kozuji
• Lonsdale
• PRO BOXING EQUIPMENT
• Sanabul
• TS Gear
• Venum

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

   

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