BOXING EQUIPMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Boxing Equipment Market, By Product Type (Gloves, Protective Gear, Training Equipment, Boxing Accessories, Others ), By Distribution Channel (Online, Offline, Specialty Stores, Departmental Stores, Supermarkets/Hypermarkets), By End User (Individual, Institutional, Promotional), By Material Type (Leather, Synthetic Leather, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Boxing Equipment Market Regional Insights

North America is expected to be the largest market for boxing equipment during the forecast period, accounting for over 40% of the market share in 2023. The growth of the market in North America is attributed to rising participation in boxing for fitness and the presence of major sporting leagues.
The Europe market is expected to be the second-largest market for boxing equipment, accounting for over 30% of the market share in 2023. The growth of the market in Europe is attributed to increasing consumer spending on sports gear and protective equipment.
The Asia Pacific market is expected to be the fastest-growing market for boxing equipment, with a CAGR of over 12% during the forecast period. The growth of the market in Asia Pacific is attributed to rising disposable incomes and the higher adoption of western sports in the region.

Figure 1. Global Boxing Equipment Market Share (%), by Region, 2023

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East