July 25th, 2022
What is Boxing Gloves Industry Insights?
Boxing gloves, or, cushioned gloves, are worn by fighters on their hands at the time of boxing practices and matches. Boxing gloves are designed in a way to protect a fighter’s hands during a bout. Although these gloves reduce the superficial facial injuries, users are enabled to lay stronger punches to head, thereby increasing risk of brain damage of the opponent. Number of boxing tournaments worldwide has surged significantly over the past few years, leading towards an increased participation in this sport. This has further resulted into a rise in number of training clubs. Currently, boxing is gaining immense popularity as a sport, with the AIBA International Boxing Association seeking propulsion in events of women’s boxing in the Olympic program that is to be held at Tokyo in 2020. The market has also been witnessing registration of several new boxing tournaments.
The Boxing Gloves market will change significantly from the previous year. Over the next six years, will register a CAGR in terms of revenue, and the global market size will reach USD in millions by 2028.
Boxing gloves are a padded glove that is especially designed for playing boxing matches and training purpose, boxing gloves helps to protect fighters’ hand of boxers from injuries while fighting. There are two different types of boxing gloves available that is suitable for different boxing training such as sand bag gloves and high-quality boxing gloves, sand bag gloves that are suitable for punching bags trainings in boxing gym. High boxing gloves are used by professional players as it helps to protect figure and thumbs, it is used as defender helps avoid facial and brain injuries to boxers. Boxing gloves market has shown a significant growth in last few years as popularity of boxing sports is rapidly rising among people.
Segmentation Of Boxing gloves Market:
In market segmentation by Type, Boxing gloves Market report covers:
PU leather, Genuine Leather, Microfiber leather
In market segmentation by Application, Boxing gloves Market report covers:
Amateur (playing sandbag/boxing training etc), Business competition
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
Read More About The Boxing gloves Market:
Company Information: List by Country Top Manufacturers/ Key Players In Boxing gloves Market Insights Report Are:
· Top king
Key Benefits for Industry Participants & Stakeholders:
· Industry drivers, restraints, and opportunities covered in the study
· Neutral perspective on the market performance
· Recent industry trends and developments
· Competitive landscape & strategies of key players
· Potential & niche segments and regions exhibiting promising growth covered
· Historical, current, and projected market size, in terms of value
· In-depth analysis of the Human Identification Analysis Software Market
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COVID-19 Impact Analysis-
· During COVID-19, globally many industries were suffering from great economic crises; spread of COVID-19 virus has led to great damaging effect on global boxing gloves market.
· To control spread of corona virus diseases, nation-wide lockdown was imposed by government resulted in huge disruption in supply chain of raw material and looming of production cycle of boxing gloves market. Restraints were imposed by government on sports equipment and mega sports stores, brand store and specialty store that led to great hampering in demand of boxing gloves market.
· Restraints were imposed by government on Boxing clubs and training centers that lead to great decline in demand of boxing gloves market, as they are major user of boxing gloves.
· E-commerce has played vital role in uplifting supply chain of boxing gloves as it helps to cover wider range and cater demands of customer. Customers are also started shifting to online shopping method and hesitating and avoiding to going for instore purchases to control spread of corona virus diseases.
Boxing gloves Market Report contains market data from 2022 to 2028, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2022to 2028. Detailed sales channels are also covered in the study.
· A complete analysis of the market, including the parent industry
· Important market dynamics and trends
· Market segmentation
· Historical, current, and projected size of the market based on value and volume
· Market shares and strategies of key players
· Recommendations to companies for strengthening their foothold in the market
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