Boxing gloves Market Overview

The Global Boxing Gloves market was valued at USD 164.61 million in 2021 and is expected to reach USD 180.56 million by the year 2028, at a CAGR of 1.33%

Boxing Gloves are the accessories that are worn by the boxers on their hands at the time of boxing or boxing practice. They are meant to protect the hands of the boxer during the match or practice. They are made up of leather and cushion so they give a comfort while being sturdy. Additionally, they protect the boxers from any facial injuries and they provide mobility enough that the boxer can land stronger punches increasing the risk of damage to the opponent.

According to the analyst, the major driving factors for the Boxing Gloves market size 2020 is expected to be USD 162.36 million due to increasing number of boxing tournaments surging significantly across the globe. Hence, the increasing number of training clubs which are raising the demand for the training accessories impacting the market size for boxing gloves. Recently, boxing is gaining immense popularity as a sport. With the decision of AIBA international boxing association that women boxing event would be held in the Olympics. That surged the demand for the boxing gloves market.

By the end of 2027, the Boxing Gloves market size is estimated to be at USD 178.06 million due to the increased penetration of the internet through social media platforms and the increasing demand form the online distribution channel is increasing the growth of the market. The increased endorsements and the popularity for the international boxing league has surged the market. The gaining popularity for the women’s boxing league is being promoted heavily in the sports industry motivating the women to participate impacting the market positively.

The Boxing Gloves market is segmented by Glove Type (Bag Gloves and Boxing Gloves), by Distribution Channel (Independent Sports Outlet, Franchised Sports Outlet, Online Stores, Institutional Stores and Modern Trade Channels), by Application (Amateur Boxer and Professional Boxer). The market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.

Impact of COVID-19 on Boxing gloves Market

Amidst the lockdown, due to the pandemic the Olympics that were going to be held in 2020 in Tokyo got cancelled which impacted the market negatively. During the pandemic, training institutes had to shut down and be on a lockdown which decreased the sales of the boxing gloves. All the public events and the boxing training and leagues were on hold due to the corona virus which disrupted the market. Boxing gloves market for boxing gloves with the on-going relaxations in the lockdown is expected to be steady and grow at a moderate pace in the forecast period.

Market Segmentation

Distribution Channel Insights:

By Distribution Channel, Boxing gloves market is segmented into Independent Sports Outlet, Franchised Sports Outlet, Online Stores, Institutional Stores and Modern Trade Channels. In this segment, Online Store segment is accounted for the largest segment with Boxing gloves market share of 35.12% and estimated to have a market size of USD 62.16 million in the year 2026 with the CAGR of 1.41%. Due to the increase in the e-commerce industry, the manufacturers are focusing more on the online stores as they are more commercialized and the penetration of social media and internet is increasing.

Regional Insights:

By region, Boxing gloves market is segmented into North-America, Latin America, Asia-Pacific, Europe and MEA. In this segment, North-America segment is accounted for the largest segment with the market share of 31.02% and estimated to have a market size of USD 54.48 million in the year 2026 with the CAGR of 1.33%. Boxing gloves market in North-America is slowly down-falling due to the shortage and curtailed supply of the Boxing Gloves as the majority of the countries witnessed lockdown during the pandemic.

Salient Features of the Boxing Gloves Market

The approximate expected value for the Boxing Gloves was USD 160.32 million in 2019, and it is expected to reach USD 175.66 million by 2026.

• Celebrity endorsement and increasing interest in the sports activity has propelled the growth of the boxing gloves market.
• Women getting influenced by the changing modern lifestyle and the rising interest in learning self-defences is also impacting the market positively in developed and developing countries.
• Increasing demand for the cushioned and leather bag gloves is trending and the market is expected to witness significant growth in the forecast period.
• Increasing demand of Boxing Gloves from the Middle Eastern countries like Egypt, Saudi Arabia and Israel is expected to increase Boxing gloves market in the forecast period.

Players Covered in Boxing Gloves Market are:

• Adidas
• Everlast
• Venum
• Top king
• Faiex
• Zooboo
• Kangrui
• Twins
• Maizo
• Brucelee

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Boxing gloves Market by Type
 4.1 Boxing gloves Market Overview Snapshot and Growth Engine
 4.2 Boxing gloves Market Overview
 4.3 PU leather
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 PU leather: Grographic Segmentation
 4.4 Genuine Leather
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Genuine Leather: Grographic Segmentation
 4.5 Microfiber leather
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2016-2028F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Microfiber leather: Grographic Segmentation

Chapter 5: Boxing gloves Market by Application
 5.1 Boxing gloves Market Overview Snapshot and Growth Engine
 5.2 Boxing gloves Market Overview
 5.3 Amateur (playing sandbag/boxing training etc)
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Amateur (playing sandbag/boxing training etc): Grographic Segmentation
 5.4 Business competition
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Business competition: Grographic Segmentation

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Positioning
  6.1.2 Boxing gloves Sales and Market Share By Players
  6.1.3 Industry BCG Matrix
  6.1.4 Ansoff Matrix
  6.1.5 Boxing gloves Industry Concentration Ratio (CR5 and HHI)
  6.1.6 Top 5 Boxing gloves Players Market Share
  6.1.7 Mergers and Acquisitions
  6.1.8 Business Strategies By Top Players
 6.2 CELEBRITY ENDORSEMENT AND INCREASING INTEREST IN THE SPORTS ACTIVITY HAS PROPELLED THE GROWTH OF THE BOXING GLOVES MARKET.
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Operating Business Segments
  6.2.5 Product Portfolio
  6.2.6 Business Performance
  6.2.7 Key Strategic Moves and Recent Developments
  6.2.8 SWOT Analysis
 6.3 WOMEN GETTING INFLUENCED BY THE CHANGING MODERN LIFESTYLE AND THE RISING INTEREST IN LEARNING SELF-DEFENCES IS ALSO IMPACTING THE MARKET POSITIVELY IN DEVELOPED AND DEVELOPING COUNTRIES.
 6.4 INCREASING DEMAND FOR THE CUSHIONED AND LEATHER BAG GLOVES IS TRENDING AND THE MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE FORECAST PERIOD.
 6.5 INCREASING DEMAND OF BOXING GLOVES FROM THE MIDDLE EASTERN COUNTRIES LIKE EGYPT
 6.6 SAUDI ARABIA AND ISRAEL IS EXPECTED TO INCREASE BOXING GLOVES MARKET IN THE FORECAST PERIOD.

Chapter 7: Global Boxing gloves Market Analysis, Insights and Forecast, 2016-2028
 7.1 Market Overview
 7.2 Historic and Forecasted Market Size By Type
  7.2.1 PU leather
  7.2.2 Genuine Leather
  7.2.3 Microfiber leather
 7.3 Historic and Forecasted Market Size By Application
  7.3.1 Amateur (playing sandbag/boxing training etc)
  7.3.2 Business competition

Chapter 8: North America Boxing gloves Market Analysis, Insights and Forecast, 2016-2028
 8.1 Key Market Trends, Growth Factors and Opportunities
 8.2 Impact of Covid-19
 8.3 Key Players
 8.4 Key Market Trends, Growth Factors and Opportunities
 8.4 Historic and Forecasted Market Size By Type
  8.4.1 PU leather
  8.4.2 Genuine Leather
  8.4.3 Microfiber leather
 8.5 Historic and Forecasted Market Size By Application
  8.5.1 Amateur (playing sandbag/boxing training etc)
  8.5.2 Business competition
 8.6 Historic and Forecast Market Size by Country
  8.6.1 U.S.
  8.6.2 Canada
  8.6.3 Mexico

Chapter 9: Europe Boxing gloves Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 PU leather
  9.4.2 Genuine Leather
  9.4.3 Microfiber leather
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Amateur (playing sandbag/boxing training etc)
  9.5.2 Business competition
 9.6 Historic and Forecast Market Size by Country
  9.6.1 Germany
  9.6.2 U.K.
  9.6.3 France
  9.6.4 Italy
  9.6.5 Russia
  9.6.6 Spain

Chapter 10: Asia-Pacific Boxing gloves Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 PU leather
  10.4.2 Genuine Leather
  10.4.3 Microfiber leather
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Amateur (playing sandbag/boxing training etc)
  10.5.2 Business competition
 10.6 Historic and Forecast Market Size by Country
  10.6.1 China
  10.6.2 India
  10.6.3 Japan
  10.6.4 Southeast Asia

Chapter 11: South America Boxing gloves Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 PU leather
  11.4.2 Genuine Leather
  11.4.3 Microfiber leather
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Amateur (playing sandbag/boxing training etc)
  11.5.2 Business competition
 11.6 Historic and Forecast Market Size by Country
  11.6.1 Brazil
  11.6.2 Argentina

Chapter 12: Middle East & Africa Boxing gloves Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 PU leather
  12.4.2 Genuine Leather
  12.4.3 Microfiber leather
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Amateur (playing sandbag/boxing training etc)
  12.5.2 Business competition
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Saudi Arabia
  12.6.2 South Africa

Chapter 13 Investment Analysis

Chapter 14 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. BOXING GLOVES MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. BOXING GLOVES MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. BOXING GLOVES MARKET COMPETITIVE RIVALRY
TABLE 005. BOXING GLOVES MARKET THREAT OF NEW ENTRANTS
TABLE 006. BOXING GLOVES MARKET THREAT OF SUBSTITUTES
TABLE 007. BOXING GLOVES MARKET BY TYPE
TABLE 008. PU LEATHER MARKET OVERVIEW (2016-2028)
TABLE 009. GENUINE LEATHER MARKET OVERVIEW (2016-2028)
TABLE 010. MICROFIBER LEATHER MARKET OVERVIEW (2016-2028)
TABLE 011. BOXING GLOVES MARKET BY APPLICATION
TABLE 012. AMATEUR (PLAYING SANDBAG/BOXING TRAINING ETC) MARKET OVERVIEW (2016-2028)
TABLE 013. BUSINESS COMPETITION MARKET OVERVIEW (2016-2028)
TABLE 014. NORTH AMERICA BOXING GLOVES MARKET, BY TYPE (2016-2028)
TABLE 015. NORTH AMERICA BOXING GLOVES MARKET, BY APPLICATION (2016-2028)
TABLE 016. N BOXING GLOVES MARKET, BY COUNTRY (2016-2028)
TABLE 017. EUROPE BOXING GLOVES MARKET, BY TYPE (2016-2028)
TABLE 018. EUROPE BOXING GLOVES MARKET, BY APPLICATION (2016-2028)
TABLE 019. BOXING GLOVES MARKET, BY COUNTRY (2016-2028)
TABLE 020. ASIA PACIFIC BOXING GLOVES MARKET, BY TYPE (2016-2028)
TABLE 021. ASIA PACIFIC BOXING GLOVES MARKET, BY APPLICATION (2016-2028)
TABLE 022. BOXING GLOVES MARKET, BY COUNTRY (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA BOXING GLOVES MARKET, BY TYPE (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA BOXING GLOVES MARKET, BY APPLICATION (2016-2028)
TABLE 025. BOXING GLOVES MARKET, BY COUNTRY (2016-2028)
TABLE 026. SOUTH AMERICA BOXING GLOVES MARKET, BY TYPE (2016-2028)
TABLE 027. SOUTH AMERICA BOXING GLOVES MARKET, BY APPLICATION (2016-2028)
TABLE 028. BOXING GLOVES MARKET, BY COUNTRY (2016-2028)
TABLE 029. CELEBRITY ENDORSEMENT AND INCREASING INTEREST IN THE SPORTS ACTIVITY HAS PROPELLED THE GROWTH OF THE BOXING GLOVES MARKET.: SNAPSHOT
TABLE 030. CELEBRITY ENDORSEMENT AND INCREASING INTEREST IN THE SPORTS ACTIVITY HAS PROPELLED THE GROWTH OF THE BOXING GLOVES MARKET.: BUSINESS PERFORMANCE
TABLE 031. CELEBRITY ENDORSEMENT AND INCREASING INTEREST IN THE SPORTS ACTIVITY HAS PROPELLED THE GROWTH OF THE BOXING GLOVES MARKET.: PRODUCT PORTFOLIO
TABLE 032. CELEBRITY ENDORSEMENT AND INCREASING INTEREST IN THE SPORTS ACTIVITY HAS PROPELLED THE GROWTH OF THE BOXING GLOVES MARKET.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 032. WOMEN GETTING INFLUENCED BY THE CHANGING MODERN LIFESTYLE AND THE RISING INTEREST IN LEARNING SELF-DEFENCES IS ALSO IMPACTING THE MARKET POSITIVELY IN DEVELOPED AND DEVELOPING COUNTRIES.: SNAPSHOT
TABLE 033. WOMEN GETTING INFLUENCED BY THE CHANGING MODERN LIFESTYLE AND THE RISING INTEREST IN LEARNING SELF-DEFENCES IS ALSO IMPACTING THE MARKET POSITIVELY IN DEVELOPED AND DEVELOPING COUNTRIES.: BUSINESS PERFORMANCE
TABLE 034. WOMEN GETTING INFLUENCED BY THE CHANGING MODERN LIFESTYLE AND THE RISING INTEREST IN LEARNING SELF-DEFENCES IS ALSO IMPACTING THE MARKET POSITIVELY IN DEVELOPED AND DEVELOPING COUNTRIES.: PRODUCT PORTFOLIO
TABLE 035. WOMEN GETTING INFLUENCED BY THE CHANGING MODERN LIFESTYLE AND THE RISING INTEREST IN LEARNING SELF-DEFENCES IS ALSO IMPACTING THE MARKET POSITIVELY IN DEVELOPED AND DEVELOPING COUNTRIES.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 035. INCREASING DEMAND FOR THE CUSHIONED AND LEATHER BAG GLOVES IS TRENDING AND THE MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE FORECAST PERIOD.: SNAPSHOT
TABLE 036. INCREASING DEMAND FOR THE CUSHIONED AND LEATHER BAG GLOVES IS TRENDING AND THE MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE FORECAST PERIOD.: BUSINESS PERFORMANCE
TABLE 037. INCREASING DEMAND FOR THE CUSHIONED AND LEATHER BAG GLOVES IS TRENDING AND THE MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE FORECAST PERIOD.: PRODUCT PORTFOLIO
TABLE 038. INCREASING DEMAND FOR THE CUSHIONED AND LEATHER BAG GLOVES IS TRENDING AND THE MARKET IS EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE FORECAST PERIOD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 038. INCREASING DEMAND OF BOXING GLOVES FROM THE MIDDLE EASTERN COUNTRIES LIKE EGYPT: SNAPSHOT
TABLE 039. INCREASING DEMAND OF BOXING GLOVES FROM THE MIDDLE EASTERN COUNTRIES LIKE EGYPT: BUSINESS PERFORMANCE
TABLE 040. INCREASING DEMAND OF BOXING GLOVES FROM THE MIDDLE EASTERN COUNTRIES LIKE EGYPT: PRODUCT PORTFOLIO
TABLE 041. INCREASING DEMAND OF BOXING GLOVES FROM THE MIDDLE EASTERN COUNTRIES LIKE EGYPT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. SAUDI ARABIA AND ISRAEL IS EXPECTED TO INCREASE BOXING GLOVES MARKET IN THE FORECAST PERIOD.: SNAPSHOT
TABLE 042. SAUDI ARABIA AND ISRAEL IS EXPECTED TO INCREASE BOXING GLOVES MARKET IN THE FORECAST PERIOD.: BUSINESS PERFORMANCE
TABLE 043. SAUDI ARABIA AND ISRAEL IS EXPECTED TO INCREASE BOXING GLOVES MARKET IN THE FORECAST PERIOD.: PRODUCT PORTFOLIO
TABLE 044. SAUDI ARABIA AND ISRAEL IS EXPECTED TO INCREASE BOXING GLOVES MARKET IN THE FORECAST PERIOD.: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. BOXING GLOVES MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. BOXING GLOVES MARKET OVERVIEW BY TYPE
FIGURE 012. PU LEATHER MARKET OVERVIEW (2016-2028)
FIGURE 013. GENUINE LEATHER MARKET OVERVIEW (2016-2028)
FIGURE 014. MICROFIBER LEATHER MARKET OVERVIEW (2016-2028)
FIGURE 015. BOXING GLOVES MARKET OVERVIEW BY APPLICATION
FIGURE 016. AMATEUR (PLAYING SANDBAG/BOXING TRAINING ETC) MARKET OVERVIEW (2016-2028)
FIGURE 017. BUSINESS COMPETITION MARKET OVERVIEW (2016-2028)
FIGURE 018. NORTH AMERICA BOXING GLOVES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. EUROPE BOXING GLOVES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. ASIA PACIFIC BOXING GLOVES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. MIDDLE EAST & AFRICA BOXING GLOVES MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. SOUTH AMERICA BOXING GLOVES MARKET OVERVIEW BY COUNTRY (2016-2028)