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Kickboxing Equipment Market To Reach $291.9Mn By 2030

Kickboxing Equipment Market To Reach $291.9 Million By 2030

February 2025 | Report Format: Electronic (PDF)

Kickboxing Equipment Market Growth & Trends

The global kickboxing equipment market size is expected to reach USD 291.9 million by 2030, expanding at a CAGR of 3.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increased awareness regarding health and fitness has been encouraging people to participate in kickboxing, which is expected to promote the utility of various equipment including gloves and punching bags. For instance, health experts have recommended that the continuous activity of this type of boxing helps in improving cardiovascular health and ensuring better blood circulation. In addition, increasing popularity of these sport activities for self-protection among millennials is expected to promote the scope for various kickboxing equipment including gloves and gears.

Over the past few years, the equipment manufacturers have been focusing on the advancement of the protective gears in terms of both build-in quality and design. Protective gear is anticipated to expand at the fastest CAGR of 4.2% from 2019 to 2025. This segment includes mouth guards, head gear, shin guards, hand wraps, and ankle support wraps. These products are expected to gain utility as protective shield to the consumers from any injuries during boxing activities.

The commercial application segment dominated the global kickboxing equipment market in 2018. Increased number of health clubs and training centers has driven the commercial sector across the globe. This segment requires equipment in bulk to serve a large number of consumers. It also provides personal training by professionals.

In terms of distribution channel, the online segment is projected to expand at the fastest CAGR of 4.1% from 2019 to 2025. Increasing number of online payment platforms as a convenient medium for the consumers is expected to remain a key factor for the industry growth. In addition, availability of smartphones at affordable prices in the developing countries including India, China, and Brazil has played a crucial role in promoting the access of e-commerce to the consumers.

Asia Pacific emerged as the largest market in 2018, accounting for over 40.0% share of the global revenue due to rising number of promotional activities and increasing consumers' concern over fitness. Participation in kickboxing has increased in the countries including Japan, Australia, China, India, Myanmar, New Zealand, South Korea, Singapore, and Thailand. These factors are expected to play a key role in expanding the scope for various products including gloves, protective gear, and boxing pads.

Key competitors of this industry include Adidas AG; Last Round Equipment; Budoland; Century LLC; Everlast Worldwide, Inc.; Hayabusa Fightwear Inc.; Twins Special Co., Ltd.; SMAI; Combat Sports International; Hykso; and WESING SPORTS. The industry participants are expected to increase the spending on the development of new products in order to expand their market size.

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Kickboxing Equipment Market Report Highlights

By product, gloves dominated the global kickboxing equipment market with 41.4% share in 2023. Protective gear is expected to witness the fastest growth in the coming years due to growing need for protection from injury among athletes during boxing
The commercial segment accounted for the largest revenue share in 2023. The increasing interest in group fitness activities such as kickboxing has created a demand for robust and high-quality equipment in commercial gyms and fitness studios
Online distribution channel is expected to expand at the fastest CAGR from 2023 to 2030
Asia Pacific kickboxing equipment market is anticipated to grow with the fastest CAGR over the forecast period. A growing middle class with high purchasing power is expected to drive the demand for fitness and wellness products.