Kickboxing is a type of combat sport that involves kicking and punching, originated from Japan in the 1950s. Several kickboxing championships are organized by different international governing bodies and it is also practiced for self-defense and general fitness. Kickboxing equipment include pads & shields, gloves, hand wraps, shin guards, head guards, foot guards, and others. They are designed to protect the boxers from injuries and defending kicks, punches, knee, and elbow strikes. Kickboxing is considered to be high intensity and dynamic sport as it carries movement of all body parts and recently it is practiced as total body workout and health maintaining sport. Kickboxing is known as a hybrid of martial arts and fighting sport, which has inclined Z generation toward kickboxing for self-defense techniques and has presented a new pathway for the kickboxing gear.
COVID-19 Scenario Analysis:
- The COVID-19 pandemic has caused a decline insales and revenue of kickboxing equipment market as the spread of coronavirus has led to the shutdown of many training institutes and fitness centers to maintain the practice of social distancing.
- The lockdown scenario has caused the shutdown of manufacturing units and shortage of manpower which has affected the production of kickboxing equipment.
- The disruption of supply chain and shutdown of distribution channels such as specialty stores has declined the sales of the kickboxing equipment market.
- The postponement of the international championship due to the government regulations to prevent mass gathering has affected the kickboxing equipment market and is anticipated to negatively impact the post COVID scenario as well.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis
Kickboxing equipment is necessary for the boxers to provide protection against injuries and enhance their experience. The advanced technology and innovation have introduced the variants of kickboxing gear, which has created a new trend in the market. The increased health consciousness, innovation, and technology in the equipment, comfortable gear, increase in recreational activities, kickboxing as a fitness exercise, inclination towards kickboxing for self-defense, participation in sports, increase in urbanization, easy availability of equipment, enhanced safety from the equipment, e-commerce, growing kickboxing classes, and training centers, international championships, celebrity endorsement, inclination toward fitness, and increase in disposable income drive the growth of the global kickboxing equipment market. However, increase in competition in the market, government regulations, highly-priced equipment, and availability of substitute products hinders market growth. Contrarily, investment in new product development, incorporation of technology in the equipment, and an increase in women participation present new pathways to the kickboxing equipment market.
The global kickboxing equipment market trends are as follows:
Leading innovation in kickboxing equipment
Kickboxing includes kicking, punching, sparring, and other dynamic body movements, which carry out body workout and positive impact on health and fitness. The inclination of the young population has increased toward kickboxing due to its benefits on physical and mental health. It is known to boost concentration and confidence along with physical benefits such as muscle toning, decrease in calories, improves body balance, cardiovascular health, builds strength, and endurance. In recent times, the participation of women in championships and fitness training has increased and presented a new pathway for designing kickboxing equipment.
The key manufacturers are focused on using technology for designing the new lightweight equipment and provide the customers enhanced experience by increasing the comfort and safety of the kickboxing equipment from fatal injuries. Hykso designed the first punch tracker, which is waterproof, durable, and comfortable. It provides the tracking of hands movement, workout intensity, and speed precision by connecting the device to a smartphone. The leading brands are also launching ultra-lightweight apparel specifically designed for kickboxing.
Key Benefits of the Report:
- This study presents the analytical depiction of the global kickboxing equipment industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global kickboxing equipment market share.
- The current market is quantitatively analyzed to highlight the global kickboxing equipment market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed global kickboxing equipment market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Kickboxing Equipment Market Research Report:
- What are the leading market players active in the kickboxing equipment market?
- What the current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Kickboxing Equipment Market Report Highlights
Aspects | Details |
By Product Type |
|
By Application |
|
By Distribution Channel |
|
By Region |
|
Key Market Players | King Professional, Rival Boxing Gear, Revgear, Hayabusa Fightwear Inc., Budoland, Fairtex, Ringside, Everlast Worldwide, Adidas AG, Last Round Equipment, Hykso, Century LLC, Combat Sports International, Twins Special Co. Ltd., Title Boxing |
Loading Table Of Content...