Boxing Gloves Market was valued at USD 160.32 million in 2019 and is expected to reach USD 175.66 million by the year 2026, at a CAGR of 1.33%.
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..
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.
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
Read
More About The Boxing gloves Market:
https://introspectivemarketresearch.com/reports/boxing-gloves--market/
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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v
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.
Report Highlights:
·
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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