Kick Boxing Equipment Market: Up-to-Date Analysis of Latest Trends in Market

Rising need to burn fat and maintain a healthy lifestyle has led to an increasing demand for the kick boxing equipment globally. As training professional boxers and athletes become essential, demand for the kick boxing equipment is projected to rev up in the sports industry. A recently published report by Transparency Market Research has revealed that the global market of kick boxing equipment is projected to reflect an impressive CAGR over the forecast period, 2017 – 2022.

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Factors Fuelling Growth of the Global Market     

Increasing awareness related to healthy lifestyle has led people to participate in kick boxing, and other self-defensive activities. Surge in kick boxing participation has led to an increase in demand for the kick boxing equipment in the fitness and sports industry. Moreover, people are trying to maintain their health and reduce weight, due to which they are engaging in various fitness related activities. With the increase in participation in fitness activities, demand for the kick boxing equipment is projected to increase in the fitness industry significantly. Such factors are likely to boost growth of the global market of kick boxing equipment during the predicted period.

Participation in fitness activities such as kick boxing helps athletes in reducing the prominence of cardiovascular diseases. In order to burn fat and maintain fitness, people follow high-intensity workout routine. Attributed to intense workouts, people regain endorphins that they lose due to surge in stress levels. This helps in lowering prevalence of cardiovascular diseases among professional boxers and athletes. Such factors are projected to fuel growth of the global market of kick boxing equipment throughout 2022.

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Punching Bags to Represent Leading Segment

The independent sports store is projected to reflect a relatively high CAGR in the global market throughout 2022. North America among other regions is projected to represent a major market for kick boxing equipment globally. Independent sports outlet is projected to represent the highest growth in terms of revenue in the global market of kick boxing equipment. The independent sports outlet is projected to represent lower than US$ 20 Mn in the kick boxing equipment market globally in 2017. Franchised sports outlet is projected to represent a significant growth in revenue terms in the kick boxing equipment market globally after independent sports outlet by 2017-end.

Punching bags among other products is projected to register a relatively high CAGR in the global market through 2022. Gloves and mouth guard are projected to reflect significant CAGR in the global market after punching bags throughout 2022. Ankle/ Knee/ Elbow guard among other products is projected to represent a relatively high growth in terms of revenue in the global market. The ankle/ knee/ elbow guard segment is projected to represent lower than US$ 20 Mn by 2022 – end. Gloves among other products is projected to represent a significant growth in revenue terms in the kick boxing equipment market globally after ankle/ knee/ elbow guard segment by 2022 – end.

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Pragati Pathrotkar

As one of the lead news writers on cmfenews, Pragati’s specialization lies in the science and technology domains. Her passion for the latest developments in cloud technology, connected devices, nanotechnology, and virtual reality, among others, shines through in the most recent industry coverage he provides. Pragati’s take on the impact of digital technologies across the science, technology, and business domains gives her writing a fresh and modern outlook.

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