Fact has released a new report. The global boxing gloves market is expected to grow at a moderate rate through 2022, according to MR. By the end of 2022, the global market for boxing gloves is estimated to generate almost US$ 150 million in revenue.
The increased predominance of women’s boxing is one of the most recent trends that is gaining traction in the global boxing glove industry. Women’s boxing has gained widespread appreciation among broadcasters as it competes in numerous events. Women’s boxing will compete in five disciplines at the Tokyo 2020 Olympic Games. In order to grow their market share, market leaders are currently focused on product innovation, such as lightweight yet sturdy headgear and high-quality gloves for women.
Fact.MR’s report identified key players in the global boxing gloves market, which include
- Everlast Worldwide Inc.
- Reebok International Ltd.
- Adidas AG
- Title Boxing Llc
- Twins Special Co. Ltd.
- Sports Direct International plc.
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