Global mixed martial arts equipment market
DUBLIN, March 05, 2024 (GLOBE NEWSWIRE) — Mixed Martial Arts Equipment Market by Product (Mixed Martial Arts Gloves, Ankle/Knee/Elbow Guards, Sandbags, Hand Wraps, Shin Guards, Mouth Guards, Headgear), Distribution The Channels (Offline, Online), End Users (Personal Use, Institutions), and Regions 2024-2032 report has been added. ResearchAndMarkets.com Recruitment.
The global mixed martial arts equipment market size will reach USD 1.3 billion in 2023. The market is projected to reach USD 2.1 billion by 2032, with a growth rate (CAGR) of 5.04% from 2023 to 2032.
Increasing participation of the masses, easy availability of advanced training facilities, and integration of advanced technologies are some of the key factors driving the market.
Mixed martial arts (MMA) refers to a hybrid combat sport that uses a variety of fighting skills and techniques. It is performed using a variety of equipment to facilitate training and competition, including mouth and groin guards, punching bags, gloves, shorts, shin guards, hand wraps, ankle, elbow, and knee pads, and headgear.
Among them, hand wraps help protect the hands during training and competitions, and headgear is used in sparring to protect the skull from hard blows. Currently, major players active all over the world are launching their MMA equipment in different materials, types and designs. These companies offer customization to meet consumer requirements and expand their product portfolios.
North America was the largest market for mixed martial arts equipment. Factors driving the North American mixed martial arts equipment market include increasing number of fitness centers, easy availability of advanced training facilities, and growing awareness of MMA.
Currently, increasing individual participation in recreational sports, fitness, and athletic activities is one of the major factors driving the demand for MMA equipment worldwide. Additionally, rising awareness of the health benefits associated with MMA, such as improved heart health, reduced stress, and increased overall fitness, as well as a surge in chronic diseases due to sedentary lifestyle are driving market growth. doing.
Additionally, the increasing number of professional training camps and easy availability of advanced training facilities for fighters are positively impacting the market. Apart from this, the increasing number of fitness centers offering MMA training is also contributing to the market growth. Additionally, major companies are funding advertising campaigns such as celebrity and social media influencer endorsements to improve profitability.
In addition to this, the expanding e-commerce sector is increasing sales of MMA equipment due to ease of equipment availability, flexible payment options, secure transactions, and convenient return policies. Additionally, governments in many countries have taken steps to promote MMA as a professional sport. They are also investing in improving sports infrastructure at a global level. Additionally, the integration of Internet of Things (IoT) technology and connected devices allows real-time measurement and tracking of performance during training and competitions, recording power, speed, and punches of athletes, providing a positive outlook for the market. is born.
Key questions answered in this report:
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How has the global mixed martial arts equipment market fared so far, and how will it develop in the coming years?
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What are the drivers, constraints, and opportunities in the global Mixed Martial Arts Equipment market?
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What are the major regional markets?
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Which countries represent the most attractive mixed martial arts equipment market?
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What is the market segmentation based on products?
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What is the market segmentation based on distribution channels?
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What is the market segmentation based on end users?
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What is the competitive structure of the global mixed martial arts supplies market?
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Who are the key players/companies in the global mixed martial arts equipment market?
Key attributes:
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report attributes |
detail |
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number of pages |
140 |
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Forecast period |
2023-2032 |
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Estimated market value in 2023 (USD) |
$1.3 billion |
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Projected market value to 2032 (USD) |
$2.1 billion |
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compound annual growth rate |
5.0% |
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Target area |
global |
competitive environment
Key market segmentation:
Product Insights: MMA gloves accounted for the largest segment.
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MMA gloves
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ankle/knee/elbow guard
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punching bag
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hand wrap
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shin guard
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mouth guard
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headgear
Distribution channel insights: Offline accounts for the largest market share
End user insights: Personal use accounts for the largest market share
For more information on this report, please visit https://www.researchandmarkets.com/r/5s0zd8.
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