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NEW YORK, July 3, 2024 /PRNewswire/ -- The global mixed martial arts equipment market size is estimated to grow by USD 252.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.57% during the forecast period. Growing popularity of women's mma is driving market growth, with a trend towards number of fitness centers and health clubs. However, rising popularity of alternative sports poses a challenge. Key market players include Adidas AG, Blitz Corp. Ltd., Century LLC, Combat Brands LLC, FAIRTEX EQUIPMENT CO. LTD., Hayabusa Fightwear Inc., King Martial Arts Supplies, KWON Inc., MRX Products Inc., Outslayer Fight Gear, Proforce Inc., RDX Inc., Revgear Sports Co., SportsDirect Retail Ltd., Tiger Claw, TITLE Boxing, Twins Special LLC, Venum, and Zebra Athletics.
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Technavio has announced its latest market research report titled Global mixed martial arts equipment market 2024-2028
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| Forecast period |
2024-2028 |
| Base Year |
2023 |
| Historic Data |
2018 - 2022 |
| Segment Covered |
Product (MMA gloves, Protective gear, and Training equipment), Distribution Channel (Offline and Online), End-user (Individual and Organization), and Geography (North America, Europe, APAC, South America, and Middle East and Africa) |
| Region Covered |
North America, Europe, APAC, South America, and Middle East and Africa |
| Key companies profiled |
Adidas AG, Blitz Corp. Ltd., Century LLC, Combat Brands LLC, FAIRTEX EQUIPMENT CO. LTD., Hayabusa Fightwear Inc., King Martial Arts Supplies, KWON Inc., MRX Products Inc., Outslayer Fight Gear, Proforce Inc., RDX Inc., Revgear Sports Co., SportsDirect Retail Ltd., Tiger Claw, TITLE Boxing, Twins Special LLC, Venum, and Zebra Athletics |
Key Market Trends Fueling Growth
The global MMA equipment market is experiencing growth due to the increasing number of MMA gyms and fitness centers. With the rise in memberships, there is a growing demand for quality MMA training equipment. Operators prioritize safety and invest in certified trainers and top-notch equipment to cater to the interest in MMA techniques among fitness enthusiasts in the US and beyond. As of 2023, over 113,300 gyms, health clubs, and fitness centers in the US offer MMA training, contributing to the expansion of the MMA equipment market.
The Mixed Martial Arts (MMA) Equipment Market is experiencing significant growth, with various types of gear gaining popularity among athletes. Gloves, shorts, shirts, and pants are essential items for MMA training and competitions. Advanced materials and technologies are used to create durable and protective equipment, such as combat shorts with stretch fabric and reinforced seams. Clothing and gear also come in a range of colors and designs to cater to personal preferences. Additionally, headgear, mouthguards, and shin guards are crucial for safety during training and matches. The market is also seeing an increase in demand for customizable and adjustable equipment to fit individual needs. Overall, the MMA Equipment Market is thriving, offering innovative solutions to meet the evolving needs of athletes.
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Market
Challenges
The MMA equipment market experiences significant competition from various combat sports and outdoor activities. Combat sports like boxing, judo, wrestling, and others pose a threat, while popular outdoor activities such as cricket, football, and hiking also impact market growth. Millennials prefer cardio exercises and gymnastics for weight loss, making MMA equipment less appealing. Yoga, with its mind-body benefits, is a fitness alternative that challenges the MMA equipment market.
The Mixed Martial Arts (MMA) Equipment Market faces several challenges. Consumers desire high-quality, durable products for training and competition. Companies must source and develop innovative materials and designs to meet these demands. Additionally, regulations and safety standards are crucial considerations. Ensuring equipment complies with these guidelines is essential to protect athletes and maintain industry credibility. Furthermore, keeping up with training trends and techniques requires continuous research and development. Lastly, pricing pressures and competition from various market segments can impact profitability. Balancing quality, cost, and innovation is key to success in the MMA Equipment Market.
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Segment Overview
This mixed martial arts equipment market report extensively covers market segmentation by
Product
1.1 MMA gloves
1.2 Protective gear
1.3 Training equipment
Distribution Channel
End-user
3.1 Individual
3.2 Organization
Geography
4.1 North America
4.2 Europe
4.3 APAC
4.4 South America
4.5 Middle East and Africa
1.1 MMA gloves- The MMA gloves segment is the largest in the global mixed martial arts equipment market, driven by the essential role of gloves in MMA. MMA gloves are open-fingered or half-fingered, made of leather and synthetic materials, and offer protection and reduced impact. Sparring and competition gloves differ in weight and padding. The market's growth is fueled by rising MMA participation, health club inclusions, and frequent glove replacement. Celebrity endorsements by MMA athletes add to the market's appeal.
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Research Analysis
The Mixed Martial Arts (MMA) Equipment Market caters to the needs of players and consumers engaged in combat sports. This market encompasses a wide range of training equipment and protection gear. Key items include punching bags for practicing strikes, gloves for effective punching, shorts and shorts for mobility, shin guards, hand wraps, ankle pads, elbow pads, and knee pads for added protection. Headgear, mouthguards, and grappling dummies are essential for safety during sparring and grappling sessions. Rash guards and walkout gear add to the athlete's comfort and style. Custom gloves and wraps offer personalized training experiences. Water bottles, gym bags, and other accessories complete the MMA athlete's training kit. The MMA Equipment Market offers numerous health benefits, such as heart health improvement, stress reduction, and the prevention and management of chronic diseases.
Market Research Overview
The Mixed Martial Arts (MMA) Equipment Market encompasses a wide range of products used by athletes for training and competition. These include gloves, shorts, shirts, headgear, guards, mats, and various training equipment such as punching bags, focus pads, and training dummies. The market caters to the needs of MMA gyms, individual trainers, and athletes at various levels. The demand for MMA equipment is driven by the growing popularity of the sport and the increasing number of participants. The market is segmented based on product type and geography. The use of advanced materials and technology in the production of MMA equipment is a key trend in the market. The market is expected to grow steadily due to the rising health and fitness consciousness and the increasing number of MMA events worldwide.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
Product
MMA Gloves
Protective Gear
Training Equipment
Distribution Channel
End-user
Geography
North America
Europe
APAC
South America
Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
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SOURCE Technavio
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