The global boxing gloves market revenue was around US$ 902.8 million in 2021 and is estimated to reach US$ 1353.2 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2022 to 2030.

Boxing gloves are extra-cushioned, non-lethal gloves made specifically for use in combat situations or combat sports like boxing, kickboxing, and Muay Thai. During boxing matches and training, boxing gloves are made to save the hands of the boxer and the opponents comfortably and safely.

Factors Influencing Market Growth

- Due to the increased involvement of women and children in boxing as a recreational and fitness activity, the demand for boxing gloves is predicted to increase dramatically around the globe.

- Women's participation in national and international boxing competitions is growing in popularity, which is motivating more women to take up the sport. Also, this might encourage boxing glove producers to create additional gloves with feminine colors and patterns that are specifically made for female boxers. As a result, this will boost the global market growth.

- The expansion of the global boxing glove market is anticipated to be greatly influenced by the most recent technological developments and creative product releases.

Study of the COVID-19 Pandemic

COVID-19 Pandemic had a negative impact on the global. The decrease in boxing glove production and sales was caused by a lack of workers, supply chain interruptions, and partial or total shutdown of the manufacturing facilities due to lockdown limitations. During the early stages of the COVID-19 pandemic, a major contributing factor to the decreased manufacturing of boxing gloves was a lack of raw materials. Boxing gloves were also in less demand among institutional customers due to the closure of fitness centers and boxing gyms.

Regional Insights

Asia-Pacific is anticipated to experience the fastest market growth throughout the forecast period. The boxing gloves market is increasing in the area, which is also home to some of the world's most passionate boxing fans. More and more people are searching for high-quality boxing gloves to aid in their training and competition as boxing gains popularity in the area.

Leading Competitors

The leading competitors in the global boxing gloves market are:

- Bytomic Martial Arts
- Century Martial Arts
- Combat Sports Inc
- Everlast Worldwide Inc
- Fairtex Equipment Co. Ltd
- Hayabusa Fightwear, Inc
- Prolast Corporation
- Revgear
- RDX Sports
- Sanabul
- Title Boxing, LLC
- Twins Special
- Yokkao
- Rival Boxing
- Reebok international ltd
- Adidas AG
- Sports Direct International Plc
- Others
Segmentation Analysis

The global boxing gloves market segmentation focuses on Size, Type, Buyer, Material and Region.

Segmentation based on Size
- 4 to 10 oz
o User
> Men
> Women
> Kids
- 12 to 18 oz
o User
> Men
> Women
- Above 18 oz
Segmentation based on Type
- Bag Gloves
- Training Gloves
- Others
Segmentation based on Buyer
- Institutional
- Individual
Segmentation based on Material
- Leather
- PU Leather
- Superskin
- Others
Segmentation based on Region
? North America
- The U.S.
- Canada
- Mexico
- Europe
? Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
? Eastern Europe
- Poland
- Russia
- Rest of Europe
? Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific

? Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA

? South America
- Brazil
- Argentina
- Rest of South America