- Press Release -

Rockville, Md. The global gym gloves market is set to near US$ 1.2 Bn by 2022 at a 2.9% CAGR, according to Fact.MR. As sedentary lifestyles fuel diabetes, hypertension and obesity, more people are working out, yet not all wear gym gloves, and limited awareness of their role in preventing hand, wrist and palm injuries keeps a lid on growth.

Velcro leads the material mix, modern trade carries the largest channel share, and North America is the biggest region. Third-party online is the fastest-growing channel.

Materials and Channels

Velcro is the most popular material at about a third of revenue, set to grow past US$ 400 Mn by 2022. Neoprene follows at over a quarter, with North America and Europe the largest contributors but Japan the fastest-growing, while leather holds just under a quarter, held back by its higher price, with North America the only region above US$ 100 Mn by 2022. On distribution, modern trade holds about a quarter of revenue and heads toward US$ 285 Mn by 2022, with North America roughly two-fifths of that channel, while third-party online is the fastest riser, and Asia Pacific a potential goldmine as millions come online.

Fitness Awareness Drives Demand

The market runs on the fitness boom. As gym-going rises, demand for gloves follows, and newer, more comfortable and durable materials offer the clearest path to lifting a category where awareness and cost still restrain uptake.

Suppliers and Their Playbook

The field brings together sports and fitness brands.

• Cutters Gloves LLC, Fila Korea Co Ltd., Gold's Gym International Inc, RIMSports, Implus Corporation, Dick's Sporting Goods, Decathlon S.A., Under Armour, adidas AG, PUMA SE, and NIKE Inc. are among the key players in the report.

Reading the Market for Decisions

For makers, growth favours comfortable Velcro and neoprene gloves and a stronger online presence. Investors get a small market with steady, fitness-led demand. Procurement and retail teams can plan around Velcro carrying volume, modern trade leading distribution, and North America offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global gym gloves market for the 2017 to 2022 forecast period, with segmentation by material type, distribution channel and region. It sizes each segment, maps the competitive field, and weighs the demand forces shaping the market. Further detail is available in the gym gloves market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.