Mixed Martial Arts Equipment Market

Mixed Martial Arts Equipment Market By Product Type (Gloves, Ankle/ Knee/ Elbow Guard, Punching Bags, Hand Wraps, Shin Guard, Mouth Guard, Head Gear, Others), By Buyer Type (Individual, Institutional, Promotional), By Sales Channel & By Region Global Market Insights 2023-2033

Analysis of Mixed Martial Arts Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Mixed Martial Arts Equipment Market Outlook (2023-2033)

The global Mixed Martial Arts Equipment market garnered a market value of US$ 565 Million in 2022 and is expected to accumulate a market value of US$ 1072.54 Million by registering a CAGR of 6% in the forecast period 2023-2033. The market for Mixed Martial Arts Equipment Registered a CAGR of 3% in the historical period 2018-2022.

Unlike other sports accessories and equipment, martial arts require a vast domain of weaponry. The horizon of martial art equipment ranges from harmless fighting fans to lethal equipment such as daggers, swords, knives, nun chucks and many more.

The martial art equipment is used in the training arena under the supervision of trained experts. However, it is also crucial to realize that the mastery of these weapons turns out to be an essential part of the development as a martial artist. These potentially life-threatening martial art equipment require highly skilled handling as well as manufacturing and thus, the market for the martial art equipment is gaining exceptional global attention.

With its roots in ancient Asian culture, martial arts that are practiced today are more or less an athletic competition, exercise, meditation or self-defense. Martial arts have long been consolidated to particular geographical patches but are now emerging as a global sport.

This has provided ample opportunities for various small and big players and the companies engaged in the design, manufacture, sales, and marketing of these martial art equipment to successfully capitalize on the opportunity.

These aforementioned factors would facilitate the growth opportunity for the Mixed Martial Arts Equipment market, which is projected to rise at a CAGR of 6% in terms of value over the forecast period 2023-2033.

Report Attributes

Details

Anticipated Base Year Value (2022)

US$ 565 Million

Expected Market Value (2023)

US$ 598.9 Million

Projected Forecast Value (2033)

US$ 1072.54 Million

Global Growth Rate (2023-2033)

6% CAGR

Expected Growth Rate of European Market (2023)

4.7%

Expected Growth Rate of Middle Eastern Market (2023)

4.7%

Major Mixed Martial Arts Equipment Service Providers

  • Adidas AG
  • Century LLC
  • Everlast Worldwide Inc.
  • Hayabusa Fightwear Inc.
  • Combat Sports Inc.
  • Twins Special Co. LTD.
  • Fairtex
  • King Professional
  • Title Boxing LLC
  • Ringside, Inc.

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Sales Analysis of Mixed Martial Arts Equipment (2018-2022) Vs. Market Forecast Outlook (2023-2033)

According to Fact.MR, the Mixed Martial Arts Equipment market experienced growth of 3% CAGR in the historical period 2018-2022. The spread of coronavirus crippled the entire world. Nearly all countries imposed lockdowns and strict social distancing measures. This has resulted in the disruption of supply chains across geographies. These factors have significantly impacted the demand for Mixed Martial Arts equipment, at least in the short term.

However, in the long term, the impact on the Mixed Martial Arts Equipment market is expected to continue its upward trajectory over the coming years. Thus, with growing modernisation and rising investments in sports across regions, the market is forecast to expand at a mammoth CAGR of 6% by value in the forecast period 2023-2033.

Which are Some Prominent Drivers of the Mixed Martial Arts Equipment Market?

Increasing Popularity of Mixed Martial Arts Equipment Among Consumers to Accelerate Demand across Regions

Mixed martial arts can be said to be the fastest growing sport in several countries worldwide owing to rising popularity of fighting styles and other professional leagues, such as, the World Series of Fighting. Development of new technologies has made it possible to track the performance of the player in combat thereby identifying key development areas.

New tracking technology supported with essential gear is the recent found trend in combat sports, which is used to monitor speed and reflex actions. Tracking technology is installed in fitness equipment or gear such as gloves, punching bags, hand wraps etc. Moreover, people are choosing mixed martial arts as a career and for recreation purposes or for self-defense. This has prompted the growth of the global mixed martial arts equipment market.

Technological developments have given birth to robust equipment with which a combat player can be trained well, enhancing combat skills and abilities. Also, a protection aspect comes in the picture when mixed martial arts equipment is concerned.

Other factors which have fuelled the growth of the mixed martial arts equipment market are rising popularity of the sport, increasing number of MMA (Mixed Martial Arts) tournaments and inclusion of MMA in several fitness programs. The North America region shows higher attractiveness for this market.

MMA or mixed martial arts is a combat sport which involves both striking and grappling, using techniques from martial arts and other combat sports. The sport has rivaled professional wrestling and boxing and has witnessed an increased popularity with a pay per view business model.

Various styles have been developed across regions with their uniqueness. Various MMA equipment such as mouthpiece, gloves, hand wraps, head gear, shin guards, etc., are used during combat.

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What are the Challenges Faced by the Mixed Martial Arts Equipment?

Expensive nature of Mixed Martial Arts Equipment hindering market growth

High cost of product along with extreme heaviness is acting as a market restraint for the growth of the market in the above-mentioned projected timeframe.

Comparative View of Mixed Martial Arts Equipment Markets

Mixed Martial Arts Equipment Market :

Attributes

Mixed Martial Arts Equipment Market

CAGR (2023-2033)

6%

Market Value (2033)

US$ 1072.54 Million

Growth Factor

People are choosing mixed martial arts as a career and for recreation purposes or for self-defense, prompting the growth of the global mixed martial arts equipment market.

Opportunity

Penetration of international and local players is creating lucrative opportunities for the Mixed Martial Arts Equipment market.

Sports Apparel Market :

Attributes

Sports Apparel Market

CAGR (2023-2033)

5.8%

Market Value (2033)

USD 362.3 Billion

Growth Factor

The aspiration to follow the up-to-date fashion trends and to maintain a sporty look is driving progress in the sports apparel market.

Opportunity

Manufacturers in the sports apparel market are paying greater attention to the design, comfort, and innovation by creating lucrative opportunities for the brands to introduce attractive and stylish sports apparels.

Sport Protection Equipment Market :

Attributes

Sport Protection Equipment Market

CAGR (2023-2033)

7%

Market Value (2033)

US$ 6 Billion

Growth Factor

Concerns over rising number and severity of sports injuries has led to higher awareness on the need to use protective equipment.

Opportunity

Sports protection equipment has gone the digital way, with manufacturers focusing on developing revolutionary sport protective equipment using sensors and materials that can provide better protection.

Regional Insights

What is Creating Lucrative Opportunities for the Mixed Martial Arts Equipment Market in North America?

Expanding expenditure on outdoor activities influencing growth of market in North America

North America is estimated to dominate the Mixed Martial Arts Equipment market share with a growth rate of 4.7%. The North America region shows a higher market attractiveness index and is considered to be the most lucrative region for the global mixed martial arts equipment market. The rise of the sport in this region along with technological advancements and higher disposable incomes of people have contributed to the growth of the market in this region.

The North America region has shown higher market share by revenue and is expected to follow this trend by the end of 2023, poised to register a moderate CAGR during the period of forecast.

What are the Factors Bolstering Demand for Mixed Martial Arts Equipment in Europe?

Higher popularity of mixed martial arts in the region boosting market demand

Europe is poised to be the fastest growing region, registering a high CAGR of 4.7% during the period of forecast, followed by Asia Pacific excluding Japan (APEJ), which is the second fastest growing region in the global mixed martial arts equipment market.

The region hosts some of the most attractive mixed martial arts events, thereby pushing the demand for mixed martial arts equipment. For instance, since its founding in 2001, Cage Warriors has hosted over 150 events across the United Kingdom, Ireland and continental Europe. The Irish-owned, London-based promotion has even made its way onto US shores, having staged three events in San Diego, California in the past year.

Category-Wise Insights

Which Sales Channel of Mixed Martial Arts Equipment is Propelling the Maximum Growth?

Independent sports outlet to propel maximum growth

Independent sports outlet segment by sales channel is expected to show higher growth rate during the forecast period and a higher market share thereby dominating the global mixed martial arts equipment market by sales channel category. The segment is poised to grow at a CAGR of 4.9% throughout the forecast period and is also expected to gain a high BPS by the end of 2033.

Following the independent sports outlet segment, is the franchised sports outlet segment which is second as far as growth rate is concerned. The modern trade channels segment and third party online channel segment are expected to show the same growth rate throughout the forecast period.

By product, which segment is highly benefitting the market growth?

Gloves used in mixed martial arts benefitting the sales of the market

Gloves segment by product type show high market growth rate and higher market share during the period of forecast. The gloves segment is anticipated to grow at a higher CAGR of 4.8% throughout the forecast period.

This segment dominates the global mixed martial arts equipment market by product type as of 201 and this trend is expected to continue throughout the forecast period. This segment is also expected to gain a higher BPS by the end of 2033.

Punching bags segment and head gear segment by product type show a similar growth rate during the period of forecast. However, following gloves segment, the punching bags segment is second in line as far as market share is concerned and their market value is higher than that of head gear segment as of 2023. The head gear segment is anticipated to experience zero gain in BPS by the end of 2033.

By Buyer, which type of buyer is helping the market grow positively?

Individual Buyers to surge the demand for mixed martial art equipment

Individual segment by buyer type is poised to grow at a higher CAGR of 4.8% during the forecast period and also reflects a higher market share as of 2023.

This trend is poised to continue or even grow by the end of 2023; thus it can be inferred that this segment is expected to dominate the global market by buyer type throughout the period of forecast. This segment is also anticipated to reflect a higher gain in BPS by the end of 2033.

Start-Ups for Mixed Martial Arts Equipment Market

Key start-up players in the mixed martial arts equipment market include :

  • The organization lends its name from the Japanese word for the peregrine falcon. Hayabusa has had a similar fast trajectory after being founded in 2006. It is one of the more recognizable brands out there, and it owes its success to its founders’ ethos of research and development. It started with an initial offering of fight gloves, rash guards, and fight shorts, the bare essential tool to get started in training. Based on prior research of founders Ken Clement, Craig Clement, David Zikakis, and Luke Harris, the quality of Hayabusa products allowed them to meet and exceed requirements. They have not let down since and continue to fund research at the University of Waterloo and the University of Cincinnati, alongside third-party laboratories.

Now, their product range includes headgear, boxing gloves, MMA gloves, shin pads, rash guards, BJJ spats, hand wraps, gym bags, strike pads, technical apparel, protective equipment, and coaching equipment for combat sports. They are known for their comfort and durability, as well as sophistication that lends it as a preferred choice in training and competitions.

  • Franck Dupuis started Venum in 2006. The brand replaced Reebok as UFC’s official outfitting partner, a remarkable achievement given its humble roots. From Kurt Angle to Jose Aldo, athletes from different martial arts are sponsored by the organization and to good effect.

It became the goto brand for grapplers and soon became famous in other martial arts with its gear. They are a versatile brand known for their apparel and MMA equipment. Venum is not confined to Brazil and South America but is also popular in Asia, Europe, and North America. It gained notoriety when a complete UFC fight card was adorned in its fighting apparel.

Market Competition

The industry is characterized by the presence of a few established players and new entrants. Key companies are diversifying their product offering to maintain their share and position in the global industry. Some of the key developments include :

  • In November 2022, Toyam Sports LimitedIndia's biggest MMA promotion company launched a range of merchandise products under "K1L' brand. Specifically designed products will be launched via various B2C sales formats (online as well as offline) in India. Under the range of accessories to be initially launched would be the MMA gears; consisting of gloves and protection equipment (specifically designed for MMA), KIL MMA Gloves, KIL Boxing Gloves, KIL Shin Pad, KIL Focus Pad, KIL Headguard, KIL Handwrap, KIL Mouthguard etc. The launch of sports merchandise would provide existing and aspiring MMA athletes a chance to access most genuine MMA accessories under one roof.

Key Segments Profiled in the Mixed Martial Arts Equipment Industry Survey

  • Product Type :

    • Gloves
    • Ankle/ Knee/ Elbow Guard
    • Punching Bags
    • Hand Wraps
    • Shin Guard
    • Mouth Guard
    • Head Gear
    • Others
  • Sales Channel :

    • Independent Sports Outlet
    • Franchised Sports Outlet
    • Modern Trade Channels
    • Direct to Customer Institutional Channel
    • Direct to Customer Online Channel
    • Third Party Online Channel
  • Buyer Type :

    • Individual
    • Institutional
    • Promotional

- FAQs -

What was the market worth for Mixed Martial Arts Equipment in 2022?

As of 2022, the Mixed Martial Arts Equipment market was worth US$ 565 Million.

At what value is the Mixed Martial Arts Equipment industry likely to close by 2023?

Fact.MR foresees Mixed Martial Arts Equipment demand to reach US$ 598.9 Million in 2023.

At what percentage will the market for Mixed Martial Arts Equipment rise until 2033?

From 2023-2033, Fact.MR expects Mixed Martial Arts Equipment revenue to flourish at a 6% CAGR.

What is the expected market value for Mixed Martial Arts Equipment in 2033?

In 2033, Mixed Martial Arts Equipment market worth is poised to reach US$ 1072.54 Million.

How do growth prospects for Mixed Martial Arts Equipment appear in North America?

The North America Mixed Martial Arts Equipment market share in 2023 is expected to hold nearly 30% of the global market.

How do growth prospects for Mixed Martial Arts Equipment appear in Europe?

Europe is expected to show the highest growth rate of 4.7% during the forecast period.

Which sales channel is expected to hold the maximum share for the Mixed Martial Arts Equipment market?

Independent sports outlet segment by sales channel is expected to show higher growth rate during the forecast period.

Mixed Martial Arts Equipment Market

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