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 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. 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.
According to Fact.MR’s research report on the global mixed martial arts equipment market, the market is anticipated to reach a value of about US$ 565 Mn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.
North America dominates the Global Market
North America region shows 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.
North America region has shown higher market share by revenue and is expected to follow this trend by the end of 2022 and is poised to register a moderate CAGR during the period of forecast.
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MEA and Europe have a Tie; Opportunity from an Investment Standpoint?
Europe and Middle and Africa region (MEA) show same growth rate and are poised to the fastest growing regions registering a high CAGR of 4.7% during the period of forecast, followed by Asia Pacific excluding Japan (APEJ), which is the second fast growing region in the global mixed martial arts equipment market.
Investments can be made in these regions, even though the market share is less as compared to North America region, there is potential for positive growth in these regions.
Gloves Segment Show High Pace and Strength
Gloves segment by product type show high market growth rate and higher market share during the period of forecast 2017 to 2022. 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 2017 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 2022.
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Tough Call Between Punching Bags and Head Gear
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 are second in line as far as market share is concerned and their market value is higher than that of head gear segment as of 2017.
The head gear segment is anticipated to experience zero gain in BPS by the end of 2022.
Independent Sports Outlet to Show Dominance
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 2022.
Following 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 show are expected to show same growth rate throughout the period of forecast of 2017 to 2022.
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Individual Segment to Grow Fast
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 2017.
This trend is poised to continue or even grow by the end of 2022; 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 2022.
The report also profiles companies that are expected to remain active in the expansion of the global mixed martial arts equipment market through 2022, which include
- Adidas AG
- Century LLC
- Everlast Worldwide Inc.
- Hayabusa Fightwear Inc.
- Combat Sports Inc.
- Twins Special Co. LTD.
- King Professional
- Title Boxing LLC
- Ringside, Inc.
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(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)
Global mixed martial arts equipment market is driven by various aspects which govern the growth of the market across various regions. This combat sport has been witnessing growing business worldwide.
The mixed martial arts equipment market is driven by factors such as growth in MMA tournaments, growing MMA popularity, increasing usage of MMA equipment in fitness programs and rise in technological developments implied in MMA equipment enhancing the function of safety and performance at the same time.
North America has been found more attractive for the growth of the mixed martial arts equipment. The report, compiled by Fact.MR, provides in-depth analysis of the global mixed martial arts equipment market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR’s report is to analyze the global mixed martial arts equipment market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis.
Mixed martial arts equipment manufacturers, stakeholders, and suppliers in the global sports industry can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and sports journals.
The report commences with a brief information of the global mixed martial arts equipment market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global mixed martial arts equipment market.
The next section offers an overview of the mixed martial arts equipment market. This comprises an introduction to the market, along with a standard definition of the product – mixed martial arts equipment.
In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global mixed martial arts equipment market, the report provides updates about market opportunities, which can benefit leading manufacturers of mixed martial arts equipment.
With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for mixed martial arts equipment manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
Considering the wide scope of the global mixed martial arts equipment market and to offer in-depth insights, Fact.MR’s report provides segment-wise analysis and forecast.
The global mixed martial arts equipment market has been categorized on the basis of product type, buyer type, sales channel and region. This segmentation analysis is comprehensive, coupled with a detailed country-wise forecast provided on all parameters.
The report’s last section comprises of the global mixed martial arts equipment market competitive landscape, to provide readers with the dashboard view of company analysis and market players.
This competitive intelligence is based on the providers’ categories across value chain, and their presence in the global mixed martial arts equipment market.
Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.
We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,
- Primary research
- Secondary research
- Trade research
- Focused interviews
- Social media analysis
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