Boxing Product Consumer Market

Goals

To understand the US boxing product consumer market with the key data points of how many people in the US box and the market size of boxing equipment in order to evaluate revenue potential for boxing equipment products in the US.

Early Findings

Our initial research on the boxing product consumer market in the US revealed insights. Here are key pieces of information we found:

Boxing Product Consumer Market

  • The popularity of boxing in the US is currently declining due to increased global competition. "National interest in any sport wanes when its heroes are replaced by champions from abroad who live and fight on foreign lands, speak different tongues and have names that cannot easily be pronounced."
  • However, internationally, boxing is currently one of the most popular sports.
  • Increasing participation in boxing across the globe, especially women’s participation, has boosted the sport.
  • From most recently available public statistics, the number of people (aged six years and older) in the US who participated in boxing was approximately 6.53 million in 2017.
  • The US will have a significant market size in the global boxing equipment market during the forecast period of 2019-2023 that could impact development trends of boxing equipment.

Proposed next steps:

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