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The report offers an in-depth analysis of recent developments, changes in market regulations, product approvals, product launches, and market behavior in segments such as the product (MMA Gloves, Protective Gear, and Training Equipment). ), end user (individual and organization), distribution channel (offline and online) and geography (North America, Europe, APAC, South America, and MEA). This report helps companies create strategies to make the most of future growth opportunities.
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“The increasing adoption of MMA as part of fitness programs will be crucial in driving the growth of the mixed martial arts equipment market. In addition, the growing number of fitness centers and health clubs will present significant opportunities for suppliers during the forecast period, ”says a Technavio analyst.
Lack of physical activity and sedentary lifestyles have increased the prevalence of chronic back pain in the younger population. In addition, busy work schedules and growing health concerns are driving people to get involved in daily exercise and combat sports such as MMA to stay in shape. Participating in MMA offers several health benefits. It strengthens the abdominal muscles, improves coordination and improves flexibility of the muscles and the whole body. All of these factors are expected to positively influence the growth of the global mixed martial arts equipment market during the forecast period.
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Mixed Martial Arts Equipment Market: Segmentation Analysis
Segmentation by product:
- On the basis of product, MMA gloves segment dominated the market in 2019.
- The MMA Gloves segment is expected to generate maximum revenue in the market due to increased participation rates.
- In addition, the development of female fitness gloves is expected to contribute to the growth of MMA gloves segment during the forecast period.
- Market growth in MMA gloves segment will be significant during the forecast period.
Segmentation by geography:
- 45% of market growth will come from North America and the region will provide several opportunities for market sellers during the forecast period.
- The increase in the number of professional boxing clubs and tournaments and the innovative product launches will drive the growth of the mixed martial arts equipment market in North America.
- The United States is a key market for mixed martial arts equipment in North America.
- Market growth in this region will be faster than market growth in Europe.
Mixed Martial Arts Equipment Market: Major Suppliers
The mixed martial arts equipment market is fragmented due to the presence of multiple vendors. The report offers detailed information on the skills, capabilities and products offered by key vendors including adidas AG, Century LLC, Combat Brands LLC, FAIRTEX EQUIPMENT CO. LTD., Hayabusa Fightwear Inc., KWON Inc., Revgear, Sports Direct International Plc, TS Gear and Venum among others.
More details: www.technavio.com/report/mixed-martial-arts-equipment-market
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About Technavio
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.
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