Mixed Martial Arts Equipment Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.87 % |
Fastest Growing Market | Europe |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Mixed Martial Arts Equipment Market Analysis
The Mixed Martial Arts Equipment Market is projected to register a CAGR of 3.87% during the forecast period, 2022-2027.
In COVID-19, Mixed Martial Arts equipment sales were negatively impacted. There were many pre-order cancellations as a result of the worldwide lockdown, which resulted in the cancellation of events and the closure of Mixed Martial Arts Academies. However, the rise of fighting styles and professional leagues, such as the World Series of Fighting, has aided the growth of mixed martial arts in some countries worldwide. It has been made possible through the development of new technologies to track the player's performance in combat, which has led to identifying critical areas for improvement.
In addition, there is an increase in the number of people participating in these activities due to the increased awareness of health and sports management. MMA as a healthy and fitness activity has a variety of advantages for consumers, including improved physical and mental health, teamwork, responsibility, and being able to view oneself in a positive light. For instance, MMA training works on the whole body. In addition to boosting cardio and endurance, it helps increase strength and power. Additionally, it increases flexibility, which reduces the risk of things like pulled muscles, fractures, and mobility issues. Furthermore, mixed martial arts is becoming a popular career choice and a means of recreation and self-defense. This has led to an increase in the global market for mixed martial arts equipment.
Mixed Martial Arts Equipment Market Trends
This section covers the major market trends shaping the Mixed Martial Arts Equipment Market according to our research experts:
Rising number of people participating in combat sports
Mixed Martial Arts, or MMA, is rapidly making a transition from being a minority sport to becoming the mainstream sport as UFC fighters Conor McGregor and Ronda Rousey have become household names. Even though Mixed Martial Arts only emerged in the 1990s, its growth has been phenomenal; it has become one of the fastest-growing sports in the world in the last decade. The Sports & Fitness Industry Association released a report which concludes that the number of participants in mixed martial arts (MMA) competition in the United States has increased to 1.03 million in 2021 from 0.98 million in 2018. In recent years the participation rate is increasing at a rapid pace due to the rising popularity of MMA around the world. The rise of women's MMA has also been dramatic. Having only introduced women's divisions in 2012, UFC has also massively grown the popularity of WMMA. Additionally, the participation rate in other combat sports such as boxing is also rising globally. For instance, according to Sports England Data, the number who participated in boxing increased to 7,74,500 in 2020 from 6,72,100 in 2016.
Moreover, rising health awareness and an active lifestyle are boosting the demand for combat sports in the region as a fitness program. Traditionally, in developing countries, combat sports involve striking, such as boxing, or grappling, such as wrestling. In MMA, a popular combat sport, grappling and striking both are involved. It is taking some time for these disciplines to gain acceptance as full-fledged professional sports, despite their growing popularity as fitness alternatives.
Europe is the Fastest Growing Region
Among all the markets in the world, the Mixed Martial Arts Equipment Market in Europe is experiencing the fastest growth. This is not only due to the fact that sports participation is rising in the region, but also because health awareness is rising at an increasing rate. Morover, combat sports are becoming increasingly popular, as well as consumer spending on sports goods in the region is also increasing. In recent years, the MMA market has experienced tremendous growth due to the explosion in television, social media, and internet popularity in the region. Moreover, the mixed martial art equipment market has been growing due to modern distribution methods and e-commerce expansion. As well as keeping up with the latest trends and consumer demands, manufacturers can gain insight into them through social media and blogs. Additionally, there has been an increase in the demand for fitness centers as a result of an increase in the population of fitness enthusiasts. Europeactive 2022 data shows there were 63,173 fitness clubs in 2021, up from 61,984 in 2018. During the forecast period, mixed martial art equipment demand is expected to increase due to an increase in sports infrastructure.
Mixed Martial Arts Equipment Industry Overview
A moderate level of competition is present in the Global Mixed Martial Arts Equipment Market due to the presence of a few regional and multinational companies offering Mixed Martial Arts Equipment products and trying to maintain their leadership position.
Major players in the market include Adidas AG, Combat Sports Inc., Everlast Worldwide, Inc., Hayabusa Fightwear Inc., and Ringside, Inc. In order to enhance the growth of the market, the companies studied and adopted business strategies such as product innovations, partnerships, strengthening their presence in online and offline marketing, and mergers & acquisitions to broaden their visibility and portfolio of offerings. For instance, in December 2021, McGregor FAST, Conor McGregor's signature brand, introduced a redesigned version of the traditional MMA training gloves that will hold up to intense training sessions. The new gloves include a microchip that tracks the wearer's speed, power, and reps.
Mixed Martial Arts Equipment Market Leaders
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Adidas AG
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Combat Sports Inc.
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Everlast Worldwide, Inc.
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Hayabusa Fightwear Inc.
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Ringside, Inc.
*Disclaimer: Major Players sorted in no particular order
Mixed Martial Arts Equipment Market News
- In September 2022, Adidas opened its new flagship store for Central and Eastern Europe in Warsaw. Generally, the store has created a space that is accessible to fans of an active lifestyle, as well as temporary sports installations to promote an active lifestyle.
- In August 2022, VENUM, the designer, marketer, and distributor of combat sports apparel and accessories renewed its exclusive global outfitting and accessories partnership with UFC, the world's premier mixed martial arts organization.
- In August 2021, Toyam Industries Ltd. (TIL) launched fighting gloves specifically designed for mixed martial arts, along with MMA gear such as gloves, pads, helmets, shorts, dry-fit t-shirts, track pants, shakers, etc. All these products are being offered by the company through its online and offline stores in India, also known as Kumite 1.
Mixed Martial Arts Equipment Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 MMA gloves
5.1.2 Ankle/ Knee/ Elbow Guard
5.1.3 Punching Bags
5.1.4 Hand Wraps
5.1.5 Shin Guard
5.1.6 Mouth Guard
5.1.7 Head Gear
5.2 By End-User
5.2.1 Personal-use
5.2.2 Institution
5.3 Distribution Channel
5.3.1 Offline Retail Stores
5.3.2 Online Retail Stores
5.4 By Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.1.4 Rest of North America
5.4.2 Europe
5.4.2.1 United Kingdom
5.4.2.2 Germany
5.4.2.3 Spain
5.4.2.4 France
5.4.2.5 Italy
5.4.2.6 Russia
5.4.2.7 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 Rest of Asia-Pacific
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle East & Africa
5.4.5.1 Saudi Arabia
5.4.5.2 South Africa
5.4.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Adidas AG
6.3.2 Hayabusa Fightwear Inc.
6.3.3 Ringside, Inc.
6.3.4 Century LLC
6.3.5 Title Boxing, LLC
6.3.6 Twins Special Co. LTD.
6.3.7 Combat Sports Inc.
6.3.8 Everlast Worldwide, Inc.
6.3.9 Fairtex, King Professional
6.3.10 Goodwin
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
9. DISCLAIMER
Mixed Martial Arts Equipment Industry Segmentation
Mixed Martial Arts equipment is the sports equipment used in playing Mixed Martial Arts. The global Mixed Martial Arts Equipment Market (henceforth referred to as the market studied) is segmented by product, end-user, by distribution channel, and geography. By product, the market is segmented into (MMA gloves, Ankle/ Knee/ Elbow Guard, Punching Bags, Hand Wraps, Shin guards, Mouth guards, and Head Gear). Based on the End-Use, the market studied is segmented into (Personal users and Institutions). Based on the distribution channel, the market studied is segmented into (Offline retail stores and Online retail stores). It provides an analysis of emerging and established economies across the world, comprising North America, Europe, South America, Asia-Pacific, the Middle East, and Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
By Product | |
MMA gloves | |
Ankle/ Knee/ Elbow Guard | |
Punching Bags | |
Hand Wraps | |
Shin Guard | |
Mouth Guard | |
Head Gear |
By End-User | |
Personal-use | |
Institution |
Distribution Channel | |
Offline Retail Stores | |
Online Retail Stores |
By Geography | |||||||||
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Mixed Martial Arts Equipment Market Research FAQs
What is the current Mixed Martial Arts Equipment Market size?
The Mixed Martial Arts Equipment Market is projected to register a CAGR of 3.87% during the forecast period (2024-2029)
Who are the key players in Mixed Martial Arts Equipment Market?
Adidas AG, Combat Sports Inc., Everlast Worldwide, Inc., Hayabusa Fightwear Inc. and Ringside, Inc. are the major companies operating in the Mixed Martial Arts Equipment Market.
Which is the fastest growing region in Mixed Martial Arts Equipment Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Mixed Martial Arts Equipment Market?
In 2024, the North America accounts for the largest market share in Mixed Martial Arts Equipment Market.
What years does this Mixed Martial Arts Equipment Market cover?
The report covers the Mixed Martial Arts Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mixed Martial Arts Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MMA Equipment Industry Report
Statistics for the 2024 MMA Equipment market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. MMA Equipment analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.