| Product Code: ETC8836458 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Closely linked to the overall boxing gear market, the boxing gloves market is thriving due to the popularity of boxing as both a sport and a fitness activity. Innovation in glove design, materials, and brand endorsements by Filipino athletes are boosting sales.
The Philippines boxing gloves market is expanding as boxing continues to grow in popularity, not only in professional settings but also as a fitness trend. Boxing gloves are essential equipment for both training and competitive boxing, and the market is seeing increasing demand for gloves that offer better protection, comfort, and performance. As more people engage in boxing for fitness or sport, the demand for various types of gloves, including those made from advanced materials and innovative designs, is on the rise. This growth is also influenced by the increasing number of local and international boxing events being held in the country.
The boxing gloves market in the Philippines faces challenges related to product differentiation, competition from low-cost imports, and concerns over the durability and safety of gloves. As a growing number of recreational and professional boxers enter the sport, the demand for higher-quality and specialized gloves increases. However, the high cost of premium gloves remains a barrier for many consumers, especially in rural areas.
The Philippines Boxing Gloves Market is expanding as boxing continues to grow in popularity, both as a professional sport and as a fitness activity. Boxing gloves are critical for safety and performance during training and competitive events. With an increasing number of boxing gyms and fitness enthusiasts in the Philippines, there is a significant market for high-quality, comfortable, and durable gloves. Investment opportunities exist in developing customizable and ergonomically designed gloves that enhance performance and reduce the risk of injury.
Specific to boxing gloves, the government enforces product standards to protect athletes. The Department of Trade and Industry (DTI) sets quality guidelines, ensuring gloves meet durability and safety requirements. Import regulations are also in place to control counterfeit or substandard gloves entering the market. Local manufacturers are supported under the governments sports development programs, aiming to strengthen domestic production.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Boxing Gloves Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Boxing Gloves Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Boxing Gloves Market - Industry Life Cycle |
3.4 Philippines Boxing Gloves Market - Porter's Five Forces |
3.5 Philippines Boxing Gloves Market Revenues & Volume Share, By Glove Type, 2021 & 2031F |
3.6 Philippines Boxing Gloves Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Philippines Boxing Gloves Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Boxing Gloves Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Philippines Boxing Gloves Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in combat sports and fitness activities in the Philippines |
4.2.2 Rise in disposable income leading to increased spending on sports gear |
4.2.3 Presence of renowned boxing athletes and trainers promoting the sport |
4.3 Market Restraints |
4.3.1 Competition from other sports equipment manufacturers |
4.3.2 Price sensitivity among consumers in the Philippines |
4.3.3 Limited distribution channels for specialized boxing gear |
5 Philippines Boxing Gloves Market Trends |
6 Philippines Boxing Gloves Market, By Types |
6.1 Philippines Boxing Gloves Market, By Glove Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Boxing Gloves Market Revenues & Volume, By Glove Type, 2021- 2031F |
6.1.3 Philippines Boxing Gloves Market Revenues & Volume, By Bag Gloves, 2021- 2031F |
6.1.4 Philippines Boxing Gloves Market Revenues & Volume, By Sparring Gloves, 2021- 2031F |
6.1.5 Philippines Boxing Gloves Market Revenues & Volume, By Competition Gloves, 2021- 2031F |
6.2 Philippines Boxing Gloves Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Boxing Gloves Market Revenues & Volume, By PU leather, 2021- 2031F |
6.2.3 Philippines Boxing Gloves Market Revenues & Volume, By Genuine Leather, 2021- 2031F |
6.2.4 Philippines Boxing Gloves Market Revenues & Volume, By Microfiber Leather, 2021- 2031F |
6.3 Philippines Boxing Gloves Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Boxing Gloves Market Revenues & Volume, By Amateur Boxing, 2021- 2031F |
6.3.3 Philippines Boxing Gloves Market Revenues & Volume, By Professional Boxing, 2021- 2031F |
6.4 Philippines Boxing Gloves Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Philippines Boxing Gloves Market Revenues & Volume, By Online Distribution Channel, 2021- 2031F |
6.4.3 Philippines Boxing Gloves Market Revenues & Volume, By Offline Distribution Channel, 2021- 2031F |
7 Philippines Boxing Gloves Market Import-Export Trade Statistics |
7.1 Philippines Boxing Gloves Market Export to Major Countries |
7.2 Philippines Boxing Gloves Market Imports from Major Countries |
8 Philippines Boxing Gloves Market Key Performance Indicators |
8.1 Number of boxing gyms and training centers in the Philippines |
8.2 Participation rates in boxing events and competitions |
8.3 Online engagement and social media presence of boxing gear brands |
9 Philippines Boxing Gloves Market - Opportunity Assessment |
9.1 Philippines Boxing Gloves Market Opportunity Assessment, By Glove Type, 2021 & 2031F |
9.2 Philippines Boxing Gloves Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Philippines Boxing Gloves Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Boxing Gloves Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Philippines Boxing Gloves Market - Competitive Landscape |
10.1 Philippines Boxing Gloves Market Revenue Share, By Companies, 2024 |
10.2 Philippines Boxing Gloves Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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