Heavy Bag Stands Market REPORT OVERVIEW
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The global heavy bag stands market size was USD 146.8 million in 2021 and market is projected to touch USD 203.7 million by 2031, at a CAGR of 3.3% from 2021 to 2031.
A popular boxing accessory at the gym and at home is the heavy bag stand. It is incredibly practical to utilize in tiny spaces and doesn't need any special layouts. A quality punching bag and bracket combination can save you money and keep you from getting into any unneeded problems, like falling, causing damage to your roof, or needing to make additional arrangements. Its extremely durable structure allows for long-term use and can stably keep big bags in place. It is a platform for boxing training and one of every boxer's essential equipment.
When using a heavy body bag, a support stand is put partially underneath a platform on which the user is seated. This stand uses the boxer's weight to anchor the body bag to the ground. In order to provide a sturdy platform, the stand supports the platform along one edge. Conduit is used to make the support stand, and conduit braces are connected by connecting means.
COVID-19 Impact: The Lockdown Forced People to Stay at Home and Hampered the Market
The COVID-19 is causing severe harm to the consumer goods and infrastructure industry. The lockdown is among the most significant factor which created setbacks and forced people to stay at home. Furthermore, once the enormity of the situation became clear, the majority of firms closed their doors. As a result, the heavy bag stands market share fell precipitously. However, after the pandemic, it is expected that public areas would install heavy bag stands arenas. The pandemic's efforts to raise awareness are to blame. Furthermore, it is expected that a surge in health consciousness would drive heavy bag stands market growth throughout the research time-frame.
LATEST TRENDS
"The Muay Thai Bag Stand with Underlying Specifications to Propel the Market"
It's understandable that Outslayer produces the greatest heavy bag stand for combat sports of all types, as well as the best muay thai bag, given their devotion with quality. It's ideal for powerful hitters and experienced boxers who could utilize the extra weight, to start. It has a high weight restriction and can support up to a 350-pound heavy bag because it is constructed in the USA from premium 11-gauge steel. Additionally, you can tuck it neatly and without taking up much space into a corner of your home or gym thanks to the compact, triangular base. We appreciate that it has four sandbags that have already been loaded so you won't have to use your priceless weight plates to weigh down the legs.
Heavy Bag Stands Market SEGMENTATION
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- By Type
Based on type; the market is divided into wall-mounted, standing type and others.
- By Application
Based on the application; the market is divided into professional training occasions, family and others.
DRIVING FACTORS
"Demand for Boxing as A Sports Activity to Bolster the Market Growth"
Asia Pacific nations like Thailand, China, Japan, and other nations in Southeast Asia are home to many martial artists and martial arts are a popular sport there. A rise in the number of MMA athletes in Asia Pacific is being attributed to the popularity of professional martial arts, which in turn is driving up demand for training tools like heavy bag stands there. Boxing and kickboxing are becoming more and more popular, which is driving up the need for training tools like heavy bag stands in various configurations. Similar to how the popularity of MMA is growing the number of MMA professional athletes, MMA is raising the popularity of combat sports globally. The heavy bag stands market is becoming more and more popular as MMA athletes become more prevalent.
"The Rising Popularity of Boxing in the World of Fitness to Attract the Market Share "
In the field of fitness, armature kickboxing is becoming more and more well-liked since it helps with weight loss and slows the progression of cardiovascular diseases. Punching bags and other kick boxing training gear are in greater demand due to the rise in fitness activity involvement worldwide.
RESTRAINING FACTORS
"The High Installation Cost to Hold Back the Market Growth"
The price of the sturdy bag stands very sturdy. The durable, long-lasting weight of the bag stands allows buyers to indulge in higher pricing. However, the high maintenance and installation cost can hamper the heavy bag stands market share.
Heavy Bag Stands Market REGIONAL INSIGHTS
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"North American Region to Lead the Market with Active Participation "
Over the course of the projection period, North America is anticipated to be a significant market for heavy bag stands worldwide. In North America, the heavy bag stand market share is anticipated to be dominated by the United States. Sports involving boxing have a history in the US. American culture has been captivated for years by legendary U.S. professional boxers like Muhammad Ali and Mike Tyson. The demand for training tools like heavy bag stands is rising as kick boxing and mixed martial arts, which are becoming more and more popular together with boxing, attract more professional martial artists to the United States. In North America, Canada is the second-most significant market. This is significantly contributing to the heavy bag stands market growth.
KEY INDUSTRY PLAYERS
"Prominent Industry Players in the Industry to Promote Market Expansion"
The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.
List of Market Players Profiled
- Amber Sports (Finland)
- Century (India)
- Everlast (U.S.A)
- XMark Fitness (U.S.A)
- Power Systems (U.S.A)
- Title Boxing (U.S.A)
- Wesing (China)
- CSK (China).
REPORT COVERAGE
This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report. The report covers the information on the advancement outlooks with new inventions and SWOT analysis.The market elements situation, with the development areas of the market in the upcoming years. Market segmentation information including the subjective and quantitative research including the effect of financial and strategy viewpoints are discussed in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 146.8 Million in 2021 |
Market Size Value By |
US$ 203.7 Million by 2031 |
Growth Rate |
CAGR of 3.3% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the heavy bag stands market expected to touch by 2031?
The global heavy bag stands market is projected to touch USD 203.7 million by 2031.
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What CAGR is the heavy bag stands market expected to exhibit by 2031?
The heavy bag stands market is expected to exhibit a CAGR of 3.3% by the forecasted year 2031.
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What are the driving factors of the heavy bag stands market?
Demand for boxing as a sport and the rising popularity of boxing in the world of fitness are the driving factors of heavy bag stands market.
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Which are the top companies operating in the heavy bag stands market?
Amber Sports, Century, Everlast, XMark Fitness, Power Systems, Title Boxing, Valor Athletics, Balazs Inc, Outslayer, Ringside, JIESENG, Menglong, Wesing, CSK, JINTELI and others.