Global Punching Bag market will reach 71 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/13

The growing interest in self-defence is paving way for a number of sports such as boxing. The primary reason for the growth of global punching bag market is the increasing demand for boxing and kickboxing as sports and fitness routines. This equipment is also helpful in a muscle growth and upper body workout. In recent past, the sports industry had witnessed a surge in the number of tournaments worldwide, which has helped to boost sales of punching bags for boxing.

The global punching bag market was worth US$56 mn in 2018 and the report suggests that the market will reach US$71 mn by 2025 at a steady CAGR of 3.5%.

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