Global Martial Art Weapon Market: Overview
Unlike other sports accessories and equipment, martial arts require a vast domain of weaponry. The horizon of martial art weapon ranges from harmless fighting fans to lethal weapons such as daggers, swords, knives, nunchucks and many more.
The martial art weapons are used in the training arena under the supervision of trained experts. However, it is also crucial to realize that the mastery of these weapons turns out to be an essential part of the development as a martial artist. These potentially life-threatening martial art weapon require highly skilled handling as well as manufacturing and thus, the market for martial art weapon is gaining exceptional global attention.
With the increasing availability of advanced martial art weapon and rising government efforts to promote the sports, participation in martial arts across the world has increased significantly over the past few years.
The martial art weapon market is likely to witness robust growth owing to the booming popularity of the sport as a recreational activity.
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Global Martial Art Weapon Market: Segmentation
The martial art weapon market is segmented on the basis of working, buyer, sales channel and region.
The market is divided into six regions:
- North America
- Latin America
- Asia Pacific excluding Japan (APEJ)
- Middle East and Africa (MEA)
Martial art weapon working type includes projectile, impact, edged, pointed, flexible, defensive and combination. However, the edged type martial art weapon accounts for the leading share in sales of martial art weapon market. The key buyer types comprise of individual, institutional and promotional.
Concerning sales channels martial art weapon market can be classified into, independent sports outlets, sports retail chain, direct-to-customer online channel, direct-to-customer institutional channel, modern trade channels and third-party online channels.
Among these, modern trade channel is anticipated to dominate global martial arts weapon market throughout the forecast period.
Provided for Major Regions as Follows:
North America (USA, Canada and Mexico)
Europe (Germany, France, the United Kingdom, Netherlands, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, rest of countries, etc.)
Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Nigeria, and South Africa)
- Strategies of key players and Products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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Global Martial art weapon market Key Players
Some of the key players of the martial art weapon market are listed as below:
- Century LLC
- Asian World of Martial Arts, Inc.
- Martial Art Shop
- KMC Martial Arts Inc.
- Golden Tiger Martial Art
- BrassK LLC.
- The Martial Arts Store
- KarateMart Martial Arts Supplies
-Market Size & Forecast by Revenue | 2018 to 2028
-Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
-Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
Global Martial Art Weapon Market: Dynamics
There are around 160 types of martial arts currently existing, and more than 80% of them require martial art weapon in practice. Nevertheless, martial arts are also being promoted by the government for self-defence awareness, particularly among women.
Alternate factors driving the martial art weapon market is the increased fitness and health awareness amongst the vast majority of working population. Thus, manufacturers of martial art weapons are becoming more concerned regarding the quality of martial art weapon and other gears and equipment.
As most individuals are indulging in martial arts as a recreational hobby or a modern sport for fitness, media also has an impact on the increasing participation in martial arts around the world.
Various films, as well as TV shows, have contributed majorly in boosting the profile of martial arts, which is reflecting in a significant spike in inquiries at various martial arts training centres and academies around the globe.
However, due to a large number of accidents, while using and practicing martial art weapons, there is still a majority of the population that would prefer other alternate sports and this can certainly hamper the sales of martial arts weapon market.
Moreover, the expertise in handling martial art weapon require longer time as compared to other sports leading to less audience for the market.
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