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The fencing equipment market share is expected to increase to USD 66.96 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.22%.
This fencing equipment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers fencing equipment market segmentations by application (women, men, and others), product (protective clothing, fencing weapons, and fencing masks), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The fencing equipment market report also offers information on several market vendors, including Absolute Fencing Gear Inc., Alliance Fencing Equipment LLC, Allstar Uhlmann UK Ltd., Ally Sports Equipment Co. Ltd., American Fencers Supply Co., Blade Brand, Blue Gauntlet Fencing, Bopac Sports Co. Ltd., CARMIMARI Srl, Excalibur Sports Ltd., Leon Paul Equipment Co. Ltd., Negrini L. and F. snc, PBT Hungary Ltd., Radical Fencing LLC, SAS Prieur Sports, StM Fencing, The Fencing Forge, Triplette Competition Arms, Uhlmann Fencing GmbH and Co. KG, and Zivkovic Modern Fencing Equipment Inc. among others.
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Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing popularity of combat sports is notably driving the fencing equipment market growth, although factors such as the high cost of fencing equipment may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the fencing equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Fencing Equipment Market Driver
The growing popularity of combat sports is one of the key drivers fueling the fencing equipment market growth. Fencing is now becoming a popular sport due to the various health benefits that it offers. For instance, the fast and intense pace of the game involves intense footwork, which is a worthy aerobic workout and burns a significant number of calories and helps improve the functioning of the cardiovascular system. On average, a woman with a weight of 150 pounds can burn about 400 calories per hour through a fencing workout or match. Moreover, fencing practice and matches help counter stress and release extreme frustration and tension through controlled aggression. It enhances observation power and competitive interaction. These mental and physical health benefits will drive the fencing equipment market growth during the forecast period.
Key Fencing Equipment Market Trend
Advancements in fencing technology is one of the key fencing equipment market trends positively impacting the market growth. Fencing robots primarily assist fencers in their training, warming up, and preparing for different competitions, its pace can be raised to a variety of levels to assist fencers in becoming stronger and more competitive. Meanwhile, several safety features, such as ultrasonic range finders and electric safety edges, are installed in the front and back of the fencing robots to prevent collision with the athlete or the surrounding. As a result, Fencing robots allow fencers to constantly practice, improve their endurance and speed, and sharpen their skills. Thus, such technological advancements will encourage more participation in fencing sport, which, in turn, will drive the growth of the global fencing equipment market during the forecast period.
Key Fencing Equipment Market Challenge
The high cost of fencing is one of the key factors challenging the fencing equipment market growth. Fencing is significantly an expensive sport that requires high-cost swords, uniforms, and masks. In addition to the high cost of equipment and equipment replacement, athletes are required to pay for learning lessons. The cost of these lessons varies from beginner lessons to private lessons. The overall expense of fencing also includes association membership fees. Thus, such high costs often impact the purchasing decisions of athletes and limit the widespread adoption of fencing as a sport. Such high associated costs are anticipated to propel the fencing equipment market growth during the forecast period.
This fencing equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the fencing equipment market encompasses successful business strategies deployed by the key vendors. The fencing equipment market is fragmented and the vendors are deploying growth strategies such as price, quality, innovation, service, reputation, and distribution to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The fencing equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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32% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the fencing equipment market in North America. Market growth in this region will be slower than the growth of the market in APAC.
The increasing interest in fencing sports among the population will facilitate the fencing equipment market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
.In 2020, the outbreak of COVID-19 affected the regional market. However, the relaxation of lockdown measures, reopening of manufacturing units of fencing equipment, and the redesign of distribution channels in the first half of 2021 due to the large-scale vaccination drive in the region stabilized the growth of the market. Also, the vendors of the market in focus are increasingly adopting e-commerce channels to increase their sales in the region. Thus, all these factors will propel the growth of the regional fencing equipment market during the forecast period.
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The fencing equipment market share growth by the women segment will be significant during the forecast period. Fencing is gaining popularity among women as it is a gender-independent individual sport that offers mental and physical health benefits. As a result, the participation of women in this sport is increasing. Growing awareness about achieving physical fitness through active workouts such as fencing is driving the participation of women in the fencing sport. Such increasing participation of women will drive the fencing equipment market growth during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the fencing equipment market size and actionable market insights on post COVID-19 impact on each segment.
Technavio categorizes the global fencing equipment market as a part of the global leisure products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the fencing equipment market during the forecast period.
Our report provides extensive information on the value chain analysis for the fencing equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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Fencing Equipment Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.22% |
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Market growth 2022-2026 |
$ 66.96 million |
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Market structure |
Fragmented |
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YoY growth (%) |
4.4 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 32% |
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Key consumer countries |
US, Canada, China, Japan, and Russia |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Absolute Fencing Gear Inc., Alliance Fencing Equipment LLC, Allstar Uhlmann UK Ltd., Ally Sports Equipment Co. Ltd., American Fencers Supply Co., Blade Brand, Blue Gauntlet Fencing, Bopac Sports Co. Ltd., CARMIMARI Srl, Excalibur Sports Ltd., Leon Paul Equipment Co. Ltd., Negrini L. and F. snc, PBT Hungary Ltd., Radical Fencing LLC, SAS Prieur Sports, StM Fencing, The Fencing Forge, Triplette Competition Arms, Uhlmann Fencing GmbH and Co. KG, and Zivkovic Modern Fencing Equipment Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Market Segmentation by Product
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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