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[BUSINESS] · Japan · 2 sources

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Global karate gi market projected to reach $226 million by 2031

A new market research report from YH Research indicates that the global karate gi market is projected to grow at a compound annual growth rate (CAGR) of 5.0%, reaching an estimated value of $226 million by 2031.

Growth is attributed to rising global health consciousness, increased interest in Eastern martial arts, and the expansion of karate as a sport and educational tool. The market is seeing increased participation from women and senior demographics.

The competitive landscape is relatively concentrated, with the top ten companies—including Adidas, Mizuno, Tokaido, and Shureido—accounting for approximately 45.0% of total sales as of 2024.

Entities

Mizuno · YH Research