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Global Motorcycle Riding Gloves Market Prospects and Estimations Forecasted during 2017-2022

07-04-2018 06:55 AM CET | Sports

Press release from: Fact.MR

Fact.MR

Fact.MR

Motorcycle riding gloves are an integral part of biking. Besides being a style statement, motorcycle riding gloves are necessary because the keep the fingers and palms of the motorcycle rider protected. Apart from this important functionality, the motorcycle riding gloves also help the riders to cover their hands and get a better grip to hold on to the bike. Due to the fact that the palms of the gloves are made up of extra friction material, allowing the biker to get a better grip on the handle of the bike and operate the accelerator or the break as demanded by the situation. Motorcycle riding gloves are essential as they offer protection to the biker and are an absolute necessity in adverse weather conditions like when it is too cold or raining. A boom in the adventure riding is a factor boosting the sales of motorcycle riding gloves.

Motorcycle riding gloves are typically manufactured from leather. The motorcycle riding gloves contain mechanism that protect the fingers, palm and hand of the rider from injury and help reduce drafts while biking in colder climates. The motorcycle gloves also protect the hands of the rider from injuries due to abrasion in case of an accident and allows for a better grip on the handle of the motorcycle in wet conditions like when it is raining.

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3 Forecast Highlights on Global Motorcycle Riding Gloves Market

1. As per the forecast of FactMR, the negative cut goalkeeper gloves segment is slated to touch a value of nearly US$ 23 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The negative cut goalkeeper gloves segment is estimated to account for more than one-fifth of the revenue share of the glove type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2. As per the forecast of FactMR, the franchised sports outlet segment will reach a value of nearly US$ 16 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.

3. As per the forecast of FactMR, the individual buyer type segment is slated to reach a value of nearly US$ 56 Mn in 2022. The individual buyer type segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.

Roll Finger Goalkeeper Gloves Segment Poised to Touch a Value of Nearly US$ 28 Mn in 2022

As per the forecast of FactMR, the roll finger goalkeeper gloves segment is expected to reach a value of nearly US$ 28 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Roll finger goalkeeper gloves segment is expected to account for more than one-fourth of the revenue share of the glove type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

APEJ Market Set to Dominate the Global Motorcycle riding gloves Market in Terms of Revenue

The market in APEJ is set to dominate the global motorcycle riding gloves market in terms of value and this trend is projected to sustain itself throughout the assessment period. APEJ motorcycle riding gloves market is the most attractive market, growing at a sluggish CAGR over the assessment period.

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Independent Sports Outlet Segment to exhibit a CAGR of 1.9% During the Assessment Period

As per the forecast of FactMR, the independent sports outlet segment is slated to touch a figure of US$ 10 Mn in the year 2022. This represents a CAGR of 1.9% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The independent sports outlet segment is expected to account for one-tenth of the revenue share of the sales channel segment by the year 2017.

Table of Contents:

1. Global Motorcycle Riding Gloves Market – Executive Summary

2. Global Motorcycle Riding Gloves Market Overview

3. Global Motorcycle Riding Gloves Market Analysis and Forecast By Glove Type

4. Global Motorcycle Riding Gloves Market Analysis and Forecast By Sales Channel
4.1. Global Motorcycle Riding Gloves Market Size and Forecast By Sales Channel, 2012-2022
4.1.1. Independent Sports Outlet Motorcycle Riding Gloves Market Size and Forecast, 2012-2022
4.1.1.1. Revenue (US$ Mn) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. Franchised Sports Outlet Motorcycle Riding Gloves Market Size and Forecast, 2012-2022
4.1.2.1. Revenue (US$ Mn) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

5. Global Motorcycle Riding Gloves Market Analysis and Forecast By Buyer Type
5.1. Global Motorcycle Riding Gloves Market Size and Forecast By Buyer Type, 2012-2022
5.1.1. Individual Motorcycle Riding Gloves Market Size and Forecast, 2012-2022
5.1.1.1. Revenue (US$ Mn) Comparison, By Region
5.1.1.2. Market Share Comparison, By Region
5.1.1.3. Y-o-Y growth Comparison, By Region

Continued…….

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About FactMR

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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