Press release
Overview of the regional outlook of the Motorcycle Apparel Market : Industry Size, Share and forecast to 2028
The global motorcycle apparel market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The rise in road traffics accidents is anticipated to drive the growth of the global motorcycle apparel market. According to the data published by WHO in 2021, road traffic injuries are the leading cause of mortalities in children and young adults aged 5-29 years and about 73.0% of all road traffic injuries occur among young males under the age of 25 years. Approximately 1.3 million mortalities occur annually as a result of road traffic crashes. More than 90.0% of the world's fatalities on the roads occur in low - and middle-income countries. Moreover, an estimated 20 million - 50 million people suffer from non-fatal injuries, with many incurring a disability as a result of their injury. Thus, the adoption of motorcycle apparel such as helmets, gloves, riding pants, and others are anticipated to avoid major injuries, which in turn will fuel the demand for the global motorcycle apparel market.A full report Motorcycle Apparel Market of is available at: https://orionmarketreports.com/motorcycle-apparel-market/105235/
Looking toward the demand for motorcycle apparel, key market players are adopting various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in July 2021, Studds Accessories Ltd. launched motorcycle riding jackets. The riding jackets are equipped with elbow straps and multi-purpose pockets for carrying necessary things. Moreover, the back protector and shoulder protector promise safety to the rider in case of collision. Further, in June 2020, Royal Enfield launched apparel and riding gear range for women in India. The launch aimed at enhancing the motorcycle experience for women riders. Such launches are anticipated to drive the growth of the global motorcycle apparel market during the forecast period.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
oBy Type
oBy Application
Regions Covered-
oNorth America
oEurope
oAsia-Pacific
oRest of the World
Competitive Landscape- Chih Tong Helmet Co.Ltd., Vega Helmet USA, and Spartan PRoGear Co. among others
Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How has COVID-19 impacted the market?
oDeviation from the pre-COVID-19 forecast
oMost affected region and segment
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?
Global Motorcycle Apparel Market Report by Segment
By Type
Jacket
Glove
Pants
Protector
Shoes
Helmets
Base Layers
By Application
Road Motorcycle Apparel
Off-Road Motorcycle Apparel
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic coverage
North America market size and/or volume
Latin America market size and/or volume
Europe market size and/or volume
Asia-pacific market size and/or volume
Rest of the world market size and/or volume
Recent Developments
Market Overview and growth analysis
Import and Export Overview
Volume Analysis
Current Market Trends and Future Outlook
Market Opportunistic and Attractive Investment Segment
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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