Motorcycle Riding Gear Market, Key Vendors, Segment, Growth Opportunities by 2016 to 2030

Market Snapshot
In 2021, the market for riding gear was estimated to be worth USD 11.4 billion, and by 2027, it is expected to be worth USD 16.9 billion, growing at a CAGR of 6.84%. (2022 - 2027).
The COVID-19 pandemic had a detrimental effect on the market in 2020. The production of bikes, accessories, and riding gear was put on hold as a result of the lockdown restrictions imposed by governments around the world. The use of riding equipment and bikes almost disappeared due to the lack of activity.
Since customers in emerging economies may buy 300-400 cc bikes at relatively low rates over the past few years, motorcycle sales have steadily increased in the medium term. Additionally, the introduction of well-known bike manufacturers like Aprilia, Ducati, and Harley Davidson in these nations helped the industry expand. The demand for riding gear is also being driven by the rising interest in bike racing among millennials and the tempting discounts offered by motorcycle manufacturers that include jackets, gloves, and helmets in their packages. The use of social media has significantly boosted the recognition of many riding gear manufacturers' brands. Millions of people participate in online groups where internet influencers discuss different riding gear. Numerous travel agencies provide affordable bike touring packages that include

Why is there such a high demand for riding gear?
An increase in motorcycle sales, notably in Asia-Pacific, and end users' preferences for and understanding of the increased safety and comfort provided by riding gears are a few factors contributing to the market's growth. In wealthy economies, high-capacity performance bikes account for a sizable portion of sales, and enthusiasts rather than daily commuters are more likely to buy them. Due to the affordability of 300-400cc motorcycles in emerging markets, motorcycle sales have been gradually rising in recent years. The introduction of well-known motorcycle brands like Harley Davidson, Ducati, and Aprilia into these nations contributed to the growth of the riding gear industry.

The growing popularity of motorcycle riding among Indian youth and appealing motorcycle manufacturer bargains for jacks, riding gloves, and caskets as auxiliary gear are the two main factors driving the Indian riding gear industry. Several riding gear companies benefit from increased brand awareness thanks to social media exposure. Internet forums that provide information on various equipment by online influencers are followed by hundreds of thousands of users. One key motivator is the availability of inexpensive bike tours from various travel agencies. The development of product features like Bluetooth connectivity in helmets, which enable users to make phone calls, listen to music, and receive driving instructions, contributed to the increase in demand for these accessories.

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Global Motorcycle Riding Gear Market: Major Players
Airoh
Suomy
YEMA
LAZER
Shark
Shoei
Bell
YOHE
Arai
OGK Kabuto
PT Tarakusuma Indah
HJC
Jiujiang Jiadeshi
Pengcheng Helmets
NZI
Zhejiang Jixiang
AGV
Safety Helmets MFG
Studds
Nanhai Xinyuan Helmets
Chih Tong Helmet
Nolan
Hehui Group
Schuberth

Global Motorcycle Riding Gear Market: Types
Motorcycle Safety Equipments
Motorcycle Apparel

Global Motorcycle Riding Gear Market: Applications
Online sales
Specialty Store
Other Stores

Global Motorcycle Riding Gear Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Motorcycle Riding Gear market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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