Global Motorcycle Racing Apparel Market Outlook, Leading Players, High-Growth Segments, Development Trends, Drivers, Opportunties And Forecast To 2032 || Alpinestars SpA, Dainese SpA, Fox Head Inc., Scott Sports SA

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the motorcycle racing apparel market report by The Business Research Company, the increasing number of accidents is driving the growth of the motorcycle racing apparel market. The number of accidents is increasing mainly due to speeding/reckless driving followed by other reasons such as the absence of safe procedures, open violation of the traffic rules by the drivers, poor road lighting increasing encroachment, and others. Motorcycles are more prone to accidents as motorcyclists and their passengers are more exposed to weather and road risks than drivers in enclosed automobiles. This rise in the number of accidents will create a huge demand for motorcycle racing apparel and gears that act as a protective shield to ensure the safety of riders and provide comfort during the ride.

The global motorcycle racing apparel market size grew from $1.86 billion in 2022 to $2.04 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The motorcycle racing apparel market size is expected to grow to $2.46 billion in 2027 at a CAGR of 4.8%.

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Major competitors in the motorcycle racing apparel market include Alpinestars SpA, Dainese SpA, Fox Head Inc., Scott Sports SA, ThorMX, FirstGear, Gerbing Heated, ICON Motosports, Klim, REV'IT!, SIDI, RST, Furygan, Vardenchi and Tucano Urbano.

The motorcycle racing apparel market is segmented -

• By Type: Clothing, Footwear, Protection Gear

• By Distribution Channel: Non-Store, Store Built

• By Application: Competitive Race, Recreation

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the motorcycle racing apparel market.

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The motorcycle racing apparel market consists of sales of helmets, jackets, suits, boots, and gloves. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Motorcycle Racing Apparel Market Include:
1. Executive Summary
2. Motorcycle Racing Apparel Market Characteristics
3. Motorcycle Racing Apparel Market Trends And Strategies
4. Motorcycle Racing Apparel Market - Macro Economic Scenario
5. Motorcycle Racing Apparel Market Size And Growth
6. Motorcycle Racing Apparel Market Segmentation
.........
27. Motorcycle Racing Apparel Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Motorcycle Racing Apparel Market
29. Motorcycle Racing Apparel Market Future Outlook And Potential Analysis
30. Appendix

The "Global Motorcycle Racing Apparel Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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