Bicycle Apparel and Accessories Market Size to Reach USD 10,100.0 Million Globally with Growing CAGR of 5.8% by 2029, Share, Demand, Industry Trends, Growth Opportunities and Revenue Outlook
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The Bicycle Apparel and Accessories Market is expected to witness market growth at a rate of 5.8% in the forecast period of 2021 to 2028 and is expected to reach the value of USD 10,100.0 million by 2028. Data Bridge Market Research report on Bicycle Apparel and Accessories Market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. Rapid urbanization is escalating the growth of Bicycle Apparel and Accessories Market.
Bicycle apparels refer to the type of clothing designed for wearing while cycling as it provides comfort and safety to the rider. These apparels include jerseys and tees, gloves, pants and shorts, and socks. Bicycle accessories are defined as the components related to bicycle consisting of protection gears, bottle cages, and mirrors.
The increase in the number of triathletes across the globe acts as one of the major factors driving the growth of Bicycle Apparel and Accessories Market. The rise in prevalence of health-related problems, such as high blood pressure, diabetes, and obesity, amongst the youth and middle-aged people, and growth in awareness related to health and fitness among consumers accelerate the market growth. The high recommendations by doctors and health trainers for regular cycling practices to people to reduce the ill effects of many aforementioned medical conditions, and rise in interest towards riding bicycles as a sustainable mode of transportation in urban areas further influence the market. Additionally, increase in disposable income of people, smart strategic marketing activities by manufacturers, and high e-commerce sales channels positively affect the Bicycle Apparel and Accessories Market. Furthermore, product launches extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, rise in number of private label manufacturers is expected to obstruct the market growth. The decrease in regional and international cycling competitions owning to the outbreak of coronavirus is projected to challenge the Bicycle Apparel and Accessories Market in the forecast period of 2021-2028.
This Bicycle Apparel and Accessories Market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Bicycle Apparel and Accessories Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The major players covered in the Bicycle Apparel and Accessories Market reports are Lumiere Cycling, GIRO SPORT DESIGN, Manifattura Valcismon S.p.A., Rapha Racing Limited, Champion System, USA, United Apparel Solution Ltd., ASSOS of Switzerland GmbH, Endura, Isadoreapparel, 2XU, Specialized Bicycles, Adidas, Black Sheep Cycling, Upland Sports Group, Giant Bicycles, Rapha Racing Limited, Trek Bicycle Corporation, Velocio, and Ornot Online Store., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America separately. DBMR analysts understand.
Bicycle Apparel and Accessories Market Scope and Market Size
The Bicycle Apparel and Accessories Market is segmented on the basis of type, category, and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
On the basis of material, the Bicycle Apparel and Accessories Market is segmented into helmets, jerseys and tees, gloves, pants and shorts, shoes, goggles and glasses, protection gears, socks, and others.
On the basis of category, the Bicycle Apparel and Accessories Market is segmented into mountain bikes, road bikes, city bikes, and others.
On the basis of distribution channels, the Bicycle Apparel and Accessories Market is segmented into store-based and non-store-based. Store-based is further segmented into supermarkets and hypermarkets, convenience stores, and others.
Global Bicycle Apparel and Accessories Market Country Level Analysis
The Bicycle Apparel and Accessories Market is analyzed, and market size, volume information is provided by country, type, category, and distribution channel as referenced above.
The countries covered in the global Bicycle Apparel and Accessories Market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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