Riding Gear Market Set to Reach $29.4 Billion by 2033, Says Fact.MR Analysis

According to Fact.MR, a leading provider of market research and competitive intelligence, the global Riding Gear Market is valued at US$ 19.3 billion in 2023 and is anticipated to grow at a CAGR of 6.2% from 2023 to 2033.

The growing popularity of motorcycling as both a recreational and commuting activity across various demographics has been a significant driver of market expansion. This surge in popularity has prompted an increased emphasis on safety among riders, leading to a notable uptick in the adoption of riding gear such as helmets, gloves, jackets, and protective pads. As more individuals engage in the exhilarating experience of motorcycling, recognizing the importance of these safety measures has become increasingly essential.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7033

Advancements in technology have spurred the creation of cutting-edge, top-tier gear that not only offers exceptional protection but also prioritizes comfort, breathability, and fashion. Modern riders are increasingly selective, desiring gear that not only guarantees their safety but also aligns with their lifestyle choices.
With strict regulations and safety protocols enforced in numerous countries, the demand for certified riding gear has surged, prompting enthusiasts to opt for premium offerings. Consequently, the global riding gear market remains buoyant, mirroring the shifting tastes and heightened safety awareness among riders across the globe.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐓𝐫𝐞𝐧𝐝𝐬:

The riding gear market is experiencing notable growth trends driven by several factors. Increased participation in outdoor recreational activities such as motorcycling, cycling, and horseback riding is contributing to rising demand for riding gear. Additionally, growing awareness about safety measures among enthusiasts and regulatory requirements for protective gear are further fueling market expansion.

Moreover, advancements in material technologies are enhancing the quality, comfort, and safety features of riding gear, attracting more consumers. The rise of e-commerce platforms has also made riding gear more accessible to a wider audience, facilitating market growth.

Furthermore, the increasing popularity of adventure tourism and leisure activities involving riding has spurred demand for specialized gear tailored to different environments and terrains. This trend is expected to continue driving market growth in the coming years.

Overall, the riding gear market is characterized by robust growth trends driven by evolving consumer preferences, technological advancements, and expanding recreational opportunities.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝

• Eicher Motors Limited - Royal Enfield
• Steelbird Hi-Tech Global Ltd.
• Vega Auto Accessories Pvt. Ltd.
• S- Mart Kumar Impex Pvt. Ltd. (SMK Helmets)
• Rynox Gears Pvt. Ltd.
• Dirtsack
• Studds Accessories Ltd.
• LS2 Helmets Global
• Spartan ProGear Co.
• Aerostich
• Mototech Industries
• Resurgence Gear
• Biking Brotherhood
• Solace Gears
• MT Helmets
• Alpinestars S.p.A.
• Dainese S.p.A.
• REV'IT! Sport International B.V.
• Icon Motosports, Inc.
• Arai Helmet, Ltd.
• Shoei Co., Ltd.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

In recent years, major riding gear companies have focused on product innovation by investing in research and development to create cutting-edge riding gear with improved features, safety measures, and aesthetics. They are establishing strategic partnerships with manufacturers, distributors, and retailers to expand their market presence and enter new territories.

e-Commerce and digital platforms are utilized extensively, providing customers with a convenient purchasing process and a global market reach. To foster brand loyalty, companies enhance their customer experience through exceptional post-sales services, warranty programs, and user communities.

• In October 2022, Steelbird Hi-tech India Limited, Asia's leading helmet manufacturer, accomplished the launch of 117 RiderZ Shoppe retail stores in India, Bangladesh, and Cambodia. Currently, the company is focused on expanding its footprint further, aiming to establish 1,000 more Steelbird RiderZ Shoppe outlets within the next two years.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐑𝐢𝐝𝐢𝐧𝐠 𝐆𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

• By Product Type :
o Motorcycle Riding Gear
 Helmets
 Jackets
 Pants & Riding Suits
 Gloves
 Boots
 Protective Gear Accessories (Armor Inserts, Back Protectors)
o Bicycle Riding Gear
 Helmets
 Jerseys & Tops
 Shorts & Bottoms
 Gloves
 Shoes & Footwear
 Protective Pads & Guards
o Equestrian Riding Gear
 Riding Helmets
 Equestrian Clothing (Jackets, Breeches, Show Shirts)
 Riding Boots
 Gloves
 Safety Vests & Protective Gear
 Riding Accessories (Whips, Spurs, etc.)

• By Material :
o Leather
o Textiles (Including Synthetic Fabrics & Blends)
o Composite Materials (Mix of Textiles & Protective Materials)
o Natural Fibers (e.g., Cotton for Casual Riding Attire)
o High-Tech Fabrics (Innovative Materials for Advanced Protection)

• By Customer Orientation :
o Men
o Women
o Kids

• By Distribution Channel :
o Online Channels
 Company-owned Websites
 e-Commerce Platforms
o Specialty Retail Stores
o Brand-Specific Stores
o Sporting Goods Stores
o Department Stores

• By Region :
o North America
o Latin America
o Europe
o East Asia
o South Asia & Oceania
o Middle East & Africa

𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://www.factmr.com/report/riding-gear-market

𝐌𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭:

Rechargeable Camping Gear Market: https://www.factmr.com/report/rechargeable-camping-gear-market

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Campsite Cooking Gears Market: https://www.factmr.com/report/1197/campsite-cooking-gears-market

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