Cycling Wear Market Current Scenario and Future Prospects 2024 - 2031 | Aero Tech Designs Inc., ASSOS of Switzerland GmbH

Market Overview:

The global cycling wear market is estimated to be valued at USD 7.78 Bn in 2024 and is expected to reach USD 11.22 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.

Market Dynamics:

Rising popularity of recreational cycling is expected to drive the market growth over the forecast period. Growing health awareness has resulted in an increasing number of people taking up cycling as a fitness and recreational activity. Moreover, improving cycling infrastructure in many countries is encouraging more people to opt for cycling. Additionally, increasing disposable income is allowing consumers to spend more on high-performance and sophisticated cycling wear.

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Cycling jerseys, cycling shorts, cycling helmets, gloves, arm warmers & leg warmers are some common cycling wears. Cycling jerseys are specifically designed to provide ventilation to regulate body temperature while cycling. Cycling shorts have padding in the seat area to minimize discomfort during long rides. Rising number of cyclists is increasing demand for such specialized clothing and accessories.

Growing Health Consciousness among Consumers is a Major Driver for Cycling Wear Market

As consumers are becoming increasingly health conscious, there has been a rise in cycling as a popular recreational and fitness activity. People are cycling more frequently to stay fit and maintain an active lifestyle. The health benefits of cycling such as improved cardiovascular health, weight management, stress relief etc. have encouraged many to take up cycling. This high participation in cycling has boosted the demand for specialized clothing and gear for cycling. Cycling specific wears like shorts, jerseys, helmets etc. provide comfort, breathability and performance benefits which enhance the cycling experience. Manufacturers are launching a wide variety designs and functional features to cater to the needs of cyclists. The growing popularity of cycling as a sport and means of daily commute is driving significant growth in the cycling wear market.

Growing E-bike Market Presents Lucrative Opportunities

Electric bikes or e-bikes are experiencing strong growth globally as they make cycling easier and more accessible. E-bikes help riders cruise longer distances and cycle across varying terrains with pedal assistance. They attract new participants to cycling including older individuals or those concerned about excessive exertion. As e-bike sales pick up, the requirement for suitable cycling wears tailored for e-bikes is also on the rise. Manufacturers can leverage the opportunities in the booming e-bike market by developing gears suited for both conventional and electric cycling. Features like integrated lighting, pockets for personal electronic devices, charging ports etc. can be incorporated. Partnerships with prominent e-bike brands offer ways to expand market penetration. The expansion of e-mobility solutions bodes well for future growth opportunities in the cycling wear industry.

Sustainability becomes an Increasing Market Trend

With rising environmental consciousness, sustainability has become an important purchasing driver across product categories. The cycling wear industry is responding to this growing trend by introducing eco-friendly materials, processes and designs. Natural, organic and recycled fabrics are gaining popularity. Emphasis on non-single used gears and accessories made using renewable resources are some emerging trends. Brands are marketing their commitment to reducing waste, lowering emissions and engaging in community initiatives to attract ethically driven customers. Manufacturers realize sustainability gives them a competitive edge by aligning with shifting consumer preferences. By adopting greener initiatives, companies are well positioned to capture future demand and expand market share in the evolving cycling wear landscape.

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Top Companies Featured in This Report:

★ Aero Tech Designs Inc.
★ ASSOS of Switzerland GmbH
★ Borah Teamwear
★ Capo Cycling Apparel
★ CCN Sport
★ Champion System
★ COTTONTEX GmBH/Srl
★ Eliel Cycling
★ Giro Sport Design
★ MAAP
★ Manifattura Valcismon S.p.A
★ Ornot Online Store
★ owayo GmbH
★ Pas Normal Studios
★ Pearl iZUMi
★ Rapha Racing Limited
★ Rider Sportsfashion LLC (dba JAKROO)
★ SANTINI s.p.a.
★ Scudo Sports Wear LLC
★ Velocio
★ WYN REPUBLIC

Market Segmentation:

By Product Type:

★ By Product Type: Cycle Wear Apparel and Cycle Wear Accessories
★ By Gender: Male and Female
★ By Age Group: Kids and Adults
★ By Cycling Discipline: Road, Mountain Bike, Gravel, and Others (Track and Cargo)
★ By Price Range : Low, Moderate, and Premium
★ By Distribution Channel: Hypermarket and Supermarket, Sports Variety Stores, E-commerce, and Others (Wholesale, Non Grocery Stores, etc.)

Key Regions/Countries Classified as Follows:

» North America (U.S., Canada, Mexico)
» Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
» Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
» South America (Brazil, Argentina, Rest of SA)
» Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Key Inquiries Addressed in this Report include:

📈 What was the size of the Cycling Wear Market in 2024, and what is the projected value by 2031?

📈 What is the present global market landscape for the Cycling Wear Market?

📈 What strategies offer optimal opportunities for growth maximization in the business?

📈 What recent trends are shaping the Cycling Wear Market?

📈 How does the market share of Cycling Wear Market revenue, sales, and size vary across specific geographical regions?

📈 Who are the prominent industry players in the Cycling Wear Market?

📈 Which segment of the Cycling Wear Market is experiencing heightened demand?

The report also delves into the competitive landscape, key players, trade patterns, industry value chain, recent news, policies, and regulations. Should you have any inquiries or require customization options, please don't hesitate to contact us.

In summary, whether you're engaged in manufacturing, distribution, or investment within the Cycling Wear sector, this report furnishes invaluable insights into market segments, drivers, challenges, investment prospects, regional dynamics, major players, growth strategies, prevailing trends, and hurdles influencing the industry's expansion.

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Author Bio:

Priya Pandey is a dynamic and passionate editor with over three years of expertise in content editing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes editing documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

(LinkedIn- https://www.linkedin.com/in/priya-pandey-8417a8173/)

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