Cycling Apparel Market Size, Share, Growth, Forecast Report 2024-2032

The global cycling apparel market size was valued at USD 2.10 billion in 2023. The market is projected to grow from USD 2.19 billion in 2024 to USD 3.36 billion by 2032, exhibiting a CAGR of 5.52% during the forecast period.

The changing lifestyle and fashion trends are driving the adoption of cycling apparel, attracting customers who value functionality and style. Surging disposable incomes of consumers across nations, which make cycling clothing more accessible to a larger population drives the market expansion.
The COVID-19 pandemic had a positive impact on the market due to the increased demand from consumers for shopping cycling gear due to the imposed strict lockdowns.

Fortune Business Insights™ mentions this in a report titled, "Cycling Apparel Market, 2024-2032."

𝐆𝐞𝐭 𝐀 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/cycling-apparel-market-104127

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐌𝐞𝐧𝐭𝐢𝐨𝐧𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭:

‣ Aero Tech Designs Cyclewear (U.S.)
‣ ASSOS of Switzerland GmbH (Switzerland)
‣ Monton Sports (China)
‣ Manifattura Valcismon S.p.A. (MVC Group) (Italy)
‣ Pearl iZUMi (U.S.)
‣ Pentland Group (U.K.)
‣ Rapha Racing Limited (U.K.)
‣ Vista Outdoor (U.S.)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐀𝐩𝐩𝐚𝐫𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭
Casual Style's Popularity to Augment Amateur Segment Growth

Based on type, the market is classified into professional and amateur. The amateur segment is leading the market driven by the surging popularity of casual styles in cycling clothing.

Surged Performance Enhancement Clothing Augments Jerseys Segment Growth

By product, the market is divided into jerseys, gloves, jackets, and others. The jerseys segment is anticipated to lead the market during the projected period as the market observes a surge in the demand for performance-enhancement clothing.

Surging Interest in Adventure Sports Activities to Fuel Male Segment Expansion

By end-user, the market is categorized into male and female. The male segment is dominating the market favored by the increasing interest of men in physical fitness and adventure sports activities.

Offline Segment Leads the Market as they Offer Opportunities for Brands

By distribution channel, the market is classified into e-commerce/online stores and offline. The offline segment holds the largest global cycling apparel market share. The opportunities offered by offline outlets for brands to generate interactive experiences for customers, include events, demonstrations, and workshops.

Geographically, the market is studied across North America, Asia Pacific, Europe, South America, and the Middle East & Africa.

𝐀𝐬𝐤 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/cycling-apparel-market-104127

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:

The report includes:
‣ Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
‣ Comprehensive insights into regional developments.
‣ List of major industry players.
‣ Key strategies adopted by the market players.
‣ Recent industry developments include product launches, partnerships, mergers, and acquisitions.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫
Surging Recreational Activities' Popularity to Augment Market Growth

The rising recreational activities' popularity across different countries boosts product sales, fuels the global cycling apparel market growth. The market is also driven by the number of health benefits, such as stress reduction, mental relaxation, and cardiovascular fitness, offered by recreational cycling.

However, the surging emergence of local companies providing cycling clothing and active wear can hamper the entry of new companies into the global and domestic markets.

𝐆𝐞𝐭 𝐚 𝐐𝐮𝐨𝐭𝐞 𝐍𝐨𝐰:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/cycling-apparel-market-104127

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
Europe Dominates the Market Owing to Surging Number of Cyclists in Major Countries

Europe dominates the market with surging number of amateur and professional cyclists across Italy, the U.K., Germany, and the Netherlands. It also conducts several large cycling events, which encourage the international market players to expand and innovate their products.

Asia Pacific is expected to witness the highest CAGR during the projected period promoted by the increasing adoption of technological advancements by major brands to sustain market competition.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Key Players are Leveraging Strong Brand Presence to Lead the Market

The major players in the cycling apparel market are leveraging their loyalty and strong brand presence to lead and maintain a competitive edge in the market. In recent years market players have prioritized innovative product development as a critical strategy to maintain competitiveness.

𝐑𝐞𝐚𝐝 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:
Kids Apparel Market
https://www.fortunebusinessinsights.com/kids-apparel-market-104630

Baby Apparel Market
https://www.fortunebusinessinsights.com/baby-apparel-market-102106

Sports Apparel Market
https://www.fortunebusinessinsights.com/sports-apparel-market-107401

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭:
• In January 2023, Lululemon announced the launch of its new e-commerce website 'Lazada' as the athletic wear brand moves to expand its presence across Asia Pacific. The launch is for the brand's flagship store on Lazmall. In addition, this is the brand's first e-commerce partnership in Asia.

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This release was published on openPR.