Cycling Wear Market Gears Up for Growth: Valued at $7.38 Billion in 2023 with a 5.36% CAGR Forecast

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at USD 7.38 billion in 2023 and is projected to grow at a CAGR of 5.36% over the forecast period, reaching nearly USD 10.05 billion by 2030. Increasing demand for cycling apparel and accessories is driving this steady growth.

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:
Cycling wear includes specialized apparel and accessories designed to enhance comfort, support, and performance during cycling. The market is witnessing significant growth due to rising health awareness, increased participation in cycling events, and the adoption of cycling as a sustainable mode of transportation. The availability of advanced materials, such as moisture-wicking fabrics, further adds to the appeal of cycling wear among enthusiasts and professionals.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐋𝐚𝐭𝐞𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬:https://www.stellarmr.com/report/req_sample/Cycling-Wear-Market/272

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:
The Cycling Wear Market is primarily driven by increasing health consciousness and the rising prevalence of chronic diseases like obesity and hypertension, prompting individuals to adopt cycling as a lifestyle activity. Government initiatives to promote cycling infrastructure, such as bike lanes and parking facilities, further bolster market demand. Additionally, the growing popularity of adventure sports, international cycling events, and sustainable transportation contributes to the market's expansion. Technological advancements, including helmets with enhanced safety features like WaveCel technology, also play a pivotal role in driving product demand.

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:
Emerging trends in the cycling wear market include the increasing preference for high-visibility jackets and moisture-wicking fabrics that enhance safety and comfort. The shift toward eco-friendly cycling gear reflects growing environmental awareness among consumers. Additionally, manufacturers are innovating with durable, lightweight materials and expanding their product portfolios to include versatile and fashion-forward designs, catering to both casual cyclists and professionals. The rise of electric bicycles further supports market growth, as more consumers seek specialized apparel and accessories for this segment.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐓𝐨𝐝𝐚𝐲 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.stellarmr.com/report/enquire_now/Cycling-Wear-Market/272

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦
Vietnam's cycling wear market is expanding due to its growing cycling culture and increasing participation in recreational sports. Companies like Vietcycling and Giordana Vietnam are focusing on affordable and high-quality cycling gear. The market is expected to grow at a CAGR of 7.1%, driven by rising disposable incomes and government initiatives promoting fitness.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝
Thailand's cycling wear market benefits from its thriving tourism and sports sectors. Key players such as Decathlon Thailand and ProBike are introducing lightweight and breathable apparel suitable for tropical climates. Trends include collaborations with international cycling events and the rise of custom cycling gear for clubs and teams.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧
Japan's cycling wear market is characterized by innovation and precision engineering. Companies like Pearl Izumi and Shimano dominate the market with advanced materials and ergonomic designs. The market is projected to grow at a CAGR of 6.2%, supported by the increasing popularity of cycling marathons and demand for eco-friendly materials.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚
South Korea's cycling wear market thrives on its tech-savvy population and rising interest in outdoor activities. Companies like Rapha Korea and Samsung C&T Fashion Group are leveraging digital platforms to offer personalized cycling wear. Growth is further supported by government campaigns encouraging eco-friendly transportation.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞
Singapore's cycling wear market is growing steadily, driven by its urban cycling culture and rising demand for premium gear. Companies like Sports Fashion International and Santic Singapore are focusing on performance-oriented cycling wear for competitive and recreational cyclists. The market's CAGR of 6.8% is attributed to increasing participation in cycling events and rising disposable incomes.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬
The U.S. leads the global cycling wear market, with companies like Gore Wear, Castelli, and Specialized driving innovation. Opportunities lie in expanding eco-friendly and customizable product lines. Recent mergers, such as Specialized's acquisition of smaller cycling apparel brands, highlight consolidation trends in the industry.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞
Europe's cycling wear market is marked by its rich cycling culture and emphasis on sustainability. Companies like Assos, Rapha, and Endura are focusing on high-performance and recyclable materials. The European Union's emphasis on promoting cycling as a sustainable transport option is driving a CAGR of 6.3% in the region.

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐀𝐜𝐫𝐨𝐬𝐬 𝐑𝐞𝐠𝐢𝐨𝐧𝐬
1. Vietnam: Vietcycling partnered with local sports events to promote its cycling apparel range.
2. Thailand: Decathlon Thailand introduced custom cycling wear for local cycling clubs.
3. Japan: Pearl Izumi launched eco-friendly cycling jerseys made from recycled materials.
4. South Korea: Rapha Korea expanded its digital presence with an online customization platform.
5. Singapore: Santic Singapore introduced lightweight cycling gear for competitive races.
6. United States: Specialized expanded its eco-friendly apparel line targeting millennials.
7. Europe: Rapha invested in sustainable production processes for its premium cycling gear.

𝐂𝐮𝐫𝐢𝐨𝐮𝐬 𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐆𝐫𝐚𝐛 𝐘𝐨𝐮𝐫 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:https://www.stellarmr.com/report/req_sample/Cycling-Wear-Market/272

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

By Product
Cycle Wear Apparel
Cycle Wear Accessories

By Distribution Channel
Hypermarket and Supermarket
Specialty Stores
E-Commerce
Others

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?
LUMIERE CYCLING (Australia),
ASSOS of Switzerland GmbH (Switzerland)
Giro (The U.S)
Champion System International (Hong Kong)
Castelli Cycling (Italy)
United Apparel Solution Ltd (Hong Kong)
Endura Limited (Italy)
Rapha Performance Roadwear (UK)
2XU Pty. Ltd (Australia)
Isadore apparel (Slovakia)
Tewsn Cycling Gear Limited (China)

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Cycling-Wear-Market/272

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞: 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 𝐟𝐨𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
♦ Agtech Market https://www.stellarmr.com/report/Agtech-Market/1804
♦ Space Agriculture Market https://www.stellarmr.com/report/Space-Agriculture-Market/1808
♦ Wood Pulp Market https://www.stellarmr.com/report/Wood-Pulp-Market/1810
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♦ Potable Alcohol Market https://www.stellarmr.com/report/Potable-Alcohol-Market/1832
♦ Motorcycle Apparel Market https://www.stellarmr.com/report/Motorcycle-Apparel-Market/1834

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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Pune, Maharashtra, 411029
sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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