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Cycling Apparel Industry Outlook 2025-2029: Market Set to Cross $6.82 Billion Milestone
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Cycling Apparel Market Size By 2025?
In recent times, there has been significant growth in the cycling apparel market size. This market will see an increase from $5.02 billion in 2024 to $5.35 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.6%. The growth during the historical period is primarily due to the rise in commuting cyclists, growth in cycle sales, increasing health concerns, higher emphasis on clothing, and the surge in the popularity of cycling tournaments.
How Big Is the Cycling Apparel Market Size Expected to Grow by 2029?
The size of the cycling apparel market is anticipated to witness a robust expansion in the upcoming years. It is set to escalate to $6.82 billion in 2029 with a compound annual growth rate (CAGR) of 6.3%. The upsurge during the prospective period is largely owing to the growing preference for customized options, enhanced urbanization, the augmenting number of cyclists in small and medium-townships, and the increased focus on sustainable and ethically produced products. Key trends foreseen during this period consist of improvements in lightweight and breathable material technology, tech advancements, breakthroughs in fabric technology, emphasis on sustainable and eco-conscious materials, and personalized customization.
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Which Key Market Drivers Powering Cycling Apparel Market Expansion and Growth?
The rising trend of cycling is projected to boost the progression of the cycling apparel market in the future. Cycling, also recognized as biking or bicycling, utilizes bicycles for transport, leisure, fitness, or sport. Cycling's growing fame can be attributed to health advantages, convenience in city commuting, cultural changes and investments directed towards cycling infrastructure. Cycling clothing improves the whole biking experience, enabling cyclists to perform optimally, maintain comfort, and ensure safety. For example, in August 2023, as per RunRepeat, a company based in Denmark that produces running shoes, more than 51 million US individuals cycle annually. Furthermore, there are 1 billion bicycles being used globally. Consequently, the escalating fame of cycling fuels the cycling apparel market.
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Which Fast-Growing Trends Are Poised to Disrupt the Cycling Apparel Market?
Firms majorly involved in the cycling attire market prioritise the creation of eco-friendly goods, such as cycling clothing made from sustainable materials, to decrease their ecological footprint, satisfy customers' desire for more green products, and facilitate a more sustainable future. Cycling gear made from these materials are crafted to lessen environmental harm while still offering cyclists the essential performance, comfort, and longevity. For example, in April 2022, Trek Bicycle, a company based in the United States that specializes in bicycles and other cycling equipment, introduced its first range of cycling clothing that employs more responsibly sourced materials. The refreshed clothing range encompasses cycling jerseys, shorts, and socks crafted from reused components, like fabric threads obtained from recycled plastic water bottles and surpluses from textile production prior to retail. This focus on sustainability and environmentally friendly materials is in line with the current consumer tastes and sector trends in the cycling costume market.
What Are the Emerging Segments in the Cycling Apparel Market?
The cycling apparel market covered in this report is segmented -
1) By Product Type: Jerseys, Shorts, Bib Shorts, Jackets, Gloves, Tights And Pants, Arm And Leg Warmers, Base Layers, Accessories
2) By Material Type: Synthetic Fabrics, Natural Fabrics, Blended Fabrics, Smart Textiles, Other Material Types
3) By Cycling Type: Road Cycling, Mountain Biking, Commuting And Urban Cycling, Touring And Bikepacking, Track Cycling
4) By Distribution Channel: Online Retail, Offline Retail, Specialty Stores, Multi-Brand Stores, Sports Equipment Chains
5) By End-User: Professional, Amateur
Subsegments:
1) By Jerseys: Short-Sleeve Jerseys, Long-Sleeve Jerseys, Windproof Jerseys, Compression Jerseys
2) By Shorts: Cycling Shorts (Non-Bib), Padded Cycling Shorts, Performance Cycling Shorts
3) By Bib Shorts: Classic Bib Shorts, Aero Bib Shorts, Thermal Bib Shorts
4) By Jackets: Windproof Jackets, Waterproof Jackets, Thermal Jackets, Softshell Jackets
5) By Gloves: Full-Finger Gloves, Half-Finger Gloves, Gel-Padded Gloves, Lightweight Gloves
6) By Tights And Pants: Thermal Tights, Compression Tights, Cycling Trousers, Convertible Cycling Pants
7) By Arm And Leg Warmers: Thermal Arm Warmers, Uv Protection Arm Warmers, Thermal Leg Warmers, Compression Leg Warmers
8) By Base Layers: Short-Sleeve Base Layers, Long-Sleeve Base Layers, Merino Wool Base Layers, Compression Base Layers
9) By Accessories: Cycling Caps, Neck Gaiters And Bandanas, Shoe Covers, Arm And Knee Warmers, Socks
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Who Are the Global Leaders in the Cycling Apparel Market?
Major companies operating in the cycling apparel market are Endura Products Inc., ASSOS of Switzerland GmbH, Capo Industries Ltd., Sugoi Performance Apparel, De Marchi, Craft Sportswear, Voler Inc., Santini Maglificio Sportivo S.R.L., Le Col Limited, Gore Wear, Pearl Izumi, Rapha, Castelli Cycling, Epic Sports Inc., Primal Wear Inc., 7mesh IndustriesInc., Velocio LLC, Isadora, Attaquer, Morvélo, Black Sheep Cycling, Freedom Cycle Co., La Passione, Hincapie Sportswear Inc.
Which are the Top Profitable Regional Markets for the Cycling Apparel Industry?
North America was the largest region in the cycling apparel market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cycling apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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