Press release
Motorcycle Racing Apparel Market Size, Share, and Overview 2034
Motorcycle Racing Apparel Market
Motorcycle Racing Apparel Market Size Growth Forecast: What to Expect by 2025?
The motorcycle racing apparel market has recorded strong growth in recent years. It is set to increase from $2.11 billion in 2024 to $2.23 billion in 2025, showing a CAGR of 5.7%. Historical drivers included the rise of e-sports, motorsport popularity, global market reach, rider comfort needs, and evolving fashion styles.
How Will the Motorcycle Racing Apparel Market Size Evolve and Grow by 2029?
The industry for motorcycle racing attire is forecasted to witness solid expansion in the coming years. It's slated to reach a worth of $2.9 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 6.8%. The predicted growth in this period can be linked to advances in material technology, a rising desire for personalization, safety guidelines and norms, fashion and design evolutions, and economic influences. Key trends for this projected period encompass marketing and branding initiatives, customization and individualization, safety and protective measures, aesthetic and design transformations, as well as ergonomics and comfort.
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What Drivers Are Propelling the Growth of Motorcycle Racing Apparel Market Forward?
The surge in accidents is propelling the motorcycle racing apparel market's expansion. Factors like speeding and reckless driving primarily contribute to the rise in accidents, coupled with other aspects like lack of safety measures, blatant violation of traffic laws, inadequate road lighting, and increasing encroachment. Motorcycles are more susceptible to accidents as bikers and their companions are most exposed to climatic and road hazards compared to people within enclosed vehicles. For example, as per the Transport Accident Commission, an Australian government agency, there were a total of 295 fatalities on Victorian roads in 2023, indicating a rise of 22.4% (54 additional deaths) from 2022. Moreover, fatal crashes increased by 22 (9%), with 261 incidents compared to 239 from the prior year. Thus, the upswing in accidents will spur motorcycle racing apparel market growth.
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Which Emerging Trends Are Transforming the Motorcycle Racing Apparel Market in 2025?
The increasing role of technology is the predominant trend being seen in the motorcycle racing apparel market. Key technologies such as GPS-connected devices, heads-up displays, helmet sensors, automatic airbags, and more, are being incorporated to reduce the risk and severity of accidents during rides. Major players in the motorcycle racing apparel industry are concentrating on supplying advanced clothing pieces to bolster their market share. For example, Alpinestars, an Italian company specializing in motorsport and action sport apparel and protective gear, launched Tech-Air 10 in April 2022. Tech-Air 10 is an impressive self-sufficient slim airbag that protects the racer's shoulders, chest, full back, and hips, making it an essential for racers, track day riders, and road riders. The cutting-edge airbag includes an active digital system with 12 sensors and an Artificial Intelligence crash detection algorithm that regulates the airbag's deployment during crashes for enhanced security and protection on rides.
What Are the Key Segments in the Motorcycle Racing Apparel Market?
The motorcycle racing apparel market covered in this report is segmented -
1) By Type: Clothing, Footwear, Protection Gear
2) By Distribution Channel: Non-Store, Store Built
3) By Application: Competitive Race, Recreation
Subsegments:
1) By Clothing: Racing Suits, Jerseys, Pants, Base Layers
2) By Footwear: Racing Boots, Riding Shoes, Adventure Boots
3) By Protection Gear: Helmets, Gloves, Body Armor (Back Protectors, Chest Protectors), Knee and Elbow Pads
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Who Are the Key Players Shaping the Motorcycle Racing Apparel Market's Competitive Landscape?
Major companies operating in the motorcycle racing apparel market include Alpinestars, Dainese S.p.A., Fox Racing Inc., REV'IT! Sport International B.V., KLIM, Arai Helmet Ltd., Shoei Co. Ltd., AGV SpA, Bell Helmets, Fly Racing, Leatt Corporation, O'Neal USA, Troy Lee Designs, Spidi Sport S.r.l., Held GmbH, Icon Motosports, Thor MX, RST-Moto, Schuberth GmbH, Shark Helmets, Scorpion Sports Inc., LS2 Helmets, X-Lite, Macna, HJC Helmets, Suomy Helmets, Alpinestars Boots, Rukka, Bering, Arlen Ness
What Geographic Markets Are Powering Growth in the Motorcycle Racing Apparel Market?
North America was the largest region in the motorcycle racing apparel market in 2024. The regions covered in the motorcycle racing apparel market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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