Cycling Jersey Market Scope
A cycling jersey is an essential part of your set of cycling clothing. The upsurge demand of technical fabrics in the cycling racing and training leads to search for specific fabrics with soft and pleasant touch to combine performance and comfort. Most jerseys are made of some sort of synthetic fabric that's designed to quickly carry sweat away from your skin so it can evaporate from the outside of the jersey. Shaping fabrics with pleasant hand feel and high compression for all day fitting in the main body. Lightweight, antibacterial, wicking properties, breathable fabrics under arm pit for better ventilation. High quality and performance fabrics made to meet the needs.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ASSOS of Switzerland GmbH (Switzerland), Adidas AG (Germany), FOX HEAD Inc. (United States), Jaggad Pty Ltd. (Australia), Pending System GmbH & Co. KG (Germany), Rapha Racing Ltd. (United Kingdom), Shimano Inc. (Japan), Trek Bicycle Corp. (United States), Troy Lee Designs Inc. (United States) and The Col Collective (United Kingdom) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Cycling Jersey market throughout the predicted period.
ASSOS of Switzerland GmbH (Switzerland), Adidas AG (Germany), FOX HEAD Inc. (United States), Jaggad Pty Ltd. (Australia), Pending System GmbH & Co. KG (Germany), Rapha Racing Ltd. (United Kingdom), Shimano Inc. (Japan), Trek Bicycle Corp. (United States), Troy Lee Designs Inc. (United States) and The Col Collective (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Cycling Jersey market by Type and Region with country level break-up.
On the basis of geography, the market of Cycling Jersey has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On September 28, 2023, Swedish helmet maker POC and American bicycle manufacturer Specialized announced a strategic partnership to develop and market innovative cycling safety products. The partnership will leverage POC's expertise in helmet design and Specialized's knowledge of cycling technology.
On October 12, 2023, it was announced that cycling apparel giants Rapha and Le Col are in talks to merge. The merger would create one of the largest cycling apparel companies in the world, with a strong presence in both the performance and lifestyle categories.
Influencing Trend:
The Growing Inclination of the Population towards a Healthy Lifestyle and The Surge in Number of Cycling Festival in both Developing and Developed Countries
Market Growth Drivers:
Increasing Number of People Opting For Cycling as a Hobby and Rising Participation in Sports and Fitness Activities
Challenges:
High Competition among Established Players
Restraints:
High Cost of Cycling Wear Products
Opportunities:
Growing Number of Bicycle Riding Organizations and Bicycle Racing Events
Key Target Audience
Manufacturers of Cycling Jersey, Suppliers of Cycling Jersey, Wholesalers, Distributors and Retailers of Cycling Jersey, Sports Industry and End-User