About Motorcycle Clothing
Motorcycle Clothing market is expected to grow owing to introduction of numerous safety laws by key economies, increasing online sales and demand of lightweight carbon fiber products. Motorcycle clothing include jacket, glove, pants, protector, shoes, helmets and base layers to provide security in case of accident. Increasing number of road accidents and rising awareness among customer driving the sales of motorcycle clothing market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.0% |
Motorcycle clothing market is fragmented owing to the number of players present in the market. increasing awareness about safety and security owing to the increase in the number of road accidents motorcycle clothing market is expected to grow in the long standing. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Motorcycle Clothing market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Kido Sport (South Korea), HJC America, Inc. (United States), Jiujiang Jiadeshi (China), Soaring Helmet Corporation (United States), Shoei Safety Helmet Corp. (United States), Zhejiang Jixiang Co Ltd. (China), Nike (United States), Dainese S.p.A. (Italy), Alpinestars S.p.A. (Italy), Fox Head, Inc. (United States) and Other are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Scott Sports SA (Switzerland), ThorMX (United States), Scoyco (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Motorcycle Clothing market by Type (Clothing, Footwear and Protection Gear), Application (Road Motorcycle Apparel, Off-road Motorcycle Apparel and Other) and Region.
On the basis of geography, the market of Motorcycle Clothing 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). If we see Market by Vehicle , the sub-segment i.e. Two Wheeler will boost the Motorcycle Clothing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Leather will boost the Motorcycle Clothing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Light Weight Fiberglass and Carbon Fiber Products and Increasing Online Distributers
Market Growth Drivers:
Increasing Incidences of Road Accidents and Introduction of Safety Laws by Government
Challenges:
Increasing Dominance of Local Manufacturers
Restraints:
High Cost Associated with Motorcycle Clothing
Opportunities:
Increasing Demand of Helmets with Head up Displays
Market Leaders and their expansionary development strategies
In February 2023, Duell Corporation has agreed to acquire the entire share capital of the UK based company Tran-Am Ltd (“TranAm” or the “Company”). TranAm is a leading distributor and wholesaler of premium clothing and accessories for motorcycling.
In March 2023, Suzuki Motorcycle has introduced a new range of apparel and merchandise including riding gears, key chains, t-shirts and more. Available at all premium Suzuki Motorcycle dealerships across the country, the new 2023 collection, as per Suzuki, takes inspiration from the Suzuki Hayabusa and the “lifestyle of a motorcycle enthusiast”.
Key Target Audience
Driving Apparel Manufacturers/ Distributors, Online Distributers, Government organizations, Research Organizations and Consulting Companies, Market Research and Consulting Firms and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.