About Cycling Pads
Cycling pads are also known as “chamois" or "bike pad”. It is mainly designed to protect the cyclist body. It is an important component of entire cycling shorts. Cycling pads permit athlete to maintain a better posture, decreasing adjustments and increasing seating stability. There are two various types of cycling pads including for road, for MTB (Mountain Biking) and others. It is available online as well as offline stores.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
The companies are exploring the market in new regions by adopting new product launches as the technology is rapidly improving which is making a difference among the competitors. The companies are providing new innovated products to the consumers. Key players are exploring new geographies through expansions and acquisitions across the globe to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Cycling Pads 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.
Elastic Interface (Italy), Funkier (Italy), Areo Tech Designs (United States), Bioracer (United States), TMF Quality Cycling Pads (United States), Pactimo (United States), HLCyclingpads of HuaLianTextile Co,.Ltd (China), TEOSPORT SRL (Italy), Adidas (Germany) and Nike (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Trek (United States) and Capo (United States).
Segmentation Overview
AMA Research has segmented the market of Global Cycling Pads market by Type (For Road, For MTB (Mountain Biking) and Others) and Region.
On the basis of geography, the market of Cycling Pads 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). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online Stores will boost the Cycling Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Men will boost the Cycling Pads market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Up surging Popularity of Cycling as Sports and Increasing Attraction towards Cycling
Market Growth Drivers:
The Rising Disposable Income, Fueling Prevalence’s Of Injuries Due To Cycling and Growing Awareness about Cycling Pads
Challenges:
Cycling pads can be expensive, especially for high-quality products and High Competition among Established Players
Restraints:
High Prices of Cycling Pads
Opportunities:
Emerging Demand from Economies
Market Leaders and their expansionary development strategies
On October 4, 2023, Specialized Bicycle Components, a leading bicycle manufacturer, announced the acquisition of Leatt Corporation, a leading cycling and motorcycle protection equipment manufacturer. The acquisition will expand Specialized's product portfolio into the growing protective gear market.
On November 14, 2023, Assos of Switzerland, a leading cycling apparel manufacturer, launched the Mille GT C2 Chamois pad, its latest and most advanced chamois pad yet. The Mille GT C2 Chamois pad is designed to provide maximum comfort and support for long-distance rides.
Key Target Audience
Cycling Pads Manufacturers, Cycling Pads Raw Material Suppliers, Cycling Pads Distributors, Cycling Pads Importer/Exporter, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations 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.