Global Cycling Wears Market Overview:
Cycling Apparel is clothing designed to be worn while cycling. Cycling wear includes clothing, footwear, head gear, eye wear. There are some tights and knickers that are available without a chamois liner so they will fit over a pair of cycling shorts with no problem. The leg warmers are a handy cycling accessory that can be used on the fly to make a pair of cycling shorts into tights or knickers. People are choosing cycling as a hobby and growing portion of the population living healthier lifestyles thereby rising participation in sports and fitness activities is driving growth of the cycling wear market.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Growing Inclination of the Population towards a Healthy Lifestyle and Growing Adoption of Bicycles as Sustainable Mode of Transportation
Market Growth Drivers:
Increasing Number of People Opting For Cycling as a Hobby and Rising Participation in Sports and Fitness Activities
Challenges:
Cyclists May Experience Traumatic and Overuse Injuries
Restraints:
High Cost of Cycling Wear Products
Opportunities:
Growing Number of Bicycle Riding Organizations and Bicycle Racing Events
Competitive Landscape:
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 a competitive advantage through combined synergies.
Some of the key players profiled in the report are Castelli Cycling (Italy), Giro Sport Design (United States), Rapha Racing Limited (United Kingdom), Champion System (United States), Cycle Wear Limited (United Kingdom), Assos of Switzerland SA (Switzerland), Cuore of Switzerland Inc. (Hong Kong), Endura Limited (United Kingdom), 2xu Pty Ltd. (Australia) and Santini Cycling Wear (Italy). Additionally, following companies can also be profiled that are part of our coverage like Maap (Australia), Attaquer Pty Ltd. (Australia), Pas Normal Studios (Denmark), Capo (United States) and Pedla (Australia). Analyst at AMA Research see United Kingdom and Australian Vendors to retain maximum share of Global Cycling Wears market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Cycling Wears market.
Latest Market Insights:
On November 14, 2023, POC, a Swedish helmet manufacturer, launched the Tectal Race Spin helmet, a new road cycling helmet that is designed to be both lightweight and aerodynamic. The helmet features a MIPS Brain Protection System and a SPIN (Shearing Pad Inside) system, which are designed to reduce rotational forces during impact.
On October 4, 2023, Rapha, a British cycling apparel company, announced a partnership with Assos, a Swiss cycling apparel company. The partnership will see the two companies collaborate on a range of products, including cycling jerseys, bib shorts, and accessories.
What Can be Explored with the Cycling Wears Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cycling Wears Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cycling Wears
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cycling Wears market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cycling Wears market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Cycling Wear, Suppliers of Cycling Wear, Wholesalers, Distributors and Retailers of Cycling Wear, Industry Association and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.