Cycling Apparel Trends and Forecast
The future of the global cycling apparel market looks promising with opportunities in the professional and amateur markets. The global cycling apparel market is expected to reach an estimated $6.0 billion by 2030 with a CAGR of 4.7% from 2024 to 2030. The major drivers for this market are rising adoption of cycling as a hobby or an exercising medium to stay fit, growing awareness about health benefits of cycling, and increasing inclination to favor modern clothing over traditional styles.A more than 150-page report is developed to help in your business decisions.
Cycling Apparel by Segment
The study includes a forecast for the global cycling apparel by type, product, end use, and region.Cycling Apparel Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Jersey
- Gloves
- Jackets
- Others
Cycling Apparel Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Professional
- Amateur
Cycling Apparel Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Male
- Female
Cycling Apparel Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Cycling Apparel Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cycling apparel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cycling apparel companies profiled in this report include:- NIKE
- Adidas
- Specialized Bicycle
- Marcello Bergamo
- Castelli
- JAKROO
- Mysenlan
CCN Sport
Cycling Apparel Market Insights
The publisher forecasts that male will remain larger segment over the forecast period because of more men participating in cycling and more cycling championships for men.Within this market, amateur will remain the largest segment due to its quality and it is economical.
North America is expected to witness the highest growth over the forecast period due to rising popularity of cycling sports among the younger population.
Features of the Global Cycling Apparel Market
- Market Size Estimates: Cycling apparel market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Cycling apparel market size by type, product, end use, and region in terms of value ($B).
- Regional Analysis: Cycling apparel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, product, end use, and regions for the cycling apparel market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cycling apparel market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cycling apparel market size?Answer: The global cycling apparel market is expected to reach an estimated $6.0 billion by 2030.
Q2. What is the growth forecast for cycling apparel market?
Answer: The global cycling apparel market is expected to grow with a CAGR of 4.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cycling apparel market?
Answer: The major drivers for this market are rising adoption of cycling as a hobby or an exercising medium to stay fit, growing awareness about health benefits of cycling, and increasing inclination to favor modern clothing over traditional styles.
Q4. What are the major segments for cycling apparel market?
Answer: The future of the global cycling apparel market looks promising with opportunities in the professional and amateur markets.
Q5. Who are the key cycling apparel market companies?
Answer: Some of the key cycling apparel companies are as follows:
- NIKE
- Adidas
- Specialized Bicycle
- Marcello Bergamo
- Castelli
- JAKROO
- Mysenlan
CCN Sport
Q6. Which cycling apparel market segment will be the largest in future?Answer: The publisher forecasts that male will remain larger segment over the forecast period because of more men participating in cycling and more cycling championships for men.
Q7. In cycling apparel market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth over the forecast period due to rising popularity of cycling sports among the younger population.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cycling apparel market by type (jersey, gloves, jackets, and others), product (professional and amateur), end use (male and female), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Cycling Apparel Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- NIKE
- Adidas
- Specialized Bicycle
- Marcello Bergamo
- Castelli
- JAKROO
- Mysenlan
- CCN Sport
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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