The global for cycling apparel market was valued at USD 6.68 billion in 2022, and it is projected to reach USD 10.4 billion by 2032, with a forecasted revenue compound annual growth rate (CAGR) of 5.8%. The increasing popularity of cycling as a sport, leisure activity, and a means of physical exercise plays a significant role in propelling the revenue growth of the cycling wear market. The surge in cycling events, such as triathlons, cycling races, and adventure cycling, has created a growing demand for specialized cycling clothing tailored to diverse terrains and weather conditions.
The growth in revenue within the cycling wear market is also fueled by the growing number of individuals turning to cycling as an environmentally sustainable mode of transportation for both leisure and daily commuting. This trend has led to a heightened demand for cycling attire that not only serves a functional purpose but is also eco-friendly, in alignment with the increasing awareness of environmental sustainability and the advantages of cycling over traditional transportation methods.
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Top Profiled Companies:
- Adidas AG
- Jack Wolfskin GmbH Co. KGaA
- Gore Wear
- Assos of Switzerland SA
- Castelli Cycling
- Endura Ltd
- Specialized Bicycle Components, Inc.
- Pearl Izumi
- Sugoi
- Rapha Racing Limited
- Santini SMS
Key Trends of Cycling Wear Market
- Performance-Driven Designs: Cycling wear has been increasingly designed for optimal performance. This includes aerodynamic cuts, moisture-wicking fabrics, and advanced ventilation systems to enhance the comfort and performance of cyclists.
- Sustainable and Eco-Friendly Materials: Eco-conscious consumers and brands have been pushing for the use of sustainable materials in cycling wear. This includes recycled fabrics, eco-friendly dyes, and an emphasis on reducing the environmental impact of manufacturing processes.
- Customization: Brands and manufacturers have been offering customizable options for cyclists to design their own kits, allowing riders to express their individual style and preferences.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Product Type Outlook:
- Jerseys
- Shorts
- Pants
- Gloves
- Others
End-Use Outlook:
- Men
- Women
- Children
Key Takeaways of the Global Cycling Wear Market Report:
- A comprehensive overview of the global Cycling Wear industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Cycling Wear market.
- Elaborate study of the leading regional markets in the global Cycling Wear market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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