Motorcycle Rider Accessories Market by Product Type (Gloves, Helmets, Jackets & Vests), Distribution Channel (Offline, Online) - Global Forecast 2024-2030

Motorcycle Rider Accessories Market by Product Type (Gloves, Helmets, Jackets & Vests), Distribution Channel (Offline, Online) - Global Forecast 2024-2030

The Motorcycle Rider Accessories Market size was estimated at USD 10.11 billion in 2023 and expected to reach USD 10.63 billion in 2024, at a CAGR 5.75% to reach USD 14.95 billion by 2030.

Motorcycle rider accessories are essential gears and products designed to enhance the safety, comfort, and style of individuals riding motorcycles. These accessories range from protective gear to add-ons that improve motorcycle functionality or the rider's experience. Increasing awareness about rider safety and stringent government regulations mandating the use of certain accessories, such as helmets, reflectors, and protective clothing, drive the demand for motorcycle rider accessories. A surge in motorcycle sales, influenced by an increasing interest in recreational activities and the utility of motorcycles for daily commuting, directly impacts the demand for rider accessories. The growing popularity of motorcycle tourism and the establishment of riding communities have fostered a culture that values personalized and high-quality rider accessories, driving the market growth. The high cost associated with premium accessories limits the market growth. Growing innovations in product design and materials, such as lightweight, high-strength fabrics and smart accessories integrated with Bluetooth and GPS, are expected to create opportunities for market growth.

Regional Insights

The Americas, a diverse region, showcases a significant disparity in motorcycle usage and, by extension, the demand for rider accessories between North and South America. In North America, and more specifically in the United States and Canada, motorcycles are predominantly viewed as lifestyle vehicles. The demand in these countries is geared towards premium accessories, including high-end helmets, riding gear, and customization items. The focus is often on enhancing the riding experience through comfort, style, and safety features.

Conversely, in South American countries, such as Brazil and Argentina, motorcycles are frequently used for daily commuting, leading to a demand focused more on practical and affordable accessories. Items such as basic helmets, gloves, rain gear, and maintenance accessories are more prevalent. B The APAC region is recognized as the largest market for motorcycle rider accessories, driven by the substantial motorcycle user base in countries such as India, China, and Indonesia. In these nations, motorcycles are the primary modes of daily transportation, attributable to their affordability and the ease of navigating congested urban areas. The demand spectrum in APAC ranges widely from basic necessity items to premium accessories, influenced by the rising middle class and increasing awareness regarding road safety. The EMEA region presents a mixed picture, with each subregion having distinct market characteristics. In Europe, especially in countries such as Germany, Italy, and France, there is a strong motorcycling culture, both as a leisure activity and a mode of transportation. The market is characterized by a high demand for premium accessories, including technologically advanced helmets, protective gear, and specialized apparel. Stringent safety and environmental regulations across the European Union also influence product offerings and market dynamics. The Middle East represents a growing landscape with increasing motorcycle enthusiasts and exhibits a rising demand for luxury and custom rider accessories, driven by the high purchasing power in countries such as the United Arab Emirates and Saudi Arabia.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Motorcycle Rider Accessories Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Rising ownership of motorcycles for both commuting and recreational purposes
Increasing motorcycle-based competitions and marathons worldwide

Market Restraints

Safety issues of motorcycle rider accessories

Market Opportunities

Advancements in motorcycle rider accessories with digital technologies
Extensive availability of motorcycle rider accessories in online channels

Market Challenges

Availability of low-quality and imitation products

Market Segmentation Analysis

Product Type: Rising usage of motorcycle gloves for protection against abrasions and cuts
Distribution Channel: Rising availability of motorcycle rider accessories across online channels as it provides comprehensive product information, reviews, and comparisons

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Motorcycle Rider Accessories Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Motorcycle Rider Accessories Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Launch of 509's Revolutionary 2024 Dirt Collection for Off-Road Enthusiasts

509 introduced the 2024 Dirt Collection for dirt bike enthusiasts and the collection includes the first-of-its-kind anti-fog goggle technology within the Sinister MX6 Fuzion Flow Goggle and Kingpin Fuzion Flow Goggle, both employing Fuzion Flow lens and venting technology for unmatched clarity. Complementing these innovations are the Ride 5 jerseys and pants, tailored for superior comfort, durability, and utility. The jerseys provide enhanced mobility and cooling, while the pants combine 600D & 900D Corda material with cow leather for robust trail protection, also incorporating a requested utility zipper pocket.

RevZilla Secures Exclusive Title Sponsorship for Vance & Hines Motorsports in Landmark Multi-Year Deal

RevZilla, an online and storefront retailer of motorcycle gear, parts, and accessories, announced as the exclusive title sponsor for Vance & Hines Motorsports across both the National Hot Rod Association (NHRA) and MotoAmerica road racing series for the upcoming two years. This partnership marks a historic occasion for Vance & Hines, renowned for over half a century of competitive racing, as it unifies all its racing initiatives under a single title sponsorship for the first time. Established in 2007 and presently under the Comoto Holdings umbrella, RevZilla brings a robust industry reputation and a rich legacy of motorcycle racing passion to the partnership.

Leatt Corporation Unveils Innovative Adventure Gear for Motorcycle Enthusiasts at EICMA

Leatt Corporation, a company crafting comprehensive protective gear for various high-velocity sports, including motocross, mountain biking, and more, introduced its Adventure (ADV) gear line. Emphasizing both comfort and safety, the ADV range caters to motorcycle enthusiasts eager for reliable protection across diverse weather conditions and terrains. The range's embodiment of Leatt's commitment to enhancing the riding experience for all levels of enthusiasts, from professional athletes to casual riders, through an extensive, rigorously tested product development process.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Motorcycle Rider Accessories Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Motorcycle Rider Accessories Market, highlighting leading vendors and their innovative profiles. These include AGV Sports Group, Alpinestars S.p.A., Arai Helmet (Europe) B.V., Bell Sports, Inc., Biltwell Inc., Dainese S.p.A., Desert FOX, FLY Racing, Harley-Davidson, Inc., Hero Motocorp Ltd., Kodlin USA, LLC, Leatt Corporation, Schuberth GmbH, Sena Technologies, Inc., SHOEI Co., Ltd., Studds Accessories Ltd., TVS Motor Company, Vega Auto Accessories Ltd., Wunderlich America and Riders' Accessory Distributing, Inc., Yamaha Motor Company Ltd., and YF Protector Co. Ltd..

Market Segmentation & Coverage

This research report categorizes the Motorcycle Rider Accessories Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
Gloves
Helmets
Jackets & Vests
Distribution Channel
Offline
Local Independent Shops
Specialty Stores
Online
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year