Global Cycling Apparel Market Report and Forecast 2023-2028

Global Cycling Apparel Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global cycling apparel market reached a value of USD 5,075.2 million in 2022. Aided by the growing interest in cycling as both a recreational activity and a competitive sport and an increased focus on the use of sustainable and comfortable materials in cycling clothing, the market is projected to further grow at a CAGR of 4.9% between 2023 and 2028 to reach a value of USD 6,536.9 million by 2028.

Cycling apparel includes clothing items such as jerseys, shorts, gloves, and jackets, which are designed to enhance performance and safety during cycling. These apparel items are made from materials that offer flexibility, comfort, moisture-wicking, and protection against various weather conditions. They also often feature high visibility elements for safety purposes.

The rising interest in cycling as both a leisure activity and a competitive sport is driving the global cycling apparel market growth. With increasing awareness of the health and environmental benefits associated with cycling, there has been a marked shift towards the use of bicycles for commuting and recreational purposes. This has led to a surge in demand for cycling-specific clothing designed to enhance comfort and performance. Additionally, the burgeoning trend of fitness and outdoor activities has further amplified the popularity of cycling apparel.

Expanding applications of cycling apparel across various sectors also contribute significantly to market growth. For instance, the adoption of cycling apparel has risen among law enforcement and courier services that use bicycles as a mode of transportation. This non-traditional use of cycling apparel opens up new avenues for cycling apparel market expansion.

Moreover, the rising demand for sustainable and ethically produced clothing in the fashion and sports apparel industry has led to an increased emphasis on the use of eco-friendly materials and processes in the production of cycling apparel. This has resulted in the development of innovative products, such as cycling apparel made from recycled materials or organic fibres, thereby driving the cycling apparel market growth.

Moreover, the growth of the cycling apparel market is also bolstered by the increasing demand for personalised and fashionable sportswear. With a rise in the culture of fitness fashion and athleisure, cycling apparel that combines function with style has gained immense popularity. This trend is expected to continue in the future, further accelerating the cycling apparel market development.

Market Segmentation

The market can be divided based on type, end user, demographics, sales channel, and region.

Market Breakup by Type

• Top Wear
• Jerseys
• Jackets
• T-Shirts
• Body Warmers/Insulators
• Bottom Wear
• Bib Shorts
• Tights and Pants
• Body Warmers/Insulators
• Accessories
• Gloves
• Others

Market Breakup by End User

• Professional
• Amateur

Market Breakup by Demographics

• Male
• Female
• Kids

Market Breakup by Sales Channel

• Sports Variety Stores
• Franchised Stores
• Modern Trade Channels
• Direct-to-Customer Channel
• Third Party Online Channel

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global cycling apparel companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Nike.Inc
• adidas AG
• Manifattura Valcismon S.p.A
• Rider Sportsfashion L.L.C. (dba Jakroo)
• Specialized Bicycle Components, Inc.
• Under Armour, Inc.
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.