According to the report by Expert Market Research (EMR), the global cycling apparel market size reached a value of USD 5,323.88 million in 2023. Propelled by the rising popularity of cycling as both a recreational activity and a competitive sport, alongside a growing awareness of fitness and health among the global population, the market is projected to grow at a CAGR of 4.9% between 2024 and 2032 to reach around USD 8,188.57 million by 2032.
Cycling apparel includes garments specifically designed for cycling, such as jerseys, bib shorts, tights, gloves, and jackets. These items are engineered to offer comfort, aerodynamic efficiency, and protection against various weather conditions, enhancing the overall cycling experience. The market’s growth is underpinned by the increasing adoption of cycling activities across various age groups and the proliferation of cycling events and competitions globally.
According to cycling apparel market analysis, the surge in cycling’s popularity, partly due to the global emphasis on sustainable transportation solutions, has significantly contributed to the growth of the market. Governments worldwide are investing in cycling infrastructure, such as dedicated cycling lanes and parks, which have made cycling safer and more accessible, thus encouraging more people to take up cycling either as a hobby or a means of transport.
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The global emphasis on health and fitness awareness is a significant driver for the cycling apparel market growth. With a global shift towards healthier lifestyles, individuals are increasingly taking up cycling to enhance their physical fitness. Cycling not only helps in improving cardiovascular health but also aids in weight management and muscle toning, factors that are propelling the demand for specialized cycling apparel that offers comfort and performance enhancement.
Technological advancements in apparel are at the core of the cycling apparel market expansion. The market has seen significant technological advancements that have improved the functionality and comfort of cycling clothes. Features such as moisture-wicking fabrics, aerodynamic design, and thermal regulation play a crucial role in appealing to both amateur and professional cyclists. Innovations such as reflective wear for night cycling and weather-resistant garments also add to the market’s growth.
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As per the cycling apparel market outlook, there is a growing trend towards sustainability in the cycling apparel market. Consumers are increasingly favoring products made from eco-friendly materials that offer both performance and environmental benefits. Companies are responding by incorporating recycled materials and sustainable practices into their production processes.
The rapid urbanization globally has a profound effect on commuting patterns, particularly in congested urban areas where traditional vehicular traffic can be a nightmare. More city dwellers are turning to bicycles as a quick and eco-friendly commuting option, driving the need for appropriate cycling apparel that provides comfort, safety, and visibility in urban environments. As cities continue to develop and expand their cycling infrastructure, the demand for cycling apparel is expected to grow in tandem.
The global cycling apparel market share will also rise as customization and personalization of cycling apparel are becoming increasingly popular, allowing consumers to have products tailored to their specific needs and preferences. This trend is expected to continue, with more companies offering customized options to differentiate themselves in a competitive market.
The global cycling apparel market is poised for substantial growth over the next five years, driven by the increasing popularity of cycling, technological advancements in apparel, and a growing emphasis on health and fitness. While challenges such as high product costs and competition from low-cost alternatives persist, the market’s potential is underscored by ongoing trends towards sustainability and customization. As the world continues to embrace cycling, the demand for specialized cycling apparel is expected to rise, heralding a promising future for this dynamic industry.
Market Segmentation
The market can be divided based on type, end-user, demographics, sales channel, and region.
Market Breakup by Type
- Top Wear
- Bottom Wear
- 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 mergers and acquisitions, among other major developments, of the leading companies operating in the global cycling apparel market. Some of the major players explored in the report by Expert Market Research are as follows:
- 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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