Cycling Wear Market

The global cycling wear market is estimated to be valued at USD 7.78 Bn in 2024, growing at a compound annual growth rate (CAGR) of 5.38% from 2024 to 2031. The global cycling wear market has been witnessing steady growth in the past few years. Cycling has gained popularity as a fitness activity and means of daily commutation in various regions around the world. Rising health consciousness as well as initiatives taken by several governments to promote cycling have contributed to the increased adoption of cycling. With the growing cycling culture, the demand for specialized apparel and accessories for cycling has also surged. Cycling wear offers protection, comfort, and enhances performance during cycling activities. Manufacturers are launching innovative products made of breathable and moisture-wicking fabrics. Growing cycling tourism and competitive cycling events have further augmented the sales prospects of the cycling wear market globally.

 Market Dynamics:

The global cycling wear market is driven by rising health awareness leading to increased cycling activities. Further, many governments are investing in cycling infrastructure like dedicated bike lanes to promote greener means of transportation which is fueling the adoption rate. However, rising raw material costs due to volatile oil prices and supply chain disruptions poses a challenge for market players. The growing popularity of electric bikes is opening new avenues for growth. E-bikes are becoming mainstream which is expanding the customer base for cycling wear. Furthermore, the rising cycling culture especially in developed regions of Europe and North America is creating lucrative opportunities.

 Key Features of the Study:

• This report provides an in-depth analysis of the global cycling wear market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) over the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global cycling wear market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Aero Tech Designs Inc., ASSOS of Switzerland GmbH, Borah Teamwear, Capo Cycling Apparel, CCN Sport, Champion System, COTTONTEX GmBH/Srl, Eliel Cycling, Giro Sport Design, MAAP, Manifattura Valcismon S.p.A, Ornot Online Store, owayo GmbH, Pas Normal Studios, Pearl iZUMi, Rapha Racing Limited, Rider Sportsfashion LLC (dba JAKROO), SANTINI s.p.a., Scudo Sports Wear LLC , Velocio, and WYN REPUBLIC
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global cycling wear market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cycling wear market

Detailed Segmentation-

• By Product Type:
• • Cycle Wear Apparel
  • Cycle Wear Accessories
• By Gender:
• • Male
  • Female
• By Age Group:
• • Kids
  • Adults
• By Cycling Discipline:
• • Road
  • Mountain Bike
  • Gravel
  • Others (Track and Cargo)
• By Price Range:
• • Low
  • Moderate
  • Premium
• By Distribution Channel:
• • Hypermarket and Supermarket
  • Sports Variety Stores
  • E-commerce
  • Others (Wholesale, Non Grocery Stores, etc.)
• By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Aero Tech Designs Inc.
  • ASSOS of Switzerland GmbH
  • Borah Teamwear
  • Capo Cycling Apparel
  • CCN Sport
  • Champion System
  • COTTONTEX GmBH/Srl
  • Eliel Cycling
  • Giro Sport Design
  • MAAP
  • Manifattura Valcismon S.p.A
  • Ornot Online Store
  • owayo GmbH
  • Pas Normal Studios
  • Pearl iZUMi
  • Rapha Racing Limited
  • Rider Sportsfashion LLC (dba JAKROO)
  • SANTINI s.p.a.
  • Scudo Sports Wear LLC
  • Velocio
  • WYN REPUBLIC