Cycling clothing encompasses both cycling apparel and cycling accessories. Cycling clothing is worn during cycling to fit and support the body while riding. These garments are stretchy to provide added comfort to the wearer. Cycling apparel comprises items such as shorts, jackets, leggings, gloves, and jerseys. The cycling clothing market study includes PORTER analysis, PESTLE analysis, and segment analysis by product, distribution channel, and region, as well as a market size forecast.
Cycling Wear Market Report Scope and Research Methodology:
The Market report provides historical data as well as revenue growth estimates at the regional, and national levels, as well as a full analysis of Cycling Wear market trends in each of the key segments and their sub-segments from 2022 to 2029.The Stellar Market Research team's major research approach is data triangulation, which includes an investigation of the impact of data variables on the Cycling Wear market, data mining, and primary (industry expert) validation.The research report covers the market's past and present state, as well as predicted trends and size. The report provides an easy-to-understand examination of the Cycling Wear market's intricate statistics. report. SWOT analysis was utilised to identify the strengths, weaknesses, opportunities, and threats for major players in the Cycling Wear industry, and a bottom-up technique was employed to estimate market size.
Cycling Wear Market Report Overview:
The forecast was created mostly by analysing past data and current industry trends in the Cycling Wear Market. It includes market size, share, regional analysis, dynamics, CAGR, ad future trends, making the study a guide for investors as it provides a futuristic view of the Cycling Wear Industry.
Cycling Wear Market Size was valued at US$ 7.01 Bn. in 2022. Global Cycling Wear Market size is estimated to grow at a CAGR of 5.36 % over the forecast period.
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Cycling Wear Market Dynamics:
The growing prevalence of chronic diseases such as hypertension, diabetes, and obesity as a result of lifestyle changes and improper eating habits is driving the growth of the cycling wear market. Cycling behaviours advocated by doctors and health coaches to maintain good health are driving the growth of the cycling wear market.
During the forecast period, the expanding number of cycling events and the growing popularity of athletic events around the world are likely to generate beneficial possibilities for participants in the cycling gear market. To keep their clients loyal to their cycling apparel items, cycling apparel and gear manufacturers have developed a wide range of cycling apparel and gear.
Cycling Wear Market Segmentation:
As a result of the product, In 2020, the cycle wear clothing segment held 70% of the cycling wear market. On the market, there is a wide range of cycling wear apparel and clothing. Cycling wear gear includes leggings, shorts, gloves, beanies, tights, jackets, and jerseys. These items are made of high-quality clothing that offers the rider a great level of comfort as well as other properties like durability, moisture resistance, waterproofness, windproofness, and high visibility. pedalling apparel is made of flexible material and is meant to adapt and support the body while pedalling. These factors are projected to boost the segment's growth during the forecast period.
Cycle wear accessories will grow at the quickest CAGR of 5% throughout the forecast period. One of the most significant cycling accessories is headgear or helmets, which provide the cyclist with safety and comfort when cycling. Manufacturers have been developing new technologies and advancements in regard to helmet development. Trek and Bontrager recently unveiled a new helmet with WaveCel technology that claims to give 48 times more protection than normal EPS foam in reducing concussion from common cycling accidents.
Cycling Wear Market Key Players:
LUMIERE CYCLING (Australia),
ASSOS of Switzerland GmbH (Switzerland)
Giro (The U.S)
Champion System International (Hong Kong)
Castelli Cycling (Italy)
United Apparel Solution Ltd (Hong Kong)
Endura Limited (Italy)
Rapha Performance Roadwear (UK)
2XU Pty. Ltd (Australia)
Isadore apparel (Slovakia)
Tewsn Cycling Gear Limited (China)
Key Questions answered in the Cycling Wear Market Report are:
What are the Cycling Wear market segments?
Which region of the Cycling Wear market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the Cycling Wear market during the forecast period?
What are the emerging trends in the Cycling Wear market?
What are the factors restraining the Cycling Wear market growth?
Key offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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