Cycling Wear Market Size, Share, And Growth Report 2032

Cycling Wear Market Size

Zion Market Research has published a report on the global Cycling Wear Market, estimating its value at USD 3.81 Billion in 2023, with projections indicating that it will reach USD 9.37 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 10.5% over the forecast period 2024-2032.

The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Cycling Wear Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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Cycling Wear Market: Overview

Cycling wear includes large-scale use of fabrics for improving performance of vehicle and providing comfort during cycling. Need for reducing fuel emissions in environment to prevent greenhouse effect and growing awareness about environmental protection among people has increased use of bicycles, thereby raising sales of cycling wear. People across the globe are becoming more health & fitness conscious and hence are going to gyms as well as participating in sports activities. This has produced more demand for cycling wear in recent years.   

Cycling Wear Market: Growth Dynamics

Escalating awareness pertaining to benefits derived by performing exercises like cycling will contribute massively towards cycling wear market size. Additionally, with large number of persons moving from rural areas to urban areas, public & private transport activities are getting strained. Hence, persons including school children, college students, teachers, and office staff are making use of bicycles as they are cost-effective & convenient way of navigating through streets. This has culminated in rise in sale of cycling wear in recent years. Need for preventing traffic jam and collisions on roads will culminate into massive growth of cycling wear industry in near future.

Furthermore, in some of the cities across globe, public transport infrastructure is in poor state and hence bicycles prove to be a good mode of transportation & travelling option from one location to another. This will further drive market trends. A large number of persons are selecting bicycle as a ride due to hobby and keeping them active, fit, and healthy, thereby driving industry landscape. Escalation in health-related problems and rise in cases of obesity, diabetes, and high blood pressure will define cycling wear market growth. Apparently, awareness pertaining to wellness among the people across the world will expedite market value in upcoming years.

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Cycling Wear Market: Segmentation

Product Landscape

Cycle wear apparel market To Dominate Product Landscape Over 2024-2032

Cycle wear apparel is anticipated to lead product segment over assessment period owing to easy availability of cycling wear apparels. Moreover, cycle wear apparel include leggings, beanies, tight jackets, shorts, jersey, and gloves. These products provide comfort to bicycle rider and exhibit beneficial features such as durability, moisture resistance, and windproof & waterproof characteristics. Apart from this, cycle wear fabrics supports the body of riders and offers ease & comfort to them.

Distribution Channel Insights

Hypermarket & Supermarket Stores To Contribute Majorly Towards Overall Market Revenue By 2032

The growth of hypermarket & supermarket stores segment can be credited to wide availability of cycling wear products in these stores. Apart from this, Nike and Adidas are some of the reputed brands that provide large proportion of discounts on cycling wear products on purchase from these stores.

Cycling Wear Market: Report Scope

Cycling Wear Market: Regional Analysis

Europe To Make Major Contributions Towards Overall Market Revenue By 2032

The regional market growth during 2024-2032 can be credited to launching of electric bicycles in countries such as Germany, Italy, France, and the UK. In addition to this, growing focus of member countries of EU on maintaining green environment along with curbing of fuel emissions to protect environmental degradation will drive regional market trends.

Cycling Wear Market: Competitive Players

• Castelli Cycling
• Rapha Racing Limited
• LUMIERE CYCLING
• Endura Limited
• GIRO SPORT DESIGN
• Isadore Apparel
• United Apparel Solution Ltd.
• ASSOS of Switzerland GmbH.

The global Cycling Wear Market is segmented as follows:

By Distribution Channel

• Hypermarket & Supermarket Stores
• E-Commerce

By Product

• Cycle Wear Apparel
• Cycle Wear Accessories

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa