Cycling Wear Market Competitive Landscape & Strategy Framework To 2030

The 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 has witnessed steady growth due to the increasing popularity of cycling for health, fitness, and eco-friendly commuting. In 2023, the market size was valued at USD 7.38 billion, and it is expected to expand at a CAGR of 5.36% during the forecast period. The rise in cycling events, government initiatives promoting cycling infrastructure, and the adoption of cycling as a sustainable mode of transportation are key factors fueling market expansion. Regions such as Europe and Asia-Pacific are leading in market demand, with Europe holding a 34% market share in 2023. Asia-Pacific is anticipated to witness significant growth due to the rising interest in cycling events and increasing disposable income.

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The global cycling wear market was valued at USD 7.38 billion in 2023 and is projected to grow at a CAGR of 5.36% over the forecast period. Cycling wear comprises apparel and accessories designed to enhance comfort, performance, and safety for cyclists. Increasing consumer awareness about health benefits associated with cycling and the growing trend of cycling as a leisure and sports activity are driving the market. The market is segmented based on product type, distribution channel, and region, with leading players investing in research and innovation to introduce advanced cycling apparel with moisture-wicking and high-visibility features.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲:https://www.stellarmr.com/report/req_sample/Cycling-Wear-Market/272

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

The cycling wear market is experiencing growth due to several key drivers:

Health and Fitness Trends: The rising prevalence of lifestyle-related diseases like obesity, diabetes, and cardiovascular issues has led to an increased focus on fitness activities, including cycling. Health professionals and fitness coaches are recommending cycling as an effective form of exercise, boosting demand for cycling wear.

Government Initiatives: Various governments worldwide are implementing policies to promote cycling infrastructure, such as dedicated cycling lanes, parking facilities, and subsidies for cycling gear. This is encouraging people to adopt cycling, thereby driving the market.

Technological Advancements in Apparel: Innovation in cycling wear materials, such as moisture-wicking fabrics and high-visibility clothing, enhances comfort and safety, attracting more consumers.

Rising Popularity of Cycling Events: International and national cycling events such as Tour de Singkarak, Tour de Flores, and Tour de Siak are increasing consumer interest in cycling, leading to higher sales of cycling apparel and accessories.

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

Sustainable and Eco-Friendly Cycling Wear: There is a growing preference for sustainable cycling apparel made from recycled materials. Companies are focusing on producing eco-friendly cycling jerseys, shorts, and accessories to appeal to environmentally conscious consumers.

Integration of Smart Technology: The introduction of smart cycling wear embedded with sensors for biometric tracking, GPS navigation, and temperature control is gaining traction among professional and amateur cyclists.

Customization and Personalization: Consumers are increasingly opting for custom cycling jerseys and accessories, tailored to their individual preferences in terms of fit, design, and branding.

Expansion of Online Sales Channels: E-commerce platforms are witnessing significant growth in cycling wear sales. Online retailers provide a wide range of products, competitive pricing, and convenience, making it easier for consumers to purchase high-quality cycling gear.

Rise in High-Visibility Apparel: Safety concerns are driving demand for high-visibility cycling jackets with reflective materials, enhancing visibility during low-light conditions and reducing accident risks.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.stellarmr.com/report/enquire_now/Cycling-Wear-Market/272

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐆𝐥𝐨𝐛𝐚𝐥 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

In Vietnam, cycling wear demand is growing as urban cycling infrastructure improves, and more people take up cycling for fitness. Local manufacturers, including Velo and Civita, are expanding their offerings to meet this growing demand. The increasing number of cycling enthusiasts and the government's focus on promoting eco-friendly transportation are further contributing to the market's expansion.

𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

Thailand is seeing a surge in cycling's popularity, especially among younger consumers. The market is witnessing an influx of global brands, with companies like Decathlon and Shimano entering the Thai market. The growing trend of recreational cycling and urban cycling tours has created new opportunities for the cycling wear market, making Thailand a hotspot for innovative cycling apparel.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

In Japan, cycling is becoming a prominent means of transportation and exercise. Cycling wear companies are responding to consumer demand with advanced fabrics and ergonomic designs. Shimano and Giant Bicycles are among the key players driving innovation in cycling apparel. The increasing demand for high-performance cycling wear, especially for competitive cyclists, is expected to shape future trends in the market.

𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

South Korea's cycling wear market is seeing consolidation, with major local brands like Koochi and S-Line collaborating with international companies to provide high-end cycling apparel. The market is growing due to a rising focus on health and fitness, along with increased participation in cycling events and competitive races.

𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

Singapore is experiencing rapid growth in the cycling sector, driven by cycling-friendly infrastructure and increasing government initiatives promoting cycling as an eco-friendly transport alternative. As demand rises, companies like Decathlon and Cervelo are innovating their product lines to cater to both professional cyclists and casual riders, making cycling wear more accessible.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.stellarmr.com/report/req_sample/Cycling-Wear-Market/272

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭:

By Product

Cycle Wear Apparel
Cycle Wear Accessories

By Distribution Channel

Hypermarket and Supermarket
Specialty Stores
E-Commerce
Others

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.stellarmr.com/report/Cycling-Wear-Market/272

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐂𝐲𝐜𝐥𝐢𝐧𝐠 𝐖𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

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)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:
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Pune, Maharashtra, 411029
sales@stellarmr.com

𝐀𝐛𝐨𝐮𝐭 𝐒𝐭𝐞𝐥𝐥𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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