Cycling Wear Market Regulations and Competitive Landscape Outlook to 2027


Posted August 19, 2022 by pranit10

Cycling Wear Market was valued at US$ 6.32 Bn. in 2020. Global Cycling Wear Market size is estimated to grow at a CAGR of 5.36 % over the forecast period.

 
Cycling Wear Market Overview:

Clothing and accessories for cyclists are included in the category of cycling wear. Cycling-specific clothing is worn to fit and support the body while cycling. These clothes can be stretched out to give the wearer more comfort. Clothing for cyclists includes items like jerseys, shorts, jackets, and leggings, among others. The cycling wear market report includes a forecast for market size as well as PORTER, PESTLE, and segment analyses based on product, channel of distribution, and region.

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Market Dynamics:

The cycling habits advised by doctors and health coaches to maintain good health are fueling the growth of the cycling wear market. Chronic diseases like hypertension, diabetes, and obesity are becoming more common due to lifestyle changes and unhealthy eating habits.

Through the course of the forecast period, it is anticipated that the rise in sporting events and the number of cycling competitions will favourably impact market participants in the cycling wear sector. To keep their customers loyal to their cycling apparel products, manufacturers of cycling apparel and gear have created a wide range of cycling apparel and gear.

Segmentation:

By Goods, With a 70% market share in 2020, the cycle wear apparel segment dominated the cycling apparel market. The market offers a wide variety of clothing and accessories for cyclists. Cycling wear apparel includes leggings, shorts, gloves, beanies, tights, jackets, and jerseys. These items are made of premium materials that offer the rider a high level of comfort in addition to other qualities like toughness, moisture resistance, waterproofness, windproofness, and high visibility. Cycling apparel is made of flexible material for added comfort because it is made to accommodate and support the body while cycling. Through the anticipated period, these elements are anticipated to fuel the segment's growth.

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Top Companies in Cycling Wear Market:

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)
COVID-19 Impact Analysis on Cycling Wear Market:

All throughout the world, the COVID-19 recovery phase is now finished. Stellar Market Research's study on the state, trends, and COVID-19 impact of the North America Barium Chloride market analyses the market in the context of the present economic environment. SMR periodically assesses the COVID-19 pandemic's effects across all disciplines on a range of industries and verticals. The same information may be found in stellar market research (SMR) studies, which can be utilised to assess the effects of COVID-19 on industry decline and growth. A stellar market research (SMR) study can be used to determine the gap between supply and demand in a market. The stellar market research (SMR) report includes analysis, revisions to legal requirements, and other relevant data.

Key Questions answered in the Cycling Wear Market Report are:

Which product segment grabbed the largest share in the Cycling Wear market?
How is the competitive scenario of the Cycling Wear market?
Which are the key factors aiding the Cycling Wear market growth?
Which region holds the maximum share in the Cycling Wear market?
What will be the CAGR of the Cycling Wear market during the forecast period?
Which application segment emerged as the leading segment in the Cycling Wear market?
Which are the prominent players in the Cycling Wear market?
What key trends are likely to emerge in the Cycling Wear market in the coming years?
What will be the Cycling Wear market size by 2029?
Which company held the largest share in the Cycling Wear market?
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Categories Consumer
Tags cycling wear market
Last Updated August 19, 2022