The cycling jersey market share is expected to grow by USD 237.28 million, accelerating at a CAGR of 7.86% during the forecast period. The market is segmented by distribution channel (offline and online) and geographic (Europe, North America, APAC, and South America). The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects. Unlock Free Sample Analysis Report
The cycling jersey market is segmented by Distribution Channel (Offline and Online) and Geography (Europe, North America, APAC, South America, and MEA). Customization of cycling jersey is the major cycling jersey market trend that impacts the market value.
Based on the market segmentation by distribution channel, the cycling jersey market size by the offline segment will be significant during the forecast period. 34% of the market's growth will originate from APAC during the forecast period. China is the key market for cycling jerseys in APAC. The cycling jersey market report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.
One of the primary factors that will drive market growth is the growing need for fitness. However, the fluctuating prices of raw materials are the major hindrance for the cycling jersey market vendors. The cycling jersey market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.
The market is fragmented due to the presence of several players. ASSOS of Switzerland GmbH, Adidas AG, FOX HEAD Inc., Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Pending System GmbH & Co. KG, Rapha Racing Ltd., Shimano Inc., Trek Bicycle Corp., and Troy Lee Designs Inc. are some of the major cycling jersey market vendors.
The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
The cycling jersey market report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. Download the Free PDF Sample Report
