The Cycling Wear Market is being driven by Increased adoption of cycling to maintain fitness
The Cycling Wear Market is expected to grow at a CAGR of 8.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2068.4 million. The cycling wear market is witnessing an increasing demand for customized products, particularly among corporate users, associations, and cycling clubs. Customization options include designs, colors, names, branding, and raw materials. In recent years, this trend has gained significant traction in developed regions such as the Americas and Europe. Emerging economies like China and India are also experiencing a rising demand for customized goods, including cycling wear. Customized cycling apparel commands a higher price point than standard offerings, with premium brands catering to this segment by providing visually appealing customized products.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
197 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.4% |
Market growth 2025-2029 |
USD 2068.4 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
7.6 |
Key countries |
US, Germany, Canada, UK, Italy, France, The Netherlands, China, South Korea, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The cycling wear market encompasses apparel and accessories designed for avid cyclists. This includes shorts, jackets, leggings, gloves, and jerseys. Chronic diseases such as hypertension, diabetes, and obesity are common health issues among consumers. Doctors and health coaches encourage regular cycling practices to mitigate these health problems. Cycling events and sporting activities showcase visible cycling jackets, headgear, and other essential accessories. Accident rates are reduced with proper cycling wear, contributing to overall health and fitness. Ill effects of sedentary lifestyles can be combated through consistent cycling habits.
The cycling wear market is a significant segment of the larger global apparel, accessories, and luxury goods industry. This market encompasses companies specializing in the manufacturing and marketing of cycling wear apparel, such as shorts, jackets, leggings, gloves, and jerseys. Additionally, it includes providers of related accessories. The market's size is determined by the consolidated revenues of textiles, apparel, footwear, accessories, and luxury goods manufacturers and marketers. Factors driving growth in this sector include the expanding population of working women, leading to increased disposable income and consumer spending on cycling wear and related accessories.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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