Motorcycle Apparel Market | Leading Segments, Trends, Drivers and Challenges
Market Forecast and Growth Projections 2022-2026
The motorcycle apparel market is expected to grow by $ 3.67 bn, accelerating at a CAGR of almost 6.55% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.
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Motorcycle Apparel Market: Leading Segments and Growth Analysis
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- The report segments the market by Application (road motorcycle apparel and off-road motorcycle apparel) and Geography (North America, Europe, APAC, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
- 41% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Motorcycle Apparel Market size.
Motorcycle Apparel Market: Top Trends, Drivers, Challenges to drive Market Recovery
Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.
- A key market driver for the Motorcycle Apparel Market will be increasing number of road accidents.
- Increasing demand of apparel such as helmet, jackets, shoes and others is another factor that will be instrumental in driving market growth during the forecast period.
- Increasing availability of counterfeit products is a hurdle that needs to be crossed on the path to success.
Motorcycle Apparel Market: Vendor Analysis
- The market is fragmented.
- 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.
- AGV Sports Group Inc., Alpinestars Spa, Dainese Spa, Dunham Athleisure Corp., FLY Racing, Fox Racing Inc., KIDO Sports Co. Ltd., Polaris Inc., Spartan ProGear Co., and Vega Auto Accessories Pvt. Ltd. are some of the major market participants.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of 6.55%.
- What is the incremental growth of the market?
The market is expected to grow by $ 3.67 bn through 2022-2026.
- What is a key factor driving this market?
Increasing number of road accidents will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
- Which is the leading geographic region for this market:
41% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are AGV Sports Group Inc., Alpinestars Spa, Dainese Spa, Dunham Athleisure Corp., FLY Racing, Fox Racing Inc., KIDO Sports Co. Ltd., Polaris Inc., Spartan ProGear Co., and Vega Auto Accessories Pvt. Ltd.
- What are the market segments covered in this report?
The market is segmented by Application (road motorcycle apparel and off-road motorcycle apparel) and Geography (North America, Europe, APAC, South America, and MEA)