Leading Companies in the Global Cycling Apparel Market

The global cycling apparel market size reached a value of USD 5,323.88 million in 2023. The market is projected to grow at a CAGR of 4.9% between 2024 and 2032 to reach around USD 8,188.57 million by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the increasing adoption of cycling due to the importance of health and wellbeing.

Cycling apparel are developed with special features to keep the user comfortable, efficient, and protected while riding the bike. Cycling jerseys are made aerodynamic making the cycling process easier. The increasing urbanisation and the rise in living standards are significantly leading to the popularisation of cycling, predominantly as a form of aerobic exercise that enhances cardiovascular fitness. Cycling has become a healthy, eco-friendly, and fashionable green activity, adopted by men, women and children alike. This further is catering to an increased adoption of cycling apparel to better cope with environmental factors. About 58% of the population in the Netherlands commute by bike, making the Netherlands the top country that rides bike the most.

It is estimated that about 42% of households across the globe have at least one bike, equating to over 580 million bikes. Additionally, in the United States, cycling is the 3rd most popular outdoor activity with more than 51 million Americans riding a bike each year.

The rising technological advancements are significantly supporting the cycling apparel market growth. High-visibility clothing is gaining traction, that is designed to increase the wearer's visibility in various environments, particularly in low-light conditions or environments with reduced visibility. High-visibility clothing is developed with fluorescent materials and reflective materials that include reflective yarn, reflective piping, rainbow reflective fabric, silver reflective fabric, etc.

Figure: World’s most bicycle friendly cities as per global bicycle cities index 2022

As per the cycling apparel market analysis, the rising concerns regarding environmental safety and protection is catering to the adoption of eco-friendly apparel and materials. Plant-based materials are gaining traction, increasing their adoption by eco-conscious individuals.

In February 2024, US fabrics manufacturer Polartec partnered with Le Col, a London based cycle apparel brand to launch plant-based performance fabric that provides “active insulation. The Power Shield fabric from Polartec—made with 50% fewer emissions than similar fabrics has waterproof outer layer with 48% non-PFAS plant-based content.

In August 2022, New cycle apparel brand, Moment launched its first collection of British-designed and Italian-made kits. The collection named Disconnect, includes recycled material jerseys meeting the Global Recycled Standard and cargo bibshorts built for exploring.

Top 6 Cycling Apparel Companies in the World:

Nike.Inc

Nike Inc. is a global leader in designing, developing, and manufacturing accessories, sports apparel, footwear, equipment, and services. The company provides its products through key brands, including Air Jordan, Nike Blazers, Nike Pro, Nike+, Nike Golf, Air Max, and others, as well as subsidiaries such as Jordan, Hurley Int., and Converse. The company provides a wide selection of cycling apparel for men, women, and children, including tops, T-shirts, sports bras, pants, socks, tights, shorts, compression and baselayer garments, and accessories such as gloves, mitts, sunglasses, and socks.

adidas AG

Adidas engages in the design, distribution, and marketing of athletic and sporting lifestyle products. The company continuously pushes the boundaries of its products, experiences, and services by leveraging a profound understanding of consumer habits and trends. With a robust global presence, Adidas boasts a workforce of over 59,258 employees worldwide. The company has a wide range of cycling apparel and accessories both for men and women, including cycling shoes, cycling tights, graphic tee, cycling shorts, cycling pants, indoor cycling shoes, cycling jerseys, cycling jackets, cycling top, cycling bib tights, short sleeve cycling jersey, cycling hijab, socks, among others.

Manifattura Valcismon S.p.A

Manifattura Valcismon S.p.A is an Italian family-owned house of brands specialized in sportswear. The company has a presence of over 250 employees and operates across 75 countries. Also, the company produces about 5 million clothes each year. Currently, MVC Group, with six subsidiaries (in the U.S., Canada, Germany, Japan, China, and Spain). The brands of the company are Sportful, CastelliKarpos and Zoot.

Rider Sportsfashion L.L.C. (dba Jakroo)

Rider Sportsfashion is a sporting goods manufacturing company in the United States. The company provides custom cycling and triathlon apparel to teams, individuals, and events. The company provides road bike, mountain bike, triathlon, active, and nordic products.  The company’s active products are provided to both men and women and include jerseys and tops, accessories, hoodies & jackets, and non-custom essentials.

Specialized Bicycle Components, Inc.

Specialized Bicycle Components specialises in bicycles, design, engineering, product development, marketing, human resources, sales, finance, outdoor industry, cycling, distribution, and eCommerce. The product categories of the company include bikes, parts, apparel, and accessories. Specialised bicycle components provide its bicycle apparel in collections such as Foundation, Prime- Series, ADV, Trail-Series, Gravity, and Kids.

Under Armour, Inc.

Under Armour is engaged in developing, marketing and distributing branded performance apparel, footwear and accessories for men, women and youth. The company’s products are majorly designed for athletic and active occasions, and also can be used in casual occasions. Some of the apparel categories of the company include COLDGEAR, COLDGEAR INFRARED, HEATGEAR, UA Iso-Chill, UA RUSH, UA SMARTFORM and UA STORM.