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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Cycling Apparel Market Size
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.
Key Takeaways
- Electric bicycle sales reached a high record of 5.5 million units, especially in Germany, France, and the Netherlands.
- Cyclists in the United Kingdom represent 40% of the total traffic in the city, while the total of the whole accounts for 27%.
- According to reports, 21.8% of adults and people over 18 commute by foot or by cycle.
Cycling apparel is specialised clothing designed specifically for cycling, a sport and activity known for its intensity, speed, and the unique demands it places on the body. These apparel are engineered to enhance comfort, performance, and safety for cyclists, ranging from casual riders to professional athletes.
The global cycling apparel market growth can be attributed to a rise in awareness related to health and fitness among consumers and stronger participation in sports and fitness activities in various countries across the globe. There has been an increase in health-related concerns such as diabetes, high blood pressure, and obesity, among adolescents and middle-aged people. Many doctors and health trainers urge people to cycle regularly as it helps to lessen the negative effects of many medical disorders.
Cycling Apparel Market Report Snapshots
Cycling Apparel Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global cycling apparel market attained a value of nearly USD 5,323.88 million.
The market is projected to grow at a CAGR of 4.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 8,188.57 million by 2032.
The major drivers of the market include the rising frequency of cyclists in small and medium-sized cities, availability of adequate cycling infrastructure, increasing government support and initiatives, riding bicycles as a sustainable mode of transportation, and innovative product advancements.
The rise in awareness related to health and fitness among consumers and the growing popularity of adventure sports and events are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different types of cycling apparel are top wear, bottom wear, accessories, and gloves, among others.
The major players in the market are Nike.Inc, adidas AG, Manifattura Valcismon S.p.A, Rider Sportsfashion L.L.C. (dba Jakroo), Specialized Bicycle Components, Inc., Under Armour, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124