Professional Cycling Apparels Market Size, Industry Share, Forecast, 2032

Professional Cycling Apparels Market Size

[170+ Pages Research Report] to surpass USD 8.2 billion by 2032 from USD 4.6 billion in 2021 at a CAGR of 5.4% in the coming years, i.e., 2022-2032.

Professional cycling apparel is specialized clothing for cycling activities. While the great majority of cyclists in the world ride in traditional clothes, a cycling jersey has several benefits for the sportier rider. To facilitate the bent-over stance employed in sport-oriented cycling, cycling jerseys are cut long in the back. Since front pockets tend to spill, the pockets of the jersey are all located on the back panel. For the cyclist to open up the jersey and allow the passing of air, the zipper is frequently built to be exceptionally long. To reduce air resistance, cycling jerseys are usually worn tightly. The fabric used to make jerseys is intended to drain moisture away from the skin, making the wearer cooler and more comfortable.

Market Highlights

Professional Cycling Apparels Market is expected to project a notable CAGR of 5.4% in 2032.

The market for professional cycling apparel is expanding thanks to the numerous opportunities created by the introduction of innovative, cutting-edge, and affordable items into the marketplace, as well as the rising popularity of advanced apparel over traditional products. Moreover, a growing number of working women have taken up fitness and wellness activities since they are concerned about their health. This is expected to majorly contribute to the expansion of the market for professional cycling apparel worldwide.

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Professional Cycling Apparels Market: Segments

The Waterproof segment is expected to grow with the highest CAGR during 2022-32

Based on Type, the global Professional Cycling Apparels Market is fragmented into Waterproof and Non-Waterproof. The Waterproof segment is expected to lead the market over the forecast period owing to its benefits in bicycle jerseys. Nowadays, advanced synthetic fabrics are used to make the majority of bicycle apparel. They combine the greatest qualities of nylon, elastane, and polyester to produce excellent cycling jerseys that drain away perspiration, stretch without losing shape, increase ventilation, and also have water resistance or wind-blocking properties.

Male Cyclists segment is expected to grow with the highest CAGR during 2022-32

Global Professional Cycling Apparels Market is classified on the basis of Application into Male Cyclists and Female Cyclists. Due to the greater number of men who participate in cycling and the greater number of cycling championships held for men, it is projected that the market for male cyclists will be the largest. Furthermore, in England, 1.9 percent of men and 0.6 percent of women commute everyday on bicycles.

Figure - Market Analysis of Global Professional Cycling Apparels

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Market Dynamics

Drivers

Higher Adoption of Cycling as an Exercise or a Hobby is majorly driving the Market

One of the factors driving the market's growth is the increasing use of cycling as a pastime or a form of exercise to stay healthy and fit. Rising sports-related advertisements for BMX, cycle speedway, and mountain biking in print, online, and on television also help to boost gear sales. In addition to this, international events have boosted the popularity of cycling and consequently the demand for its products. Also, as there is a rise in interest in cycling sports, municipal or state officials may hold cycling marathons in which the general public is invited to participate.

The Growing Health Benefits of Cycling and Increasing Innovations in Cycling Apparels

Cycling's health benefits, including bone strengthening, body fat reduction, reduced stress levels, and others, have increased cycling activity and, as a result, product demand. A significant chance for the market's expansion is also provided by the invention of luminous smart cycling clothing. Due to its ability to glow in the dark, this clothing might assist prevent mishaps that might occur at night.

Restraint

Low Awareness of the Benefits of Wearing the Right Apparel

Lack of knowledge among the public about the advantages of wearing appropriate clothing when riding a bicycle is limiting the growth of the market.

Professional Cycling Apparels Market: Key Players

Spakct
Rapha
Pearl Izumi
Nike
Mysenlan
MERIDA
Marcello Bergamo
JAKROO
Jaggad
GIANT
CCN Sport
Castelli
Capo
Assos
Adidas
Other Prominent Players

Professional Cycling Apparels Market: Regions

Global Professional Cycling Apparels Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. During the projection period of 2020–2027, Europe is expected to dominate the market for professional cycling apparel. The leading countries in this region, including the Netherlands, Denmark, Germany, and Sweden, are those with the highest per capita bicycle ownership rates, which is driving up sales of the product. Also, the region's population is becoming more and more focused on leading healthy lifestyles, which has increased the number of people who cycle for exercise, which in turn has increased product demand.

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Impact of COVID-19 on Professional Cycling Apparels Market

In the midst of the COVID-19 case flood, states from all over the world complied with a few absurd demands, putting an end to the errands and financial transactions of associations. Companies noticed fresh development during the pandemic, which ensured connection consistency as well as expanded creation, boosting the Professional Cycling Apparel Market globally.

Professional Cycling Apparels Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States, Mexico, and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Russia, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, Japan, Australia, and Rest of Asia Pacific
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – UAE, South Africa, and Rest of Middle East and Africa

Professional Cycling Apparels Market report also contains analysis on:

Professional Cycling Apparels Market Segments:

By Type
- Waterproof
- Non-Waterproof
By Product Type
- Jersey
- Gloves
- Jackets
- Others
By Application
- Male Cyclists
- Female Cyclists
Professional Cycling Apparels Market Dynamics
Professional Cycling Apparels Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Professional Cycling Apparels Market Report Scope and Segmentation

REPORT ATTRIBUTE	DETAILS
Market size value in 2021	USD 4.6 Billion
Revenue forecast in 2032	USD 8.2 Billion
Growth Rate	CAGR of 5.4% from 2022 to 2032
Base year for estimation	2021
Quantitative units	Revenue in USD million and CAGR from 2021 to 2032
Report coverage	Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered	Type, Product Type, Application, and Region
Regional scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Key companies profiled	Spakct, Rapha, Pearl Izumi, Nike, Mysenlan, MERIDA, Marcello Bergamo, JAKROO, Jaggad, GIANT, CCN Sport, Castelli, Capo, Assos, Adidas, and Other Prominent Players.

Frequently Asked Questions (FAQ):

Professional Cycling Apparels Market size was estimated at USD 4.6 billion in 2021 and is expected to reach USD 8.2 billion in 2032.

The Waterproof and Male Cyclists segments accounted for the largest Professional Cycling Apparels Market share.

Key players in the Professional Cycling Apparels Market include Spakct, Rapha, Pearl Izumi, Nike, Mysenlan, MERIDA, Marcello Bergamo, JAKROO, Jaggad, GIANT, CCN Sport, Castelli, Capo, Assos, Adidas, and Other Prominent Players.

The growing number of innovations in the sports apparel market is driving product innovation, which is ultimately impacting the growth of the professional cycling apparel market.