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Professional Cycling Apparels Market: Segmented: By Type (Waterproof, Non-Waterproof), Product Type (Jersey, Gloves, Jackets, Others), By Application (Male Cyclists, Female Cyclists), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 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.
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
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.
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.
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.
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.
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
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.
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.
REPORT ATTRIBUTE |
DETAILS |
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Market size value in 2021 |
USD 4.6 Billion |
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Revenue forecast in 2032 |
USD 8.2 Billion |
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Growth Rate |
CAGR of 5.4% from 2022 to 2032 |
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Base year for estimation |
2021 |
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Quantitative units |
Revenue in USD million and CAGR from 2021 to 2032 |
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Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments covered |
Type, Product Type, Application, and Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
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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. |
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.
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.
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.
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