Cycling Wear Market Trend, Research, Insights and Forecast 2027
The global cycling wear market size is expected to reach USD 7.88 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.6% from 2020 to 2027. Cycling wear has been gaining increasing traction among the consumers on account of rise in awareness related to health and fitness worldwide. This is expected to boost the demand for the bicycle and subsequently drive the cycle wear demand over the forecast period.
Moreover, with more and more people moving to urban areas, modern public and private transportation systems are getting over strained. For the residents of metro cities, especially office workers and students, cycles present a cheap and convenient way to navigate through busy streets and long traffic jams. In some cities, public transportation infrastructure simply isn't that good to be called, so for them bicycles are a good way as a travelling option from one place to other.
Cycling Wear Market Report Highlights
- By product, cycling wear apparel accounted for the largest share of 68.8% in 2019 and is expected to maintain its lead during the forecast period. These products are designed with high category clothing material offering good comfort to the rider, along with other attributes including durability, moisture resistance, waterproof, windproof, and high visibility
- Based on distribution channel, hypermarket and supermarket retail sector accounts for the largest share of more than 39.8 % in 2019, driven by the demand for cycling apparel by the professional and casual riders impending to the safety while riding
- Europe is emerged as the largest regional market with a share of 29.1% in 2019 and is expected to witness significant growth over the forecast period. This is attributed to rise in awareness related to health and fitness among the consumers.
Browse through Grand View Research's Clothing, Footwear & Accessories Industry Research Reports.
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Segments Covered in the Report
Grand View Research has segmented the global cycling wear market on the basis of product, distribution channel, and region:
Cycling Wear Product Outlook (Revenue, USD Million, 2016 - 2027)
- Cycle wear apparel
- Cycle wear accessories
Cycling Wear Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
- Hypermarket and Supermarket
- Sports Variety Stores
- E-commerce
- Others
Cycling Wear Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- Japan
- Central & South America
- Brazil
- Middle East & Africa (MEA)
Order a free sample PDF of the Cycling Wear Market Intelligence Study, published by Grand View Research.
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