![Cycling Apparel Market to See Strong Expansion Through 2026](https://knnit.com/wp-content/uploads/2022/08/cycling-apparel-market-to-see-strong-expansion-through-2026_200027.jpg)
Cycling apparel consists of clothing that are worn by a cyclist, generally a professional cyclist, during a cycle race.
Globally, rise in bicycle sales and the number of cyclists is increasing the demand for cycling apparel. Moreover, rise in health consciousness and increase in adoption of green transportation among consumers is also fuelling the demand for cycles across the globe, which in turn is driving the demand for cycling apparel. Rise in e-commerce and third-party online sale of cycling apparel is propelling the global cycling apparel market.
Request A Sample :
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51951
Based on product type, the global cycling apparel market can be segmented into topwear, bottomwear, gloves, and accessories. The topwear segment can further be sub-segmented into jerseys, rain jackets, t-shirts, body insulators, gloves, socks, and overshoes. Likewise, the bottomwear segment can be further split into bib shorts, tights & pants. In terms of consumer, the global cycling apparel market can be segregated into men and women. Based on distribution channel, the cycling apparel market can be bifurcated into online channel and offline channel. The offline channel can be further sub-segmented into sports variety stores, franchisee stores, sports retail chains, modern trade, etc. The online channel segment can further be sub-segmented into direct-to-consumer channel, company websites, and third-party online channels.
Geographically, the global cycling apparel market has been segregated into North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America is expected to be a prominent market for cycling apparel during the forecast period. The U.S. is expected to lead the market in North America from 2018 to 2026, followed by Canada. Europe is a significant market for cycling apparel. Germany is expected to be a leading cycling apparel market in the region in the next few years. The U.K. and France are other significant markets in Europe. The U.K. is witnessing a rise in demand for cycles. In January 2016, according to the sport’s governing body in the U.K., British Cycling, more than two million people across the U.K. cycle at least once a week, which is increasing consistently.
Buy our Premium Research Report @
https://www.transparencymarketresearch.com/checkout.php?rep_id=51951<ype=S
According to British cyclist retailer Halfords Group plc, sale of cycles in the U.K. have risen by 11.0% till March 27, 2015 and is increasing. According to the U.K., statistics body ONS (Office of National Statistics), sales of cycles manufactured in the U.K. have risen by 69.0% in 2014. In January 2016, the U.K.-based cycling apparel manufacturer Rapha Racing Ltd, a cycling apparel supplier of Team Sky pro road bike team, informed that it’s cycling apparel sales and cycle sales have risen by more than 30.0% per annum for more than 11 years. All these factors are increasing the demand for cycling apparel in the U.K. and across Europe in general.
Asia Pacific is expected to be a major cycling apparel market in the world. China is expected to be a leading cycling apparel market in the region. Japan, South Korea, and India are other major cycling apparel market in Asia Pacific. Demand for eco-friendly, affordable cycles is rising in Asia Pacific, which in turn is expected to fuel the demand for cycling apparel in countries such as China and India.
Middle East & Africa is a significant market for cycling apparel, with GCC dominating the market in the region. South Africa is another major market for cycling apparel in Middle East & Africa. Brazil is expected to a major cycling apparel market in South America during the forecast period. Argentina is another significant market for cycling apparel in South America.
Major companies operating in the global cycling apparel market include Adidas AG, ASSOS of Switzerland GmbH, Black Sheep, Upland Sports Group, Giant Manufacturing Company, Rapha Racing Ltd., Specialized Bicycle Components, Trek Bicycle Corporation, Velocio International, Ornot, and Halfords Group plc.
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact Us
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
Website: https://www.transparencymarketresearch.com