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Bicycle Apparels & Accessories Market Research Future Insights
According to MRFR analysis, the global Bicycle Apparels & Accessories market is expected to register a CAGR of 5.05% from 2022 to 2030 and hold a value of over USD 9,529.1 million by 2030.
Bicycle apparels and accessories are clothing and other items that are designed for use by cyclists. Bicycle apparels include items such as jerseys, shorts, gloves, and other cycling-specific clothing. Bicycle accessories include items such as helmets, lights, locks, and other items that are used to enhance the cycling experience or to improve safety. The COVID-19 pandemic has had some impact on the production and sales of bicycle apparel and accessories. The demand for these products has increased during the pandemic, as many people have turned to cycle as a way to stay active and get outside while social distancing. The pandemic has also led to an increase in the popularity of cycling as a form of transportation, which has contributed to the increase in demand for these products.
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Regional Analysis
The European bicycle apparel & accessories market had the highest share of the global market. Several cycling events are organized every year in the region, and numerous individuals participate in these, increasing sales of bicycle apparel & accessories.
Market Segmentation
The Global Bicycle Apparels & Accessories market has been segmented into type, application, and vertical.
Based on the type, the market has been segmented into Helmets, Jerseys & Tees, Gloves, Pants & Shorts, Shoes, Goggles & Glasses, Protection Gear, Socks, and Others.
Based on the category, the market has been segmented into Mountain Bikes, Road Bikes, City Bikes, and Others.
Based on the verticals, the market has been segmented into Store-Based [Super markets & Hypermarkets, Specialty Stores, Others] and Non-Store-Based.
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Key Players
Some of the key market players are Adidas AG, Giant Bicycles, Inc, Specialized Bicycle Components, Inc., Trek Bicycle Corporation, ASSOS of Switzerland GmbH, Rapha Racing Limited, POC Sports, Fox Head Inc, 100% Speedlab, LLC, PEARL iZUMi, Manifattura Valcismon S.P.A., Black Sheep Cycling.
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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
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