Cycling Apparel Market Analysis and Insights:
The market for Global Cycling Apparel was estimated to be worth USD 4.93 billion in 2023, and from 2024 to 2032, it is anticipated to grow at a CAGR of 4.89%, with an expected value of USD 7.69 billion in 2032.
The growth and demand in the cycling apparel market are fueled by a variety of factors. The surge in popularity of cycling both as a leisure activity and a means of transportation has resulted in an expanding base of cyclists, thus widening the audience for cycling apparel. Moreover, the increasing emphasis on health and fitness has prompted people to adopt more active lifestyles, spurring a greater interest in cycling and, consequently, driving the need for cycling apparel. Advances in fabric technology and the introduction of cutting-edge materials that enhance performance, comfort, and safety have also enticed consumers to invest in top-of-the-line cycling attire. Additionally, the influence of prestigious cycling competitions like the Tour de France has significantly contributed to the escalation in demand for cycling apparel, with enthusiasts aspiring to mirror the style of their favorite professional cyclists. Notably, the growing popularity of athleisure and the preference for functional and comfortable clothing in daily wear have further accelerated the expansion of the cycling apparel market. Collectively, these diverse factors work in tandem to foster the sustained growth and evolution of the cycling apparel industry.
Cycling Apparel Market Definition
Cycling apparel pertains to a unique category of attire strategically crafted to improve comfort and optimize performance during cycling activities. This collection includes various pieces like tops, bottoms, and footwear. Typically, these garments are constructed using moisture-absorbing fabrics, cushioning, and high-visibility components to ensure peak efficiency and safety throughout cycling sessions.
Cycling attire plays a crucial role for cyclists due to several key reasons. Firstly, it ensures optimal comfort and safety by offering a form-fitting design that minimizes friction, thus preventing discomfort and potential skin irritation. Secondly, the use of moisture-wicking fabrics in cycling apparel helps to regulate the rider's body temperature and effectively manage sweat, particularly beneficial during extended rides or varying weather conditions. Moreover, many cycling garments incorporate reflective components to enhance visibility and promote cyclist safety by increasing their presence to motorists. Lastly, the aerodynamic design of cycling apparel reduces wind resistance, promoting efficiency and enhancing overall performance. Therefore, cycling attire serves as a vital component in enhancing comfort, safety, performance, and visibility, thus elevating the overall cycling experience.
Cycling Apparel Market Segmental Analysis:
Insights On Product
Amateur
The Amateur product is expected to dominate the Global Cycling Apparel Market. Amateur cyclists represent a significant portion of the cycling community, and their demand for cycling apparel is steadily growing. This part includes individuals who engage in cycling as a recreational activity or as a form of exercise, rather than for professional or competitive purposes. With the rising popularity of cycling for leisure and fitness, there is a growing market for comfortable and stylish apparel tailored to the needs of amateur cyclists. Manufacturers are increasingly focusing on designing and producing cycling apparel that appeals to this part, offering a wide range of products such as jerseys, shorts, and accessories that cater to their specific preferences and requirements. As a result, the Amateur part is expected to dominate the Global Cycling Apparel Market.
Professional
While the Amateur product is expected to dominate the Global Cycling Apparel Market, the Professional product also holds significant importance. Professional cyclists, including those participating in races, competitions, and sponsored events, have specific demands for high-performance cycling apparel. These individuals prioritize factors such as aerodynamics, breathability, and lightweight materials to enhance their performance during races. Manufacturers catering to the Professional part often invest in advanced technologies, research, and development to create cutting-edge cycling apparel that meets the requirements of professional athletes. Although the Professional part might not dominate the overall market due to its narrower customer base, it remains a crucial that drives innovation and sets trends within the cycling apparel industry.
Insights Key Type
Jackets
It is expected that Jackets will dominate the Global Cycling Apparel Market. Jackets are an essential piece of cycling apparel as they provide protection from the elements and offer thermal insulation. In addition, jackets are versatile and can be worn in a variety of weather conditions, making them a popular choice among cyclists. With advancements in fabric technology, jackets now offer enhanced breathability, waterproofing, and wind resistance, further boosting their appeal. The demand for cycling jackets is expected to be driven by increasing participation in cycling activities, growing popularity of cycling as a recreational sport, and rising awareness about the importance of safety and comfort during cycling expeditions. As a result, the Jackets part is expected to dominate the Global Cycling Apparel Market.
Jersey
Jerseys are another significant sector of the Type category in the Global Cycling Apparel Market. Cycling jerseys are designed to be lightweight, breathable, and moisture-wicking, making them ideal for long rides. They are often made from technical fabrics that offer excellent ventilation and help regulate body temperature. Jerseys also typically feature a tight fit and have pockets at the back to store small items such as energy gels or keys. The demand for cycling jerseys is driven by the growing popularity of competitive cycling events, increasing interest in cycling as a form of exercise, and the rise of cycling clubs and teams. While jerseys are expected to have a considerable market share, they may not dominate the market as extensively as jackets due to the wider range of options available for cyclists.
Gloves
Gloves play a crucial role in the Global Cycling Apparel Market, although they may not dominate the market as significantly as jackets or jerseys. Cycling gloves provide protection, cushioning, and grip, enhancing overall comfort and control during rides. They help absorb shock and vibration, reduce pressure on the hands, and protect against blisters and calluses. Gloves also provide additional safety by minimizing the risk of hand injuries in case of falls or accidents. The demand for cycling gloves is driven by the increasing number of cyclists, the rising popularity of cycling as a means of transportation, and the growing emphasis on safety gear. While gloves are an essential accessory for cyclists, they are likely to have a smaller market share compared to jackets and jerseys.
Others
The Others category within the Type category includes various cycling apparel items that do not fall under the specific categories of jackets, jerseys, or gloves. This part may consist of items such as cycling shorts, bibs, arm warmers, leg warmers, and headwear. While these products have their own significance and contribute to the overall cycling apparel market, they are expected to have a relatively smaller market share compared to jackets, jerseys, and gloves. The demand for these items is driven by specific needs and preferences of individual cyclists, such as the need for padded shorts or the desire for additional protection from the sun or wind. However, due to the dominance of jackets and jerseys in terms of functionality and popularity, the "Others" part may not possess the same level of market dominance.
Insights On End-user
Female
The female end-user is expected to dominate the Global Cycling Apparel Market. In recent years, there has been a growing interest among women in cycling as a form of exercise, transportation, and recreational activity. This has led to an increased demand for cycling apparel specifically designed for women. Manufacturers have responded by offering a wide range of products tailored to the needs and preferences of female cyclists. These include cycling jerseys, shorts, tights, and accessories that prioritize comfort, performance, and style. With more women participating in cycling and seeking appropriate apparel, the female part is projected to have a significant impact on the Global Cycling Apparel Market.
Male
While the female end-user is expected to dominate the Global Cycling Apparel Market, the male end-user remains an important player of the market as well. Men have traditionally been the primary consumers of cycling apparel, considering their higher participation rates in the sport. However, the market dynamics are shifting, with an increasing number of women joining the cycling community. As a result, manufacturers have started offering a wider range of cycling apparel options for men, including jerseys, shorts, bibs, and other accessories. Although the male part might not dominate the market as strongly as in the past, it still represents a significant customer base, contributing to the overall growth and development of the Global Cycling Apparel Market.
Global Cycling Apparel Market Regional Insights:
Europe
Europe is expected to dominate the Global Cycling Apparel market. The region boasts a strong cycling culture with a high number of cycling enthusiasts and professional cyclists. Additionally, Europe is home to several prominent cycling apparel brands, offering a wide range of products catering to different cycling disciplines. The region's well-developed infrastructure and commitment to sustainable transportation also contribute to the growth of the cycling apparel market. Furthermore, Europe's favorable government policies promoting cycling as a mode of transportation further propel the demand for cycling apparel. Overall, these factors position Europe as the dominant player in the Global Cycling Apparel market.
North America
North America showcases a significant presence in the global cycling industry, but it falls short of dominating the global cycling apparel market. The region has a substantial number of cycling enthusiasts, with a growing trend towards cycling for fitness and recreational purposes. However, compared to Europe, the cycling culture and infrastructure are not as prevalent in North America. Despite this, North America still presents a lucrative market for cycling apparel manufacturers, with a demand driven by cycling events, urban cycling, and the increasing popularity of e-bikes.
Latin America
When it comes to the dominance of the global cycling apparel market, Latin America lags behind Europe and North America. The region has a smaller presence in the international cycling scene, with fewer professional cyclists and a comparatively limited cycling culture. However, Latin America does have pockets of cycling enthusiasts, especially in countries like Colombia and Argentina, known for their biking culture. The market for cycling apparel in Latin America is still growing, driven by the rising interest in cycling for recreation, fitness, and commuting purposes.
Asia Pacific
Asia Pacific presents a promising market for cycling apparel, but it is not expected to dominate the global cycling apparel market. The region has a large population and an increasing interest in cycling, fueled by growing concerns for health and the environment. In countries like China, Japan, and India, the number of cycling enthusiasts is growing rapidly. However, the cycling culture and infrastructure are still developing in many parts of Asia Pacific. With the rise of cycling tourism and the increasing popularity of mountain biking, the demand for cycling apparel is expected to rise in the region, making it an attractive market for manufacturers.
Middle East & Africa
The Middle East & Africa region has a comparatively smaller presence in the global cycling apparel market. The region faces various challenges, including extreme weather conditions, limited cycling infrastructure, and a lack of widespread cycling culture. However, some countries like South Africa and the United Arab Emirates have shown a growing interest in cycling, especially for leisure and fitness purposes. Despite the potential for growth, the region is not expected to dominate the global cycling apparel market due to these challenges. However, as the popularity of cycling continues to rise, there could be opportunities for the cycling apparel market to expand in certain areas within the Middle East & Africa.
Global Cycling Apparel Market Competitive Landscape:
Prominent entities within the worldwide cycling apparel industry significantly contribute to the design and production of top-tier cycling garments and gear, meeting the escalating need for performance-boosting attire among cyclists on a global scale. Moreover, these stakeholders dedicate resources to pioneering technologies and strategic marketing initiatives to sustain a leading position within the market.
Prominent companies in the cycling apparel industry comprise Pearl Izumi, Castelli, Assos, Rapha, Santini, Craft, Louis Garneau, Gore Bike Wear, Endura, and Sugoi. These esteemed brands are celebrated for crafting top-tier cycling garments including jerseys, shorts, bibs, jackets, gloves, and accompanying accessories tailored to the specific requirements of both professional and recreational cyclists. Pearl Izumi boasts a rich legacy of delivering cutting-edge and performance-oriented cycling attire, while Castelli is revered for its streamlined and aerodynamic creations. Assos stands out for its utilization of highly innovative fabrics and ergonomic design elements. Rapha prioritizes offering high-end cycling apparel that seamlessly blends style with practicality, while Santini is esteemed for its superb Italian artisanship. Craft, Louis Garneau, and Gore Bike Wear are also prominent names known for their diverse collections of cycling apparel suitable for varying climatic conditions. Endura and Sugoi are recognized for their robust and utilitarian cycling clothing tailored for rigorous riding expeditions.
Global Cycling Apparel Market COVID-19 Impact and Market Status:
The global market for cycling apparel has been significantly impacted by the Covid-19 pandemic, leading to a decrease in sales and manufacturing as a result of lockdown measures and interruptions in the supply chain.
The cycling apparel market has experienced a notable impact from the COVID-19 pandemic. With the enforcement of lockdowns and restrictions that limit outdoor activities, there has been a decrease in the demand for cycling attire. The postponement and cancellation of biking events and competitions have led to a reduced requirement for high-performance cycling clothing. Furthermore, the closure of brick-and-mortar stores and limitations on non-essential shopping have negatively influenced the sales of cycling apparel. Despite these challenges, there has been a noticeable change in consumer behavior towards engaging in solitary outdoor activities like cycling for exercise and relaxation. Consequently, there is a growing demand for more casual and comfortable cycling attire, such as leisurewear and athleisure. Online retail has emerged as the primary shopping avenue for consumers seeking cycling apparel due to the shuttering of physical stores. As the pandemic progresses, the cycling apparel market is anticipated to gradually recover as lockdown restrictions are lifted and outdoor activities resume. Nonetheless, it may take some time for the market to reach pre-pandemic levels.
Recent Trends & Innovations in the Cycling Apparel Market:
- In March 2021, Rapha, a premium cycling apparel brand, announced a strategic partnership with Palace Skateboards, a British streetwear label, to collaborate on a limited edition collection.
- In February 2021, Assos, a Swiss cycling apparel manufacturer, launched their new Equipe RS Aero Lightweight Jersey, featuring innovative breathability and moisture-wicking technologies.
- In January 2021, Pearl Izumi, a leading cycling apparel brand, was acquired by Shimano, a Japanese multinational manufacturer of cycling components. This acquisition allowed Shimano to broaden its portfolio and strengthen its presence in the cycling market.
- In November 2020, Castelli, an Italian cycling apparel brand, introduced the Alpha RoS jacket, which combines thermal insulation and rain protection in a single garment, catering to the needs of cyclists in varying weather conditions.
- In October 2020, Santini, an Italian cycling apparel manufacturer, collaborated with Trek-Segafredo, a professional road cycling team, to develop custom-designed team kits for the 2021 racing season.
- In September 2020, Gore Wear, a performance sportswear company, launched the C7 Long Distance Bib Shorts+, featuring integrated seat pad technology for enhanced comfort during long rides.
- In June 2020, Endura, a Scottish cycling apparel brand, released their Pro SL SL Bib Shorts and Jerseys, incorporating aerodynamic advancements and lightweight materials to enhance performance.
- In May 2020, Cuore, a Swiss cycling clothing manufacturer, partnered with Cervélo, a high-end bicycle brand, to create a custom kit for the Cervélo Bigla Pro Cycling Team, showcasing advanced aerodynamic design and comfort.
- In April 2020, Le Col, a British cycling apparel company, unveiled the Pro Air Jersey and Bib Shorts, featuring a combination of lightweight materials and improved breathability for professional cyclists.
- In January 2020, dhb, a British cycling clothing brand, launched their Aeron Lab collection, utilizing wind tunnel testing and advanced fabric technologies to optimize aerodynamics and performance for road cycling.
Cycling Apparel Market Growth Factors:
The expansion of the cycling apparel industry is driven by the growing understanding among consumers about health and fitness, the increasing appeal of cycling as a leisure pursuit, and the rising preference for cycling as an environmentally sustainable means of transportation.
The cycling apparel industry is experiencing a notable upsurge propelled by various critical drivers. Firstly, the surge in cycling engagement both as a recreational pursuit and a mode of transportation is fueling the need for suitable attire. Cycling enthusiasts are in pursuit of top-tier, comfortable, and cutting-edge clothing that not only boosts their performance but also offers protection. Secondly, the escalating recognition of the significance of physical well-being and wellness is spurring the demand for cycling apparel. With a considerable number of individuals opting for cycling as a workout regimen, there is a surge in the sales of specialized garments that provide moisture-wicking features, temperature control, and aerodynamic styling. Thirdly, the mounting appeal of professional cycling competitions like the Tour de France has played a role in the market's expansion. These events draw in millions of spectators globally, inspiring consumers to mirror their cycling idols and invest in premium apparel. Furthermore, the advancements in textile technology, encompassing the utilization of materials with enhanced breathability, UV protection, and longevity, have acted as an additional driving force for market growth. Finally, the proliferation of online retail platforms and the ease of electronic shopping have made cycling apparel more readily available to a broader audience, contributing to the market's enlargement. In summary, the cycling apparel sector is flourishing due to increased cycling engagement, health awareness, professional cycling events, textile innovations, and the convenience of online retail.
Cycling Apparel Market Restraining Factors:
The restricted availability of premium cycling apparel brands along with limited knowledge about the advantages of specialized cycling gear are impediments to the expansion of the cycling apparel industry.
The market for cycling apparel has exhibited consistent growth over time, attributed to the surging interest in cycling as a leisure pursuit and the mounting emphasis on physical well-being. Nevertheless, various factors impede the expansion of this market. Primarily, the prohibitive cost of cycling attire serves as a significant obstacle for potential buyers, notably in developing nations where affordability is critical. Furthermore, the restricted availability of specialized cycling outlets in specific areas curtails the reach and availability of cycling gear to a broader consumer base. Additionally, the lack of understanding regarding the significance of proper cycling attire, particularly among occasional cyclists, diminishes the demand for such products. Moreover, the existence of counterfeit items in the market presents a substantial challenge for legitimate cycling apparel manufacturers, negatively impacting their sales and reputations. Lastly, the repercussions of the COVID-19 pandemic have decelerated the progression of the cycling apparel market owing to disruptions in the supply chain and reduced consumer expenditure. Despite these obstacles, it is crucial to recognize that the cycling apparel market harbors significant potential. The escalating popularity of cycling as an environmentally friendly mode of transport and the escalating emphasis on personal health and fitness offer favorable prospects for market expansion. By executing effective marketing approaches and introducing more cost-effective and easily accessible cycling apparel alternatives, the market can surmount these challenges and thrive in the years ahead.
Key Segments of the Cycling Apparel Market
Product Overview
• Professional
• Amateur
Type Overview
• Jerseys
• Gloves
• Jackets
• Others
End-User Overview
• Male
• Female
Regional Overview
North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• U.K
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
Middle East and Africa
• Saudi Arabia
• UAE
• Rest of Middle East and Africa
Latin America
• Brazil
• Argentina
• Rest of Latin America
Frequently Asked Questions (FAQ) :
The market value of cycling apparel market in 2032 was USD 7.69 billion.
The cycling apparel market is growing at a CAGR of 4.89% over the forecast period.
Europe dominated the market for cycling apparel market and accounted for the largest revenue share.
The top companies that hold the market share in cycling apparel market are Pearl Izumi, Castelli, Assos, Rapha, Santini, Craft, Louis Garneau, Gore Bike Wear, Endura, and Sugoi.
The base year for the report is 2024 in cycling apparel market.