Dublin, July 05, 2024 (GLOBE NEWSWIRE) -- The "Cycling Jersey - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cycling Jersey was valued at an estimated US$644.9 Million in 2023 and is projected to reach US$1.0 Billion by 2030, growing at a CAGR of 7.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the cycling jersey market is driven by several factors, including the increasing popularity of cycling as a fitness and leisure activity, technological advancements in garment materials and features, and a growing awareness of the importance of suitable apparel among casual and professional cyclists alike. The rise of cycling tourism and competitive events has also bolstered demand for specialized cycling wear.
Moreover, consumer behavior has shifted towards personalization and sustainability, leading manufacturers to offer more customizable options and to use eco-friendly materials and production processes. The expansion of online retail platforms makes it easier for cycling enthusiasts to find and purchase jerseys that match their functional needs and personal style, further driving market growth. These trends collectively fuel the ongoing development and diversification of the cycling jersey market, ensuring its continued expansion globally.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Offline Distribution Channel segment, which is expected to reach US$591.2 Million by 2030 with a CAGR of a 6.7%. The Online Distribution Channel segment is also set to grow at 7.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $175.7 Million in 2023, and China, forecasted to grow at an impressive 11.3% CAGR to reach $228.9 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Cycling Jersey Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Cycling Jersey Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Cycling Jersey Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aero Tech Designs, Alanic International, ASG International Srl - Ftech, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Cycling Jersey - Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Popularity of Cycling Spurs Demand for High-Performance Jerseys Innovations in Fabric Technology Propel Growth
- Eco-Friendly Materials Expand Addressable Market Opportunity for Sustainable Cycling Jerseys
- Integration of Wearable Technology Strengthens Business Case for Smart Jerseys
- Global Health Trends Accelerate Adoption of Cycling Apparel
- Fashion Meets Functionality: The Rise of Stylish Cycling Jerseys
- Increasing Sponsorship in Professional Cycling Throws the Spotlight On Brand Visibility
- Advancements in Printing Techniques Enhance Customization Options
- Expansion of Online Retail Platforms Generates Increased Sales Opportunities
- Growth in Cycling Tourism Presents New Market Avenues for Jersey Manufacturers
- Emerging Markets Propel Global Expansion of Cycling Apparel Brands
FOCUS ON SELECT PLAYERS (Total 51 Featured):
- Aero Tech Designs
- Alanic International
- ASG International Srl - Ftech
- BOHANG Sports
- Cycling Uniform
- Danyu Sports Co., Ltd.
- Daxten Fashion
- Goodworth Sports
- Hyve Sports Private Limited
- JRD Cycling
- LazerXTech
- Monton Sports
- Signal Enterprise Co.,Ltd
- Tack Apparel
- Ventou
- Wearce
For more information about this report visit https://www.researchandmarkets.com/r/otfoga
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