Dublin, July 09, 2024 (GLOBE NEWSWIRE) -- The "Motorcycle Apparel - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Motorcycle Apparel was valued at an estimated US$11.8 Billion in 2023 and is projected to reach US$15.9 Billion by 2030, growing at a CAGR of 4.4% 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 motorcycle apparel market is driven by several factors, including the increasing emphasis on safety features, the adoption of new materials, and changing consumer lifestyles. Innovations such as improved ergonomic designs, the integration of smart technology in gear, and the use of sustainable materials are key technological advancements fueling market growth.
The integration of advanced materials such as Kevlar and Gore-Tex improves the protective qualities and comfort of the apparel, appealing to riders` needs for safety and convenience. Consumer behaviors have shifted towards prioritizing safety and durability, which in turn boosts demand for premium products. Furthermore, the rise of motorcycle tourism and adventure riding necessitates apparel that can withstand diverse environmental conditions, thus broadening the market scope. These dynamics indicate a robust growth trajectory for the motorcycle apparel sector, underpinned by technological, consumer, and lifestyle trends.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Offline Distribution Channel segment, which is expected to reach US$11.5 Billion by 2030 with a CAGR of a 4.1%. The Online Distribution Channel segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.2 Billion in 2023, and China, forecasted to grow at an impressive 7.2% CAGR to reach $3.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Motorcycle Apparel Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ 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 AGV Sports Group, Inc, Alpinestars S.p.A, Bering Moto, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 273 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $11.8 Billion |
| Forecasted Market Value (USD) by 2030 | $15.9 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Motorcycle Apparel - 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
- Safety Regulations Drive Innovations in Protective Motorcycle Apparel
- Growing Motorcycle Tourism and Adventure Riding Boost Apparel Sales
- Technological Advancements in Materials for Improved Protection and Comfort
- Market Impact of Urban Commuting Trends on Casual Motorcycle Gear
- Rising Female Rider Demographics Expand Market for Womens Motorcycle Apparel
- Custom and Boutique Apparel Lines Reflect Personal Rider Styles
- Impact of Climate Change on Demand for All-Weather Riding Gear
- Global Expansion of Motorcycle Clubs and Communities Influences Apparel Choices
- Online Retail Platforms Enhance Accessibility and Variety of Motorcycle Gear
- Influence of Pop Culture and Media on Motorcycle Apparel Trends
FOCUS ON SELECT PLAYERS(Total 42 Featured)
- AGV Sports Group, Inc
- Alpinestars S.p.A
- Bering Moto
- BMW Motorrad
- CustomElements Pvt. Ltd.
- Daniel Smart Manufacturing, Inc
- Deadbeat Customs
- FLY Racing
- Icon Motosports
- KIDO Sports Co. LTD
- MOTOTECH Gear
- Neowell Industries
- Raida Gears
- Rynox Gears India Pvt. Ltd
- SCOTT Sports SA
- Triumph Motorcycles
- ViaTerra Travel Gear Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/c4udut
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