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| Market revenue in 2022 | USD 6,128.6 million |
| Market revenue in 2030 | USD 11,514.8 million |
| Growth rate | 8.2% (CAGR from 2022 to 2030) |
| Largest segment | Cycle wear apparel |
| Fastest growing segment | Cycle wear accessories |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cycle wear apparel, Cycle wear accessories, Cycle wear shoes |
Mountain bike trail counts across the United States were showing increases of 100% to over 500% in 2020, compared with the same time in 2019. Bike makers continue to see a surge in sales from entry-level mountain biking options to the most expensive boutique brands. NPD Sports reported a 117% increase in sales in April and May 2020, compared with 2019 numbers.
Local bike shops have been swamped with service work and parts accessories sales since the outbreak of the pandemic, proving that consumers have either pulled out older bikes to get them ready for the trails or ridden enough that repairs are needed. Riders are well aware there are risks involved in mountain biking with 59.7% saying they felt they were taking moderate risks and 9% taking substantial risks as per the 2020 Outdoor Participation Survey. According to the Federal Highway Administration (FHWA), from 2007 to 2019, 9,768 cyclists have died across the U.S. If we consider the average, that 751 cyclists each year.
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| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| 2XU | View profile | 101-250 | Hawthorn, Victoria, Australia, Oceania | www.2xu.com/us |
| Lumiere | View profile | - | Los Angeles, California, United States, North America | lumierefashion.com |
| Giro Sport | View profile | 1-10 | Santa Cruz, California, United States, North America | www.giro.com/as_en/ |
| Castelli Cycling | View profile | - | Fonzaso, Veneto, Italy, Europe | www.castelli-cycling.com/II/en |
| Rapha | View profile | 251-500 | London, England, United Kingdom, Europe | www.rapha.cc |
| Champion System | View profile | 1-10 | Lincoln, Nebraska, United States, North America | champ-sys.com |
| United Apparel | View profile | 11-50 | Nasinu, Central, Fiji, Oceania | unitedapparel.com |
| ASSOS of Switzerland | View profile | 51-100 | Stabio, Ticino, Switzerland, Europe | www.assos.com/int/ |
| Endura | View profile | 1-10 | Livingston, West Lothian, United Kingdom, Europe | www.endurasport.com/ |
| Isadore | View profile | 1-10 | Púchov, Zilina, Slovakia (Slovak Republic), Europe | isadore.com/sk |
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Cycling Wear Market Outlook will help companies and investors design strategic landscapes.
Cycle Wear Apparel was the largest segment with a revenue share of 58.67% in 2022.
Horizon Databook has segmented the Global cycling wear market based on cycle wear apparel, cycle wear accessories, cycle wear shoes covering the revenue growth of each sub-segment from 2018 to 2030.
Mountain bike trail counts across the United States were showing increases of 100% to over 500% in 2020, compared with the same time in 2019. Bike makers continue to see a surge in sales from entry-level mountain biking options to the most expensive boutique brands. NPD Sports reported a 117% increase in sales in April and May 2020, compared with 2019 numbers.
Local bike shops have been swamped with service work and parts accessories sales since the outbreak of the pandemic, proving that consumers have either pulled out older bikes to get them ready for the trails or ridden enough that repairs are needed. Riders are well aware there are risks involved in mountain biking with 59.7% saying they felt they were taking moderate risks and 9% taking substantial risks as per the 2020 Outdoor Participation Survey. According to the Federal Highway Administration (FHWA), from 2007 to 2019, 9,768 cyclists have died across the U.S. If we consider the average, that 751 cyclists each year.
Horizon Databook provides a detailed overview of global-level data and insights on the Global Cycling Wear Market Outlook, including forecasts for subscribers. This global databook contains high-level insights into Global Cycling Wear Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
