U.S. Cycling Wear Market Size & Outlook, 2022-2030
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U.S. cycling wear market highlights
- The U.S. cycling wear market generated a revenue of USD 1,149.8 million in 2022 and is expected to reach USD 2,057.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, cycle wear apparel was the largest revenue generating product in 2022.
- Cycle wear accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Cycling wear market data book summary
| Market revenue in 2022 | USD 1,149.8 million |
| Market revenue in 2030 | USD 2,057.0 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Cycle wear apparel |
| Fastest growing segment | Cycle wear accessories |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cycle wear apparel, Cycle wear accessories, Cycle wear shoes |
| Key market players worldwide | Lumiere, Giro Sport, Castelli Cycling, Rapha, Champion System, United Apparel, ASSOS of Switzerland, Endura, Isadore, 2XU |
Other key industry trends
- In terms of revenue, U.S. accounted for 18.8% of the global cycling wear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. cycling wear market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 304.9 million by 2030.
Cycle wear apparel was the largest segment with a revenue share of 57.78% in 2022. Horizon Databook has segmented the U.S. 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.
Biking is perceived as a cost-effective, attractive, playful, healthy, and convenient way to get around the city without being stuck in traffic. Bike commuting tripled in Chicago, New York, San Francisco, Washington DC, Minneapolis, Portland, and Denver from 2012 to 2020 and doubled in many other cities.
Every year, the U.S. Census Bureau studies Americans’ commuting habits, including how many people commute by bike. This provides valuable insights on changing commuting patterns and transportation choices in America.
According to these studies, since 2005, states across the U.S. have experienced, on average, a 46% increase in the share of people commuting by bike. Additionally, COVID-19 brought about a dramatic increase in bicycle sales in response to increased anxiety over public transportation and a surge in exercising.
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Cycling Wear Market Scope
Cycling Wear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Isadore | View profile | 1-10 | Púchov, Zilina, Slovakia (Slovak Republic), Europe | https://isadore.com/sk |
| Endura | View profile | 1-10 | Livingston, West Lothian, United Kingdom, Europe | https://www.endurasport.com/ |
| ASSOS of Switzerland | View profile | 51-100 | Stabio, Ticino, Switzerland, Europe | https://www.assos.com/int/ |
| United Apparel | View profile | 11-50 | Nasinu, Central, Fiji, Oceania | http://unitedapparel.com |
| Champion System | View profile | 1-10 | Lincoln, Nebraska, United States, North America | https://champ-sys.com |
| Rapha | View profile | 251-500 | London, England, United Kingdom, Europe | https://www.rapha.cc |
| Castelli Cycling | View profile | - | Fonzaso, Veneto, Italy, Europe | https://www.castelli-cycling.com/II/en |
| Giro Sport | View profile | 1-10 | Santa Cruz, California, United States, North America | https://www.giro.com/as_en/ |
| Lumiere | View profile | - | Los Angeles, California, United States, North America | https://lumierefashion.com |
| 2XU | View profile | 101-250 | Hawthorn, Victoria, Australia, Oceania | https://www.2xu.com/us |
U.S. cycling wear market size, by product, 2018-2030 (US$M)
U.S. Cycling Wear Market Outlook Share, 2022 & 2030 (US$M)
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