Saudi Arabia Mountain Bike Apparel Market Size & Outlook
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Saudi Arabia mountain bike apparel market highlights
- The Saudi Arabia mountain bike apparel market generated a revenue of USD 20.0 million in 2022 and is expected to reach USD 27.4 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, top wear was the largest revenue generating product in 2022.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Mountain bike apparel market data book summary
| Market revenue in 2022 | USD 20.0 million |
| Market revenue in 2030 | USD 27.4 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Top wear |
| Fastest growing segment | Accessories |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Top Wear, Bottom Wear, Accessories |
| Key market players worldwide | Patagonia Gold Corp Ordinary Shares, Alpinestars, LeMans Corporation, United Sports Brands, Endura, Dainese, Giro Sport, Louis Garneau Sports, Youngone, Rapha, Fox Corp Class B, Troy Lee Designs Inc. |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global mountain bike apparel market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa mountain bike apparel market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.4 million by 2030.
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Mountain Bike Apparel Market Scope
Mountain Bike Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Troy Lee Designs Inc. | View profile | 51-100 | Corona, California, United States, North America | http://www.troyleedesigns.com |
| Fox Corp Class B | View profile | 10400 | 1211 Avenue of the Americas, New York, NY, United States, 10036 | https://www.foxcorporation.com |
| Youngone | View profile | 501-1000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.youngone.co.kr/ |
| Louis Garneau Sports | View profile | 251-500 | Quebec, Quebec, Canada, North America | https://garneau.com |
| Dainese | View profile | 501-1000 | Molveno, Trentino-Alto Adige, Italy, Europe | http://dainese.com |
| United Sports Brands | View profile | 501-1000 | Fountain Valley, California, United States, North America | http://www.unitedspb.com |
| LeMans Corporation | View profile | 1001-5000 | Janesville, Wisconsin, United States, North America | http://www.parts-unlimited.com |
| Alpinestars | View profile | 501-1000 | Asolo, Veneto, Italy, Europe | http://www.alpinestars.com/ |
| Endura | View profile | 1-10 | Livingston, West Lothian, United Kingdom, Europe | https://www.endurasport.com/ |
| Rapha | View profile | 251-500 | London, England, United Kingdom, Europe | https://www.rapha.cc |
| Giro Sport | View profile | 1-10 | Santa Cruz, California, United States, North America | https://www.giro.com/as_en/ |
| Patagonia Gold Corp Ordinary Shares | View profile | 154 | 2200 - 885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, Canada, V6C 3E8 | https://www.patagoniagold.com |
Saudi Arabia mountain bike apparel market outlook
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 mountain bike apparel market will help companies and investors design strategic landscapes.
Top wear was the largest segment with a revenue share of 47% in 2022. Horizon Databook has segmented the Saudi Arabia mountain bike apparel market based on top wear, bottom wear, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
The Saudi market for mountain bike apparel is still in its early stages, with significant scope for future growth. Saudi Arabia has a young and energetic population, as well as a developing middle class with the means to invest in high-quality outdoor sports equipment, including mountain biking apparel and accessories.
There is also a growing market of local brands that meet the needs of the local market. These companies are working on developing clothing that is suitable for the country's hot and arid climate. For instance, in May 2021, Cycle Souq, a UAE-based e-tailer, announced the expansion of its reach beyond the UAE to Saudi Arabia, Oman, and Bahrain.
The online marketplace offers a convenient and cost-effective way for people in the region to access a range of high-quality bicycles, scooters, and outdoor sports related apparel and accessories. The availability of popular brands such as Schwinn, Mongoose, Spartan, Fuji, and Allen Sports on Cycle Souq's platform is likely to attract a lot of interest from cycling enthusiasts in the region.
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Target buyers of Saudi Arabia mountain bike apparel market databook
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Our clientele includes a mix of mountain bike apparel market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia mountain bike apparel market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia mountain bike apparel market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia mountain bike apparel market report size, by product, 2017-2030 (US$M)
Saudi Arabia Mountain Bike Apparel Market Outlook Share, 2022 & 2030 (US$M)
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