South Africa Mountain Bike Apparel Market Size & Outlook
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South Africa mountain bike apparel market highlights
- The South Africa mountain bike apparel market generated a revenue of USD 23.2 million in 2022 and is expected to reach USD 30.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.6% 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 23.2 million |
| Market revenue in 2030 | USD 30.8 million |
| Growth rate | 3.6% (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, South Africa accounted for 0.7% 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 |
South Africa 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 46.12% in 2022. Horizon Databook has segmented the South Africa mountain bike apparel market based on top wear, bottom wear, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
The market for mountain bike apparel in South Africa is expected to be driven by a combination of factors, including a growing interest in mountain biking, the presence of well-developed infrastructure, and an increase in e-commerce sales.
Several online retailers like Endura and Troy Lee Designs offer a wide range of mountain bike apparel and accessories, making it easier for riders to find the products they need at competitive prices. According to a 2021 article by TREAD Media, a leading mountain biking media brand in South Africa, the country has ideal year-round weather for mountain biking and some of the greatest mountain bike events in the world.
A survey by the media company showed that Gauteng and the Western Cape are among the most high-profile avenues for mountain bike marketing and retail, with over 78% of the rider respondents living in these two provinces.
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Target buyers of South Africa 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa mountain bike apparel market , including forecasts for subscribers. This country databook contains high-level insights into South Africa mountain bike apparel market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Africa mountain bike apparel market report size, by bottom wear, 2017-2030 (US$M)
South Africa Mountain Bike Apparel Market Outlook Share, 2022 & 2030 (US$M)
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