Cycling Clothing Market To Rise With Increased Bicycle Sales, Creating Additional Opportunity Of $ 2.0 Billion Through 2031

Innovation and technological advancements have helped the bicycle clothing industry to grow and diversify its product line. In addition, the introduction of smart bike clothing with built-in technologies to maintain and record location, lap times, health status and that are aerodynamically designed to improve performance is attracting consumer interest. , thereby increasing the opportunity for bicycle clothing manufacturers to increase sales volume.

  • For example, in 2021, an online cycling clothing store, Champion System United States, announced an updated line of cycling clothing and jerseys. With this update, it has introduced tailor-made garments as per customers’ wishes, which are handcrafted from premium fabrics for improved performance.
  • In 2019, Gore launched a waterproof cycling jacket – the “Gore-Tex Shakedry Cycling Jacket”.

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Key points of the market research

  • Within the product type category, body insulation and pants held the largest share of cycling clothing, largely due to the increased demand and availability of clothing made from natural materials.
  • In addition to flexibility, insulation and reliability, professionals are looking for and willing to pay more for cycling clothing with built-in high-tech mechanisms that record various performance data.
  • Offline sales of bicycle clothing continue to dominate due to the fact that consumers prefer to experience the look and feel of clothing before making a purchase.

“Manufacturers are focused on innovating their product lines and introducing miniature technologies into bicycle clothing to keep track of operations. Additionally, new design techniques are being tested and implemented to help customers. professional cyclists improve their performance, ”says a Persistence Market Research analyst.

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Key market players

The report highlights groundbreaking insights into the competitive scenario of the Bicycle Clothing market, along with the highlights of the differential strategies employed by manufacturers.

Some of the key players identified in the value chain include Shimano, Inc., Accell Group NV, Campagnolo SRL, Garmin Ltd., Giant Manufacturing Co., Ltd., Merida Industry co., Ltd., Samchuly Bicycle Co., FALKE KGaA , Endura Ltd., DT Swiss AG, Renthal Limited, Head NV, New Balance Athletics Inc. and 2XU.

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Persistence Market Research has released a new market report on the Cycling Clothing market, covering the global industry analysis from 2016-2020 and forecast for 2021-2031. This research report provides compelling information based on product type, end use and sales channel, across all major regions of the world.

The report also includes forecasting factors and vital macroeconomic factors that are expected to drive the growth of the global market. It also discusses the restraints that are expected to hamper the growth of the market, as well as the latest trends and potential opportunities in the market.

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