NEW YORK, December 2, 2021 / PRNewswire / – The motorcycle clothing market is expected to be influenced by factors such as increasing number of traffic accidents, increasing demand for clothing such as helmets, jackets, shoes and others, and increasing protocols government authorities regarding the use of protective clothing.
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The motorcycle clothing market the value should increase by $ 3.67 billion, growing at a CAGR of 6.55% from 2021 to 2026.
Market challenges
The increasing availability of counterfeit products is one of the major challenges facing the motorcycle clothing market. The growing prospects of the motorcycle clothing and accessories market are fueling the counterfeit motorcycle clothing market. These products are made from poor quality raw materials which are harmful to cyclists. The increasing penetration of e-commerce has pushed the sales of counterfeit products and widened their geographic reach. It has become very difficult for customers to distinguish between genuine products and counterfeit products. In addition, counterfeit products are cheaper than genuine products, which affects the sales and pricing strategies of genuine suppliers operating in the global market.
Company Profiles
Some of the companies covered in this report are AGV Sports Group Inc., Alpinestars Spa, Dainese Spa, Dunham Athleisure Corp., FLY Racing, Fox Racing Inc., KIDO Sports Co. Ltd., Polaris Inc., Spartan ProGear Co. and Vega Auto Accessories Pvt. Ltd etc.
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Competitive analysis
The competitive scenario presented in the Motorcycle Clothing Market report studies, evaluates, and positions the companies based on various performance indicators. Some of the factors taken into account for this analysis include the financial performance of companies in recent years, growth strategies, new product launches, investments, product innovations, market share growth, etc. .
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Market segmentation
- By Application, the market is categorized into Road Motorcycle Apparel and Offroad Motorcycle Apparel. The road motorcycle clothing segment accounts for the highest share of the market due to the increasing adoption of motorcycle clothing in North America and Europe.
- By geography, the market is classified into North America, Europe, APAC, South America, and MEA. North America will hold the largest share of the market due to the increase in household final consumption, driven by the growth in disposable income in the region.
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Scope of the motorcycle clothing market |
|
Cover of the report |
Details |
Page number |
120 |
Year of reference |
2021 |
Forecast period |
2022-2026 |
Growth dynamics and CAGR |
Accelerate to a CAGR of 6.55% |
Market growth 2022-2026 |
$ 3.67 billion |
Market structure |
Fragmented |
Annual growth (%) |
5.99 |
Regional analysis |
North America, Europe, APAC, South America and MEA |
Efficient contribution to the market |
North America at 41% |
Main consumer countries |
United States, China, Germany, Canada and United Kingdom |
Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
Profiled companies |
AGV Sports Group Inc., Alpinestars Spa, Dainese Spa, Dunham Athleisure Corp., FLY Racing, Fox Racing Inc., KIDO Sports Co. Ltd., Polaris Inc., Spartan ProGear Co. and Vega Auto Accessories Pvt. Ltd. |
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period |
Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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