Motorcycle clothing market size to increase by USD 3.67 billion | Major suppliers include AGV Sports Group Inc. and Alpinestars Spa

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 regarding the use of protective wear.

Attractive Opportunities in Motorcycle Clothing Market by Application and Geography – Forecast and Analysis 2022-2026

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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, assesses, and positions the companies based on various performance indicators. Some of the factors considered 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 have the largest share of the market due to the increase in final household 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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