With the emergence and long-term Impact of COVID-19, Global Motorcycle Apparel Market to reach USD 134.50 billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Motorcycle Apparel Market points towards a potential rise to USD 134.50 billion by 2030. Motorcycle apparel is specialized clothing and protective gear worn by riders to ensure safety and comfort while riding motorcycles. It includes items such as helmets, jackets, pants, gloves, and boots, designed to protect against impacts, abrasions, and extreme weather conditions. Motorcycle apparel also incorporates features such as high visibility, ventilation, and ergonomic design to enhance visibility, comfort, and style on the road.
Moreover, the growing e-commerce market and rising household disposable income are anticipated to be growth drivers of this market. Furthermore, emerging apparel markets and the rising demand of EV motorcycles emerge as opportunities for growth in the market space.
Geographically, the global Motorcycle Apparel market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America region is the dominant region for the Motorcycle Apparel Market due to several key factors. The region has a significant number of motorcycle enthusiasts, with a strong motorcycle culture and a large base of riders creates a substantial demand for motorcycle apparel and has high disposable income, allowing riders to invest in premium and high-quality motorcycle gear.
Moreover, Asia Pacific region is the fastest growing region for the Motorcycle Apparel Market due to several factors Motorcycle riders proliferate throughout the region, notably in countries such as India, China, and Southeast Asian nations where motorcycles are a prominent method of transportation. This enormous number of riders generates significant market demand. Furthermore, the region boasts a vibrant motorcycle industry, with multiple manufacturers and a big aftermarket sector, offering riders with a diverse selection of options. The presence of low-cost manufacturing capabilities in nations such as China and India also contribute to motorcycle apparel affordability and availability.
The global Motorcycle Apparel market is highly competitive owing to the presence of several key players such as Zhuhai Safety helmets Mfg. Co. Ltd. Dunham’s Athleisure Corporation Foshan Nanhai Xinyuan Helmet Co. Ltd. Chih Tong Helmet Co., Ltd. Vega Auto Accessories Pvt. Ltd Spartana ProGear Co. Lanxi Yema Motorcycle Fittings Co. Ltd. Foshan Scoyco Extreme Sports Product Co., Ltd Dragon Rider Group Limited Venom Moto, c/o Damn Design Pvt. Ltd., and others.
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Global Motorcycle Apparel Market Size study & Forecast, by Product (Pants, Jackets, Basic layers, Shoes, Gloves, Helmets, Protector), by End User (Clothing for Off-road Motorcyclist, Clothing for Highwaymen), by Distribution Channel (Online, Offline) and Regional Analysis, 2023-2030
Key findings of the study suggest:
- Global Motorcycle Apparel Market is anticipated to grow with a healthy growth rate of more than 4.20% over the forecast period 2023-2030.
- In the Product segment, Helmets emerged out as the leading market segment in 2022.
- North America is anticipated to drive regional growth owing to significant number of motorcycle enthusiasts in the region.
- Asia Pacific is expected to grow at higher rate owing to increasing presence of low-cost manufacturing capabilities in the region
Bizwit Research & Consulting has considered following segments for the study:
- Basic layers
By End User:
- Clothing for Off-road Motorcyclist
- Clothing for Highwaymen
By Distribution channel:
- North America
- Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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