Global Cycling Clothing Market Overview
According to Global Market Monitor, the global cycling clothing market size was $3119.56 million in 2023 and is expected to grow to $4989.15 million by 2029.
Market Drivers
With the rapid development of cities in recent years and the rapid improvement of people's living standards, light outdoor sports have become a new way of life and gradually entered the public's field of vision. At present, cycling is one of the most popular light outdoor sports among young people. From a health point of view, cycling can bring many benefits to people's bodies. For example, cycling can help improve heart health, prevent high blood pressure, and improve cardiorespiratory fitness.
Studies are reporting that cycling for about 170-250 minutes per week can greatly improve lung health. Cycling is great for keeping lungs healthy for people with and without lung disease. Cycling is also beneficial for weight management as it increases metabolic rate, builds muscle, and burns body fat. In general, with the continuous improvement of people's awareness of healthy exercise and the increasing popularity of cycling, more and more people are participating in cycling.
The Demand for Cycling Clothing is Driven by GrowingCycling Population.
For example, the number of people participating in cycling in the United States is increasing. From 43.07 million in 2015 to 52.73 million in 2020. Cycling Clothing is one of the must-have items for consumers who love cycling. Cycling Clothing helps people ride more comfortably, ride longer, and be more efficient. In general, with the increasing number of people participating in cycling sports, the market demand forcycling clothing continues to increase, which will be one of the important driving factors for the development of the industry.
Cycling Clothing Market Challenges
Cycling clothing belongs to sportswear with a certain function. When designing styles, it often focuses on functional design, and the design and style of fashion aesthetics are still lacking. For example, cycling clothing emphasizes more efficient wind resistance. To prevent air from flowing into the rider's body, and to minimize the impact of air resistance on the riding speed during riding. Therefore, compared with other types of clothing, the cycling clothing styles currently on the market are relatively simple and are visually distinguished by graphic design, with bright and exaggerated colors. However, with the diversified development of consumer demand, consumers pay more and more attention to the style and appearance design of cycling clothing. Style and appearance design have gradually become one of the important factors affecting consumer purchases. Therefore, the relatively single style of cycling clothing is one of the important challenges facing the development of the industry.
Cycling Clothing Customers
The downstream customers of Cycling Clothing are mainly individual consumers who participate in cycling sports. At present, with the improvement of people's health awareness and the popularity of cycling, more and more individual consumers are participating in cycling. At the same time, with the continuous improvement of people's disposable income level, the purchasing power of downstream customers has increased. Therefore, the demand for Cycling Clothing in the downstream market continues to increase. In the process of commodity circulation, products are finally delivered to consumers through various distribution channels, including but not limited to online e-commerce, retail stores, offline brand stores, etc. For Cycling Clothing, consumer demand drives an ongoing industry. Changes in consumer demand will also affect the development of enterprises.
Company Name |
Giant Bicycles |
Website |
www.giant-bicycles.com |
Established Time |
1972 |
Plants Distribution |
Mainly in Asia, Europe |
Sales Region |
Worldwide |
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