PUBLISHER: TechNavio | PRODUCT CODE: 1189243
PUBLISHER: TechNavio | PRODUCT CODE: 1189243
Technavio has been monitoring the cycling wear market and is forecast to grow by $1,303.95 mn during 2022-2027, accelerating at a CAGR of 6.36% during the forecast period. Our report on the cycling wear market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased adoption of cycling to maintain fitness, the growing participation of women in cycling activities, and the high influence of celebrity endorsements on purchase decisions.
Technavio's cycling wear market is segmented as below:
By Distribution Channel
By Product
By Geographical Landscape
This study identifies the increasing demand for customized cycling wear as one of the prime reasons driving the cycling wear market growth during the next few years. Also, the rise in the adoption of sustainable manufacturing and the emergence of smart cycling wear will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cycling wear market vendors that include adidas AG, ASSOS of Switzerland GmbH, Black Sheep Cycling, CCN Sport Ltd., Cycle Clothing Ltd., Garmin Ltd, Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Le Col, Manifattura Valcismon SpA, Mysenlan, Nike Inc., Pentland Brands Ltd, Rapha Racing Ltd., Recreational Equipment Inc., SHIMANO INC., Trek Bicycle Corp., Troy Lee Designs Inc., Velocio LLC, and Vista Outdoor Inc. Also, the cycling wear market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
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