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I AgreeAnalysis of Custom Cycling Clothing market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Increasing awareness regarding the effect of automobile pollution such as emission of carbon monoxide, nitrogen oxide and other gases which has an adverse impact on the health of the individual as well as the environment, is increasing the adoption of cycling. With growing preference of cycling coupled with the widespread marketing of custom cycling clothing product such as jersey, bib shorts, t-shirts, jacket, gloves, cover shoes, arm warmers and other, are facilitating the growth of custom cycling clothing market.
Growing health-promoting activities along with an increasing number of people adopting cycling for better health is anticipated to fuel the custom cycling clothing market during the forecast period. Manufacturers are introducing a wide variety of custom cycling clothing to mark the trend and to gain consumers preference for new apparel. The design innovation of custom cycling clothing such as strips on a jacket that light up to the guide the rider on the road, such innovations are enhancing the custom cycling market. Also, fast fashion has drastically reduced the clothing life cycle and rapidly increase the custom cycling market.
As electric bicycles are becoming the new trend in the modern world, it is expected to present lucrative growth pathways for manufacturers of custom cycling clothing. In addition, increasing disposable income, emboldened consumers to buy trendy custom cycling clothing. Also, the rising trend of online shopping reflects an increase in custom cycling clothing market across all the region worldwide. Considering the convenience aspect, the online sales channel is expected to provide new opportunities, as manufacturers of custom cycling clothing can reach customers in inaccessible areas.
Custom cycling clothing is manufactured of full stretch fabrics which increase confront and maximize all freedom of movement. Furthermore, it is seen that bicycle riders and racers spend more on custom cycling clothing than recreational cyclists do. Moreover, increasing government support for adoption of the bicycle by proving it on a rental and sharing basis will push the custom cycling clothing market. Increasing the number of cyclist death is one of the major restraint which is likely to hamper the growth of custom cycling clothing market during the forecast period.
North America and Western Europe region is anticipated to dominate the custom cycling clothing market. North America is expected to have a larger share in custom cycling clothing market due to the increasing number of manufacturers in the region. Netherland is expected to drive the growth of custom cycling clothing market due to the higher number of bicycles per capita.
Furthermore, the Asia Pacific Region excluding Japan is expected to reflect significant growth potential regarding adoption and demand of custom clothing market. In countries like China people facing extreme pollution are putting their feet on pedals which fuel the custom cycling clothing market. Overall, the custom cycling clothing market is anticipated to grow at a slow pace during the forecast period.
Some of the key manufactures of custom cycling clothing are as follows:
Globally, custom cycling clothing market is fragmented and many local and unrecognised players are expected to contribute in the custom cycling market.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Globally, the custom cycling clothing market is segmented on the basis of clothing product and end user which are further segments as follows:
On the basis clothing product, the global custom cycling clothing market is segmented as:
On the basis of end-user, the global custom cycling clothing market is segmented as:
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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The custom cycling clothing market is expected to garner a market value of US$ 7.95 Billion by the end of 2028.
North America is expected to possess 40% market share for custom cycling clothing market in the forecast period 2018-2028.
The custom cycling clothing market is expected to register a CAGR of 4.7% in the forecast period 2018-2028.