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I AgreeAnalysis of Motorcycle Riding Gloves Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
In 2023, the global motorcycle riding gloves market stands at US$ 115 million and is forecasted to reach US$ 154.9 million by the end of 2033. Global demand for motorcycle riding gloves is forecasted to increase at a CAGR of 3% over the next ten years.
Motorcycles have evolved drastically in the past years and the growing number of motorcycle riders around the world is estimated to promulgate the sales of motorcycle riding safety gear as well.
Surging sales of motorbikes, growing popularity of sports bikes, rising awareness regarding road safety, high incidence of road accidents involving motorcycles, and increasing per capita disposable income are other influential aspects that could potentially alter the demand for biker gloves over the coming years. The high availability of affordable sports bikes and growing launches of innovative and advanced motorcycle riding gear could open up new avenues of opportunity for bike rider glove manufacturers.
On the flip side, increasing prices of motorcycles and high costs of motorcycle riding safety gear are anticipated to dent motorcycle riding glove demand growth in the future. The heavy nature of motorcycle riding safety equipment is another factor that restrains market development at present and is slated to continue to do so through 2033.
The scarcity of affordable biking gloves and other motorcycle riding gear has created a new window of opportunity for new as well as established motorcycle riding glove companies.
Report Attributes |
Details |
Motorcycle Riding Gloves Market Size (2023) |
US$ 115 Million |
Projected Market Value (2033F) |
US$ 154.9 Million |
Global Market Growth Rate (2023 to 2033) |
3% CAGR |
Independent Sports Outlets Segment Growth Rate (2023 to 2033) |
2% CAGR |
Roll Finger Goalkeeper Gloves Segment Market Value (2022) |
US$ 25 Million |
Key Companies Profiled |
|
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“Asia Pacific to Account for Authoritative Share in Global Market”
The APAC region accounts for towering sales of motorcycles in the world and this is projected to primarily influence demand for bike rider gloves and other motorcycle riding apparel over the coming years. India and China are estimated to spearhead the demand for motorcycle riding protective gear such as leather riding gloves, helmets, riding jackets, etc.
Rapid urbanization is also a key factor that is projected to bolster sales of motorcycle riding gloves across all Asian countries over the next ten years. Rising sales and popularity of electric bikes and motorcycles is also a key aspect that is anticipated to influentially alter motorcycle riding glove demand by the end of the forecast period.
The growing working women population in the aforementioned economies is forecasted to bolster sales of women’s motorcycle gloves over the next ten years. The rising popularity of retro and vintage bikes is also predicted to benefit shipments of retro motorcycle gloves and vintage bike gloves in Asian countries in the future. Waterproof riding gloves, summer motorcycle gloves, and affordable sports gloves are also expected to be popular products in the Asia Pacific region through 2033.
Key trends such as supply chain management, product standards, new developments, pricing trends, and safety regulations affecting regional market growth have been discussed extensively in this newly updated motorcycle riding gloves market research analysis by Fact.MR, a market research and competitive intelligence provider.
“Increasing Disposable Income and Presence of Key Motorcycle Manufacturers”
Japan is home to motorcycle companies such as Honda, Suzuki, Yamaha, and Kawasaki, which contribute nearly 1/4 of worldwide shipments of motorcycles at present. These motorcycle manufacturers also create motorcycle riding protective gear and hence make Japan an attractive market for products such as biker gloves, helmets, jackets, etc.
Rising per capita disposable income and changing consumer preferences are also anticipated to affect sales of motorcycle riding gloves in Japan over the next ten years. Revision of road safety mandates, increasing incidence of road accidents, and a high number of moped and motorcycle riders are other factors that are forecasted to shape market development in the future.
“Presence of Advanced Manufacturing Facilities in the Region”
European countries are home to some of the prominent manufacturing facilities in the world and this is a key factor that is projected to influence the sales and development of motorcycles in this region and indirectly affects motorcycle riding gloves market growth as well. Germany, France, Italy, and the United Kingdom are projected to be prime markets in this region.
Increasing registrations of new motorcycles are predicted to uplift the demand for biker gloves in European countries. Growing focus on sustainability, implementation of stringent safety mandates, high availability of novel motorcycle riding safety gear, and growing motorcycle ownership are other prospects that could benefit sales of biker hand gloves through 2033.
“United States to Account for Significant Motorcycle Riding Glove Sales”
Sales of motorcycles have been increasing steadily in the United States in the past few years and this trend is anticipated to primarily influence shipments of motorcycle riding gloves over the coming years. Motorcycles are mostly used for recreational purposes in the country and cruiser bikes are highly preferred and popular among Americans.
Pennsylvania, New York, Ohio, and Florida are some other states where motorbike riding glove demand could flourish over the next ten years.
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“Independent Sports Outlets to Account for Commanding Market Share”
Based on sales channel, the market for motorcycle riding gloves is segmented into independent sports outlets, franchised sports outlets, modern trade channels, direct to customer brand outlets, direct to customer online channels, direct to customer institutional channels, and third-party online channels.
Independent sports outlets are estimated to lead global motorcycle riding glove sales across the forecast period owing to the rising number of retail outlets around the world. Availability of affordable motorcycle riding gear and increasing consumer spending potential are other prospects that are projected to bolster shipments of motorcycle riding gloves in independent sports outlets over the next ten years.
Custom motorcycle gloves and heated motorcycle gloves are products that are anticipated to witness a hike in popularity through independent sports outlets in the future.
Top-tier motorcycle riding glove vendors are focusing on hastening the launch of new and innovative products that help them maximize their business potential and increase their earning potential.
Key motorcycle riding glove manufacturers are also focusing on partnerships and collaborations to help them widen their business scope and increase their profitability.
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The global motorcycle riding gloves market stands at US$ 115 million in 2023.
Sales of motorcycle riding gloves are projected to reach US$ 154.9 million by 2033-end.
Worldwide motorcycle riding glove shipments are extrapolated to rise at 3% CAGR through 2033.
Sales of motorcycle riding gloves in Asia Pacific are projected to account for an authoritative market share in the global industry.
Dainese S.p.A, Olympia Gloves, Held GmbH, and PUMA SE. are leading motorcycle riding glove manufacturers.