Bicycle Apparel Market

Bicycle Apparel Market Outlook (2024 to 2034)

The global bicycle apparel market is estimated to be valued at US$ 4.63 billion in 2024 and climb to US$ 7.98 billion by the end of 2034, expanding at a CAGR of 5.6% between 2024 and 2034.

Bicycle apparel market growth is expected to be steady over the next ten years due to an increase in the popularity of cycling as both a recreational activity and a mode of transportation. The increase in sales growth is being driven by growing awareness of the health benefits of cycling and its favorable environmental impact.

As more people become passionate about cycling, there’s a rising need for specialized clothing designed to enhance the cycling experience. New apparel launches are being made by companies to cater to this changing demand. With an increased emphasis on health and wellness, cycling has become a popular form of exercise for many people. This tendency is driving the desire for high-performance bicycle clothing that improves comfort, safety, and performance during rides.

Key Market Growth Drivers

• The emergence of cycling communities, group rides, and organized events is developing a sense of camaraderie among cyclists and increasing demand for specialized clothing suitable for various riding activities.

• Cyclists are increasingly prioritizing clothing that performs well and shows their sense of style and individuality.

• Fashion-conscious shoppers are looking for brands with stylish designs, trendy colors, and customizable possibilities.

• Platforms such as Instagram and Facebook are enabling the sharing of riding experiences, forming communities, and inspiring more people to participate in the activity, thereby increasing the demand for cycling apparel.

Report Attributes	Details
Bicycle Apparel Market Size (2024E)	US$ 4.63 Billion
Forecasted Market Value (2034F)	US$ 7.98 Billion
Global Market Growth Rate (2024 to 2034)	5.6% CAGR
North America Market Growth Rate (2024 to 2034)	5.9% CAGR
East Asia Market Value (2024E)	US$ 1.08 Billion
Sales of Cycling Tops (2034F)	US$ 4.14 Billion
Key Companies Profiled	Adidas AG Nike, Inc. Castelli Cycling CCN Sport Champion System FALKE KGaA 2XU Accell Group N.V. Rental Limited

What’s Influencing Global Bicycle Apparel Sales?

“Demand Growing for Bicycle Apparel with Enhanced Safety and Comfort”

Cycling apparel is being made to be as comfortable and functional as possible when riding. By drawing perspiration away from the skin, moisture-wicking clothing helps cyclists stay dry and cool. Moreover, seamless materials and ergonomic features reduce chafing and pain, enabling cyclists to ride farther and more comfortably. Some cycling clothing, such as windproof and water-resistant fabrics, also provide weather protection.

Road cycling clothing is also being made to protect cyclists from cold rain and wind, which helps maintain body temperature and prevent hypothermia. Properly fitted cycling apparel helps avoid injuries and strains by supporting key muscles and lowering the chance of muscular fatigue and overuse injuries. Compression clothes, padded bike shorts, and supportive jerseys distribute pressure uniformly across the body, reducing strain on the joints and soft tissues during long rides.

“Cycling Gaining Popularity as Recreational Activity”

As cycling gains popularity for recreational purposes and also as a mode of transportation, more individuals are taking to the streets and trails on two wheels. This increasing participation in cycling has created a larger consumer base for bicycle apparel, driving demand for specialized clothing and accessories tailored to the needs of cyclists.

The increasing number of cycling communities is also promoting a sense of camaraderie and participation, which has been increasing participation at cycling events, tours, and group rides. The market for event-specific clothing and accessories, such as cycling socks, jerseys, shorts, helmets, and gloves, is being further driven by these activities.

In addition, as more people choose to ride bicycles, brands have been compelled to adapt and compete in the bicycle apparel industry to satisfy the changing demands and tastes of riders. All things considered, market size is expanding steadily due to the growing popularity of cycling, which presents brands with a chance to broaden their product offerings and connect with more cycling lovers.

What Challenges Does the Bicycle Clothing Market Face?

“Competitive Landscape Leading to Price Wars and Margin Pressures”

Despite its steady growth, bicycle apparel manufacturers face several challenges such as a highly competitive landscape characterized by numerous brands vying for market share. This intense competition often leads to price wars and margin pressures, making it challenging for smaller players to establish themselves and innovate effectively. Additionally, consumer preferences and trends in cycling apparel can be unpredictable, requiring brands to stay agile and responsive to changing demands.

“Global Supply Chain Disruptions Affecting Consumer Spending”

Another challenge is the influence of external factors such as economic conditions and geopolitical instability, which can affect consumer spending habits and overall product demand. Economic downturns or disruptions in supply chains can disrupt production and distribution channels, leading to inventory management issues and reduced profitability for businesses operating in the bicycle apparel market.

“More Consumers Moving toward Eco-Friendly Apparel”

Bicycle apparel producers face sustainability challenges, with increasing scrutiny on environmental impact and ethical sourcing practices. Consumers are increasingly seeking eco-friendly and ethically produced apparel, putting pressure on brands to adopt sustainable manufacturing processes and materials.

“Counterfeiting and Intellectual Property Rights Posing Significant Challenges”

The market also grapples with issues related to counterfeit products and intellectual property infringement, which can undermine brand reputation and erode consumer trust. This is a key factor that is hurting market expansion since counterfeiting is rampant in this market landscape.

Country-wise Insights

Why is the United States an Important Market for Bicycle Apparel Suppliers?

“Sizable Population of Cyclists in the Country”

Attribute	United States
Market Value (2024E)	US$ 670 Million
Growth Rate (2024 to 2034)	6% CAGR
Projected Value (2034F)	US$ 1.2 Billion

North America stands as a key market for bicycle apparel with a sizable population of cycling enthusiasts, ranging from recreational riders to competitive athletes, contributing to a robust demand for specialized cycling attire. Within North America, the United States accounts for a huge bicycle apparel market size, followed by Canada. The United States boasts a sizable population of cycling lovers, be it for recreational or competitive purposes, thereby contributing to robust demand growth for specialized cycling apparel.

What Makes China a Lucrative Market for Bicycle Apparel Companies?

“Large Population Increasing Bicycle Apparel Demand”

Attribute	China
Market Value (2024E)	US$ 696.2 Million
Growth Rate (2024 to 2034)	6.2% CAGR
Projected Value (2034F)	US$ 1.27 Billion

Bicycle apparel market trends in China reflect its vast production capacity and large domestic demand. China's industrial growth and rising consumer awareness of environment-friendly transportation have generated new prospects for cycling apparel manufacturers to expand and thrive. International markets recognize the quality and affordability of Chinese-made products, which makes it a key market in this space backed by huge export volumes.

Category-wise Insights

Which Type of Bicycle Apparel Accounts for High Sales Volumes?

“Cycling Jerseys Highly Demanded Globally”

Attribute	Cycling Tops
Market Value (2024E)	US$ 2.35 Billion
Growth Rate (2024 to 2034)	5.8% CAGR
Projected Value (2034F)	US$ 4.14 Billion

Cycling tops are set to account for more than 50% of the bicycle apparel market share at the end of 2024. Cycling jackets and jerseys account for a greater portion of bicycle apparel sales compared to other products. These tops are vital components of bicycle apparel, providing functionality, comfort, and style.

Cycling jerseys with moisture-wicking materials and aerodynamic cuts offer both breathability and performance during rides. Meanwhile, bicycle jackets provide weather protection and insulation, making them essential for cyclists facing various situations.

The popularity of tops is being boosted by their variety, which allows them to be worn in a several cycling disciplines and locations. As a result, tops account for a considerable market share, demonstrating their relevance and desire among cyclists globally.

Will the Men’s Category Continue Leading Bicycle Apparel Sales?

“High Participation of Men in Cycling across the World”

Attribute	Men
Market Value (2024E)	US$ 2.92 Billion
Growth Rate (2024 to 2034)	5.7% CAGR
Projected Value (2034F)	US$ 5.1 Billion

Cycling has historically been a male-dominated activity, with more men participating than women. As a result, there is a greater need for men's riding apparel. Men also tend to be early adopters of new technologies and trends in cycling apparel, which is driving product sales in this category.

Furthermore, the conventional conception of cycling as a masculine pastime also influences purchasing behavior, with men being more likely to invest in cycling-specific apparel. However, the pattern is changing, and there is a growing demand for women's cycling wear as more women join the sport, resulting in greater diversity and inclusivity in the bicycle apparel market.

Competitive Landscape

Key players in the bicycle apparel industry are Adidas AG, Nike, Inc., Castelli Cycling, CCN Sport, Champion System, FALKE KgaA, 2XU, Accell Group N.V., and Rental Limited.

Companies are constantly launching new products in a variety of styles, including sleek aerodynamic options for road cyclists, sturdy and breathable fabrics for mountain riders, and casual but performance-oriented variations for commuters and urban cyclists.

• In June 2023, Santini announced two products on their website that are said to make bikers' and athletes' laundry eco-friendly.

• In the winter season of 2022, Assos of Switzerland introduced an exclusive winter cycling apparel collection that allows riders to ride for extended periods.

Segmentation of Bicycle Apparel Market Research

• By Product :

  • Cycling Tops
    • Jerseys
    • Jackets
    • T-shirts
    • Body Insulators/ Warmers
  • Cycling Bottoms
    • Big Shorts
    • Tights & Pants
  • Cycling Gloves
  • Cycling Accessories

• By End User :

  • Men
  • Women
  • Kids

• By Sales Channel :

  • Wholesalers/ Distributors
  • Supermarkets/ Hypermarkets
  • Specialty Stores
  • Multi-brand Stores
  • Online Retailers
  • Other Sales Channels

• By Region :

  • North America
  • Europe
  • Latin America
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa