Motorcycle Apparel Market to Grow with a CAGR of 13.93% Globally through 2028
Global Motorcycle Apparel Market continues to thrive
due to factors such as safety regulations and awareness, the fusion of fashion
and functionality, and the market's expansion into new regions and
demographics.
According to TechSci Research report, “Global Motorcycle
Apparel Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028”, the Global Motorcycle Apparel Market stood at USD 10.4
billion in 2022 and is anticipated to grow with a CAGR of 13.93% in the
forecast period, 2024-2028. The global motorcycle apparel market is a dynamic
and ever-evolving sector of the broader motorcycle industry. As riders
increasingly recognize the importance of safety, comfort, and style, the market
for motorcycle apparel has witnessed significant growth and transformation over
the years.
The global motorcycle apparel market comprises a wide
range of protective gear and clothing designed to enhance the safety, comfort,
and style of motorcyclists. Key items in this market include helmets, jackets,
gloves, pants, boots, and other accessories. Motorcycle apparel is not just a
fashion statement; it is a critical aspect of rider safety, especially in a
world where road safety is of paramount concern.
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The increasing number of motorcycles on the road is a
primary driver of the motorcycle apparel market. As more people choose
two-wheelers for transportation or recreation, the demand for appropriate gear rises.
Rider safety has become a significant concern, encouraging motorcyclists to
invest in high-quality protective gear. Governments and regulatory bodies
worldwide have contributed to this trend by enforcing helmet laws and promoting
responsible riding.
Continuous technological advancements in the materials
used in motorcycle apparel have significantly improved safety, comfort, and
style. Advanced materials such as impact-resistant armor, moisture-wicking
fabrics, and reflective elements have become standard features. Motorcyclists
often take their choice of apparel seriously. They seek gear that not only
provides protection but also reflects their individual style and preferences.
This has led to a growing demand for a wide variety of designs and styles in
the market.
The motorcycle apparel market has also seen a shift
toward sustainability. Consumers are increasingly interested in eco-friendly
materials and responsible manufacturing practices. A rising trend in the market
is customization. Brands and manufacturers are offering personalized options,
allowing riders to select the style, colors, and features they desire. This
trend caters to those who want unique and tailored gear.
The number of female motorcyclists is on the rise,
creating a new segment of consumers with unique demands for well-fitted and
stylish gear. The market is responding by offering a broader range of options
specifically designed for women. Integration of technology, such as Bluetooth
communication systems and heads-up displays, into motorcycle helmets and
apparel, is gaining traction. These innovations enhance safety and convenience
for riders.
The growth of e-commerce has had a significant impact
on the motorcycle apparel market. Online retail platforms provide a wide array
of options and convenience for consumers to explore and purchase gear. Brands
are increasingly adopting sustainable and environmentally responsible practices
in their manufacturing processes. This trend aligns with growing consumer
awareness of ecological issues.
High-quality motorcycle gear can be expensive. This
cost can be a barrier for entry-level riders or those on a tight budget. Economic
fluctuations can affect consumers' willingness to invest in motorcycle apparel.
During economic downturns, some may prioritize essential spending over
discretionary purchases. Compliance with various safety regulations in
different regions can be complex for manufacturers. Meeting these standards
requires continuous innovation and investment. While there is a growing demand
for eco-friendly gear, achieving sustainability goals without compromising
safety and performance can be challenging.
The Global Motorcycle Apparel Market is segmented into
application, product, sales channel, regional and company.
Based on the type, the jackets segment emerged as the
dominant player in the global motorcycle apparel market. Motorcycle jackets are
versatile, serving riders in various riding conditions. They come in different
styles and designs suitable for different types of motorcycles, from sportbikes
to cruisers. Riders can choose jackets that are waterproof, insulated, or
ventilated, depending on their needs.
Based on region, North America has a significant share
in the global motorcycle apparel market. North America has a thriving
motorcycle culture with a large and enthusiastic community of riders. The
continent boasts various types of riders, from weekend enthusiasts to
long-distance tourers, all of whom contribute to the strong demand for
motorcycle apparel.
Major companies operating in Global Motorcycle
Apparel Market are:
- AGVSport
- Alpinestars SPA
- FLY Racing Jackets
- Fox Racing Inc.
- HKM Sports Equipment GmbH
- Joe Rocket Jackets
- Klim Technical Riding Gear
- Kushitani Hamamatsu
- Ride Icon
- Royal Enfield Gear
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“The global motorcycle apparel market has evolved
significantly, driven by factors such as rising motorcycle ownership, safety
awareness, technological advancements, and environmental concerns. Emerging
trends like customization and sustainability are shaping the market's future.
Challenges related to cost, regulations, and economic fluctuations are being
addressed through innovation and market adaptation. As the global motorcycling
community continues to grow, the demand for motorcycle apparel is expected to
remain robust, making the industry an exciting and competitive space for
manufacturers and consumers alike.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based management consulting firm.
“Motorcycle Apparel Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Type (Jackets, Helmets,
Gloves, Knee Guards, Shoes, and Others), By Material Type (Mesh, Leather,
Plastic, Carbon Fiber, and Others), By Sales Channel
(Supermarkets/Hypermarkets, Specialty Stores, Online, and Others), By Region,
By Competition, 2018-2028”, has evaluated the future growth potential of global
motorcycle apparel market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in global motorcycle
apparel market.
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