Motorcycle apparel serves a dual purpose, acting as essential safety gear with items such as helmets, jackets, gloves, and boots, providing critical protection in accidents. Additionally, it addresses the need for weather protection, offering specialized gear for rain, wind, and cold conditions to enhance rider comfort. The evolving market also caters to style-conscious riders, combining safety with fashionable designs. Furthermore, there's a focus on durability and comfort for long rides, incorporating features such as ventilation and moisture-wicking. Lastly, technological innovations, such as heads-up displays and connectivity options, contribute to the modernization of motorcycle apparel, adding smart functionalities for improved riding experiences.
According to Data Bridge Market Research analyzes that the Global Motorcycle Apparel Market, which was USD 11,498.45 million in 2022, would rocket up to USD 19,756.48 million by 2030, and is expected to grow with a CAGR of 7.0% during the forecast period of 2023 to 2030.
"Rise in Government Protocols Boosts the Market Growth"
Increasing government protocols for the usage of protective wear, such as helmets and safety gear, act as a significant driver for the motorcycle apparel market. These regulations, aimed at enhancing road safety, create heightened awareness among riders regarding the necessity of protective gear. As riders comply with these protocols, there is a subsequent surge in demand for specialized motorcycle apparel. This regulatory alignment not only promotes rider safety but also stimulates market growth by fostering a culture of responsible and protected riding.
What restraints the growth of global motorcycle apparel market?
“Rapid Increase in New Tech Applications Hamper the Market Growth”
The introduction of new tech applications in the motorcycle apparel market can act as a restraint due to potential challenges. Integrating technologies like smart helmets or communication systems may increase production costs, and consumers may face a learning curve in adopting these innovations. The fast-paced evolution of technology could render existing apparel outdated, impacting market dynamics. Striking a balance between technological advancements and market adaptability is crucial for the successful integration of tech in the motorcycle apparel industry.
Segmentation: Global Motorcycle Apparel Market
The global motorcycle apparel market is segmented on the basis of product type, material, distribution channel, and end-user.
- On the basis of product type, the global motorcycle apparel market is segmented into shoes, helmets, gloves, knee pads, jackets, pants, base coats, and others
- On the basis of material, the global motorcycle apparel market is segmented into leather, and textile
- On the basis of end-user, the global motorcycle apparel market is segmented into on-road motorbike wear, and off-road motorbike wear
- On the basis of distribution channel, the global motorcycle apparel market is segmented into non-store, and store-built
Regional Insights: North America is expected to dominate the Global Motorcycle Apparel Market
North America is set to dominate the global motorcycle apparel market due to a surge in motorcycle sales and higher disposable income. The growing interest in motorcycles is expected to drive demand for specialized safety gear and stylish apparel, while increased disposable income allows consumers to invest in higher-quality products.
Asia-Pacific region is expected to show a significant growth rate during the forecast period of 2023 to 2030 due to increasing consumer demand for wearable safety gear and supportive government regulations mandating or encouraging its use. This dual dynamic underscores a rising awareness of motorcycle safety and creates a favorable environment for market growth in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/ru/reports/global-motorcycle-apparel-market
Recent Developments in Global Motorcycle Apparel Market
- In December 2022, Dunham’s Sports revealed the launch of a new store located at 1001 S. Dewey Street, U.S. As part of its marketing strategy, the company announced an enticing offer: the first 75 customers at the new store would receive a $100 gift card. This strategic business expansion not only signifies a physical presence in a new location but also aims to attract customers through a compelling incentive. Such initiatives are expected to contribute to increased revenue and the establishment of a fresh consumer base for the company
The Prominent Key Players Operating in the Global Motorcycle Apparel Market Include:
- Dunham's Sports (Michigan)
- ZhuHai Safety Helmets MFG Co., Ltd (China)
- Foshan Nanhai Xinyuan Helmets Co., Ltd. (China)
- Chih Tong Helmet Co., Ltd (China)
- Vega Helmet USA (U.S.)
- Lanxi Yema Motorcycle Fittings Co., LTD. (China)
- HJC Helmets (Germany)
Above are the key players covered in the report, to know about more and exhaustive list of global motorcycle apparel market companies contact, https://www.databridgemarketresearch.com/ru/contact
Research Methodology: Global Motorcycle Apparel Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
