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Motorcycle Apparel Market Size to Grow by USD 3.67 bn | Major Vendors Include AGV Sports Group Inc. and Alpinestars Spa | Technavio

·4 min read

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The motorcycle apparel market is expected to be driven by factors such as the increasing number of road accidents, increasing demand for apparel such as helmets, jackets, shoes, and others, and the increasing government protocols regarding the usage of protective wear.

Attractive Opportunities in Motorcycle Apparel Market by Application and Geography - Forecast and Analysis 2022-2026
Attractive Opportunities in Motorcycle Apparel Market by Application and Geography - Forecast and Analysis 2022-2026

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The motorcycle apparel market value is anticipated to grow by USD 3.67 bn, progressing at a CAGR of 6.55% from 2021 to 2026.

Market Challenges

The increasing availability of counterfeit products is one of the major challenges faced by the motorcycle apparel market. The rising market prospects of motorcycle apparel and accessories are fueling the market for counterfeit motorcycle apparel. Such products are made of low-quality raw materials that are harmful to riders. The rising penetration of e-commerce has pushed the sales of counterfeit products and widened their geographical reach. It has become highly difficult for customers to distinguish between genuine and counterfeit products. Furthermore, counterfeit products are cheaper than genuine products, which is affecting the sales and pricing strategies of genuine vendors operating in the global market.

Company Profiles

Some of the companies covered in this report are AGV Sports Group Inc., Alpinestars Spa, Dainese Spa, Dunham Athleisure Corp., FLY Racing, Fox Racing Inc., KIDO Sports Co. Ltd., Polaris Inc., Spartan ProGear Co., and Vega Auto Accessories Pvt. Ltd. etc.

View Our Free Sample for more insights into the various vendors operating in the market

Competitive Analysis

The competitive scenario given in the motorcycle apparel market report studies, assesses, and positions companies based on various performance indicators. A few of the factors considered for this analysis include the financial performance of companies over the last few years, growth strategies, new product launches, investments, product innovations, growth in market share, etc.

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Market Segmentation

  • By application, the market is classified into road motorcycle apparel and off-road motorcycle apparel. The road motorcycle apparel segment contributes the highest share of the market owing to the increasing adoption of motorcycle apparel in North America and Europe.

  • By geography, the market is classified into North America, Europe, APAC, South America, and MEA. North America will have the largest share of the market owing to the rising household final consumption, driven by the growing disposable income in the region.

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Motorcycle Apparel Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.55%

Market growth 2022-2026

USD 3.67 billion

Market structure

Fragmented

YoY growth (%)

5.99

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 41%

Key consumer countries

US, China, Germany, Canada, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AGV Sports Group Inc., Alpinestars Spa, Dainese Spa, Dunham Athleisure Corp., FLY Racing, Fox Racing Inc., KIDO Sports Co. Ltd., Polaris Inc., Spartan ProGear Co., and Vega Auto Accessories Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)
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SOURCE Technavio