The global cycling wear market size was valued at USD 5.49 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2020 to 2027. 

Market growth is attributed to rise in awareness related to health and fitness among consumers across the globe. There has been a rise in the health-related problems, such as diabetes, high blood pressure, and obesity, amongst the youth and middle-aged people. Many doctors and health trainers advise regular cycling practices to people, which helps to reduce the ill effects of many aforementioned medical conditions. Additionally, consumers in urban areas nowadays prefer riding bicycles as a sustainable mode of transportation, which is expected to propel market growth over the forecast period.

Manufacturers of cycling wears and gears have been coming up with a wide range of cycling apparel and gears to gain customer loyalty towards cycling wear products. There has been an increase in the adoption of the high visibility cycling jacket in the market. For instance, in 2017, according to a study conducted in Demark on more than 6900 cyclists, cyclists who wear high visibility jackets had 47% less accident rate to those who are not wearing jackets. These jackets make the wearer more visible to vehicular traffic and make them stand out against their background environment. Highly visible colors such as orange and yellow neon with designer retro-reflective tape are commonly used for this application.

Gather more insights about the market drivers, restrains and growth of the Cycling Wear Market

Detailed Segmentation:

Product Insights

The cycle wear apparel segment accounted for the largest revenue share in 2019 with a share of 68.8% in 2019 and is expected to maintain its lead over the forecast period. There are a wide range of cycling wear apparel and clothing available in the market. The cycling wear apparel segment includes products such as leggings, shorts, gloves, beanies, tights jackets, and jersey. These products are designed with high category clothing material offering good comfort to the rider, along with other attributes including durability, moisture resistance, waterproof, windproof, and high visibility. Cycling wear apparels are designed to fit and support the body during riding, and thus are made up of stretchable material to offer extra comfort.

Distribution Channel Insights

Hypermarket and supermarket stores held the largest revenue share of 39.9% in 2019. Several buying schemes and availability of a wide range of products in these stores with a special presence of sports product segments are driving the segment. Companies such Decathlon, Nike, and Adidas are some of the brands offering major discounts on products through these retail sales channels. Moreover, growing trend of sales representatives in these stores assist the consumers in attaining pleasant shopping experience has increased the importance of these channels.

Regional Insights

Europe accounted for the largest revenue share of 29.1% in 2019 and is expected to maintain its lead over the forecast period. Europe has been witnessing impressive growth in promoting riding bicycles and that it has further penetrated the market with the introduction of electric bicycles. According to the World Bank in 2016, close to 70% of the population in Finland use bicycles for various activities, including office commute and leisure ride.

Asia Pacific is anticipated to expand at the fastest CAGR of 5.0% over the forecast period. Countries such as South Korea, Japan, and China have shown great interest in cycling events, which is expected to drive the regional market. Consumers’ inclination towards use of quality cycling wear apparel and safety gear is increasing cycling activities in the country. China is one of the prominent markets in this region and Japan and South Korea are the upcoming markets in the field of cycling wear apparel in Asia Pacific.

Browse through Grand View Research's Clothing, Footwear & Accessories Industry Research Reports.

• The global bicycle daytime running lights market was estimated at USD 147 million in 2023 and is projected to grow at a CAGR of 8.9% from 2024 to 2030. 

• The global bicycle lights market size was estimated at USD 374 million in 2023 and is projected to grow at a CAGR of 9.8% from 2024 to 2030.

Key Companies & Market Share Insights

Leading players in the market are stressing on product innovation and new product development in order to gain a greater market share at the global level. For instance, Rapha, a cycle product manufacturer, recently launched a new turbo- specific clothing range for indoor cycling. This clothing range includes sleeveless t-shirts, core cargo shorts, and indoor training towel, which will be effective in sweat reduction. 

Some of the prominent companies operating in the global cycling wear market are:

• LUMIERE CYCLING

• GIRO SPORT DESIGN

• Castelli Cycling

• Rapha Racing Limited

• Champion System

• United Apparel Solution Ltd. (Cuore of Switzerland Inc.)

• ASSOS of Switzerland GmbH

• Endura Limited

• Isadore apparel

• 2XU

Cycling Wear Market Segmentation

Grand View Research has segmented the global cycling wear market on the basis of product, distribution channel, and region:

Cycling Wear Product Outlook (Revenue, USD Million, 2016 - 2027)

• Cycle wear apparel

• Cycle wear accessories

Cycling Wear Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)

• Hypermarket and Supermarket

• Sports Variety Stores

• E-commerce

• Others

Cycling Wear Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America

o U.S.

• Europe

o Germany

o France

o U.K.

• Asia Pacific

o China

o Japan

• Central & South America

o Brazil

• Middle East & Africa (MEA)

Order a free sample PDF of the Cycling Wear Market Intelligence Study, published by Grand View Research.