Motorcycle Apparel Market Overviews
The Motorcycle Apparel Market size was valued at USD 24.90 Bn. in 2023 and the total Motorcycle Apparel Market revenue is expected to grow at a CAGR of 6.5% from 2024 to 2030, reaching nearly USD 38.69 Bn. by 2030.
The global motorcycle apparel market is influenced by several factors, including iconic bike brands like Aprilia, Ducati, and Harley Davidson, online influencers, and technological advancements. Consumers are drawn to bike touring packages offered by travel companies, and safety measures are crucial in motorcycle racing events. The market is dynamic, with governments implementing strict regulations to mitigate risks. The demand for protective clothing and accessories, including smart helmets, is rising. Major industrial players focus on strategic marketing strategies to capture market share and increase business revenue.
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Motorcycle Apparel Market Scope and Methodology:
The motorcycle apparel market is experiencing growth because of increasing demand for protective clothing, rising per capita incomes, and the rise in new industrial companies. Supply chain disruptions during the epidemic have put pressure on the market, but major industrial players have developed innovative strategies to control its expansion. The rise in traffic accidents is a significant factor in the market’s expansion, as deteriorating infrastructure and the growing number of vehicles on the roads have led to more accidents. Traffic accidents often result in injuries and impairments, leading to chronic health issues and increased awareness of the effects of traffic accidents.
Motorcycle Apparel Market Regional Insights
The Asia Pacific Motorcycle Apparel market held a 45.80% market share in 2023. Asia-Pacific is host to some of the largest motorcycle manufacturers, such as Bajaj, Hero, Honda, and TVS. These producers market their models on a large scale across continents such as Latin America and Africa. To improve the client experience during the purchase process, OEMs such as TVS and Royal Enfield ventured into the riding gear industry and promoted their products in showrooms. Sales of motorcycles have increased greatly in recent years, particularly in the sports bike sector in the Asia-Pacific area. In addition, the motorcycle apparel market in China had the most market share, while the motorcycle apparel market in India had the fastest growth in the Asia-Pacific region.
Motorcycle ApparelMarket Segmentation
Based on Product Type, Motorcycle rider’s jackets are multifunctional jackets that shield wearers from the elements and any abrasions while riding. They are made of sturdy materials that are withstand wind, rain, and other factors found on the road, including leather or other materials. To improve rider safety in the case of an accident, many motorcycle jackets also have integrated protection inserts at critical impact points including the shoulders, elbows, and back.
Motorcycle Apparel Market Key Players
Foshan Nanhai Xinyuan Helmets Co., Ltd. (China)
Vega Helmet USA (USA)
Lanxi Yema Motorcycle Fittings Co., LTD. (China)
HJC Helmets (South Korea)
AGV Sports Group Inc. (USA)
Alpinestars (Italy)
Dainese (Italy)
FLY Racing (USA)
Fox (USA)
KIDO Sports Co. Ltd. (Japan)
KUSHITANI Co. Ltd. (Japan)
Polaris Inc. (USA)
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Key questions answered in the Motorcycle Apparel Market are:
- What is Motorcycle Apparel ?
- What was the Motorcycle Apparel market size in 2023?
- What is the growth rate of the Motorcycle Apparel Market?
- Which are the factors expected to drive the Motorcycle Apparel market growth?
- What are the different segments of the Motorcycle Apparel Market?
- What growth strategies are the players considering to increase their presence in Motorcycle Apparel ?
- What are the upcoming industry applications and trends for the Motorcycle Apparel Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Motorcycle Apparel Market?
- Who are the leading companies and what are their portfolios in Motorcycle Apparel Market?
- What segments are covered in the Motorcycle Apparel Market?
- Who are the key players in the Motorcycle Apparel market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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