The Motorcycle Racing Apparel Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Motorcycle Racing Apparel Global Market Report 2024, The motorcycle racing apparel market size has grown strongly in recent years. It will grow from $1.99 billion in 2023 to $2.12 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to emergence of e-sports, rise of motorsport culture, globalization and market expansion, rider preferences and comfort, fashion and style evolution.
The motorcycle racing apparel market size is expected to see strong growth in the next few years. It will grow to $2.73 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to innovations in material science, demand for customization, safety regulations and standards, fashion and design trends, economic factors. Major trends in the forecast period include marketing and branding strategies, customization and personalization, safety and protection, aesthetic and design trends, ergonomics and comfort.
The increasing number of accidents is driving the growth of the motorcycle racing apparel market. The number of accidents is increasing mainly due to speeding/reckless driving followed by other reasons such as the absence of safe procedures, open violation of the traffic rules by the drivers, poor road lighting increasing encroachment, and others. Motorcycles are more prone to accidents as motorcyclists and their passengers are more exposed to weather and road risks than drivers in enclosed automobiles. This rise in the number of accidents will create a huge demand for motorcycle racing apparel and gears that act as a protective shield to ensure the safety of riders and provide comfort during the ride. For instance, in December 2022, according to the Ministry of Road Transport and Highways, an India-based government department, in 2021, States/UTs in India reported a total of 153,972 road accident fatalities, surpassing the 2020 figure of 131,714. Therefore, the rising number of accidents will drive the growth of the motorcycle racing apparel market.
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The motorcycle racing apparel market covered in this report is segmented –
1) By Type: Clothing, Footwear, Protection Gear
2) By Distribution Channel: Non-Store, Store Built
3) By Application: Competitive Race, Recreation
Major companies operating in the motorcycle racing apparel market are forming partnerships to develop new products and strengthen their positions in the market. Partnerships and collaborations in the motorcycle racing apparel market enhance product innovation, credibility, and market reach by leveraging the expertise of multiple entities, fostering the development of specialized gear and expanding the customer base. For instance, in May 2022, Royal Enfield, an India-based motorcycle company, partnered with Alpinestars, an Italy-based motorsport company, to launch a new range of purpose-built CE-certified riding gear. This collection includes high-quality riding jackets, gloves, and trousers featuring Alpinestars patented Drystar technology, known for its waterproof and breathable properties. The partnership aims to provide Indian riders with enhanced safety, performance, and comfort, combining the expertise of both Royal Enfield and Alpinestars in creating world-class riding apparel.
The motorcycle racing apparel market report table of contents includes:
- Executive Summary
- Motor Vehicle Steering and Suspension Components Market Characteristics
- Motor Vehicle Steering and Suspension Components Market Trends And Strategies
- Motor Vehicle Steering and Suspension Components Market - Macro Economic Scenario
- Global Motor Vehicle Steering and Suspension Components Market Size and Growth
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- Global Motor Vehicle Steering and Suspension Components Market Competitive Benchmarking
- Global Motor Vehicle Steering and Suspension Components Market Competitive Dashboard
- Key Mergers And Acquisitions In Motor Vehicle Steering and Suspension Components Market
- Motor Vehicle Steering and Suspension Components Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Yamaha Motor Corporation
- Fox Head Inc.
- Ferrari S.p.A
- Dainese SpA
- BMW SA
- Alpinestars SpA
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Motorcycle Racing Apparel Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Motorcycle Racing Apparel industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Motorcycle Racing Apparel manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014–2024 global and Chinese Motorcycle Racing Apparel market covering all important parameters.The key ponits of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014–2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Motorcycle Racing Apparel industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019–2024 market development trends of Motorcycle Racing Apparel industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Motorcycle Racing Apparel Industry before evaluating its feasibility.Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-motorcycle-racing-apparel-2019-2024-445There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Motorcycle Racing Apparel as well as some small players.The information for each competitor includes:Company ProfileMain Business InformationSWOT AnalysisSales, Revenue, Price and Gross MarginMarket ShareFor product type segment, this report listed main product type of Motorcycle Racing Apparel market in gloabal and china.ClothingFootwearProtection GearFor end use/application segment, this report focuses on the status and outlook for key applications.
End users sre also listed.Competitive RaceRecreationReasons to Purchase this Report:Estimates 2019–2024 Motorcycle Racing Apparel market development trends with the recent trends and SWOT analysisMarket dynamics scenario, along with growth opportunities of the market in the years to comeMarket segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspectsRegional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.Market value (USD Million) and volume (Units Million) data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five yearsComprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players1-year analyst support, along with the data support in excel format.Any special requirements about this report, please let us know and we can provide custom report.Get the Complete Report & TOC at https://www.24marketreports.com/consumer-goods-and-services/global-motorcycle-racing-apparel-2019-2024-445CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports
Motorcycle Apparel Market Revenue, 2016-2021, 2022-2027, ($ millions) Global Motorcycle Apparel Market Sales, 2016-2021, 2022-2027, (K Units) Global top five Motorcycle Apparel companies in 2020 (%)The global Motorcycle Apparel market was valued at 10670 million in 2020 and is projected to reach US$ 12260 million by 2027, at a CAGR of 3.5% during the forecast period.Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/6558145/global-motorcycle-apparel-2021-2027-144We surveyed the Motorcycle Apparel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.Total Market by Segment:Global Motorcycle Apparel Market, By Type, 2016-2021, 2022-2027 ($ Millions) & (K Units)Global Motorcycle Apparel Market Segment Percentages, By Type, 2020 (%)JacketGlovePantsProtectorShoesHelmetsBase LayersGlobal Motorcycle Apparel Market, By Application, 2016-2021, 2022-2027 ($ Millions) & (K Units)Global Motorcycle Apparel Market Segment Percentages, By Application, 2020 (%)Road Motorcycle ApparelOff-road Motorcycle ApparelGlobal Motorcycle Apparel Market, By Region and Country, 2016-2021, 2022-2027 ($ Millions) & (K Units)Global Motorcycle Apparel Market Segment Percentages, By Region and Country, 2020 (%)North AmericaUSCanadaMexicoEuropeGermanyFranceU.K.ItalyRussiaNordic CountriesBeneluxRest of EuropeAsiaChinaJapanSouth KoreaSoutheast AsiaIndiaRest of AsiaSouth AmericaBrazilArgentinaRest of South AmericaMiddle East & AfricaTurkeyIsraelSaudi ArabiaUAERest of Middle East & AfricaCompetitor AnalysisThe report also provides analysis of leading market participants including:Key companies Motorcycle Apparel revenues in global market, 2016-2021 (Estimated), ($ millions)Key companies Motorcycle Apparel revenues share in global market, 2020 (%)Key companies Motorcycle Apparel sales in global market, 2016-2021 (Estimated), (K Units)Key companies Motorcycle Apparel sales share in global market, 2020 (%)Further, the report presents profiles of competitors in the market, key players include:KushitaniRS TaichiAlpinestarsKOMINEGOLDWIN MotorcycleDAYTONAYELLOW CORNDaineseSpidiHeldRukkaREVITFuryganIXS (Hostettler)PolarisKido SportHJCShoeiYOHE HelmetsJiangmen Pengcheng HelmetsVista OutdoorYema HelmetDuhanScoycoMoto-boyNerveAraiSchuberthReasons to Purchase Our Research Report:1.
Analyzing the outlook of the market with the recent trends and SWOT analysis2.
Market dynamics scenario, along with growth opportunities of the market in the years to come3.
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects4.
Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.5.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment6.
