Cycling gears such as helmets, shoes, jerseys, shorts, gloves, jackets and other accessories have become an essential part of cycling. These gears offer safety, comfort and easy maneuvering during cycling. With an increasing number of people taking up cycling as a lifestyle sport and means of transportation, the demand for high-quality, breathable and durable cycling wear has risen substantially.

The global Cycling Wear Market is estimated to be valued at US$ 5632.18 Mn in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
The increased demand for sustainable materials is one of the key trends being witnessed in the cycling wear market. Consumers are increasingly looking for gear made from eco-friendly and recycled materials due to rising environmental concerns. Manufacturers are responding to this demand by utilizing renewable resources and recycled polyester to manufacture cycling shorts, shirts and other accessories. For instance, popular brands like Giro and Louis Garneau have launched lines of cycling kits made entirely from recycled plastic bottles. Furthermore, brands like Rapha and Palo Alto Bicycles offer a range of suits crafted from biodegradable fabrics. The growing preference for sustainable gear options among cyclists is expected to drive significant demand over the forecast period.

Segment Analysis
The global cycling wear market is dominated by the cycling apparel segment. Cycling apparel accounts for over 35% of the market share as it caters to performance and comfort needs of cyclists. Within cycling apparel, jerseys hold the largest share due to high demand for moisture-wicking and breathable fabrics in hot and humid conditions during cycling.

Key Takeaways
The Global Cycling Wear Market Size is expected to witness high growth over the forecast period of 2024 to 2031.

Regional analysis indicates that Europe currently holds the largest share of over 30% in the global market owing to presence of major cycling equipment brands and high cycling participation rates in countries like France, Italy and Germany. However, North America region is projected to surpass Europe and emerge as the fastest growing regional market during the forecast period.

Key players operating in the cycling wear market are Alpha MOS, E-Nose Pty, The E-nose Company, Electronic Sensor technology, Scent Science Corporation, Airsense Analytics GmbH, Scentsational Technologies, Scensive Technology, Envirosuite Limited, RoboScientific Ltd., Chromatotec and Intelligent Optical Systems, Inc. Regional analysis related content comprises The Asia Pacific region is also expected to witness significant growth and emerge as the second largest regional market for cycling wear by 2031 owing to rising health consciousness, increasing disposable incomes and promotion of cycling as a sport in countries like China, Japan and India.

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