Asia Pacific Cycling Wear Market is driven by rising popularity of cycling as a sporting and recreational activity
The Asia Pacific cycling wear market consists of a wide range of apparel including jerseys, bib shorts, jackets, t-shirts, shorts, pants, socks, gloves, arm warmers, and other accessories such as helmets, glasses, and shoes. Cycling wear offers various benefits like breathability, comfortability, and flexibility required for pedaling bicycles. With health awareness on the rise and growing cycling infrastructure across major Asia Pacific Cycling Wear Market Growth countries, various athletic and leisure cyclists are driving the demand for specialized and high-performance cycling wear.
The Asia Pacific cycling wear market is expected to surpass US$ 1,388.6 million by the end of 2028, in terms of revenue, exhibiting a CAGR of 9.0% during the forecast period (2021 to 2028).
Key Takeaways
Key players operating in the Asia Pacific cycling wear are ByteDance (TikTok, Douyin), Kuaishou, Bilibili, Tencent (WeChat, Tencent Video), Alibaba (Taobao, Weibo), Meta (Facebook,Instagram), YouTube, Twitch, OnlyFans, Patreon, Substack, Kickstarter, Indiegogo, Disco, Cameo. These players are investing heavily in the sponsorship of professional cycling tournaments and teams to promote their brands.
The growing popularity of indoor cycling and outdoor cycling rides as fitness activities is fueling the demand for high-performance cycling wear across Asia Pacific. Countries like China, Japan, Australia, and India have seen tremendous growth in the number of cyclists over the past five years.
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