WILMINGTON, DE / ACCESSWIRE / January 24, 2023 / Transparency Market Research Inc. - The Europe cycling apparel market is projected to expand at a CAGR of 5.2% during the forecast period from 2022 to 2031, as per the market outlook by Transparency Market Research (TMR).

Cycling apparel are gaining popularity across the globe and are in high demand among cyclists. This can be ascribed to the ability of these products to keep them comfortable and provide protection against adverse weather while riding. Rise in demand for these apparel by professional riders and recreational riders is expected to drive significant business growth in the near future. Furthermore, the industry is likely to witness an increase in demand for cycling apparel, such as cycling jerseys, in the next few years. Hence, players are increasing their production capabilities for these products.

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Key Findings

• Several developed and developing countries in Europe are witnessing an increase in the number of working women. Moreover, understanding of the importance of leading a healthy lifestyle is on the rise. These factors are resulting in increased participation of individuals of all age groups in various sports activities. This, in turn, is propelling the demand for cycling apparel.
• Governments of countries in Europe are taking initiatives in order to promote cycling as a mobility solution and sports activity. Governments as well as private organizations across the globe, including in Europe, are organizing international and national-level cycling and sports events. These factors are expected to bolster market expansion. Furthermore, increase in participation of professional cyclists in cycling events, such as the Paris-Roubaix Challenge, Mallorca 312, and We Ride Flanders, is fueling demand for cycling apparel. Moreover, rise in trend of adopting cycling as a recreational activity is boosting market demand.
• As per the European Cyclists' Federation, cycling helps prevent around 18,110 premature deaths every year in the EU (European Union). Participating in cycling activities regularly can help people live a healthy life and avoid various chronic and severe health disorders. Prevalence of different lifestyle diseases, such as obesity and diabetes, is rising across several developed and developing countries. Physical inactivity is considered one of the key causes of these health conditions. Rise in health awareness among obese and diabetic people is encouraging them to adopt cycling as a regular physical activity. This, in turn, is driving demand for cycling apparel products.
• Manufacturers are increasing their efforts to provide products that meet the needs of end users. Hence, they are offering cycling apparel in various styles and for a wide range of age groups. This aside, companies are focusing on the development of products using organic materials in order to cater to the rising demand for cycling apparel from customers with sensitive skin or allergy issues. These factors are likely to propel market growth during the forecast period.

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Europe Cycling Apparel Market: Growth Drivers

• Rise in popularity of cycling as a recreational and sports activity is expected to drive market development
• Increase in number of professional cycling events is likely to boost demand for cycling apparel in Europe

Europe Cycling Apparel Market: Competition Landscape

• Companies are investing in R&D activities in order to develop products with improved quality
• Players are adopting various business strategies such as mergers, acquisitions, and regional expansions

Europe Cycling Apparel Market: Key Players

• Black Sheep Cycling
• Adidas Group
• Trek Bicycle Corporation
• Giant Bicycles
• Specialized Bicycle Components
• Ornot
• Rapha Racing Limited
• ASSOS of Switzerland GmbH
• Campagnolo S.r.l.
• Nike, Inc.

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Europe Cycling Apparel Market Segmentation

• Product Type
  • Jerseys and Tops
    • T-Shirts
    • Jerseys
    • Jackets
      • Rainproof Shells
      • Softshell Jackets
      • Waterproof Jackets
        • Base Layers
        • Triathlon Suit
        • Others (Safety Vest, etc.)
      • Bottoms and Bib Shorts
        • Bib Shorts
        • Tights
        • Pants
        • Others (Over Trousers, etc.)
      • Accessories
        • Eyewear
        • Gloves
        • Socks
        • Caps & Buffs
        • Antipollution Masks
        • Arm and Leg Warmers
        • Others (Headbands, etc.)
      • Helmets
      • Shoes
    • Consumer Group
      • Women
      • Men
      • Kids
    • End-user
      • Recreational Riders
      • Professional Riders
    • Application
      • Road Cycling
      • Mountain Biking
    • Distribution Channel
      • Online
        • E-commerce Websites
        • Company-owned Websites
      • Offline
        • Specialty Stores
        • Departmental Stores
        • Others (Independent Retailers, etc.)

Countries Covered

• U.K.
• Germany
• France
• Rest of Europe

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