LONDON--(BUSINESS WIRE)--Technavio has been monitoring the cycling wear market and it is poised to grow by USD 2.98 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ASSOS of Switzerland GmbH, adidas AG, FOX HEAD Inc., Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Pending System GmbH & Co. KG, Rapha Racing Ltd., Shimano Inc., Trek Bicycle Corp., and Troy Lee Designs Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased adoption of cycling has been instrumental in driving the growth of the market.
Cycling Wear Market 2020-2024 : Segmentation
Cycling Wear Market is segmented as below:
- North America
- South America
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Cycling Wear Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cycling wear market report covers the following areas:
- Cycling Wear Market size
- Cycling Wear Market trends
- Cycling Wear Market industry analysis
This study identifies the high influence of celebrity endorsements on purchase decisions as one of the prime reasons driving the cycling wear market growth during the next few years.
Cycling Wear Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the cycling wear market, including some of the vendors such as ASSOS of Switzerland GmbH, adidas AG, FOX HEAD Inc., Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Pending System GmbH & Co. KG, Rapha Racing Ltd., Shimano Inc., Trek Bicycle Corp., and Troy Lee Designs Inc. Backed with competitive intelligence and benchmarking, our research reports on the Cycling Wear Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Cycling Wear Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist cycling wear market growth during the next five years
- Estimation of the cycling wear market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the cycling wear market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cycling wear market vendors
Table Of Contents :
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Clothing - Market size and forecast 2019-2024
- Footwear - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- ASSOS of Switzerland GmbH
- adidas AG
- FOX HEAD Inc.
- Giant Manufacturing Co. Ltd.
- Jaggad Pty Ltd.
- Pending System GmbH & Co. KG
- Rapha Racing Ltd.
- Shimano Inc.
- Trek Bicycle Corp.
- Troy Lee Designs Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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