Bicycle Clothing are apparel that are specially designed to perform cycling activities, bicycle clothes includes shorts, t-shirts and air resistance jackets. Light-weight micro denier or close-knit woven fabric material are commonly used to design bicycling clothes, these apparels are made up of Cotton, Spandex nylon and blend of polyester that helps to absorb excessive amount of sweat and keeps body dry and moisture free during cycling. Well-designed bicycle clothing helps to enhance performance as it helps in proper handling of bicycle and also help you to go faster without wasting energy. Bicycle clothing market has shown significant growth in last few years as people have become more aware about significance of cycling activity and opting for bicycle clothing that enhance comfort level during cycling. Rise in significance of cycling to maintain healthy lifestyle and innovation bicycle clothing is major factor in growth of global bicycle clothing market and expected to be more inclining in forecast period
COVID-19 Impact Analysis-
- During COVID-19, globally many industries were suffering from economic crises; spread of COVID-19 virus has led to great daunting effect on global bicycle clothing market.
- To control spread of corona virus diseases, nation-wide lockdown was imposed by government resulted in huge disruption in supply chain of raw material and looming of production cycle of globalbicycle clothing. Restraints were imposed by government on several brand stores and mega stores that led to great hampering in demand of bicycle clothing.
- E-commerce has played prominent role in uplifting supply chain of bicycle clothing product as it helps to cover wider range and cater demands of customer. Customers are also started shifting to online shopping method and hesitating and avoiding to going for instore purchases to control spread of corona virus diseases.
Top Impacting Factors-
- Many organisations are conducting cycling event and certification programs every year to promote cycling tourism and cycling activities across the world. Cyclist are using bicycle clothing apparel to participate in various cycling tournaments such as international cycling race, Tour de Singkarak, Tour de Flores, Tour de siak and international tour de, winners of these cycling events is awarded with certificates and other different benefits. Bicycle apparel helps to enhance performance of individual while cycling as it offers proper handling of bicycle and block wind while cycling. Rise in used of bicycle clothing by international and professional cyclists is key factor in growth of global bicycle clothing market.
- Now a days peoples are more worried about maintain healthy lifestyle and become health conscious, as many peoples are doing desk job and bound to be inactive that is resulting into causes of chronic health diseases such as diabetes. According to World Health Organization (WHO), individuals who travel from home to office by using bicycle has 40% lower risk of causing various heart and cardiovascular diseases. People are adapting cycling activities to remain fit and maintain healthy lifestyle, they are opting for specialized bicycle clothing as it helps to enhance comfort level and absorb moisture while cycling. Cycling helps to increase cardiovascular fitness and improve body posture and flexibility of bones, rise in significance of cycling activities to maintain healthy lifestyle is key driver in growth of global bicycle clothing market.
- Key player are highly investing in innovation of products and engaged with research &development process, to offers improvised and innovative products to catering demand of consumers and to compete with competitors and rival products. Key players have introduced crying shorts with 3D gel pad that is anti-vibration and shock resistance shorts, it helps to absorb friction between buttocks and cycle seats. 3d gel padded shorts helps to reduce pain while riding cycles; these shorts are high sweat absorbent and breathable in nature. They have introduced customized cycling jerseys made up of 100% polyester and helps in quick with high quality prints that never fade, they have also started using reflective tape on backside of jerseys to keep cyclist safe during adverse weather conditions. Key manufacturers have also introduced a bicycle jacket that helps to block wind and increase moving speed of individual while cycling; innovation in bicycle clothing is prominent factor in growth of global bicycle clothing market.
- Many companies are adapting aggressive marketing strategy for their brand promotion and to increase their brand visibility. They are also hiring many sports person and celebrities for brand endorse and to boost sale of bicycle clothing, Sports person and celebrities has great fan base and they influence demand of consumers. Many famous celebrities and sports person have introduced their own brand that is gaining attention of consumer. Rise in use of aggressive marketing strategy and brand endorsement by celebrities and sports figure is main factor that is influencing growth of global bicycle clothing.
Rise in Trend of Using Electrical Bicycle for Traveling
- People have become more concerned about environmental factors, as environmental pollution is increasing at significant rate to control and reduce environmental pollution people have started using e-bicycle for traveling. E-bicycle consist of machine that helps to boost paddling speed and minimize stress level, now a day people re using e-bicycle even for long distance as e-bicycle helps to maintain fitness and nature friendly. People are opting bicycle clothes while travelling as it helps absorb excessive moisture and ensure proper handling of bicycle; bicycle shorts are padded shorts that helps reduce movement of buttocks and shock absorbing. Bicycle apparel helps to enhance speed while cycling as it has proper cuttings that fits to human body and allow human body to stretch in a correct position. Rise in trend of using bicycle for travelling is prime factor that is fuelling growth of global bicycle clothing.
Rise in Number of People Selecting Cycling as Hobby
- Many peoples are opting cycling as hobby as it helps people to maintain healthy and fit life, cycling helps to reduce risk of many saviour diseases such as diabetes, heart diseases, cancer, obesity and stroke. Cycling is a good muscle exercise as cycling led to movement of whole body muscles while paddling and helps to build stamina, cycling helps in treatment of various factures and injuries as it helps to improve balance and strength. People are adapting bicycle clothes for cycling as it offers comforts and helps to improve efficiency while cycling. Rise in adaption of cycling activity as hobby is a key trend that is boosting growth of bicycle clothing market.
Key Benefits of Report
- This study presents the analytical depiction of the bicycle clothing Industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the bicycle clothing marketshare.
- The current market is quantitatively analysed to highlight bicycle clothing market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed bicycle clothing market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Report –
- Which are the leading players active in the bicycle clothing market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is the bicycle clothing market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the current trends and predicted trends?
Bicycle Clothing Market Report Highlights
By Product Type
By Price Point
By End User
By Distribution Channel
Key Market Players
Megashop Retail Llp, 7Mesh, BismaadhInc, Adidas AG, Paropkar Textile Pvt Ltd, Fyalimited, Cloudtail India Private Limited, Triumph International Pvt. Ltd., Decathlon S.A, Assos Plc