Global Cycling Clothing Production Was 27125 In 2017
Friday, 07 Dec, 2018
In global market, In terms of volume, the global Cycling Clothing Production was 27125 in 2017, and it is predicted to reach 44615 in 2024, at a CAGR of more than 7.637%. In 2016, the global Cycling Clothing market is led by USA, capturing about 43.73% of global Cycling Clothing consumption. Europe is the second-largest region-wise market with 29.27% global consumption share.
At present, the major manufacturers of Cycling Clothing are Adidas, Nike, Specialized Bicycle, MERIDA, TREK, Capo, Assos, Rapha, Marcello Bergamo, Castelli, Jaggad, Pearl Izumi, GIANT, CCN Sport, Mysenlan, etc. Adidas and Nike is the world leader.
USA was the largest regional market for Cycling Clothing, with revenue USD 1174 million in 2017. It is further expected to grow due to more and more people pay attention to healthy lifestyles. In addition, China is also expected to witness fastest growth, at an estimated CAGR of 21.57% from 2017 to 2024.
In the future, global market is expected to witness significant growth on account of rising applications, so in the next few years, Cycling Clothing consumption will show a trend of steady growth. In 2024 the production of Cycling Clothing is estimated to be 44615 K Units.