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Motorcycle Apparel Market Promising Growth Opportunities at Blooming CAGR of 7.11% With Estimated Market Size of USD 12,303.4 Million by 2024

Press release   •   Oct 01, 2019 08:10 IST

Global Motorcycle Apparel Market is anticipated to record a CAGR of 7.11% to reach USD 12,303.4 Million by the year 2024.

The new research from Ameco Research on Global Motorcycle Apparel Market Report for 2024 intends to offer a target audience with a fresh outlook on the market and fill in the knowledge gaps with the help of processed information and opinions from industry experts. The information in the research report is well-processed and a report is accumulated by industry professionals and seasoned experts in the field to ensure the quality of research.

The research is backed by extensive and in-depth secondary research which involves reference to various statistical databases, national government documents, relevant patent and regulatory databases, news articles, press releases, company annual reports, webcasts, financial reports, and a number of internal and external proprietary databases. This estimated data is cross-checked with industry experts from various leading companies in the market. After the entire authentication process, these reports are shared with subject matter experts (SMEs) for adding further value and to gain their insightful opinion on the research. With such a robust process of data extraction, verification, and finalization, we firmly endorse the quality of our research. With such extensive and in-depth research and comprehensive coverage of information, it is always a possibility of clients finding their desired information in the report with enclosure of key components and valuable statistics in all regards.

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Global Motorcycle Apparel Market: Information by Product Type (Helmets, Jackets, Gloves, Shoes, Pants, Base Layers and others), End-Use (On-Road Motorcycle Apparel and Off-Road Motorcycle Apparel), Distribution Channel (Store-Based and Non-Store-Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2024

Market analysis
The global motorcycle apparel market is likely to record significant growth during the said forecast period until the year 2024. The growth in sales of two-wheelers across the globe, particularly in the Asia-Pacific region is predictable to certainly stimulate global market progress, though the high pricing of motorbike wear is obstructing the progress of the market. The development of the global market towards the occurrence of rigorous government protocols concerning the usage of protecting wear when riding motorbikes. Also, the Global Motorcycle Apparel Market is anticipated to record a CAGR of 7.11% to reach USD 12,303.4 Million by the year 2024. Motorbikes apparel is dedicated to wear, gear and a kit worn by bike riders while motorbiking. It helps several purposes counting from clarity in vision, temperature or weather conditions, loading freight, style, proof of identity and obliging transportations plans. Motorbike wear is used to help more care and reducing risks and a low chance of getting hurt in case of road injuries. Some governments in a few countries have delegated this equipment as mandatory like helmets, shielded wear for motorbikers. Generally, motorbikes are one of the most progressing segment of the global motorbike vehicles market around the world and justify for the popularity of on and off-road vehicles in several low and middle-level nations whereas is also enhancing the sales for motorbikes' wear.

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Market segmentation

The global motorcycle apparel market has been segmented by product type which includes shoes, helmets, gloves, knee pads, jackets, pants, base coats, others, etc.), then by End-user and is given by on-road motorbike wear and off-road motorbike wear, by distribution channel and that includes non-store and store built and by region it is divided into the globe by Europe, North America, Rest of World and the Asia Pacific region. Under the helmets section the CAGR is probable reach USD 3,993.9 Million by the end of the year 2024 and is believed to be the highest recording a considerable progress overall. The gloves sector is expected to be the most progressing during the forecast period than others. The chief meaning of a helmet is generally to guard the rider's and the pillion's head during an accident, in case. Therefore, the mounting peak of road-hitting chances has caused an increase in the mandate of helmets. Also, for protection procedures helmets are made compulsory in many states which is chiefly pouring the progress into this market as well the sector.


Regional analysis

The global motorcycle apparel market has been divided into Asia-Pacific, Europe, North America and the Rest of the world. Geographically, the global motorcycle apparel market is split in regions like US, Canada and Mexico in NA, where within Europe, the regions focused are Germany, UK Spain, France, Italy, UK, and the Rest of Europe, while Asia-Pacific comprises of regions like Australia & New Zealand, India, China, Japan and the rest of Asia-Pacific respectively. The Rest of the world regions are South America and Middle East & Africa. The market in Asia-Pacific is likely to showcase the tallest CAGR of around 7.51% during the said forecast period. The increasing number of motorbike sales in the region is getting heavy and are pouring the progress of this market. Cumulative responsiveness around the security of motorbike riders and intensifying per capita incomes are the prime features for the development of the motorcycle apparel market in South America and the Middle East. The North American motorbike wear market is projected to be the tallest throughout the said forecast period. Thus, the areas resulted in around 34.66% totaling the market share in the year 2018. The United States is the foremost supplier to the progress of the North American motorcycle apparel market.

Major players
The proposed spectators in the global motorcycle apparel market are Apparel industry, Governments, associations, and industrial bodies, the Automotive industry, Motorcycle wear manufacturers, suppliers, Motorcycle apparel manufacturers, investors, trade experts, wholesalers, traders and distributors. The projected onlookers in the global motorcycle apparel market are companies like Dunham's Athleisure Corporation (US), Chih Tong Helmet Co., Zhuhai Safety Helmets MFG Co., Ltd. (China), Foshan Nanhai Xinyuan Helmets Co., Ltd. (China), KLIM Industries Inc. (US), KIDO Sports Co. LTD (KIDO Sports) (South Korea), Soaring Helmet Corporation (Vega Helmets) (US), Hanil Co., Ltd. (South Korea), Lanxi Yema Motorcycle Fittings Co., LTD. (China), Ltd. (Zhitong Enterprise) (China) and HJC Inc. (South Korea).

Available customization:

With the given market information, Ameco research offers customization's in line with the company's specific wishes. The following customization choices unit of measurement accessible for the report:
Regional and country-level analysis of the Global Motorcycle Apparel Market, by end-use.
Detailed analysis and profiles of additional market players.


Table of Contents

Global Motorcycle Apparel Market Research Report Forecast to 2024

1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Motorcycle Apparel Market, by Product Type
1.1.2 Global Motorcycle Apparel Market, by End-Use
1.1.3 Global Motorcycle Apparel Market, by Region
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Market Structure
2.4 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 List of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Stringent Government Regulations
4.2.2 Increasing Sales of Two-Wheelers in Emerging Economies
4.3 Restraint
4.3.1 High Cost of Apparel
4.4 Opportunities
4.4.1 Product Development
4.4.2 Innovative Marketing Strategies
4.5 Challenges
4.5.1 Lack of Awareness about Safety
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.2 Porter’s Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Threat of Substitutes
5.2.4 Bargaining Power of Buyers
5.2.5 Rivalry
6 Global Motorcycle Apparel Market, by Product Type
6.1 Overview
6.1.1 Global Motorcycle Apparel Market, by Product Type, 2013–2024 (USD Million)
6.2 Helmets
6.2.1 Helmets: Market Estimates & Forecast, by Region, 2013-2024
6.3 Jackets
6.3.1 Jackets: Market Estimates & Forecast, by Region, 2013-2024
6.4 Gloves
6.4.1 Gloves: Market Estimates & Forecast, by Region, 2013-2024
6.5 Shoes
6.5.1 Shoes: Market Estimates & Forecast, by Region, 2013-2024
6.6 Pants
6.6.1 Pants: Market Estimates & Forecast, by Region, 2013-2024
6.7 Base Layers
6.7.1 Base Layers: Market Estimates & Forecast, by Region, 2013-2024
6.8 Others
6.8.1 Others: Market Estimates & Forecast, by Region, 2013-2024
7 Global Motorcycle Apparel Market, by End Use
7.1 Overview
7.1.1 Global Motorcycle Apparel Market, by End Use, 2013–2024 (USD Million)
7.2 On-Road Motorcycle Apparel
7.2.1 On-Road Motorcycle Apparel: Market Estimates & Forecast, by Region, 2013-2024
7.3 Off-Road Motorcycle Apparel
7.3.1 Off-Road Motorcycle Apparel: Market Estimates & Forecast, by Region, 2013-2024
8 Global Motorcycle Apparel Market, by Distribution Channel
8.1 Overview
8.1.1 Global Motorcycle Apparel Market, by Distribution Channel, 2013–2024 (USD Million)
8.2 Store-Based
8.2.1 Store-Based: Market Estimates & Forecast, by Region, 2013-2024
8.3 Non-Store-Based
8.3.1 Non-Store-Based: Market Estimates & Forecast, by Region, 2013-2024
9 Global Motorcycle Apparel Market, by Region
9.1 Overview
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 UK
9.3.2 Germany
9.3.3 France
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Australia & New Zealand
9.4.5 Rest of Asia-Pacific
9.5 Rest of the World
9.5.1 South America
9.5.2 Middle East
9.5.3 Africa
10 Company Profiles
10.1 KLIM Industries Inc.
10.1.1 KLIM Industries Inc.: Company Details
10.1.2 KLIM Industries Inc.: Business Overview
10.1.3 KLIM Industries Inc.: Motorcycle Apparels Products Offered
10.2 KIDO Sports Co. LTD (KIDO Sports)
10.2.1 KIDO Sports Co. LTD (KIDO Sports): Company Details
10.2.2 KIDO Sports Co. LTD (KIDO Sports): Business Overview
10.2.3 KIDO Sports Co. LTD (KIDO Sports): Motorcycle Apparels Products Offered
10.3 HJC Inc.
10.3.1 HJC Inc.: Company Details
10.3.2 HJC Inc.: Business Overview
10.3.3 HJC Inc.: Motorcycle Apparels Products Offered
10.4 Foshan Nanhai Xinyuan Helmets Co., Ltd.
10.4.1 Foshan Nanhai Xinyuan Helmets Co., Ltd.: Company Details
10.4.2 Foshan Nanhai Xinyuan Helmets Co., Ltd.: Business Overview
10.4.3 Foshan Nanhai Xinyuan Helmets Co., Ltd.: Motorcycle Apparels Products Offered
10.5 Lanxi Yema Motorcycle Fittings Co., LTD
10.5.1 Lanxi Yema Motorcycle Fittings Co., LTD.: Company Details
10.5.2 Lanxi Yema Motorcycle Fittings Co., LTD.: Business Overview
10.5.3 Lanxi Yema Motorcycle Fittings Co., LTD.: Motorcycle Apparels Products Offered
10.6 Dunham’s Athleisure Corporation
10.6.1 Dunham’s Athleisure Corporation: Company Details
10.6.2 Dunham’s Athleisure Corporation: Business Overview
10.6.3 Dunham’s Athleisure Corporation: Motorcycle Apparels Products Offered
10.7 Chih Tong Helmet Co., Ltd.
10.7.1 Chih Tong Helmet Co., Ltd.: Company Details
10.7.2 Chih Tong Helmet Co., Ltd.: Business Overview
10.7.3 Chih Tong Helmet Co., Ltd.: Motorcycle Apparels Products Offered
10.8 Hanil Co., Ltd.
10.8.1 Hanil Co., Ltd.: Company Details
10.8.2 Hanil Co., Ltd.: Business Overview
10.8.3 Hanil Co., Ltd.: Motorcycle Apparels Products Offered
10.9 Soaring Helmet Corporation (Vega Helmets)
10.9.1 Soaring Helmet Corporation (Vega Helmets): Company Details
10.9.2 Soaring Helmet Corporation (Vega Helmets): Business Overview
10.9.3 Soaring Helmet Corporation (Vega Helmets): Motorcycle Apparels Products Offered
10.1 Zhuhai Safety Helmets MFG Co., Ltd.
10.10.1 Zhuhai Safety Helmets MFG Co., Ltd.: Company Details
10.10.2 Zhuhai Safety Helmets MFG Co., Ltd.: Business Overview
10.10.3 Zhuhai Safety Helmets MFG Co., Ltd.: Motorcycle Apparels Products Offered
11 Conclusions
11.1 Key Findings

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