PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1509333
PUBLISHER: Global Industry Analysts, Inc. | PRODUCT CODE: 1509333
Global Cycling Jersey Market to Reach US$1.0 Billion by 2030
The global market for Cycling Jersey estimated at US$644.9 Million in the year 2023, is expected to reach US$1.0 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2023-2030. Offline Distribution Channel, one of the segments analyzed in the report, is expected to record a 6.7% CAGR and reach US$591.2 Million by the end of the analysis period. Growth in the Online Distribution Channel segment is estimated at 7.7% CAGR over the analysis period.
The U.S. Market is Estimated at US$175.7 Million While China is Forecast to Grow at 11.3% CAGR
The Cycling Jersey market in the U.S. is estimated at US$175.7 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$228.9 Million by the year 2030 trailing a CAGR of 11.3% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.2% and 7.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.
Cycling Jersey - Key Trends and Drivers
A cycling jersey is a specialized garment designed specifically for enhancing comfort and efficiency during cycling. These jerseys are typically made from moisture-wicking fabrics to keep cyclists dry and comfortable, and feature a close fit that reduces air resistance, or drag. The design often includes features like longer backs to fit the bent-over position in cycling, pockets on the back for carrying essentials such as snacks, tools, and personal items, and zippers for ventilation. Cycling jerseys come in various styles and designs, from high-visibility colors for safety to team insignias for professional cyclists, making them not just functional but also a part of cycling culture and identity.
The development of cycling jerseys has been influenced significantly by advancements in textile technology and a deepening understanding of aerodynamics. Modern jerseys utilize synthetic fibers that are lightweight, breathable, and capable of providing thermal insulation on cooler rides without overheating the cyclist when temperatures rise. Some are treated with UV protective coatings to shield riders from the sun’s harmful rays, while others incorporate compression technology to enhance performance and reduce muscle fatigue. Additionally, the aesthetics of cycling jerseys have evolved, with manufacturers now offering a wide range of designs that include artist collaborations and nods to pop culture, catering to a broader audience beyond professional athletes.
The growth in the cycling jersey market is driven by several factors, including the increasing popularity of cycling as a fitness and leisure activity, technological advancements in garment materials and features, and a growing awareness of the importance of suitable apparel among casual and professional cyclists alike. The rise of cycling tourism and competitive events has also bolstered demand for specialized cycling wear. Moreover, consumer behavior has shifted towards personalization and sustainability, leading manufacturers to offer more customizable options and to use eco-friendly materials and production processes. The expansion of online retail platforms makes it easier for cycling enthusiasts to find and purchase jerseys that match their functional needs and personal style, further driving market growth. These trends collectively fuel the ongoing development and diversification of the cycling jersey market, ensuring its continued expansion globally.
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