Bicycle Apparels & Accessories Market

Increasing government rules are driving market growth

Bicycle gear and accessories help to increase riding safety. Bicyclists in several countries are required to wear personal protective equipment, such as helmets and protective clothing. Many countries have distinct safety regulations, such as the EN1078 standard in Europe. The implementation of safety laws and regulations pertaining to helmets, jackets, and other protective clothing by authorities is expected to drive the market CAGR for bicycle apparel and accessories. Several countries have also witnessed an increase in outdoor activity participation.

As a result, increased outdoor exercise levels, as well as rising public awareness of the favourable effects these activities have on children's health, have propelled the market for cycling clothes and accessories in recent years.

Furthermore, the Children's Society claims that spending time outside and engaging in physical activity enhances a child's short- and long-term well-being for a variety of reasons, including improved physical and mental health. Thus, rising participation in outdoor activities and growing awareness of the health benefits of these activities are expected to drive the bicycle apparels and accessories market throughout the forecast period.

Additionally, cycling is a popular sport because it keeps individuals healthy and strong while lowering their risk of developing a variety of life-threatening diseases such as diabetes, heart disease, cancer, obesity, and stroke. Cycling can help with the therapy of many fractures and injuries since it improves balance and strength. Cycling is a muscular activity because paddling engages all of the muscles in the body and helps to increase stamina.

The Global Bicycle Apparels and Accessories Market Industry is projected to experience substantial growth over the coming years. With an estimated market value of 7.46 USD Billion in 2024, it is expected to reach 11.9 USD Billion by 2035. This growth trajectory suggests a robust demand for bicycle apparel and accessories, driven by various factors including health trends, technological advancements, and infrastructure development. The compound annual growth rate of 4.37% from 2025 to 2035 further indicates a positive outlook for the industry. Such projections highlight the potential for investment and innovation within the market.

The Global Bicycle Apparels and Accessories Market Industry is significantly influenced by the increasing health consciousness among consumers. As individuals become more aware of the benefits of physical activity, cycling emerges as a popular choice for exercise and recreation. This trend is reflected in the growing participation rates in cycling events and recreational biking, which in turn drives demand for specialized apparel and accessories. The anticipated growth of the market, with a compound annual growth rate of 4.37% from 2025 to 2035, suggests that health-focused consumers are likely to continue investing in quality cycling gear to enhance their riding experience.

The Global Bicycle Apparels and Accessories Market Industry benefits from the ongoing expansion of cycling infrastructure in urban areas. Governments worldwide are investing in bike lanes, parking facilities, and cycling-friendly policies to promote cycling as a viable mode of transportation. This infrastructure development encourages more individuals to take up cycling, thereby increasing the demand for related apparel and accessories. As cities become more bike-friendly, the market is likely to see a surge in new cyclists, contributing to the projected growth from 7.46 USD Billion in 2024 to 11.9 USD Billion by 2035. The supportive infrastructure may also enhance the overall cycling experience.

Technological innovations play a crucial role in shaping the Global Bicycle Apparels and Accessories Market Industry. The introduction of advanced materials and smart textiles enhances the functionality and performance of cycling apparel. Features such as moisture-wicking fabrics, temperature regulation, and integrated technology for tracking performance are becoming increasingly popular. These advancements not only improve the comfort and safety of cyclists but also attract tech-savvy consumers looking for high-performance gear. As the market evolves, the integration of technology into cycling apparel is expected to drive sales and contribute to the overall growth of the industry.

The Global Bicycle Apparels and Accessories Market Industry experiences a notable shift towards sustainability, driven by increasing consumer awareness regarding environmental issues. As more cyclists seek eco-friendly options, manufacturers are responding by developing products made from recycled materials and organic fabrics. This trend is likely to enhance brand loyalty and attract a broader customer base. The market's projected growth from 7.46 USD Billion in 2024 to 11.9 USD Billion by 2035 indicates a significant opportunity for companies that prioritize sustainability in their product offerings. The emphasis on sustainable practices may also align with governmental policies promoting green transportation.

The Global Bicycle Apparels and Accessories Market Industry is positively impacted by the rising participation in cycling events and competitions. Events such as marathons, triathlons, and charity rides are gaining popularity, attracting a diverse range of participants. This trend not only fosters a sense of community among cyclists but also drives demand for specialized apparel and accessories designed for performance and comfort. As more individuals engage in these events, the market is likely to witness sustained growth. The anticipated compound annual growth rate of 4.37% from 2025 to 2035 indicates that the cycling event culture will continue to influence consumer purchasing behavior.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American bicycle apparels & accessories market area will dominate this market, because of technical improvements such as the incorporation of airbags and LEDs in helmets. Furthermore, important manufacturers prioritise promotional operations to raise customer knowledge of new products, increasing the growth of the North American market.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2: BICYCLE APPARELS & ACCESSORIES MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe’s bicycle apparels & accessories market accounts for the second-largest market share due to the region's high per capita disposable income, consumers are eager to purchase expensive high-quality cycling clothes and accessories. Further, the German bicycle apparels & accessories market held the largest market share, and the UK bicycle apparels & accessories market was the fastest-growing market in the European region

The Asia-Pacific Bicycle Apparels & Accessories Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due of the region's consumers' preference for high-quality cycling attire and safety gear. Moreover, China’s bicycle apparels & accessories market held the largest market share, and the Indian bicycle apparels & accessories market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in R&D to expand their product lines, which will help the bicycle apparels & accessories market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, bicycle apparels & accessories industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the bicycle apparels & accessories industry to benefit clients and increase the market sector. In recent years, the bicycle apparels & accessories industry has offered some of the most significant advantages to medicine. Major players in the bicycle apparels & accessories market, including Rapha Racing Limited (UK), POC Sports (Sweden), Fox Head Inc (US), 100% Speedlab, LLC (US), PEARL iZUMi (US), Manifattura Valcismon S.PA. (Italy). and others, are attempting to increase market demand by investing in R&D operations.

Adidas AG is a German athletic apparel and footwear company based in Herzogenaurach, Bavaria. It is Europe's largest sportswear producer and, after Nike, the world's second largest. It is the parent company of the Adidas Group, which owns 8.33% of the football club Bayern München, as well as Runtastic, an Austrian fitness technology firm. Adidas reported €21.915 billion in revenue in 2018. Adolf Dassler founded the company in his mother's house in 1924, and he was joined by his elder brother Rudolf under the name Gebrüder Dassler Schuhfabrik ("Dassler Brothers Shoe Factory").

In January 2019, Adidas released the first mobile reservation app in the footwear business. Using geotargeting technology, the Adidas Confirmed app allows consumers to gain access to and reserve the brand's limited-edition footwear.

Trek Bicycle Corporation manufactures and distributes bicycles and cycling products under the brand names Trek, Electra Bicycle Company, Bontrager, and Diamant Bikes. Previously, the company produced bikes under the Gary Fisher, LeMond Racing Cycles, Klein, and Villiger Bikes brand names. Trek bicycles are marketed through 1,700 individually owned bicycle stores across North America, subsidiaries in Europe, Asia, and South Africa, as well as distributors in 90 countries worldwide. The majority of Trek bicycles are made in nations other than the United States, including the Netherlands, Germany, Taiwan, and China. In November 2021, Trek has announced the availability of its professional level Madone.