Key Competitors - Asia Pacific Cycling Wear Industry

May, 2023 - by CMI

Key Competitors - Asia Pacific Cycling Wear Industry

The growing desire for riding bicycles among consumers due to increased health and fitness consciousness is driving the growth of the Asia Pacific cycling clothing market. Cycling practise is predicted to increase as the incidence of chronic illnesses such as high blood pressure, diabetes, and obesity rises as a result of changing lifestyle patterns and improper eating habits.   Cycling, as recommended by doctors and health trainers, plays a crucial part in maintaining excellent health and staying fit. An growth in the number of cycling events organised throughout the world, as well as the rising popularity of sporting events, are projected to generate profitable prospects for cycling gear market players over the forecast period. The growing number of cyclist deaths has instilled in individuals a fear of cycling, which is expected to stymie the expansion of the cycling gear industry. Although a greater proportion of the population prefers riding, traffic accidents are anticipated to lower the number in the near future, which may limit the usage of cycling clothing.

According to Coherent Market Insights, The Asia Pacific Cycling Wear Market is expected to surpass US$ 1,388.6 million by the end of 2028, in terms of revenue, exhibiting a CAGR of 9.0% during the forecast period (2021 to 2028).

Leading Companies in the Asia Pacific Cycling Wear Industry:

1. Castelli Cycling

Castelli Cycling is a clothing manufacturer that produces skinsuits, sublimated jerseys, and lycra shorts. The company was founded in 1876, headquartered in Italy.

2. Giro Sport Design

Manufacturer of bicycle helmets. The company designs helmets, accessories and apparel for cycling, skiing and snowboarding and offers its products to riders and enthusiasts in North America and Europe. The company was founded in 1985, headquartered in Santa Cruz, U.S.

3. Champion System

Champion System is an online store of sporting goods and other accessories. The company was founded in 2005, headquartered in Lincoln, U.S.

Conquest Cycle Wear Ltd.,

4. 2XU Pty. Ltd.

2XU Pty. Ltd. designs and markets sporting equipment, apparel, and accessories. The Company offers pants, shirts, gloves, socks, hats, guards, goggles, and other products. 2XU serves customers in Australia. Founded in Australia in 2005, 2XU is a technical sports apparel company and a platform to help people chase their finish lines. 

5. Endura Limited

The company is Manufacturer of health supplements intended to offer affordable nutritional products to consumers. The company's product portfolio includes weight gainer supplements, bodybuilding supplements, energy bars, protein bars, sports nutritional supplements, peanut butter and general nutrition products. The company was founded in 1996, headquartered in New Delhi, India.

6. Isadore Apparel

Isadore develops and designs as well as produces apparel for cyclists that is sustainable. The company was founded in 2012, headquartered in Slovakia.

7. Rapha Racing Limited

The company is Provider of sports clothing and accessories based in England, United Kingdom. The company offers t-shirts, jackets, jerseys, shirts, shorts, trousers, hats, caps, gloves and other accessories through a network of retail partners and through an online platform. The company was founded in 2004, headquartered in London, U.K

8. Panache Cyclewear Co.

The company is Manufacturer of apparel for cyclists and triathletes. The company offers premium, yet attainable cycling clothing by combining innovative fabrics and construction techniques with fashionable style and design. The company was founded in 2008, headquartered in United States.

9. Cadence Collection

Cadence Collection is a fashion brand that provides apparel collections for men and women and other lifestyle products. The company was founded in

10. Voler Inc.

Voler Systems provides full-service R&D consulting from concept to moving new products into production. The company was founded in 1979, headquartered in California, U.S.

 *Definition- Cycling clothes and accessories are included in cycling wear. Pedalling apparel is designed to fit and support the cyclist's body while pedalling. These are stretchy and give additional comfort to the user. Cycling wear gear comprises shorts, jackets, leggings, gloves, jerseys, and other items.

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