Argentina Cycling Wear Market Size & Outlook, 2022-2030
Argentina cycling wear market, 2018-2030 (US$M)
Related Markets
Argentina cycling wear market highlights
- The Argentina cycling wear market generated a revenue of USD 59.3 million in 2022 and is expected to reach USD 117.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
- In terms of segment, cycle wear apparel was the largest revenue generating product in 2022.
- Cycle wear accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Cycling wear market data book summary
| Market revenue in 2022 | USD 59.3 million |
| Market revenue in 2030 | USD 117.5 million |
| Growth rate | 8.9% (CAGR from 2022 to 2030) |
| Largest segment | Cycle wear apparel |
| Fastest growing segment | Cycle wear accessories |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cycle wear apparel, Cycle wear accessories, Cycle wear shoes |
| Key market players worldwide | Lumiere, Giro Sport, Castelli Cycling, Rapha, Champion System, United Apparel, ASSOS of Switzerland, Endura, Isadore, 2XU |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.0% of the global cycling wear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cycling wear market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 117.5 million by 2030.
Cycle wear apparel was the largest segment with a revenue share of 60.71% in 2022. Horizon Databook has segmented the Argentina cycling wear market based on cycle wear apparel, cycle wear accessories, cycle wear shoes covering the revenue growth of each sub-segment from 2018 to 2030.
Buenos Aires has 250 km of bicycle lanes and a free public bicycle sharing system. The city’s tourist board offers several bicycle tours of the neighborhoods. Meanwhile, to explore at one’s pace, bikes can be borrowed for free 24 hours a day from more than 100 stations across the city through the 24-hour Ecobici bike share scheme.
Ecobici is a station-based bicycle-sharing system in Buenos Aires, Argentina, which began operating in 2010. The service is free of charge to both residents of the city and tourists. Argentina’s bike and cycling tours make great holidays, exploring beautiful areas like the Lake District and Patagonia. Day trips, as well as longer tours, are organized across the Andes over into Chile or around Bariloche’s beautiful valleys.
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Cycling Wear Market Scope
Cycling Wear Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina cycling wear market size, by product, 2018-2030 (US$M)
Argentina Cycling Wear Market Outlook Share, 2022 & 2030 (US$M)
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