France Cycling Wear Market Size & Outlook, 2022-2030
France cycling wear market, 2018-2030 (US$M)
Related Markets
France cycling wear market highlights
- The France cycling wear market generated a revenue of USD 237.8 million in 2022 and is expected to reach USD 420.4 million by 2030.
- The France market is expected to grow at a CAGR of 7.4% 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 237.8 million |
| Market revenue in 2030 | USD 420.4 million |
| Growth rate | 7.4% (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, France accounted for 3.9% 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 Europe, Germany cycling wear market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 425.2 million by 2030.
Cycle wear apparel was the largest segment with a revenue share of 60.13% in 2022. Horizon Databook has segmented the France 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.
France is home to the world’s most prestigious and most difficult bicycle race, the Tour de France. The modern editions of the Tour de France consist of 21 day-long segments (stages) over 23 days and cover around 3,500 kilometers (2,200 mi). There are usually between 20 and 22 teams, with eight riders in each.
This race makes the whole French population more inclined towards biking and indulging in sports activities related to the same. But being trained in bicycle racing requires a lot of specific apparel and accessories, which makes the country a more lucrative place for the expansion of the cycling wear industry. France, a signatory of the 2015 Paris Agreement, has committed to move towards carbon neutrality within a few decades.
To achieve this, the French government aims to promote environmentally friendly travel. Transport is the source of more than 20% of carbon dioxide emissions. France wants to develop its transportation offers such as a tramway in Nantes, metro in Rennes, and an overall transportation structure in the capital, supported by the Grand Paris project.
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Cycling Wear Market Scope
Cycling Wear Market Companies
| Name | Profile | # Employees | HQ | Website |
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France cycling wear market size, by product, 2018-2030 (US$M)
France Cycling Wear Market Outlook Share, 2022 & 2030 (US$M)
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