Germany Cycling Wear Market Size & Outlook, 2022-2030
Germany cycling wear market, 2018-2030 (US$M)
Related Markets
Germany cycling wear market highlights
- The Germany cycling wear market generated a revenue of USD 309.4 million in 2022 and is expected to reach USD 561.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.7% 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 309.4 million |
| Market revenue in 2030 | USD 561.5 million |
| Growth rate | 7.7% (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, Germany accounted for 5.0% 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 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 58.37% in 2022. Horizon Databook has segmented the Germany 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.
Cycling is immensely popular in Germany, with over 75% of Germans owning a bike, as stated by Forbes issue of July 2021. The country has cycling lanes in many places and many people use a bike as a part of their daily commute to work or school. According to federal statistics, 30% of all households in German cities with over 500,000 inhabitants use a bicycle as their sole means of transport. That means these households do not even own a car or a motorbike.
More than 80% of Germans use bicycles, especially if they need to travel 15km or less. This makes Germany one of the leading cycling countries. People in Berlin have gone one step further; it is estimated that there are 710 bicycles per 1,000 inhabitants in the city. With 620km of dedicated cycle paths, Berlin is also among cities with the highest rate of bike commuting in the world.
Interest in cycling has skyrocketed, especially among young people, and is now even regarded as “hip” among younger communities. This significant biking population offers a major opportunity for market entry or expansion for cycling wear players.
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Cycling Wear Market Scope
Cycling Wear Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany cycling wear market size, by product, 2018-2030 (US$M)
Germany Cycling Wear Market Outlook Share, 2022 & 2030 (US$M)
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