North America Cycling Wear Market Size & Outlook
North America cycling wear market, 2018-2030 (US$M)
Related Markets
North America cycling wear market highlights
- The North America cycling wear market generated a revenue of USD 1,593.4 million in 2022.
- The market is expected to grow at a CAGR of 7.6% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 1,593.4 million |
| Market revenue in 2030 | USD 2,872.9 million |
| Growth rate | 7.6% (CAGR from 2022 to 2030) |
| Largest segment | Cycle wear apparel |
| Fastest growing segment | Cycle wear accessories |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 26.0% of the global cycling wear market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,101.8 million by 2030.
Cycle wear apparel was the largest segment with a revenue share of 57.73% in 2022. Horizon Databook has segmented the North America 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.
Increasing health consciousness, changing lifestyles, and consumers’ growing interest in cycling as a hobby are driving the growth of the cycling wear market in North America. Cycling is a popular leisure activity and a means of transportation for a rising number of people in the region.
According to a Condé Nast Traveller article published in 2018, more than 10% of Americans cycled on a regular basis. The article also mentioned that the number of bicycling participants aged six years.
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Cycling Wear Market Scope
Cycling Wear Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America cycling wear market size, by country, 2018-2030 (US$M)
North America Cycling Wear Market Outlook Share, 2022 & 2030 (US$M)
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