India Mountain Bike Apparel Market Size & Outlook
India mountain bike apparel market, 2017-2030 (US$M)
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India mountain bike apparel market highlights
- The India mountain bike apparel market generated a revenue of USD 88.3 million in 2022 and is expected to reach USD 155.6 million by 2030.
- The India market is expected to grow at a CAGR of 7.3% from 2023 to 2030.
- In terms of segment, top wear was the largest revenue generating product in 2022.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Mountain bike apparel market data book summary
| Market revenue in 2022 | USD 88.3 million |
| Market revenue in 2030 | USD 155.6 million |
| Growth rate | 7.3% (CAGR from 2022 to 2030) |
| Largest segment | Top wear |
| Fastest growing segment | Accessories |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Top Wear, Bottom Wear, Accessories |
| Key market players worldwide | Patagonia Gold Corp Ordinary Shares, Alpinestars, LeMans Corporation, United Sports Brands, Endura, Dainese, Giro Sport, Louis Garneau Sports, Youngone, Rapha, Fox Corp Class B, Troy Lee Designs Inc. |
Other key industry trends
- In terms of revenue, India accounted for 2.5% of the global mountain bike apparel market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China mountain bike apparel market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 155.6 million by 2030.
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Mountain Bike Apparel Market Scope
Mountain Bike Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
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India mountain bike apparel market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mountain bike apparel market will help companies and investors design strategic landscapes.
Top wear was the largest segment with a revenue share of 44.39% in 2022. Horizon Databook has segmented the India mountain bike apparel market based on top wear, bottom wear, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
Mountain biking is gradually gaining popularity in India, owing to scenic trails and routes in the country. The country's diverse geography, from the Himalayas to the Western Ghats, offers a unique experience for mountain bikers of all levels.
The popularity of mountain biking in the country has augmented the demand for its associated apparel. In addition to the growth of the mountain biking apparel market in India, the country is also becoming a popular destination for mountain biking enthusiasts.
Several international mountain biking events are held in India each year, including the MTB Himalaya, one of the most challenging mountain biking races in the world. This is boosting the demand for mountain biking apparel in the country.
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Our clientele includes a mix of mountain bike apparel market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India mountain bike apparel market , including forecasts for subscribers. This country databook contains high-level insights into India mountain bike apparel market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India mountain bike apparel market report size, by product, 2017-2030 (US$M)
India Mountain Bike Apparel Market Outlook Share, 2022 & 2030 (US$M)
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