South Africa Mountain Bike Apparel Market Size & Outlook
South Africa mountain bike apparel market, 2017-2030 (US$M)
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South Africa mountain bike apparel market highlights
- The South Africa mountain bike apparel market generated a revenue of USD 23.2 million in 2022 and is expected to reach USD 30.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.6% 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 23.2 million |
| Market revenue in 2030 | USD 30.8 million |
| Growth rate | 3.6% (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, South Africa accounted for 0.7% 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 Middle East & Africa, South Africa mountain bike apparel market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.4 million by 2030.
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Mountain Bike Apparel Market Scope
Mountain Bike Apparel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 46.12% in 2022. Horizon Databook has segmented the South Africa mountain bike apparel market based on top wear, bottom wear, accessories covering the revenue growth of each sub-segment from 2017 to 2030.
The market for mountain bike apparel in South Africa is expected to be driven by a combination of factors, including a growing interest in mountain biking, the presence of well-developed infrastructure, and an increase in e-commerce sales.
Several online retailers like Endura and Troy Lee Designs offer a wide range of mountain bike apparel and accessories, making it easier for riders to find the products they need at competitive prices. According to a 2021 article by TREAD Media, a leading mountain biking media brand in South Africa, the country has ideal year-round weather for mountain biking and some of the greatest mountain bike events in the world.
A survey by the media company showed that Gauteng and the Western Cape are among the most high-profile avenues for mountain bike marketing and retail, with over 78% of the rider respondents living in these two provinces.
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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 South Africa mountain bike apparel market , including forecasts for subscribers. This country databook contains high-level insights into South Africa mountain bike apparel market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa mountain bike apparel market report size, by product, 2017-2030 (US$M)
South Africa Mountain Bike Apparel Market Outlook Share, 2022 & 2030 (US$M)
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