Global Motorbike Riding Gear Market

Global Motorbike Riding Gear Market Size, Share, Growth Analysis, By Product(Protective Gear, Clothing and Footwear), By Distribution Channels(Offline and Online) - Industry Forecast 2024-2031

Report ID: SQMIG25AG2007 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 60 | Figures: 75

Global Motorbike Riding Gear Market News

  • In June 2022, Gianni Falco unveiled the Starboy 3, a new pair of riding sneakers. It has a conventional lace-up fastening and is lightweight.
  • In May 2022, Furygan introduced a brand-new pair of riding gloves for its spring and summer collections, dubbed The Volt. More riding comfort is anticipated with these.
  • In May 2021, Klim's new off-road clothing was made available. It includes brand-new XC Lite and Dakar series hues as well as updated Mojave gear.
  • In February 2021, the Indian riding gear company, Rynox Gears, raised $1.6 million in a pre-Series A funding round. The funding was led by Pravega Ventures and also included participation from existing investors, including Sequoia Capital India's Surge.
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Motorbike Riding Gear Market size was valued at USD 12.5 billion in 2021 and is poised to grow from USD 13.3 billion in 2022 to USD 21.85 billion by 2030, growing at a CAGR of 6.4% in the forecast period (2023-2030).

Global Motorbike Riding Gear Market is highly competitive, with several major players operating in the industry. Market players who want to introduce cutting-edge items are putting a lot of effort into R&D. In order to increase the strength and longevity of their products, merchants are also adopting carbon fiber materials. Electronics are being incorporated into helmets by businesses as well. 'Alpinestars', 'Dainese S.p.A.', 'Fox Head Inc.', 'Leatt Corporation', 'O'Neal Inc.', 'Scott Sports SA', 'KLIM', 'Fly Racing', 'Bell Helmets', 'Shoei Co. Ltd.', 'AGV Sports Group Inc.', 'HJC Helmets', 'Arai Helmet Ltd.', 'Joe Rocket', 'Icon Motosports', 'Rev'It!', 'Spidi Srl', 'Held GmbH', 'Rukka', 'Klim'

More and more bikers are exercising caution as the incidence of incidents keeps increasing at an alarming rate. Motor motorcycle helmet sales have surged as consumers become more ready to invest in their safety. Compared to four-wheeled vehicles, motorcycles are less stable. Furthermore, motorcycle riders are far more exposed to the elements and other road hazards than passengers in enclosed vehicles. The degree of safety and the measures implemented strongly correlate with the frequency of accidents and fatalities. So, spending on protective equipment like motorcycle helmets has increased as rider safety concerns have grown.

The availability of innovative materials and technologies that offer improved rider protection and comfort is driving the market growth. Motorcycle accidents can result in serious injury or even death, and riders are increasingly aware of the need to wear protective gear such as helmets, jackets, gloves, and boots. As a result, companies are responding by developing new materials and technologies that offer improved impact resistance, ventilation systems, and smart connectivity. In addition to providing protection, these innovative materials and technologalso aim to improveving rider comfort, which is an important consideration for many motorcyclists. For example, some companies are developing gear with improved ventilation systems or moisture-wicking properties that help keep riders cool and dry.

Asia Pacific dominated the global Motorbike Riding Gear market. The market is expected to develop due to increasing public awareness of road safety. In the anticipated timeframe, a rise in disposable income is anticipated to increase the purchasing of premium motorcycles. The demand for motorcycle safety gear will increase over the forecast period. The market is anticipated to increase favorably as more advanced suppliers and goods become more widely available in nations like Australia, China, and India.

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