Who are the key vendors in the Global Motorbike Riding Gear Market?

The Global Motorbike Riding Gear Market is highly competitive, with several major players operating in the industry. Market players are investing in R&D to introduce cutting-edge items and adopting carbon fiber materials to increase product strength and longevity. Electronics are also being incorporated into helmets. Key vendors include 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, and Klim.

What is the key driver of the Global Dry Van Trailers Market?

The key driver of the Global Dry Van Trailers Market is the increasing public awareness of road safety, leading to a surge in motorcycle helmet sales as consumers invest more in their safety. Motorcycles are less stable than four-wheeled vehicles, and riders are more exposed to road hazards. Consequently, spending on protective equipment like motorcycle helmets has increased.

What is the key market trend for the Global Motorbike Riding Gear Market?

The key market trend for the Global Motorbike Riding Gear Market is the availability of innovative materials and technologies that offer improved rider protection and comfort. Companies are developing new materials and technologies such as impact-resistant materials, ventilation systems, and smart connectivity to enhance rider safety and comfort.

Which region accounted for the largest share in the Global Motorbike Riding Gear Market?

Asia Pacific accounted for the largest share in the Global Motorbike Riding Gear Market. The market is expected to grow due to increasing public awareness of road safety and rising disposable income, leading to increased purchasing of premium motorcycles and motorcycle safety gear.

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

Q: What is the global market size of Motorbike Riding Gear Market?

The 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).

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

Global Motorbike Riding Gear Market Insights

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).

Spending on motorcycle protection gear has increased as urban residents' disposable incomes have increased, and they've become more motivated to travel and have fulfilling lives. Motorcycle riding gear is now utilised for protection, including a helmet, gloves, jackets, knee and elbow guards, spine guards, pants, and shoes. Customers are increasingly looking for cutting-edge products with effective uses and safety features, so companies competing in the global market for protective motorcycle riding gear have increased their R&D spending in order to provide customers with cutting-edge products with added safety features. The market for high-end motorcycles is rising globally due to the rise in double-income households, which increased expenditure on protective riding gear. Due to the increasing demand for high-end motorcycles, market participants are providing cutting-edge and fashionable items that offer effective safety and are more expensive than conventional protective apparel. Moreover, during the projection period, demand for motorcycle riding gear is anticipated to be driven by product innovation, product line extension and premiumization.

US Motorbike Riding Gear Market is poised to grow at a sustainable CAGR for the next forecast year.

Global Motorbike Riding Gear Market Report Snapshots

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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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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

Global Motorbike Riding Gear Market Insights

Global Motorbike Riding Gear Market Report Snapshots

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What is the global market size of Motorbike Riding Gear Market?

Who are the key vendors in the Global Motorbike Riding Gear Market?

What is the key driver of Global Motorbike Riding Gear Market?

What is the key market trend for Global Motorbike Riding Gear Market?

Which region accounted for the largest share in Global Motorbike Riding Gear Market?

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