What is Global Road Motorcycle Gear Market?
The Global Road Motorcycle Gear Market is a comprehensive sector that encompasses a wide range of products designed to enhance the safety, comfort, and style of motorcycle riders. This market includes everything from clothing, boots, helmets, gloves, armour, and other accessories that are specifically designed for road motorcycle riders. These products are not just about style or fashion, but they are primarily about safety and protection. They are designed to protect the riders from various risks and hazards that they may encounter while riding on the road. For instance, helmets are designed to protect the rider's head in case of an accident, while gloves are designed to protect the hands from cuts and abrasions. Similarly, boots are designed to protect the feet and ankles, while armour is designed to protect the body from impacts. These products are made from high-quality materials that are durable, resistant to wear and tear, and capable of withstanding the harsh conditions of the road. They are also designed to be comfortable and easy to wear, with features like adjustable straps, padding, and ventilation to ensure a comfortable fit and ride. The Global Road Motorcycle Gear Market is a highly competitive market, with several major players vying for a share of the market. These players offer a wide range of products, with different features, designs, and price points, catering to the diverse needs and preferences of motorcycle riders around the world.
Clothing, Boots, Helmets, Gloves, Armour, Others in the Global Road Motorcycle Gear Market:
The Global Road Motorcycle Gear Market is not just about the products, but also about the channels through which these products are sold. There are three main channels through which these products are sold - motorcycle dealerships, specialty retailers, and online retailers. Motorcycle dealerships are the traditional channel for selling motorcycle gear. These dealerships usually have a wide range of products on display, allowing customers to see, touch, and try on the products before making a purchase. Specialty retailers, on the other hand, are stores that specialize in selling motorcycle gear. These stores usually have a wider range of products and brands, and they often have knowledgeable staff who can provide advice and recommendations to customers. Online retailers are the newest channel for selling motorcycle gear. These retailers offer the convenience of shopping from home, with a wide range of products available at the click of a button. They also offer detailed product descriptions, customer reviews, and often have competitive prices. However, the downside of online shopping is that customers cannot see, touch, or try on the products before making a purchase. Despite this, the popularity of online shopping is growing, and it is expected to become an increasingly important channel for the Global Road Motorcycle Gear Market.
Motorcycle Dealership, Specialty Retailer, Online Retailer in the Global Road Motorcycle Gear Market:
Looking at the market outlook, the Global Road Motorcycle Gear Market was valued at a significant US$ 1025 million in 2022. This value is not static, however, as it is projected to experience a substantial increase, reaching an estimated US$ 1428.2 million by the year 2029. This represents a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period of 2023-2029. This growth is not surprising, considering the increasing popularity of road motorcycling as a sport, hobby, and mode of transportation. As more and more people take to the road on their motorcycles, the demand for high-quality, safe, and stylish motorcycle gear is also expected to increase. This increase in demand is expected to drive the growth of the Global Road Motorcycle Gear Market, leading to the projected increase in market value. However, it's important to note that this growth is not guaranteed, as it is dependent on various factors, including the economic conditions, consumer preferences, and technological advancements.
| Report Metric | Details |
| Report Name | Road Motorcycle Gear Market |
| Accounted market size in 2022 | US$ 1025 in million |
| Forecasted market size in 2029 | US$ 1428.2 million |
| CAGR | 4.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | HJC, Arai, Schuberth, Shoei, RS Taichi, Kushitani, Alpinestars, KOMINE, DAYTONA, YELLOW CORN, Dainese, Spidi, Held, Rukka, REVIT, Furygan, Polaris |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
