Consumer & Luxury Goods Market Research News

Recent research: Motorcycle apparels market to grow at a CAGR of 6.2% by 2025

The author of the report analyzed that Global Motorcycle Apparel Market is expected to grow at a CAGR of 6.2% over the forecast period from 2017 to 2025.

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Research N Reports brings key comprehensions on the subject of Global Motorcycle Apparel Market in its latest report titled Motorcycle Apparels Industry by Product Type (Jacket, Glove, Pants, Shoes, Helmets, Knee Cap, Elbow Cap, Face Mask, Rain Suits, Chest Guards, Spine Guards, Base Layers, Other Protection Accessories); by Applications (Road Motorcycle Apparel, Off-road Motorcycle Apparel);   by Regions (North America, Asia Pacific, Europe, the Middle East & Africa and Latin America) – Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017 - 2025’.

Peruse the complete report titled Motorcycle Apparel Market - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2017 - 2025” at goo.gl/bS4rDf

 

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 The presented report by Research N Reports on the global market is a detailed analysis of various aspects regarding motorcycle apparel market globally. The report highlights different existing drivers, restraints and opportunities that are expected to arise in future.

The report offers an outline of all the key performance pointers of the industry.

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The examination covers the industry on account of income, volume, wherever applicable.

There has been increasing cases of road accidents internationally, owing to lack of driving ability, street racing, distinguished speeding, impairment due to alcohol and drugs and several other features. Hence, various safety rules have been executed by governing bodies globally regarding usage of helmets, jackets and other driving apparels.

This factor is likely to fuel the growth of the market to a huge amount. Motorsports is one of the fastest growing and most popular spectator sport all over the world.

For example, yearly crowd appearance at all U.S. motorsports events is considered to be more than 15 million.

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With cumulative occurrence of such racing events, the demand for safety clothing is also rising, mainly due to protection issues of the rider and application of strict laws in order to prevent serious injuries in the event of an accident. Additionally, there has been an outpouring in adoption of e-commerce among customers in emerging countries, which in turn improved online retail sales of these apparels.

Leading industrialists are continuously focused on technological invention and amalgamation in material composition and design of driving apparels, which in turn is expected to create noteworthy growth opportunity for the market.

Some of the protruding participants in the market are Klim, Kido Sport, HANIL, HJC, Chih-Tong, YOHE, Jiujiang Jiadeshi, Pengcheng Helmets, Nanhai Xinyuan Helmets, Safety Helmets MFG, Zhejiang Jixiang, Hehui Group, Yema, Soaring, Duhan, and Scoyco.

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