Cycling Jersey Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR41655
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The cycling jersey market has the potential to grow by USD 257.01 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.22%.

This cycling jersey market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (offline and online) and geography (Europe, North America, APAC, South America, and MEA). The cycling jersey market report also offers information on several market vendors, including adidas AG, ASSOS of Switzerland GmbH, Fox Racing Inc., Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Pending System GmbH and Co. KG, Rapha Racing Ltd., Shimano Inc., Trek Bicycle Corp., and Troy Lee Designs Inc. among others.

What will the Cycling Jersey Market Size be in 2021?

Cycling-Jersey-Market-Market-Size-2020-2025

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Cycling Jersey Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing need for fitness is notably driving the cycling jersey market growth, although factors such as fluctuating prices of raw materials may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the cycling jersey industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This cycling jersey market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Cycling Jersey Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • adidas AG
  • ASSOS of Switzerland GmbH
  • Fox Racing Inc.
  • Giant Manufacturing Co. Ltd.
  • Jaggad Pty Ltd.
  • Pending System GmbH and Co. KG
  • Rapha Racing Ltd.
  • Shimano Inc.
  • Trek Bicycle Corp.
  • Troy Lee Designs Inc.

 

The vendor landscape of the cycling jersey market entails successful business strategies deployed by the vendors. The cycling jersey market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the cycling jersey market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Cycling Jersey Market?

Cycling-Jersey-Market-Market-Share-by-Region-2020-2025

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32% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for cycling jerseys in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Innovation and portfolio expansion leading to product premiumization will facilitate the cycling jersey market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Distribution Channel Segments in the Cycling Jersey Market?

Cycling-Jersey-Market-Market-Share-by-Distribution Channel-2020-2025

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The cycling jersey market share growth by the offline segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the cycling jersey market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

 

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What are the Key Factors Covered in this Cycling Jersey Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cycling jersey market growth during the next five years
  • Precise estimation of the cycling jersey market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cycling jersey market across Europe, North America, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cycling jersey market vendors

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Cycling Jersey Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8.22%

Market growth 2021-2025

$ 257.01 million

Market structure

Fragmented

YoY growth (%)

7.49

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

APAC at 32%

Key consumer countries

US, China, Japan, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

adidas AG, ASSOS of Switzerland GmbH, Fox Racing Inc., Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Pending System GmbH and Co. KG, Rapha Racing Ltd., Shimano Inc., Trek Bicycle Corp., and Troy Lee Designs Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The cycling jersey market growth will increase by $237.28 million during 2019-2024.
The cycling jersey market is expected to grow at a CAGR of 7.86% during 2019-2024.
Technavio has segmented the cycling jersey market by distribution channel (Offline and Online) ,application (Semiconductors, Life sciences, Material sciences, and Nanotechnology) , and geographic (Europe, North America, APAC, and South America).
ASSOS of Switzerland GmbH, adidas AG, FOX HEAD Inc., Giant Manufacturing Co. Ltd., Jaggad Pty Ltd., Pending System GmbH & Co. KG, Rapha Racing Ltd., Shimano Inc., Trek Bicycle Corp., Troy Lee Designs Inc. are a few of the key vendors in the cycling jersey market.
APAC will register the highest growth rate of 33.52% among the other regions. Therefore, the cycling jersey market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Germany
  • France
  • The Netherlands
The key factors driving the cycling jersey market growth are:
  • Growing need for fitness activities
  • Growing demand for personalized medicine
The cycling jersey market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
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