Baby Apparel Market Global Industry Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2027
Industry Trends
The number of riding and driving enthusiasts is increasing in a number of countries, particularly those which are developed. With increased disposable income among urban populations and an increasing desire for travel to live a fulfilling life, the pool of people investing in riding and driving apparels is expanding. Driving apparel including motorcycle jackets, trousers, shoes, helmets, and gloves are now commonly used for the purpose of safety. Thicker and heavier than normal clothing, these apparels have weatherproof closures and buttons, large zips, higher collars, and are even fitted with armour.
Adoption of protective gear and other safety devices has been speeding up to prevent serious injuries and even death. Regulatory authorities have imposed various safety regulations or laws relating to the use of helmets, jackets and other protective clothing, which in turn is likely to fuel market growth for driving apparel. On top of that, the increasing popularity of motor sports like Formula One, IndyCar, and MotoGP is expected to impact positively on the global driving apparel industry. On the other hand, these apparel costs and lack of awareness among a substantial number of consumers hinder the market from achieving its true potential.
The driving apparel market was segmented into clothes, boots, and protective gear according to the product type. Protection gear was the largest contributor to demand in 2018, with a market share of almost 50 per cent. Protection devices such as helmets, knee cap, elbow cap, and shield and spine guard among others play an important role in improving safety and are specifically designed with blinded protection to prevent the rider's vulnerable body parts from injuring. Availability of advanced materials such as plastic reinforced fiberglass and carbon fiber has made the helmets lightweight and useful.
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Asia Pacific has been identified as the most profitable region, providing the global driving apparel market with nearly a third of total demand. This Asia Pacific driving apparel market prosperity is a reflection of the foray that is being made in the region by some of the leading companies in this market. A number of growing apparel retail outlets have opened up in countries like China, Japan and India, and increasing government regulations are expected to drive the region's demand further.
Driving Apparel Market Revenue & Forecast, (US$ Million), 2015 – 2027
Competitive Landscape
The report provides both, qualitative and quantitative research of driving apparel market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analysed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.
The major market participants include: Dainese S.p.A., Alpinestars S.p.A., Fox Head, Inc., ThorMX, Scott Sports SA., LeMans Corporation, Puma Se, Adidas AG, Baoxiniao Holding Co., Ltd., Spartan ProGear Co., Solace Gears.
The major players in driving apparel market are investing in research and development to innovate new things in driving apparel market. The availability of unique and appealing driving appliances stimulates consumer demand. Driving apparel manufacturers adopt strategies such as a merger, acquisitions, and new product launches to maximize their market share in the driving apparel market.
Driving Apparel Market:
By Product Type: Clothing, Footwear, Protection Gear
By Material: Leather, Synthetic, Natural Fiber
By Vehicle: Two-Wheeler, Four-Wheeler
By Geography:
North America: (U.S, Canada, Mexico, Rest of North America)
Europe: (France, The UK, Spain, Germany, Italy)
Nordic Countries: (Denmark, Finland, Iceland, Sweden, Norway)
Benelux Union: (Belgium, The Netherlands, Luxembourg, Rest of Europe)
Asia Pacific:(China, Japan, India, New Zealand, Australia, South Korea)
Southeast Asia: (Indonesia, Thailand, Singapore)
Rest of Southeast Asia
Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of Middle East and Africa)
Latin America: (Brazil, Argentina, Rest of Latina
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