Global Driving Apparel Market Market In-depth Forecast Study Highlights Growth in CAGR 5.3% and Revenue (US$ 18,565Mn) till 2025

Posted on 2018-05-09 by Mark Hub in Consumer Services // 0 Comments

Albany, USA, 2018-May-09 — /EPR Network/ —An up-to-date research report 2018 has been disclosed by Market Research Reports Search Engine (MRRSE) highlighting the title “Driving Apparel Market -Global Industry Analysis, Trend, Size, Share and Forecast, 2017 – 2025” which provides an outlook for current market value as well as the expected forecast including Rate on Investment (ROI) together with the growing CAGR near 5.3% during 2018-2025. The report studies the Driving Apparel Market worldwide, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, size, growth, revenue, consumption, import and export in these regions.

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In a number of countries, particularly those that are developed, the number of riding and driving enthusiasts is increasing. With incremented disposable income among urban population and growing desire for travel to live a fulfilling life, the pool of people who are investing on riding and driving apparels is expanding. Driving apparels such as motorcycle jackets, pants, shoes, helmets, and gloves are now widely used for protective purpose. These apparels are thicker and heavier than normal clothing with weatherproof closures and pockets, substantial zips, higher collars, and are even equipped with armor. According to this business and commerce study, the demand in the global driving apparel market will expand at a CAGR of 5.3% during the forecast period of 2017 to 2025. In terms of revenue, the analysts of the report have estimated that the opportunities in the global driving apparel market will translate into US$18,565.0 mn by the end of 2025, substantially up from its evaluated worth of US$12,312.5 mn in 2017.

There has been a surge in adoption of protection gear and other safety accessories in order to prevent serious injuries and even death. Several safety regulations or laws regarding the use of helmets, jackets and other protection clothing have been imposed by regulatory authorities, which in turn is likely to fuel the growth of the market for driving apparel. In addition to that, rising popularity of motorsports such as Formula One, IndyCar, and MotoGP are expected to reflect positively on the global driving apparel market. On the other hand, cost of these apparels and lack of awareness among a substantial chunk of consumers are obstructing the market from attaining its true potential.

Global Driving Apparel Market: Competitive Landscape

Some of the major players operating in the driving apparels market include Alpinestars S.p.A. (Italy), Dainese S.p.A. (Italy), Fox Head, Inc. (U.S.), Scott Sports SA (Switzerland) and ThorMX (U.S.) among others.

Read Comprehensive Overview of Report @ https://www.mrrse.com/driving-apparel-market

The global driving apparel market has been segmented as follows:

Global Driving Apparel Market, By Product Type

Clothing
Footwear
Protection Gear

Global Driving Apparel Market, By Material

Leather
Synthetic
Natural Fiber

Global Driving Apparel Market, By Vehicle Type

Two Wheeler
Four Wheeler

Global Driving Apparel Market, By Geography

North America
- The U.S.
- Canada
- Rest of North America
Europe
- K.
- Germany
- Italy
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
Middle East and Africa (MEA)
- GCC
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America

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