Motocross Gear Market 2022 - Market Size & Forecast, Industry Trends, Manufacturers Analysis, & Opportunities 2030

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Introduction: -

The global motocross gear market consists of sales of different riding and protective motocross gear, including jerseys, helmets, jackets, boots, guards, etc., manufactured by various leading and emerging market players. These gears are required for drivers or motorcycle riders with off-road motorcycles. The global motocross gear market is expected to witness growth at a compounded annual growth rate (CAGR) of 6.4% during the forecast period of 2022-2030.

 

Growth Drivers:

The overall number of outdoor sports activities, including adventure sports and motocross events, has increased tremendously across the globe over the last few years. The rise in the number of such events leads to enhanced participation of people in motocross racing. The number of fatal injuries and accidents in such races is a common phenomenon, giving rise to the need for protective gear. Moreover, the average disposable income of people across regions is also growing, resulting in enhanced spending on quality equipment. All these factors are primarily boosting the growth of the global motocross gear market.

Moreover, the players operating in the global motocross gear market are seen to be continuously allocating substantial amounts of effort to enhance their manufacturing techniques and technologies to launch a variety of different safety equipment or gear such as boots, jackets, jerseys, and helmets. Along with this, they are also witnessed to be increasingly promoting safe riding with the help of various awareness campaigns and initiatives. Additionally, the governments across different regions across the globe are also seen to be rolling-out stringent rules and regulations, making it mandatory for motorcycle riders to wear helmets. Several NGOs and private organizations are also engaging themselves in launching campaigns to encourage motor vehicle safety. These factors are expected to largely aid in the growth of the global motocross gear market in the upcoming years.

Furthermore, the fast-paced expansion of the automobile industry worldwide, the surging awareness regarding the benefits of protective motocross gear, the ever-rising global population, the increasing obsession of riding among millennials, and the increasing number of online sales channels offering easy accessibility and a wide range of motocross gear products are anticipated to further augment the growth of the global motocross gear market during the forecast period.

However, the high cost of production and maintenance processes associated with motocross gear is projected to hinder the growth of the global motocross gear market to some extent during the forecast period of 2022-2030.

Motocross Gear Market Segmentation:

By Product:

·         Riding Gears

o   Jerseys

o   Jackets

o   Pants/Shorts

·         Protective Gears

o   Guards (Knee Brace, Neck Brace, Gloves, and Others)

o   Armored Jackets

o   Boots

o   Helmets

 

By Size:

·         Small

·         Medium

·         Large

·         Extra-Large

 

By Sales Channel:

·         Franchised Stores

·         Specialty Stores

·         Direct-to-Customer Channels

·         Third-party Online Channels

 

By Demographics:

·         Men

·         Women

·         Kids

 

By Region:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East and Africa

 

Motocross Gear Market: Product Review:

Based on product, the global motocross gear market is segmented into riding gears and protective gears. The riding gears segment held the largest share of 55.0% in the market in 2021. The segment is anticipated to continue to lead the market during the forecast period of 2022-2030. The high usage and popularity of riding gears due to their ability to provide high comfort and the growing number of riders across the globe are mainly ascribed to this segment's large share and high growth. However, the protective gears segment is expected to achieve the highest growth in the market during the forecast period. This can be attributed to the increasing number of sporting events and the growing number of fatal accidents of riders across the globe.

 

Motocross Gear Market: Demography Review:

Based on demography, the global motocross gear market is classified into men, women, and kids. The men segment acquired the largest share in the market in 2021. The segment’s position is anticipated to remain the same during the forecast period of 2022-2030. The comparatively higher number of male motorbike riders across the globe coupled with the increasing interest among men to participate in racing events worldwide are predominantly driving the growth of this particular segment.

 

Motocross Gear Market: Sales Channel Review:

Based on sales channel, the motocross gear market is categorized into franchised stores, specialty stores, direct-to-customer channels, and third-party online channels. The specialty stores segment led the market in 2021, and the trend is expected to remain unchanged throughout the forecast period. The large share of this segment can be well attributed to the high inclination of manufacturers towards enhancing the shelf visibility of their products and the high number of benefits offered by specialty stores.

 

Regional Outlook:

The motocross gear research report offers detailed analysis and forecasts for five major regions: North America, Europe, Asia Pacific, and Latin America, and the Middle East & Africa.

 

The North American region emerged as the largest motocross gear market in 2021. The region’s dominance is predicted to continue over the forecast period of 2022-2030. Factors such as the high interest among people to rides motorbikes, the increasing number of training programs for new motocross riders, the rapidly enhancing lifestyles of people, the improving manufacturing techniques of motocross gears, and the presence of the leading motocross gears manufacturers in the region are majorly attributed to the large share of North America in the motocross gear market. The U.S. and Canada stand as the leading contributors to the market.

 

The European region captured the second-largest share in the global motocross gear market in 2021. The region’s position is expected to remain unchanged during the forecast period of 2022-2030. However, the region is predicted to witness massive growth over the forecast period, owing to the high need for the adoption of riding and protective gear due to the growing number of racing competitions and the rising number of female participants in motocross racing in the region. Germany is the major contributor to the growth of the market in the region.

 

The Asia Pacific region is projected to witness the highest growth in the global motocross gear during the forecast period, followed by Latin America. The growth of the market in the region can be attributed to the factors such as the surging number of bike riders, the soaring awareness regarding racing safety protocols, the proliferating demand for various riding and protective motocross gear, and the increasing number of racing competitions, coupled with the rising number of injuries & accidents in the region. Moreover, the presence of well-established manufacturing industries and the hike in the number of motocross training institutes in major parts of the region are also contributing significantly to the growth of the motocross gear market in the Asia Pacific. India, China, and Japan are among the major contributors to the growth of the market in this region.

 

The report also identifies the country market outlook for motocross gear, covering country-wise market size, growth rate, market share, segmentation, leading players, current trends, and opportunities.

 

Key Companies in Motocross Gear Market:

The research report offers a competitive analysis of prominent companies operating in the global motocross gear market. Some of the leading players profiled in the market research report include:

·         Dainese

·         AlpineStars

·         O'Neal

·         Motorsport Aftermarket Group

·         Scott Sports

·         Aero Stitch

·         Fox Racing

·         Answer Racing

·         FLY Racing Jackets

·         Joe Rocket Jackets

·         Ride Icon

·         Other Players

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