Global Driving Apparel Market was valued at USD 12713.9 Million in the year 2018. Global Driving Apparel Market is further estimated to grow at a CAGR of 4.92% from 2019 to reach USD 16960.1 Million by the year 2025. The North America region holds the highest market share in 2018 and the Asia Pacific is considered as the fastest growing market in the forecasted period. At the country level, Germany is projected to grow strongly in the coming years due to increased investment by R&D.
Alpinestars S.p.a (Italy), Dainese (Italy), Fox Head, Inc. (US) are some of the key players in the Global Driving Apparel Market. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
Safety regulations imposed by authorities
Popularity of motorsports players. For e.g. Formula One
Innovations making accessories costly
Small scale manufacturers hindering the organized sector
Increasing the number of driving enthusiasts
Surge in adoption of protection gear
Intense competition among the producers
The Global Driving Apparel Market is segmented as ?By Product, Material, Vehicle Type, and Region.
The Product segment is divided into three segments Clothing, footwear, and protection gear. Protection gear contributes to the highest market share as they are thicker and heavier than normal jackets with waterproof closures.
The Material segment is divided into leather, synthetic, natural fiber. Leather segment has the highest share in the market as a result of growing inclination towards a healthy and active lifestyle.
The Vehicle type segment is divided into two wheelers and four wheeler. The two wheeler segment contributes the most to the market share.
Among all, it is expected that the protective gear will be growing at a moderate CAGR of XX % in the assessment period.
Key Benefits for Stakeholders
Driving Apparel Manufacturers, Distributors, and Retailers
Government agencies & authorities
By Vehicle Type
Key Market Players
Fox Head, Inc.
Scott Sports Sa
Baoxiniao Holding Co., Ltd.
Spartan ProGear Co.,
(A brief information about 10 companies will also be provided in the report)
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