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Global Cycling Arm Warmers Market growing at a CAGR of 6.1% from 2023 to 2030

Category : Consumer Goods | Published Date : Jul 2023

Key Market Overview

The cycling arm warmers market is expected to gain significant growth in the forecast period of 2023 to 2030. Consegic Business Intelligence analyzes that the market was 645.45 million in 2022 and is expected to reach the market size of USD 1,030.24 million in 2030 with a compound annual growth rate of 6.1%.

The report highlights the increasing adoption of cycling which is proliferating the global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the cycling arm warmers market.

Global Cycling Arm Warmers Market By Overview

Global Cycling Arm Warmers Market

The cycling arm warmers market is bifurcated into fabric type and end user. Based on fabric type, the market is segmented into polyamide, spandex, lycra, merino wool, and others. In 2022, the polyamide segment dominated the overall cycling arm warmers market. The end user segment is categorized into men, women, and unisex. In 2022, the unisex segment accounted for the highest market share in the cycling arm warmers market.

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Market Dynamics

Driver:

 

  • The increasing popularity of cycling as a form of exercise and transportation is driving the growth of the cycling arm warmers market.
  • Rising government initiatives to promote cycles as means of transportation to reduce air pollution, and minimize traffic is also contributing to the growth of the growth of the market.

 

Restraints:

  • Performance limitations related to cycling arm warmers fabrics are restraining the growth of the market.

Market Segmentation:

Report Attributes Report Details
By Fabric Type Polyamide, Spandex, Lycra, Merino Wool, and Others
By End User Men, Women, and Unisex
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The market is dominated by certain major companies such as Saucony, Pearl Izumi, Nike, Inc., and Louis Garneau Sports have a strong market position in current market circumstances. Further, the Cycling Arm Warmers market is expected to witness significant growth in coming years due to increasing cycling as a form of exercise and transportation. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in cycling arm warmers are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.

  • Saucony
  • Pearl Izumi
  • Nike, Inc.
  • Louis Garneau Sports
  • Castelli (a subsidiary of Manifattura Valcismon Spa)
  • Canari
  • Giordana
  • Fox Racing
  • Zhejiang Donen Sport Co., Ltd.
  • GripGrab
  • RockBros