Cycling Gloves Market Size, Trends and Insights By Type (Full Finger Cycling Gloves, Mitts (Short Finger or Fingerless)), By Application (Sports/Adventure, Daily Transportation), By Distribution Channel (Online, Offline), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2032


Report Code: CMI23461

Published Date: May 2023

Pages: 220+

Category: Consumer Goods

Report Snapshot

CAGR: 5%
650M
2022
705M
2023
1200M
2032

Source: CMI

Study Period: 2023-2032
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • SIXSIXONE
  • HIRZL
  • Revo Moto
  • AML UNITED LIMITED
  • GIRO
  • Trek Bikes
  • Others

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Reports Description

The Global Cycling Gloves Market was estimated at USD 650 million in 2022 and is anticipated to reach around USD 1200 million by 2032, growing at a CAGR of roughly 5% between 2022 and 2030.

CMI research report offers a 360-degree view of the Cycling Gloves market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Cycling Gloves market.

  • Cycling gloves are not obligatory, but they are essential if we want to protect our hands from injury in the event of a fall. There are other benefits to wearing gloves that go beyond added protection for cyclists (safety, comfort, damping).
  • The popular forms of gloves are mostly used because of their comfort, lightness, and breathability, especially during the summer or when it’s hot. All cycling disciplines can use them, with the exception of downhill and enduro, where full-finger gloves are more typical. Long-finger gloves are also preferred by some bikers when riding cross-country. They can offer some degree of protection from wind and cold. Still, they are often not appropriate for temperatures below ten degrees Celsius unless you tend to feel hot or enjoy vigorous exercise. There are many different types of models available, from ultralight and no-padding aerodynamic time trial mitts to gloves with gel inserts, nose wipes, and knuckle protection.
  • With the rise of obesity and other ailments globally, cycling has been one of the most well-liked fads throughout the years and the most chosen method of exercise in line. Growing environmental concerns also increase the number of cyclists worldwide, which has increased the need for various cycling gloves.
  • Due to the lockdowns that have been implemented, the beginning of the COVID-19 pandemic and its aggressive outbreak has had an impact on the burgeoning businesses and industries in numerous countries. Additionally, international governments enacted travel restrictions, company closures, and prohibitions. The demand from people who often use bicycles as their primary means of transportation was impacted. It impacted the overall market for cycling accessories, including cycling gloves.

Report Scope

The global Cycling Gloves market research report offers an in-depth analysis of the global market size, which is further segmented into regional and country-level market size, and segmentation market growth. Also, it provides the market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations. The scope of the study includes market sizing and forecast for segmentation by, type, distribution channel, application, and geography.

Feature of the Report Details
Market Size in 2023 USD 705 Million
Projected Market Size in 2032 USD 1200 Million
Market Size in 2022 USD 650 Million
CAGR Growth Rate 5% CAGR
Base Year 2022
Forecast Period 2023-2032
Key Segment By Type, Application, Distribution Channel, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Market Dynamics

  • Cycling has gained popularity and is now practiced for leisure or as a sport. Cycling gloves help improve control and grip on the handlebars, particularly if your hands sweat. Because they wick away sweat and keep your hands dry, they offer comfort and safety. Also, if you press the brake lever with wet fingertips, unpleasant outcomes may result. Furthermore, if the gloves have gel inserts or padding, they absorb more shock. They can guard against harm. Such benefits of cycling gloves are resulting in driving the cycling gloves market growth.
  • Naturally, the proper gloves shield wearers from the elements because cycling tends to cause hands to become quickly chilly, avoiding calloused skin, which bikers may develop if they ride their bikes for an excessive amount of time or grasp the handlebars too firmly.
  • Bicyclists are more likely to get handlebar palsy. A nerve in your wrist will get injured as a result of persistent compression. If a cyclist is not careful, he/she can risk experiencing nerve damage in addition to potentially severe pain. This is propelling the demand for cycling gloves.
  • A bicycle is an affordable and environmentally beneficial means of transportation. Cycling is a healthy type of exercise. Many people choose to commute by bicycle. An important factor driving the market is the increase in health awareness. The market for bicycle gloves is anticipated to grow as a result of millennials’ propensity for outdoor riding and fitness activities.
  • Worldwide cycling has increased as a result of growing environmental concerns. During the projection period, factors like increased bicycle sales, rising disposable income, rising purchasing power, and rising bicycle riding occasions are projected to increase the sale of cycling gloves.

Global Cycling Gloves Market 2023–2032 (By Million)

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Europe Region Dominated the Cycling Gloves Market in 2021

  • The cycling gloves market’s dominant region will be Europe. It will be responsible for 44% of the market’s growth during the anticipated timeframe. The Netherlands, Denmark, and Germany dominate the cycling gloves market in Europe. Additionally, market expansion in this region will be slower than in North America and APAC. During the projection period, the expansion of the cycle gloves market in Europe will be driven by the accessibility of riding equipment.
  • Cycling Gloves demand is increasing in Europe as a result of increased cycle production brought on by the industry’s strong players and a shift toward more environmentally friendly means of transportation. The expansion of the cycling gloves market in the European region is also being aided by the European road cycling championships and the need for cycling gloves for a safe and improved cycling experience.
  • Due to the popularity of sports among young people, Italy makes a considerable contribution and is potentially the fastest-growing market in the region. The European market will maintain its strength during the evaluation period due to a boom in product advancements and new launches by big companies.

Global Cycling Gloves Market 2023–2032 (By Application)

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Competitive Landscape

Due to the market’s extreme fragmentation, regional competitors may harm the operations of major firms by offering cycling gloves at lower prices. In this highly competitive sector, manufacturers are competing for customers by creating gloves with distinctive designs and colors. They are also competing on pricing.

The competitive landscape of the Cycling Gloves industry gives information about the competitors. The company’s financials, revenue generated, market potential, investment in R&D, global presence, new market initiatives, production capacities, production sites and facilities, company strengths and weaknesses, product release, product width and breadth, and application dominance are among the details that are included. The data points mentioned above only pertain to the companies’ market focus on Cycling Gloves.

  • 2022: Prologo updates its line of gloves with proprietary technology. Prologo’s Energrip series comprises three models ranging from short-finger mitts to winter gloves, which are created to maximize comfort using vibration-absorbing technology while giving ideal air conditioning and maximum grip.

Global Cycling Gloves Market 2023–2032 (By Distribution Channel)

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List of the prominent players in the global Cycling Gloves market:

  • SIXSIXONE
  • HIRZL
  • Revo Moto
  • AML UNITED LIMITED
  • GIRO
  • Trek Bikes
  • Roeckl Sports
  • Spakct
  • Others

The global Cycling Gloves market is segmented as follows:

By Type

  • Full Finger Cycling Gloves
  • Mitts (Short Finger or Fingerless)

By Application

  • Sports/Adventure
  • Daily Transportation

By Distribution Channel

  • Online
  • Offline

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Cycling Gloves Market, (2023 – 2032) (USD Million)
    • 2.2 Global Cycling Gloves Market : snapshot
  • Chapter 3. Global Cycling Gloves Market – Industry Analysis
    • 3.1 Cycling Gloves Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing trend in bicycle tourism
      • 3.2.2 People are beginning to use bicycles for recreational and health maintenance purposes
      • 3.2.3 Increased as a piece of safety gear for inexperienced riders.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Application
      • 3.7.3 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Cycling Gloves Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Cycling Gloves Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Cycling Gloves Market – Type Analysis
    • 5.1 Global Cycling Gloves Market overview: By Type
      • 5.1.1 Global Cycling Gloves Market share, By Type, 2022 and 2032
    • 5.2 Full Finger Cycling Gloves
      • 5.2.1 Global Cycling Gloves Market by Full Finger Cycling Gloves, 2023 – 2032 (USD Million)
    • 5.3 Mitts (Short Finger or Fingerless)
      • 5.3.1 Global Cycling Gloves Market by Mitts (Short Finger or Fingerless), 2023 – 2032 (USD Million)
  • Chapter 6. Global Cycling Gloves Market – Application Analysis
    • 6.1 Global Cycling Gloves Market overview: By Application
      • 6.1.1 Global Cycling Gloves Market share, By Application, 2022 and 2032
    • 6.2 Sports/Adventure
      • 6.2.1 Global Cycling Gloves Market by Sports/Adventure, 2023 – 2032 (USD Million)
    • 6.3 Daily Transportation
      • 6.3.1 Global Cycling Gloves Market by Daily Transportation, 2023 – 2032 (USD Million)
  • Chapter 7. Global Cycling Gloves Market – Distribution Channel Analysis
    • 7.1 Global Cycling Gloves Market overview: By Distribution Channel
      • 7.1.1 Global Cycling Gloves Market share, By Distribution Channel, 2022 and 2032
    • 7.2 Online
      • 7.2.1 Global Cycling Gloves Market by Online, 2023 – 2032 (USD Million)
    • 7.3 Offline
      • 7.3.1 Global Cycling Gloves Market by Offline, 2023 – 2032 (USD Million)
  • Chapter 8. Cycling Glove Market – Regional Analysis
    • 8.1 Global Cycling Glove Market Regional Overview
    • 8.2 Global Cycling Glove Market Share, by Region, 2022 & 2032 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Cycling Glove Market, 2023 – 2032 (USD Million)
        • 8.3.1.1 North America Cycling Glove Market, by Country, 2023 – 2032 (USD Million)
    • 8.4 North America Cycling Glove Market, by Type, 2023 – 2032
      • 8.4.1 North America Cycling Glove Market, by Type, 2023 – 2032 (USD Million)
    • 8.5 North America Cycling Glove Market, by Application, 2023 – 2032
      • 8.5.1 North America Cycling Glove Market, by Application, 2023 – 2032 (USD Million)
    • 8.6 North America Cycling Glove Market, by Distribution Channel, 2023 – 2032
      • 8.6.1 North America Cycling Glove Market, by Distribution Channel, 2023 – 2032 (USD Million)
    • 8.7. Europe
      • 8.7.1 Europe Cycling Glove Market, 2023 – 2032 (USD Million)
        • 8.7.1.1 Europe Cycling Glove Market, by Country, 2023 – 2032 (USD Million)
    • 8.8 Europe Cycling Glove Market, by Type, 2023 – 2032
      • 8.8.1 Europe Cycling Glove Market, by Type, 2023 – 2032 (USD Million)
    • 8.9 Europe Cycling Glove Market, by Application, 2023 – 2032
      • 8.9.1 Europe Cycling Glove Market, by Application, 2023 – 2032 (USD Million)
    • 8.10 Europe Cycling Glove Market, by Distribution Channel, 2023 – 2032
      • 8.10.1 Europe Cycling Glove Market, by Distribution Channel, 2023 – 2032 (USD Million)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Cycling Glove Market, 2023 – 2032 (USD Million)
        • 8.11.1.1 Asia Pacific Cycling Glove Market, by Country, 2023 – 2032 (USD Million)
    • 8.12 Asia Pacific Cycling Glove Market, by Type, 2023 – 2032
      • 8.12.1 Asia Pacific Cycling Glove Market, by Type, 2023 – 2032 (USD Million)
    • 8.13 Asia Pacific Cycling Glove Market, by Application, 2023 – 2032
      • 8.13.1 Asia Pacific Cycling Glove Market, by Application, 2023 – 2032 (USD Million)
    • 8.14 Asia Pacific Cycling Glove Market, by Distribution Channel, 2023 – 2032
      • 8.14.1 Asia Pacific Cycling Glove Market, by Distribution Channel, 2023 – 2032 (USD Million)
    • 8.15. Latin America
      • 8.15.1 Latin America Cycling Glove Market, 2023 – 2032 (USD Million)
        • 8.15.1.1 Latin America Cycling Glove Market, by Country, 2023 – 2032 (USD Million)
    • 8.16 Latin America Cycling Glove Market, by Type, 2023 – 2032
      • 8.16.1 Latin America Cycling Glove Market, by Type, 2023 – 2032 (USD Million)
    • 8.17 Latin America Cycling Glove Market, by Application, 2023 – 2032
      • 8.17.1 Latin America Cycling Glove Market, by Application, 2023 – 2032 (USD Million)
    • 8.18 Latin America Cycling Glove Market, by Distribution Channel, 2023 – 2032
      • 8.18.1 Latin America Cycling Glove Market, by Distribution Channel, 2023 – 2032 (USD Million)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Cycling Glove Market, 2023 – 2032 (USD Million)
        • 8.19.1.1 The Middle-East and Africa Cycling Glove Market, by Country, 2023 – 2032 (USD Million)
    • 8.20 The Middle-East and Africa Cycling Glove Market, by Type, 2023 – 2032
      • 8.20.1 The Middle-East and Africa Cycling Glove Market, by Type, 2023 – 2032 (USD Million)
    • 8.21 The Middle-East and Africa Cycling Glove Market, by Application, 2023 – 2032
      • 8.21.1 The Middle-East and Africa Cycling Glove Market, by Application, 2023 – 2032 (USD Million)
    • 8.22 The Middle-East and Africa Cycling Glove Market, by Distribution Channel, 2023 – 2032
      • 8.22.1 The Middle-East and Africa Cycling Glove Market, by Distribution Channel, 2023 – 2032 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 SIXSIXONE
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 HIRZL
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Revo Moto
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 AML UNITED LIMITED
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 GIRO
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Trek Bikes
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Roeckl Sports
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Spakct
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Others
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
List Of Figures

Figures No 1 to 22

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • SIXSIXONE
  • HIRZL
  • Revo Moto
  • AML UNITED LIMITED
  • GIRO
  • Trek Bikes
  • Roeckl Sports
  • Spakct
  • Others

FAQs

“Europe” region will lead the global Cycling Gloves market during the forecast period 2023 to 2032.

The key factors driving the market are growing trend in bicycle tourism, people are beginning to use bicycles for recreational and health maintenance purposes and increased as a piece of safety gear for inexperienced riders.

The key players operating in the Cycling Gloves market are SIXSIXONE, HIRZL, Revo Moto, AML UNITED LIMITED, GIRO, Trek Bikes, Roeckl Sports, Spakct, Others.

The global Cycling Gloves market is expanding growth with a CAGR of approximately 5% during the forecast period (2023 to 2032).

The global Cycling Gloves market size was valued at USD 650 Million in 2022 and it is projected to reach around USD 1200 Million by 2032.

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