Global Market for Motorcycle Riding Gloves Projected to Surpass a Market Valuation of US$ 104 Mn by 2022-End

Dublin 2, Ireland, 2018-Feb-05 — /EPR Network/ — Motorcycle riding gloves are an integral part of biking. Besides its style statement, motorcycle riding gloves are also functional since they protect the motorcycle rider from injuries in case they meet with an accident and also help to grip the handle of the bike in a better manner.  The report, compiled by Fact.MR, provides in-depth analysis of the global motorcycle riding gloves market for the forecast period 2017-2022, and offers key insights about future market direction.

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The next section offers an overview of the motorcycle riding gloves market. This comprises an introduction to the market, along with a standard definition of the product – motorcycle riding gloves. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

In order to offer readers with up-to-date information about the latest advancements in the global motorcycle riding gloves market, the report provides updates about market opportunities, which can benefit leading manufacturers of motorcycle riding gloves. With continuous evolution of the sports industry, keeping a record of latest developments and trends is fundamental for motorcycle riding gloves manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.

4 Forecast Highlights on Global Motorcycle Riding Gloves Market

1.      As per the forecast of Fact.MR, the negative cut goalkeeper gloves segment is slated to touch a value of nearly US$ 23 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The negative cut goalkeeper gloves segment is estimated to account for more than one-fifth of the revenue share of the glove type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.

2.      As per the forecast of Fact.MR, the franchised sports outlet segment will reach a value of nearly US$ 16 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The franchised sports outlet segment is estimated to account for nearly one-fifth of the revenue share of the sales channel segment in the year 2017 end and is expected to gain market share by the end of the year 2022.

3.      As per the forecast of Fact.MR, the individual buyer type segment is slated to reach a value of nearly US$ 56 Mn in 2022. The individual buyer type segment is expected to gain some market value by the end of the year 2022. The largest share is contributed by the APEJ region in the individual buyer type segment.

4.      Fact.MR forecasts the China motorcycle riding gloves market to grow from US$ 4.6 Mn in 2017 to US$ 5.5 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.3% from 2017 to 2022.

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APEJ Market Set to Dominate the Global Motorcycle riding gloves Market in Terms of Revenue

The market in APEJ is set to dominate the global motorcycle riding gloves market in terms of value and this trend is projected to sustain itself throughout the assessment period. APEJ motorcycle riding gloves market is the most attractive market, growing at a sluggish CAGR over the assessment period.

Roll Finger Goalkeeper Gloves Segment Poised to Touch a Value of Nearly US$ 28 Mn in 2022

As per the forecast of Fact.MR, the roll finger goalkeeper gloves segment is expected to reach a value of nearly US$ 28 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. Roll finger goalkeeper gloves segment is expected to account for more than one-fourth of the revenue share of the glove type segment by the year 2017 and is expected to gain market share by the end of the year 2022.

Independent Sports Outlet Segment to exhibit a CAGR of 1.9% During the Assessment Period

As per the forecast of Fact.MR, the independent sports outlet segment is slated to touch a figure of US$ 10 Mn in the year 2022. This represents a CAGR of 1.9% during the assessment period from 2017 till the year 2022. This segment is expected to lose market share by the end of the year 2022. The independent sports outlet segment is expected to account for one-tenth of the revenue share of the sales channel segment by the year 2017.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global motorcycle riding gloves market through 2022, which include Adidas AG, PUMA SE, Dainese S.p.A, Gerbing’s Heated Clothing Inc., HB Performance Systems, Inc., Stauffer Manufacturing Company, Olympia Gloves, Held GmbH and Frank Thomas Holdings Limited.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized  Sports market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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