Driving Clothing Market

Driving Clothing Market That will Make Journey Better and Safe
According to a new market report published by Transparency Market Research titled “Driving
Clothing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast,
2018 – 2026,” the global driving clothing market is expected to reach a value of US$ 7,698.5 Mn
by 2026. The market is estimated to expand at a CAGR of 6.3% during the forecast period from
2018 to 2026. In terms of volume, the market stood at around 22,855 thousand units in 2017.
Europe dominated the driving clothing market in terms of value in 2017, acquiring
approximately 33% of market share.
The driving clothing market is influenced by the increasing popularity of motorsports. Advent of
new and highly entertaining race sporting events such as Formula One, Indy Car racing,
NASCAR racing, FIA World Endurance Championship, Motorcycle Grand Prix, Super Bike
Racing, Dirt Bike racing championships etc. has become popular among the population globally.
This has resulted in increased demand for driving clothing. Additionally, heightened personal
awareness about safety due to increased road accidents has also resulted in creating more
demand for driving clothing. Furthermore, stringent safety regulations globally has resulted in
boosting demand for driving clothing.
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Based on product type, the jackets segment dominated the market in 2017 and was valued at US$
1,956.9 Mn at a CAGR of 6.8% due to its widespread application across the globe. Based on
material type, synthetic materials acquired major market since they are lightweight and
affordable. Synthetics materials are preferred in professional racing because of added features
such as heat resistance and abrasion resistance. Additionally, companies manufacture synthetic
clothing based on requirements such as ventilation for sufficient air flow inside the body.
According to end-user, men’s segment acquired major market share of approximately 69% in
2017 due to more male participation in driving vehicles compared to female riders. According to
vehicle type, the two-wheeler segment dominates the market due to presence of more twowheelers compared to four wheelers. Moreover, safety concerns are more in two-wheelers, thus
creating more demand for driving clothing from two-wheeler users. According to distribution
channel, the online channel is anticipated to grow at a faster rate of approximately 6.7% due to
availability of wide product portfolios at a reasonable rate. Additionally, manufacturers are
coming up with their company owned websites, thereby providing more genuine products.
Some of the key players in the driving clothing market include PUMA SE, Adidas AG, Under
Armor Inc., Alpinestars S.p.A., Dainese S.p.A., Fox Head, Inc., Scott Sports SA, ThorMX, OMP
Racing S.P.A., 3D Industries etc. The key players adopt numerous strategies to sustain in the
market. Product development and acquisition and partnership are some of the main strategies
adopted by key players to gain a competitive edge.

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