Riding Coats and Jackets Market Size, Share, Growth, and Industry Analysis, By Type (Genuine Leather, Synthetic Leather, Others), By Application (Road Riding, Off-road Riding), and Regional Forecast to 2033

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RIDING COATS AND JACKETS MARKET OVERVIEW

The Riding Coats and Jackets Market, valued at USD 0.16 Billion in 2024, is projected to reach USD 0.27 Billion by 2033, driven by a strong CAGR of 6%.

The demand of Riding Coats and Jackets is on the increase due to an increasing penchant for riding sports. This market comprises several jackets with different fabric materials and types of cover for leather and synthetic with roads and off-road riding. Some of the issues revealed in the report include trends such as the preferred use of sophisticated materials with the aim of enhancing safety as well as comfort. It also considers markets across each region indicating where demand is increasing at the highest rate. The strengths of this report are based on the analysis of sales and revenue patterns that could be helpful to businesses for understanding its current condition and decision making about its further steps towards advancement it its strategies and investments.

COVID-19 IMPACT

Riding Coats and Jackets Market Had a Negative Effect Due to Reduced Demand and Supply Chain Issues during COVID-19 Pandemic

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The coronavirus pandemic impacted the Riding Coats and Jackets market to a great extent. Social distancing measures and restrictions on mobility led to a sharp decline in demand, as tourism, outdoor events and sports were shut down. Production was constrained by factors such as delay in the supply of material, shortage of material among other factors. Increased economic insecurity made people reduce spending on things other than basic necessities, which also hampered the market’s revival even as people engaged more in outdoor activities.

LATEST TRENDS

Tech-Enhanced Gear Attracts Riders, Boosting Demand and Growth

One of the many trends that are positively impacting the Riding Coats and Jackets market is smart riding wear. Now, these jackets are designed with added items such as, GPS system and temperature regulation; thus making the ride safer and more comfortable as well. This innovation sees more rider with an interest in advanced features thus boosting market circulation. With advancement of technology there are many people who prefer such high tech solutions.

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RIDING COATS AND JACKETS MARKET SEGMENTATION

By Type

Based on Type, the global market can be categorized into Genuine Leather, Synthetic Leather and Others.

• Genuine Leather: Genuine leather riding coats and jackets are made from real animal hides. They are popular for their durability, comfort, and protection. Genuine leather is known for being tough and long-lasting, providing excellent protection in case of falls or accidents.

• Synthetic Leather: Synthetic leather is a man-made material designed to look and feel like real leather but is usually less expensive. It offers similar benefits to genuine leather, such as protection and comfort, but is often lighter and easier to maintain. It's a popular choice for those seeking affordable riding gear.

• Others: This category includes various other materials used in riding coats and jackets, such as textile fabrics, mesh, or hybrid materials. These options may offer different features like breathability, lightweight comfort, or additional flexibility, catering to specific riding needs or preferences.

By Application

Based on application, the global market can be categorized into Road Riding and Off-road Riding

• Road Riding: Riding coats and jackets designed for road riding are tailored for use on paved surfaces. They typically include features such as reinforced padding for safety, reflective materials for visibility, and ventilation for comfort. These jackets are built to handle the unique challenges of riding on roads, including potential impacts and varying weather conditions.

• Off-road Riding: Off-road riding jackets are made for rugged terrains and extreme conditions. They often come with additional protective features like reinforced areas and extra padding to handle rough and unpredictable environments. These jackets are designed to be more durable and flexible, providing better protection and comfort during off-road adventures.

MARKET DYNAMICS

Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.

Driving Factors

Technological Advancements: Enhanced Gear Technology Boosts Rider Safety and Comfort

Innovations in materials and design are significantly driving the Riding Coats and Jackets market. Modern gear incorporates advanced fabrics that offer enhanced durability, breathability, and protection. Features such as impact-resistant padding and smart technology improve rider safety and comfort. These advancements attract both professional and recreational riders looking for superior gear performance.

Increased Participation Drives Demand for Specialized Gear

The increase in cycling on roads and trails or enduro, TR, and other types of recreational activities contributes to the development of the market. Since the increasing number of people is participating in these styles of sports there is need for unique riding apparels. There is also more going for recreation and rise in safety consciousness among the enthusiasts of aerial activities on this trend. This is further boosted by the increase in riding sports to newer areas as well as the technological advancement of equipment.

Restraining Factor

High gear prices limit customer base, reducing overall sales opportunities

High costs are a major hurdle, as top-quality riding gear is often expensive. This makes it less affordable for many potential buyers, which can limit market growth. As prices remain high, only those who can afford premium products will make purchases, reducing overall sales and market expansion.

Opportunity

Expanding to new regions increases customer base and drives growth

Expanding into new, developing regions offers a big chance for growth. As interest in riding sports rises in these areas, there is an increasing demand for riding gear. Companies that enter these markets early can benefit from a growing customer base and higher sales.

Challenge

Supply chain issues delay production and increase costs, affecting sales

Supply chain problems can cause delays and increase costs. If materials and products are hard to get or late in delivery, it can hurt production and sales. Companies need to manage these issues carefully to keep operations smooth and meet customer expectations.

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RIDING COATS AND JACKETS MARKET REGIONAL INSIGHTS

• North America

The North American market for Riding Coats and Jackets, including the United States Riding Coats and Jackets market, is set for robust growth. High consumer interest in both road and off-road riding activities drives demand. The U.S. and Canada are leading this trend, with a growing appetite for technologically advanced and safety-enhanced gear.

• Europe

In Europe, the Riding Coats and Jackets market is experiencing steady growth, supported by diverse riding cultures across countries like Germany, France, and the U.K. The emphasis on high-quality, durable riding gear aligns with European safety standards, fueling demand. The market is also influenced by rising outdoor activity participation and innovations in riding apparel technology.

• Asia

The Asia-Pacific region shows significant potential for growth in the Riding Coats and Jackets market. Countries like China, Japan, and India are witnessing increased interest in riding sports, driving demand for both road and off-road gear. Expanding recreational activities and improvements in local manufacturing capabilities are contributing to a favorable market outlook.

KEY INDUSTRY PLAYERS

Leading brands innovate and enhance products to attract and retain customers

The best companies such as Klim, Kido Sport and Alpinestars are employing the strategies that entail innovation and quality. Through the use of hi tech production and research, they want to provide better safety as well as comfort to the users. Thus, the firms continue to enjoy healthy market stand and get customers from a large diverse population.

List of Top Riding Coats and Jackets Market Companies

• Klim (U.S.)
• Alpinestars (Italy)
• Kido Sport (South Korea)
• RS Taichi (Japan)
• HANIL (South Korea)
• Kushitani (Japan)
• HJC (South Korea)
• Chih-Tong (Taiwan)
• YOHE (China)
• Safety Helmets MFG (China)

KEY INDUSTRIAL DEVELOPMENT

April 2023, Klim, a manufacturer released riding jackets with new fabrics in order to offer better protection and comfort. The updates being offered to the bike involves greater emphasis on ventilation as well as the waterproof aspect with regard to riders who use the bike on the road or for off-roading purposes. The development targets increased protection and comfort of the rider, which proves the company’s efforts to innovate in the field of riding wear.

REPORT COVERAGE

This report provides a thorough analysis of the Riding Coats and Jackets market, including market size, growth projections, and segmentation by type and application. It covers regional insights, key industry players, and recent developments. Additionally, the report explores driving factors, challenges, and opportunities within the market, offering comprehensive insights for strategic planning.