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Global Racing Apparel Market 2019-2023

Global Racing Apparel Market 2019-2023

About this market

Motocross and auto racing, which include motorbike and car racing, are gaining popularity across the globe. These motocross and auto racing sports have attracted many participants and fan base across the globe. This is further supported by the growing formation of associations and improved and dedicated infrastructure for racing sports events. The high popularity of these events has consecutively fueled the demand for racing gears such as racing apparel. Motocross and auto racing sports are high-intensity, fast-paced, and life-risking sports that make it mandatory for participants to adopt specific gears such as racing apparel. The participants of the racing sports are supposed to wear specific and standard apparel, such as racing suits, racing jackets, trousers, and undergarments, to keep themselves safe from any injury that may happen due to accidents during the event. Therefore, growth in popularity of racing sports events will consecutively fuel the demand for racing apparel. Technavio’s analysts have predicted that the racing apparel market will register a CAGR of 6% by 2023.

Market Overview

Product innovation and portfolio extension leading to product premiumization

Progressive innovation and advances in terms of design and technology have changed the demand and preferences of customers, which, in turn, has fueled the demand for innovative products. Changing consumer demands have compelled vendors to continually engage in product R&D to sustain in the competitive market environment.

Intense competition among vendors leading to price war

The global racing apparel is fragmented with the presence of various international, regional, and local/domestic vendors. Global vendors invest heavily in R&D to come up with a wide range of advanced protective racing apparel. A price war can impact the vendors' profit margin strategy. Global players reduce their product price when competing with regional and local players. Thus, the market's value growth is impacted by the reduced average selling price of the products.

For the detailed list of factors that will drive and challenge the growth of the racing apparel market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global apparel, accessories, and luxury goods market
      • Table Segments of global apparel, accessories, and luxury goods market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Household and NPISHs final consumption expenditure per capita 2011-2016 (constant 2010 $)
      • Table Household disposable income per capita 2011-2016 ($)
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by distribution channel
    • Table Distribution channel - Market share 2018-2023 (%)
    • Comparison by distribution channel
      • Table Comparison by distribution channel
    • Offline - Market size and forecast 2018-2023
      • Table Offline - Market size and forecast 2018-2023 ($ millions)
      • Table Offline - Year-over-year growth 2019-2023 (%)
    • Online - Market size and forecast 2018-2023
      • Table Online - Market size and forecast 2018-2023 ($ millions)
      • Table Online - Year-over-year growth 2019-2023 (%)
    • Market opportunity by distribution channel
      • Table Market opportunity by distribution channel
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table Population aged between 15 years and 64 years in India, Singapore, and Australia 2012-2017
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Racing tracks constructed in the past five years in APAC
    • MEA - Market size and forecast 2018-2023
      • Table International race tracks in the Middle East
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Different FIA standards for different types of apparel and the build of product
      • Table Impact of drivers and challenges
  • Market trends
    • Introduction of smart products
    • Increased participation of women in racing sports
    • Introduction of lightweight products
    • Other trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ADIDAS AG
      • Table ADIDAS AG - Vendor overview
      • Table ADIDAS AG - Product segments
      • Table ADIDAS AG - Organizational developments
      • Table ADIDAS AG - Geographic focus
      • Table ADIDAS AG - Segment focus
      • Table ADIDAS AG - Key offerings
    • Alpinestars S.p.A
      • Table Alpinestars S.p.A - Vendor overview
      • Table Alpinestars S.p.A - Product segments
      • Table Alpinestars S.p.A - Key offerings
    • Dainese S.p.A
      • Table Dainese S.p.A - Vendor overview
      • Table Dainese S.p.A - Product segments
      • Table Dainese S.p.A - Key offerings
    • Fox Head, Inc.
      • Table Fox Head, Inc. - Vendor overview
      • Table Fox Head, Inc. - Product segments
      • Table Fox Head, Inc. - Key offerings
    • PUMA SE
      • Table PUMA SE - Vendor overview
      • Table PUMA SE - Product segments
      • Table PUMA SE - Organizational developments
      • Table PUMA SE - Geographic focus
      • Table PUMA SE - Segment focus
      • Table PUMA SE - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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