Global Driving Clothing Market Overview:
Driving clothing refers to jackets, trousers, suits and other types of clothing items used while driving. The increasing number of road accidents and increasing awareness about the benefits of driving clothing booming the demand for driving clothing. For instance, according to the Association for Safe International Road Travel (ASIRT) over 1.25 million people die in road crashes each year. Moreover, in the United States, nearly 37,000 people die and 2.35 million are injured or disabled in road crashes. In addition, growing online demand and development of lightweight driving clothing expected to drive the demand for driving clothing market over the forecasted period According to AMA, the Global Driving Clothing market is expected to see growth rate of 4.8%
- Growing Popularity of Motorsports
- Rising Government Initiatives for Road Safety
- Increasing Awareness about Driving Clothing Owing to Rise in Number of Road Accidents
- Emphasizing On Development of Lightweight Driving Clothing
- Rise in Demand for Driving Clothing among two Wheeler Users
- High Cost associated with Driving Clothing
- Growth in Online Channel for Driving Clothing
- Rising Demand from the Developing Economies
- Increasing Dominance of Local Manufacturers
Some of the key players profiled in the report are PUMA SE (Germany), Adidas AG (Germany), OMP Racing S.P.A. (Italy), Kido Sport (South Korea), HJC America, Inc. (United States), Shoei Safety Helmet Corp. (United States), Zhejiang Jixiang Co Ltd. (China), Nike (United States), Dainese S.p.A. (Italy), Alpinestars S.p.A. (Italy) and Fox Head, Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Scott Sports SA (Switzerland), ThorMX (United States) and Scoyco (China). Analyst at AdvanceMarketAnalytics see United States Vendors to retain maximum share of Global Driving Clothing market by 2024. Considering Market by Material , the sub-segment i.e. Leather will boost the Driving Clothing market. Considering Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the Driving Clothing market. Considering Market by Vehicle Type, the sub-segment i.e. Two-Wheeler will boost the Driving Clothing market. Considering Market by End-user, the sub-segment i.e. Men will boost the Driving Clothing market.
“According to National Safety Council, Helmets appropriate for bicycling should be worn by everyone adults and children on every bike ride regardless of the length of the ride. In addition, according to the National Highway Traffic Safety Administration, bright clothing during the day, and reflective materials at night should be worn during a ride.”
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Driving Clothing market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Driving Clothing market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Driving Clothing, Retailers, Distributors, and Wholesalers of Driving Clothing, Governmental Bodies, Market Research Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.