Two Wheeler Accessories Aftermarket to Rise on Increasing Motorcycle Sales, Creating US$ 38.8 Bn Incremental Opportunity through 2031: FMI

DUBAI, UAE, Nov. 23, 2021 /PRNewswire/ — As per an exhaustive study by FMI, the global two wheeler accessories aftermarket is poised to total US$ 17.1 Bn in 2021. A growing number of motorbike riding enthusiasts and rising concerns regarding road safety are expected to fuel the demand for two-wheeler accessories. Driven by this, the market is expected to surpass US$ 38.8 Bn, expanding at a robust CAGR of 8.6% during the forecast period between 2021 and 2031.

The primary factor fuelling the demand for two-wheeler accessories is the increasing sales for motorcycles worldwide. According to the China Association of Automobile Manufacturers, around 1,659,000 units of motorcycles were sold across China in the month of September 2019 alone. In addition to this, rising focus on improving aesthetics, performance, comfort, and safety of motorcycles amongst riders is expected to spur the sales of two-wheeler accessories.

Implementation of stringent regulations to increase the safety of motorcyclists such as mandating the use of protective gears such as helmets in the U.S., China, India, and other countries is facilitating the growth in the market. Increasing number of motorsports events and leisure activities such as bike stunts, racing, and off-road activities is expected to propel the demand for two-wheelers as well as aftermarket accessories.

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Based on product type, the protective gear segment is estimated to hold the lion’s share in the market, accounting for sales of nearly US$ 7 Bn through 2031. Poor road conditions across certain countries and increasing road accidents are favoring the growth in the market.

“Introduction of advanced accessories with higher durability and increasing availability of two-wheeler accessories on e-commerce platforms is expected to drive the sales in the market over the coming years,” says a FMI analyst.

Key Takeaways from Two Wheeler Accessories Aftermarket Study

  • China is estimated to account for the dominant share in the East Asia market, exhibiting sales growth at an impressive CAGR of 9.6% during the assessment period.
  • India is projected to hold the largest share in the South Asia & Pacific market, accounting for more than 50% of the sales in the region through 2031.
  • The market in Germany is forecast to register the fastest growth in Europe, expanding at a robust CAGR of 8.3% between 2021 and 2031.
  • Japan is expected to emerge as a highly remunerative market, creating an absolute dollar opportunity of US$ 1.3 Bn over the forecast period.
  • On the basis of sales channels, the independent outlet segment is anticipated to account for a significant share, surging at a CAGR of 8.6% from 2021 to 2031.

Key Drivers

  • Increasing sales of standard motorcycles across India, Pakistan, Indonesia, owing to their affordability, comfortable seating, and easily accessible foot controls are propelling the demand for two-wheeler accessories.
  • Rising trend of bike riding and use of motorcycles for recreational and leisure purposes across North America and European countries is expected to drive the growth of the
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7 have to-have snowboard accessories | KRON4

Which need to-have snowboard accent is most effective? 

While winter brings cold weather conditions and snowfall, it also indicates snowboarding period is on the horizon.

Snowboarding is an exhilarating winter activity and a pleasurable team action. However, just before you round up your close friends and strike the slopes this winter, it is a good idea to be nicely-equipped and effectively-secured in opposition to the things. Whether or not you are skilled or a newbie, a lot of equipment can enrich your snowboarding encounter. 

Finest snowboard accessories 

Protective gear

Ahead of you think about nearly anything else, you want to assure that you’re well-protected in opposition to conditions like substantial winds and moisture from snow or rain.

Earbuds

Wi-fi earbuds can greatly enhance your snowboarding working experience as you can pay attention to your beloved tunes on the go. Most wi-fi headphones also permit for palms-absolutely free cellphone contacting and access to preferred voice assistants like Siri.

Smartwatch

A smartwatch can deliver exercise metrics you can use to improve your overall performance, and they allow for a practical way to maintain keep track of of time and overall health metrics these types of as coronary heart fee. Also, lots of sporting activities watches occur preloaded with maps from ski resorts all over the world, so you can test out the overlay and issues of many slopes and map out your trajectory.

Bags

You can get by without a bag for your snowboard or boots, but they are practical and make traveling with your equipment much a lot more manageable. Also, they assistance prevent messy cases caused by wet equipment.

Greatest headgear

Leading headgear

Giro Adult Verge Zoom Snow Goggles

What you will need to know: These snow goggles permit snowboarders to preserve their eyesight at overall potential, even on the sunniest and windiest times.

What you will really like: These goggles offer you outstanding general performance on the slopes thanks to the impressive Growth Perspective engineering and thermoformed lenses that permit for a broader look at and avoid fogging. They also aspect plush, tailored confront foam for a cozy fit.

What you ought to take into account: Some consumers claimed that the foam lining is not sturdy.

Where to purchase: Bought by Dick’s Sporting Items

Major headgear for the income

Mountain Made Balaclava

Mountain Built Balaclava

What you want to know: This balaclava provides best protection from the factors without the need of restricting your vision or adaptability as you snowboard.

What you will really like: It’ll preserve your head heat when snowboarding without the need of creating excessive sweating since it’s manufactured with breathable fabrics that properly wick away sweat and moisture. It presents superb wind security and a super-soft and relaxed in good shape.

What you really should look at: It is expensive for a balaclava, and some prospects report sore ears following wearing them for prolonged intervals thanks to tension.

Where to purchase: Offered by Amazon

Greatest earbuds

Leading earbuds

Bose QuietComfort Noise Cancelling Earbuds

Bose QuietComfort Sound-Cancelling Earbuds

What you want to know: Bose

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Apparel and shoes and accessories, oh my!

The holiday gift giving season is right around the corner and Golfweek has found some of the best items in golf fashion to help. Whether it’s for you or someone else in your life, these items are sure to spread much needed holiday cheer. Below is a list of a wide variety of items that can appeal to many different tastes, preferences and handicaps.

We occasionally recommend interesting products, services, and gaming opportunities. If you make a purchase by clicking one of the links, we may earn an affiliate fee. Golfweek operates independently, though, and this doesn’t influence our coverage.

Adidas Codechaos 21 Primeblue Spikeless Golf Shoes for men and women

Adidas Codechaos 21 Primeblue Spikeless Golf Shoes- $150. (Adidas)

Adidas has released a new golf shoe, the Codechaos 21 Primeblue Spikeless, in four different colors. Adidas’ Primeblue is a high-performance recycled material made in part with Parley Ocean Plastic. This sustainable shoe features a waterproof knit mesh upper with a supportive and comfortable lightweight look and feel. Full-length boost foam provides extra cushioning while the spikeless Adiwear outsole with twist grip offers tour-level traction and stability. (Available in both men and women’s style at Adidas.com)

Breaking T “Strait Whooped ‘Em” t-shirt

Breaking T “Strait Whooped ‘Em” t-shirt- $30. (Breaking T)

The United States’ Ryder Cup victory in Wisconsin was a long time in coming, so let someone special savor the win with this sort t-shirt. Also available in a hoodie, women’s V-neck and youth sizing. (From $30 at breakingt.com)

Chervò Uchainball Cross-Body Bag

Chervò Uchainball Cross-Body Bag- $154. (Chervò)

Chervò Uchainball Cross-Body Bag is a great accent piece to any outfit. The bag can be carried over the shoulder or as a cross body style. This style also works as a shoe bag! The three-dimensional “golf ball” texture is one of a kind. The cross-body bag features a zipper opening, internal divider with a pocket and a removable strap. (From $154 at chervousa.com)

Duca Del Cosma Belleza shoe

Duca Del Cosma Belleza shoe -$229. (Bellezza)

Duca Del Cosma has released 25 new variations of both men and women’s golf shoes. The women’s Bellezza style shoe is made from soft Italian leather and is a spin on the classic golf shoe. It comes with a white killtie over the laces, while the midsole remains elevated to give the shoe a more modern look. (From $229 at ducadelcosma.us)

FootJoy StaSof Winter Pair Gloves

Footjoy StaSof Winter Pair- $50. (Footjoy)

The perfect gift for the golf lover who does not stop playing when the temperatures drop, these gloves, which are sold in pairs, feature a leather palm, forefinger and thumb for feel, along with fleece on the top of the hand and fingers for warmth. (From $50 at footjoy.com)

Jofit Duo Jacket

Jofit Duo jacket apart of their new Blanco collection- $186. (Jofit)

Jofit has also introduced its unique Duo jacket, which transforms into a vest with the help of magnetic sleeves. This quilted jacket

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Moncler Associates With Fortnite on In-Sport Outfits, Extras and Additional

Next its latest collaboration with Balenciaga, Fortnite has returned with an all-new, vogue-punched partnership with French luxurious label Moncler.

“Given Moncler’s roots in tradition, perseverance to collaborations through the Moncler Genius software, and the modern 6 MONCLER 1017 ALYX 9SM collection’s theme of light-weight and dim, we felt there was a ton to function with in between equally manufacturers,” Emily Levy, Senior Supervisor of Partnerships at Epic Games, explained to HYPEBEAST.

Dubbed the “Moncler Basic Set,” the catalog incorporates the Andre and Renee outfits, both of which are motivated by the aforementioned 6 Moncler 1017 Alyx 9SM selection crafted by visionary Matthew Williams. In the video game, as players are ascending the mountain around Catty Corner, setting up a tower or elevating in quite a few diverse approaches, a new reactive foundation design permits each and every Moncler outfit to transition from mild to dim as a player’s altitude receives higher. In convert, a player’s outfit will transition back again from dark to mild as their altitude decreases.

“Our staff at Epic worked pretty intently with Moncler and Matthew Williams to convey these in-activity designs to lifestyle,” Levy explained. “The improved total of independence in a digital room like Fortnite delivered us the prospect to be hugely resourceful, which resulted in new reactive kinds for these Outfits that remodel from light to darkish as gamers change altitude within the activity.”

Elsewhere in the collaboration, Fortnite has extra numerous new components encouraged by Williams’ Moncler style codes, which include an Umbra-Tube Back again Bling, Umbra-Axe Pickaxe and a Para-Pluie Glider. Additionally, the partnership welcomes an all-new loading screen, titled the “Summit Loading Screen,” which pays homage to the French imprint’s heritage in the mountains.

Fortnite’s Moncler collaboration marks the Epic Game titles title’s most up-to-date foray into vogue — in September, the platform joined forces with Balenciaga to construct a sequence of in-game outfits and a minimal-operate of bodily attire impressed by the style house’s far-reaching archives.

“Fashion is an significant cultural element that requirements to be element of the Fortnite ecosystem we are making, just like music, sports activities or leisure,” Levy claimed. “While you may not consider it, the player expertise in Fortnite really revolves all around vogue, in that all of our in-match Outfits and extras guidance participant fantasy, company, and self-expression in a social environment.”

Fortnite’s Moncler outfits, equipment and loading monitor will become obtainable in the merchandise store on November 20 at 7 p.m. ET.

Somewhere else in gaming, Back 4 Blood‘s developer has ultimately acknowledged that the video game is way too difficult.

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USD 13.81 Bn growth in Yoga Clothing Market | adidas AG, Amer Sports Corp., and ASICS Corp. identified as dominant players

Key Market Dynamics:

  • Market Driver
  • Market Challenges

The growing number of yoga practitioners and innovations in yoga apparel leading to product premiumization are some of the key market drivers. However, factors such as unpredictable raw material prices will challenge market growth.

Buy our full report for detailed insights on key drivers, trends, and challenges.
Download Our Free Sample Before Purchasing

The yoga clothing market report is segmented by Product (Bottom wear, Top wear, and Accessories), End-user (Women and Men), and Geography (North America, Europe, APAC, South America, and MEA). North America will be the leading region with 30% of the market’s growth during the forecast period. The US is the key market for yoga clothing in North America.

View our Free Sample Report for additional highlights on the top revenue-generating segments, regions, and key countries in the yoga clothing market.

Some Companies Mentioned:

  • adidas AG
  • Amer Sports Corp.
  • ASICS Corp.
  • Hanesbrands Inc.
  • lululemon athletica Inc.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Related Reports:

Global Yoga Accessories Market – Globalyoga accessories market is segmented by product (yoga mats, yoga straps, yoga blocks, and others), distribution channel (offline and online), and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Global Yoga Mat Market – Global yoga mat market is segmented by distribution channel (offline and online) and geography (APAC, Europe, MEA, North America, and South America).
Download Exclusive Free Sample Report

Yoga Clothing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of almost 7%

Market growth 2021-2025

USD 13.81 billion

Market structure

Fragmented

YoY growth (%)

5.86

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 30%

Key consumer countries

US, China, Germany, UK, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

adidas AG, Amer Sports Corp., ASICS Corp., Hanesbrands Inc., lululemon athletica Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., Under Armour Inc., and VF Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

  • Executive Summary
  • Market Landscape
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation
  • Customer landscape
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies.

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