The global market for driving apparel currently stands at a value of US $ 15.2 billion as of 2023, and it is anticipated to surge to US $ 30 billion by the close of 2033, with a remarkable compound annual growth rate (CAGR) of 7.1 per cent.
The data was recently released by Fact.MR – a US-based market research and consulting firm. The data further signals towards driving apparel segment’s range of items such as gloves, headgear, pants, shields and various safety accessories that are requisites to safeguard riders in the event of accidents.
According to the report, the realm of driving apparel is a highly dynamic and swiftly evolving sector within the broader automotive industry. Beyond its fundamental safety attributes, driving apparel has evolved into a fashion statement, seamlessly blending safety, style, and performance.
“With the automotive landscape embracing new technologies and designs, the demand for driving apparel has seen a substantial upswing,” states the report.
Online retail has become a significant channel for selling driving apparel. This trend is expected to grow, offering a broader customer base for manufacturers are equipped to develop cutting-edge driving gear that provides enhanced protection and comfort.