Advancements in the manufacturing coupled with rising requirement from riders of the motocross vehicles have substantially propelled the demand in the global motocross gear market in the recent past. Recovery of global economy post the COVID-19 pandemic has created ample opportunities for the betterment and enhancement of products as well as increased uptake in the global motocross gear market. This trend can be attributed to increase in the outdoor sporting events such as motocross tournaments and championships.
The research report highlights a detailed account of the key industry dynamics that may influence the growth trajectory of the global motocross gear market during the forecast period of 2021 to 2031. It sheds light on the conditions in the industry during the assessment period of 2021 to 2031 to evaluate the positioning of the global motocross gear market. It also maps the performance of the industry during evaluation and historic years to derive information regarding the future performance of the global motocross gear market till 2031.
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Significant increase in outdoor sports activities, including motocross riding in the recent past has influenced the growth trajectory of the global motocross gear market. Along with the substantial rise in the adventure sports and motocross events, the awareness regarding safe riding practices has also incremented significantly. This trend is anticipated to promote safe riding practices and boost the demand in the global motocross gear market in coming years. Furthermore, in order to support the safe riding, many players and manufacturers in the global motocross gear market have been launching and promoting the usage of various safety equipment or gear such as boots, jerseys, and most importantly, helmets.
Increase in the demand for the several protective equipment such as armoured biking shorts as well as protective apparels and helmets have stimulated high sales opportunities in the global motocross gear market. Various events, initiatives, and campaigns aimed at promoting the safety while riding bikes are also bolstering the upward trajectory of the global motocross gear market in coming years. Moreover, rise in the expenditure by various governmental organizations as well as certain individuals on precautionary as well as safety measures prescribed for motocross riding have also resulted in successfully raising the value of the global motocross gear market.
Some of the leading players as well as manufacturers operating within the global motocross gear market include Scott Sports, Fox Racing, AGV Sports America LLC, Joe Rocket Jackets, Dainese, Aero Stitch, Answer Racing, FLY Racing Jackets, Ride Icon, and Shit MX, among others. Many players and manufacturers in the global motocross gear market are engaged in research and development and new product launches in order to diversify their product offerings in a bid to attract a larger consumer base. For example, in 2021, Fly Racing Jackets launched an entire new suite of products including LITE performance gear integrated with BOA system as well as a new formula CC equipped with adaptive impact system or AIS, among others. Furthermore, in the recent past, Aero Stitch has also launched a new range of products including Aero Stitch FixnZip as well as Aero Stitch Helmet and Suit holder, among others.
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With the United States emerging as the leading consumer country in the global motocross gear market, the North America region is anticipated to dominate the industry over the forecast period. Key factors motivating high sales in global motocross gear market in North America include advancements in manufacturing hubs as well as rise in the number of motorcycle riders in the region. Furthermore, AMA or American Motorcyclist Association has initiated a new special training program aimed at motocross riders in the recent past. Initiatives such as these are also anticipated to fuel the demand in the North America motocross gear market during the forecast period.
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