Driving Apparel Market Set for Rapid Growth, To Reach CAGR of Over 5% by 2025

1. Driving Apparel Market Set for Rapid Growth, To Reach CAGR of Over 5% by 2025 Global Driving Apparel Industry by Material (Leather, Synthetic, Natural Fiber), By Product (Clothing, Footwear, Protection Gear), and By Vehicle Type (Two wheeler, Four wheeler) - Market Forecast and Size Analysis 2019-2025. Global Driving Apparel Industry was valued at USD 12.8 Billion in the year 2017. Global Driving Apparel Industry is further estimated to grow at a CAGR of 5% from 2019 to reach USD 18.63 Billion by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry in the forecasted period. At the country level, Germany is projected to grow strongly in the coming years due to increased investment by R&D. Major market players in Driving Apparel Industry are Alpinestars S.p.A, Dainese, Fox Head Inc., Scott Sports Sa, LeMans Corp, Puma Se, Adidas AG, Baoxiniao Holding Co. Ltd., Spartan ProGear Co., Solace Gears, and brief information about 10 companies will also be provided in the report. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years. Request Sample Copy of this Market Research Report @ https://www.alexareports.com/report- sample/9204 SWOT analysis of Driving Apparel Industry: Strength: Safety regulations imposed by authorities Popularity of motorsports players. For e.g. Formula One Weakness: Innovations making accessories costly Small scale manufacturers hindering the organized sector

2. Opportunities: Increasing the number of driving enthusiasts Surge in adoption of protection gear Threats: Intense competition among the producers Inquiry before Buying @ https://www.alexareports.com/send-an-enquiry/9204 The Global Driving Apparel Industry is segmented as –By Product, Material, Vehicle Type, and Region. The Product segment is divided into three segments – Clothing, footwear, and protection gear. Protection gear contributes to the highest Industry share as they are thicker and heavier than normal jackets with waterproof closures. The Material segment is divided into leather, synthetic, natural fiber. Leather segment has the highest share in the Industry as a result of growing inclination towards a healthy and active lifestyle. By Material • Leather • Synthetic • Natural Fiber By Product • Clothing • Footwear • Protection Gear By Vehicle Type • Two-wheeler • Four Wheeler Ask For Discount @https://www.alexareports.com/check-discount/9204 Objectives of Driving Apparel Industry:

3. -Providing demographics and data -Providing Driving Apparel instructions -Researching global Driving Apparel expansion drivers -Providing Scope and definition of the market -Recent Driving Apparel industry trends and developments -Changing Global Driving Apparel market dynamics in the industry About Us: Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Contact Us: Alexa Reports Ph no: +1-408-844-4624 / +91- 7030626939 Email: sales@alexareports.com Site: https://www.alexareports.com