| Product Code: ETC8038742 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Lithuania cycling apparel import market in 2024 saw a decline in growth, with a negative CAGR of -19.79% from 2020 to 2024. The top exporting countries to Lithuania were Poland, Latvia, Italy, Germany, and Turkey, indicating a diverse range of sources for cycling apparel. Despite a significant drop in growth rate from 2023 to 2024 (-30.19%), the market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a moderate level. This suggests that there is still room for competition and potential opportunities for further market expansion in the cycling apparel sector in Lithuania.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Cycling Apparel Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Cycling Apparel Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Cycling Apparel Market - Industry Life Cycle |
3.4 Lithuania Cycling Apparel Market - Porter's Five Forces |
3.5 Lithuania Cycling Apparel Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Lithuania Cycling Apparel Market Revenues & Volume Share, By Consumer Group, 2021 & 2031F |
3.7 Lithuania Cycling Apparel Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.8 Lithuania Cycling Apparel Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Lithuania Cycling Apparel Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lithuania Cycling Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of cycling as a recreational activity in Lithuania |
4.2.2 Growing health and wellness trends leading to higher demand for cycling apparel |
4.2.3 Government initiatives promoting cycling as a sustainable and eco-friendly mode of transportation |
4.3 Market Restraints |
4.3.1 Seasonal nature of cycling leading to fluctuating demand for cycling apparel |
4.3.2 High competition from established international cycling apparel brands |
4.3.3 Limited disposable income of the population affecting purchasing power for premium cycling apparel |
5 Lithuania Cycling Apparel Market Trends |
6 Lithuania Cycling Apparel Market, By Types |
6.1 Lithuania Cycling Apparel Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Cycling Apparel Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Lithuania Cycling Apparel Market Revenues & Volume, By Jerseys and Tops, 2021- 2031F |
6.1.4 Lithuania Cycling Apparel Market Revenues & Volume, By Bottoms and Bib Shorts, 2021- 2031F |
6.1.5 Lithuania Cycling Apparel Market Revenues & Volume, By Accessories, 2021- 2031F |
6.1.6 Lithuania Cycling Apparel Market Revenues & Volume, By Helmets, 2021- 2031F |
6.1.7 Lithuania Cycling Apparel Market Revenues & Volume, By Shoes, 2021- 2031F |
6.2 Lithuania Cycling Apparel Market, By Consumer Group |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Cycling Apparel Market Revenues & Volume, By Women, 2021- 2031F |
6.2.3 Lithuania Cycling Apparel Market Revenues & Volume, By Men, 2021- 2031F |
6.2.4 Lithuania Cycling Apparel Market Revenues & Volume, By Kids, 2021- 2031F |
6.3 Lithuania Cycling Apparel Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Cycling Apparel Market Revenues & Volume, By Recreational Riders, 2021- 2031F |
6.3.3 Lithuania Cycling Apparel Market Revenues & Volume, By Professional Riders, 2021- 2031F |
6.4 Lithuania Cycling Apparel Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Lithuania Cycling Apparel Market Revenues & Volume, By Road Cycling, 2021- 2031F |
6.4.3 Lithuania Cycling Apparel Market Revenues & Volume, By Mountain Biking, 2021- 2031F |
6.5 Lithuania Cycling Apparel Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Lithuania Cycling Apparel Market Revenues & Volume, By Online, 2021- 2031F |
6.5.3 Lithuania Cycling Apparel Market Revenues & Volume, By Offline, 2021- 2031F |
7 Lithuania Cycling Apparel Market Import-Export Trade Statistics |
7.1 Lithuania Cycling Apparel Market Export to Major Countries |
7.2 Lithuania Cycling Apparel Market Imports from Major Countries |
8 Lithuania Cycling Apparel Market Key Performance Indicators |
8.1 Number of new cycling routes and infrastructure developments in Lithuania |
8.2 Percentage increase in participation in cycling events and competitions |
8.3 Growth in the number of cycling clubs and communities in Lithuania |
9 Lithuania Cycling Apparel Market - Opportunity Assessment |
9.1 Lithuania Cycling Apparel Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Lithuania Cycling Apparel Market Opportunity Assessment, By Consumer Group, 2021 & 2031F |
9.3 Lithuania Cycling Apparel Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.4 Lithuania Cycling Apparel Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Lithuania Cycling Apparel Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lithuania Cycling Apparel Market - Competitive Landscape |
10.1 Lithuania Cycling Apparel Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Cycling Apparel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here