Jack danielAccording to MarkNtel Advisors study the Global Bike Helmet Market size was valued at around USD 700 Million in 2023 & is estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30.
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Key Findings of the Study: Bike Helmet market
Global Bike Helmet Market Driver:
Increasing Safety Awareness Driving Market Growth – The crucial reason behind the increment in the global market is the growing awareness of road safety. The rise in several road accidents generates a concern about using helmets in public opinion. This significant increase in accidents led to government intervention and regulations towards safety measures. Several government policies give important attention to wearing helmets. Results in raising awareness about the importance of helmets. This building awareness drives the growth & expansion of the Helmet Industry.
Global Bike Helmet Market Challenge:
High Cost of Helmets Impeding Market Growth – Even after knowing that wearing helmets is very important while driving, it is a life savior, but it still discourages most budget-conscious consumers. This is because of the high cost, which can be one of the major challenges faced by the Bike Helmet Market. The cost of the helmet varies due to the type and performance of the helmet, brand, quality, etc., which makes them expensive. This is the reason behind the hindrance to the growth of the bike helmet industry’s size & volume.
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Scope of the Report and Bike Helmet Market Segmentation:
By Type
- Road Helmets- Market Size & Forecast 2019-2030, USD Million
- Sports Helmets- Market Size & Forecast 2019-2030, USD Million
- Mountain Bike (MTB) Helmets- Market Size & Forecast 2019-2030, USD Million
By Application
- Commuter & Recreational- Market Size & Forecast 2019-2030, USD Million
- Sports/Adventure- Market Size & Forecast 2019-2030, USD Million
By Coverage
- Full-Coverage Helmets- Market Size & Forecast 2019-2030, USD Million
- Partial-Coverage Helmets- Market Size & Forecast 2019-2030, USD Million
- Open-Face Helmet- Market Size & Forecast 2019-2030, USD Million
By Distribution Channel
- Offline- Market Size & Forecast 2019-2030, USD Million
- Supermarkets and Hypermarkets- Market Size & Forecast 2019-2030, USD Million
- Specialty Stores- Market Size & Forecast 2019-2030, USD Million
- Online- Market Size & Forecast 2019-2030, USD Million
- E-commerce Platforms- Market Size & Forecast 2019-2030, USD Million
- Brand Websites- Market Size & Forecast 2019-2030, USD Million
By End User
- Adults- Market Size & Forecast 2019-2030, USD Million
- Kids- Market Size & Forecast 2019-2030, USD Million
The road helmets segment dominates the Bike Helmet Industry with the largest market share.
Bike Helmet Market Competitive Landscape
- Vista Outdoor Operations LLC
- Dorel Sports
- Moon Helmet
- Trek Bicycle Corporation
- Specialized Bicycle Components
- MET-Helmets
- Uvex Sports
- KASK America, Inc.
- Arai Helmets
- SCOTT Sports
- Giant Bicycles
- POC Sports
- Orbea
- Limar Srl
- Others
Bike Helmet Market Development:
- In September 2023: KASK America, Inc. introduced a new series of Helmets for U.S. and Canadian Markets. The newly launched helmets are based on the requirements and preferences given by the consumers. This results in an upgraded helmet with extra protection and provides comfort with design technologies.
Geographical Analysis:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Asia-Pacific region is anticipated to present lucrative growth prospects in the coming years.
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