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.
According 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 2024-30.
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.
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Key Findings in Bike Helmet Market:
| Historical Years | 2019-2022 |
| Base Years | 2023 |
| Forecast Years | 2024-2030 |
| Key Report Highlights | Market Dimensions & ProjectionsPricing Evaluation,Recent Strategic Moves by Companies,Primary Stakeholders,Analysis of Import and Export Trends,Competitive Landscape Assessment,Emerging Opportunities,Market Trends and Indicators |
| Reports Delivery Format | Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 25 hours of the payment being successfully received, the report will be sent to your email address. |
Bike Helmet Market Key Players:
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
Market Segmentation Overview:
By Type
-Road Helmets
-Sports Helmets
-Mountain Bike (MTB) Helmets
The road helmets segment dominates the Bike Helmet Industry with the largest market share. The growing interest of the large population towards road cyclic events across the world is the primary reason behind this flourishing demand. Road helmets also include triathlon, road racing, and endurance cycling helmets. These helmets comprise aerodynamics and ventilation features which provide next-level protection to the helmets and attract large consumers. Additionally, the changing government policies and regulations, that emphasize on mandatory use of helmets during regular travel have increased the growth of road helmets. Also, the growth is boosted by introducing the rule regarding lightweight and safer helmet manufacturing, this not only promotes health safety measures but also augments the demand for bike helmets. This is the reason road helmets contribute majorly to the growth of the Bike Helmet Market.
By Application
-Commuter & Recreational
-Sports/Adventure
By Coverage
-Full-Coverage Helmets
-Partial-Coverage Helmets
-Open-Face Helmet
By Distribution Channel
-Offline
–Supermarkets and Hypermarkets
–Specialty Stores
-Online
–E-commerce Platforms
–Brand Websites
By End User
-Adults
-Kids
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By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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The Bike Helmet Industry Recent 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.
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