Bike Helmet Market to Hit USD 617.76 Mn at a growth rate of 4.4 percent – Says Stellar Market Research

Bike Helmet Market to Hit USD 617.76 Mn at a growth rate of 4.4 percent - Says Stellar Market Research
Bike Helmet Market
Bike Helmet Market size of the Europe region is expected to dominate the market during the forecast period. Bike Helmet Market analysis was conducted by dividing it into Type, Application, and Distribution. The bottom-up approach was used to estimate the Bike Helmet Market size.

Pune, 09, May 2024: Stellar Market Research, a Consumer Goods & Services business research firm has published a report on the “Bike Helmet Market”. The total market opportunity for Bike Helmet Market was USD 457 Mn in 2023 and is expected to grow at 4.4 percent CAGR through the forecast period by reaching nearly USD 617.76 Mn.

Bike Helmet Market Report Scope and Research Methodology

Market Size in 2023        USD 457 Mn.

Market Size in 2030        USD 617.76 Mn.

CAGR    4.4% (2023-2030)

Forecast Period 2024-2030

Base Year            2023

Number of Pages             275

No. of Tables     116

No. of Charts and Figures             112

Segment Covered            Type, Application and Distribution

Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America

Report Coverage             Market Share, Size & Forecast by Revenue | 2024−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

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A comprehensive study of the tactics used by the top businesses in the bike helmet industry is provided in this research report, along with a close examination of the market segments and geographic locations. By examining market dynamics at the regional and segment-specific levels, the Bike Helmet Market Research provides an in-depth analysis of opportunities, challenges, drivers, and limitations. More data on import/export consumption, supply and demand, price, cost, and gross margins are also included to further improve its value as an investor’s guide.

Primary and secondary research systems were used to gather data for the Bike Helmet Market study, which was then merged to ensure the report’s authenticity. The distribution of questionnaires, surveys, and phone interviews with market leaders, entrepreneurs, and industry experts specializing in bike helmets comprise the core study presented. The size of the bike helmet market has been estimated both globally and regionally using the bottom-up methodology. The industry’s major players for Bike Helmet were analysed using a SWOT framework to determine their strengths and weaknesses.

Bike Helmet Market Overview

Motorcyclists and bikers wear helmets as protective headgear. The main purpose of a helmet is to protect the rider’s head in the case of an accident, therefore reducing or avoiding head injuries and potentially saving their lives. Some helmets are provided with extra features like face shields, ear protection, ventilation, intercoms, etc. The six primary types of helmets are as follows: Half-helmet, Off-Road Helmet, Open-face Helmet, Full-face Helmet, and Dual Sport Helmet. A full-face helmet protects the front of the chin, the base of the skull, and the entire head.

Bike Helmet Market Dynamics

The market for bike helmets is expected to grow due to the increasing popularity of cycling, lack of strict regulations, and sustainability concerns. Increased disposable income, purchasing power, and increased bicycle riding activities drive the rise in helmet sales. Manufacturers are developing high-end features, such as GPS maps and built-in Augmented Reality, to attract customers. Various helmet types are available.

Bike Helmet Market Regional Insights

The global bike helmet market in Europe is projected to grow by 44% from 2024 to 2030, driven by high living standards, innovative products, and premium brand recognition. France, Italy, and the UK are major market players, promoting cycling for fitness and environmental protection.

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Bike Helmet Market Segmentation

Ву Туре

  • Road Helmets
  • Sports Helmets
  • Mountain bike (MTB) helmets

Based on Type, The road cycling helmet segment is expected to dominate the bike helmet market, with a projected 38% market share from 2024 to 2030. This category includes helmets for triathlon, road racing, and endurance cycling. The mountain bike helmet sector is expected to grow, offering additional protection for mountain bikers, particularly those prone to falls due to challenging terrain.

By Application

  • Recreational
  • Sports

Based on Application, The cycling market is expected to grow by 30% from 2024 to 2030 because of the increasing popularity of cycling as a leisure and competitive activity. Sports helmets are expected to dominate the market, catering to road, mountain, and triathlon cycling. The recreational segment is expected to lead market growth due to the increasing demand for eco-friendly transportation solutions.

By Distribution

  • Online
  • Offline

Bike Helmet Key Competitors include:

  1. Arai Helmets – Japan
  2. Vista Outdoor – United States
  3. KASK America – United States
  4. Uvex Sports – Germany
  5. Orbea – Spain
  6. com – United States
  7. MET-Helmets – Italy
  8. SCOTT Sports – Switzerland
  9. Limar – Italy
  10. Moon Helmet – China
  11. POC Sports – Sweden
  12. Lazersport – Belgium
  13. Giro Sport Design – United States
  14. Louis Garneau – Canada
  15. Fox Racing – United States
  16. KYT Helmets India – India
  17. SHOEI Helmets – Japan
  18. HJC Helmets – South Korea
  19. Bell Helmets – United States
  20. Inc
  • Key questions answered in the Bike Helmet Market report are:
  • What are the major challenges that the Bike Helmet Market could face in the future?
  • Which region held the largest Bike Helmet Market Share in 2023?
  • What is Bike Helmet?
  • Which market segment held the largest share of the global Bike Helmet Market in 2023?
  • What are the global trends in the Bike Helmet Market?
  • What are the upcoming industry applications and trends for the Bike Helmet Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for Bike Helmet Market?
  • What growth strategies are the players considering to increase their presence in Bike Helmet Market?
  • Who are the leading companies and what are their portfolios in Bike Helmet Market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Bike Helmet Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Bike Helmet Market Segmentation – A detailed analysis by Type, by Application, by Distribution and Region
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

Stellar Market Research is leading Consumer Goods & Services research firm, has also published the following reports:

Mountain Bike Apparel Market– The market size is expected to reach USD 5.30 Billion by 2030 at a CAGR of 5.3 percent during the forecast period. The mountain bike apparel market, including the growing popularity of e-MTBs and a stronger emphasis on sustainability.

Motorcycle Apparel Market– The market size is expected to reach USD 38.69 billion by 2030 at a CAGR of 6.5 percent during the forecast period. The market is expected to be driven by important factors inducing the development of the motorcycle apparel market.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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