Global Bicycle Helmet Market, By Type (Road Helmets, Sports Helmets, MTB Helmets, mountain, commuter, skate, BMX, downhill racing), Application (Sports/Adventure, Daily Transportation, recreational mountain), Distribution Channel (Online, Offline), End User (Men, Women, Child) - Industry Trends and Forecast to 2031.
Bicycle Helmet Market Analysis and Size
The bicycle helmet market is experiencing consistent growth worldwide, due to a growing emphasis on safety among cyclists and the growing trend of cycling for leisure and physical fitness. The increase in urbanization and efforts to promote cycling infrastructure in different areas also play a role in the market's expansion. Innovations in helmet design, including lighter materials, improved ventilation, and better impact protection, are catching the attention of consumers and encouraging adoption. Additionally, the proliferation of online retail platforms makes it easier for consumers to find a wide selection of helmets to suit their preferences and budgets.
Data Bridge Market Research analyses that the global bicycle helmet market is expected to reach USD 1.52 billion by 2031, which is USD 1.01 billion in 2023, registering a CAGR of 5.2% during the forecast period of 2024 to 2031. In 2024, the road helmets segment dominates the market as consumers prioritize safety equipment during their cycling endeavours. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022(Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Pricing and USD, Volumes in Units
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Segments Covered
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Type (Road Helmets, Sports Helmets, MTB Helmets, Mountain, Commuter, Skate, BMX, Downhill Racing), Application (Sports/Adventure, Daily Transportation, Recreational Mountain), Distribution Channel (Online, Offline)
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Countries Covered
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U.S., Canada, Mexico, Germany, U.K. France, Spain, Belgium, Russia, Netherland, Italy, Turkey, Switzerland, Sweden, Denmark, Norway, Finland, Rest of Europe, India, China, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Taiwan, Hong Kong, Malaysia, New Zealand, Philippines, Rest of Asia-Pacific, Brazil, Argentina Rest of South America, U.A.E., Saudi Arabia, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Specialized Bicycle Components (U.S.), SCOTT Sports SA (Switzerland), Trek Bicycle Corporation (U.S.), Merida & Centurion Germany GmbH (Germany), Moon Helmet (Germany), Dorel (Canada), Vista Outdoor (U.S.), GIRO SPORT DESIGN ( U.S.) among others
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Market Opportunities
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Market Definition
A bicycle helmet is a protective headgear worn by cyclists to reduce the risk of head injuries in the event of a crash or accident while riding a bicycle. Typically made of lightweight materials such as polystyrene foam and plastic, bicycle helmets are designed to absorb impact energy and distribute it across the helmet's surface, thus minimizing the force transmitted to the wearer's head. They feature a hard outer shell for durability and an inner lining for cushioning and comfort. Bicycle helmets are essential safety equipment for cyclists of all ages and skill levels, promoting safer riding practices and reducing the severity of head injuries.
Global Bicycle Helmet Market Dynamics
Drivers
- Increasing Awareness of Road Safety
Growing awareness about road safety, particularly among cyclists, is a significant driver for the global bicycle helmet market. Governments and non-profit organizations are actively promoting the use of helmets to reduce the risk of head injuries in cycling accidents. This heightened consciousness is driving the demand for bicycle helmets globally as consumers prioritize safety equipment during their cycling endeavors.
- Rising Popularity of Cycling as a Recreational Activity
The increasing popularity of cycling as a recreational activity and mode of transportation is driving the demand for bicycle helmets worldwide. As more people embrace cycling for leisure, fitness, and commuting purposes, there is a corresponding surge in the need for protective gear such as helmets. This trend is especially pronounced in urban areas where cycling infrastructure is improving and eco-friendly transportation options are encouraged.
Opportunities:
- Technological Advancements in Helmet Design
The continuous advancement of helmet technology presents a significant opportunity for the global bicycle helmet market. Innovations such as MIPS (Multi-Directional Impact Protection System), improved ventilation systems, and lightweight materials enhance helmet safety, comfort, and aesthetics. Manufacturers can capitalize on these advancements to introduce premium, feature-rich helmets that cater to the evolving needs and preferences of cyclists.
- Expanding Market in Developing Regions
Developing regions are witnessing a surge in cycling culture due to urbanization, increasing traffic congestion, and a growing focus on health and fitness. This presents untapped opportunities for bicycle helmet manufacturers to penetrate these emerging markets and cater to the rising demand for safety gear, thereby expanding their global footprint and market share.
Restraints/Challenges
- Cost Constraints for Consumers
The cost of high-quality bicycle helmets can pose a barrier to adoption for some consumers, particularly in regions with lower disposable income levels. Despite the safety benefits they offer, premium helmets with advanced features may be financially out of reach for a significant portion of the population.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In June 2023, according to an article published by BikeToday News, UNIT 1, a startup in urban mobility, launched AURA, its latest smart helmet for urban and road riding on Kickstarter. AURA, integrated with advanced technology and sleek design, offers enhanced safety features such as powerful lights, crash detection, and turn signal compatibility. The helmet's add-ons, including Smart Lights and a Navigation Remote, work seamlessly together through the UNIT 1 app to provide a safer riding experience
- In November 2022, according to an article published, Cision US Inc., Giro Sport Design unveiled the Ethos Mips and Ethos Mips Shield helmets, equipped with integrated LED lights and turn signals controlled by a handlebar-mounted remote. The helmets featured added protection with the Mips Brain Protection System and were available in three color options and sizes. Both models had rechargeable batteries with various light modes and boasted in-mold construction for lightweight durability. They also included additional features such as reflective decals, quick-dry padding, and adjustable eye shields for enhanced functionality and comfort
Bicycle Helmet Market Scope
The market is segmented on the basis of on type, application and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Road Helmets
- Sports Helmets
- MTB Helmets
- Mountain
- Commuter
- Skate
- BMX
- Downhill Racing
Application
- R Sports/Adventure
- Daily Transportation
- Recreational Mountain
Distribution Channel
- Online
- Company-owned
- Third party owned
- Offline
- Supermarkets and Hypermarkets
- Sports Stores
- Others
End user
- Men
- Women
- Child
Bicycle Helmet Market Regional Analysis/Insights
The market is analysed and market size insights and trends are provided on basis of on type, application, end user and distribution channel.
The countries covered in the market report are (U.S.), Canada, Mexico, Germany, U.K. France, Spain, Belgium, Russia, Netherland, Italy, Turkey, Switzerland, Sweden, Denmark, Norway, Finland, Rest of Europe, India, China, Japan, Australia, South Korea, Singapore, Thailand, Indonesia, Taiwan, Hong Kong, Malaysia, New Zealand, Philippines, Rest of Asia-Pacific, Brazil, Argentina Rest of South America, U.A.E., Saudi Arabia, South Africa, Egypt, Qatar, Kuwait, Bahrain, Oman, Israel, and Rest of Middle East and Africa.
The North America region is dominating the growing global bicycle helmet market due to its strong emphasis on safety regulations and awareness campaigns promoting helmet usage.
In addition Europe is also expected to be the fastest growing region with highest CAGR due to increasing awareness about safety measures among cyclists
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bicycle Helmet Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to market.
Some of the major players operating in the market are:
- Specialized Bicycle Components, Inc. (U.S.)
- SCOTT Sports SA (Switzerland)
- Trek Bicycle Corporation (U.S.)
- Merida & Centurion Germany GmbH (Germany)
- Moon Helmet (Germany)
- Dorel (Canada)
- Vista Outdoor (U.S.)
- GIRO SPORT DESIGN (U.S.)
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