We use cookies for a better user experience. Read our Privacy Policy

I Agree

Bicycle Helmet Market

Bicycle Helmet Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Stringent Road Safety Regulations to Create Opportunities for the Bicycle Helmet Market

  • Bicycle helmet is an important accessory that prevents head injury in case of accidents among bicyclers and are compulsory in most cycling events. Bicycle helmets sit securely over the head and can be secured with a strap under the chin.
  • With latest technology, bicycle helmets nowadays are lightweight, with improved aerodynamics, and offer better ventilation. Stringent road safety regulations and strict government rules around the world is expected to drive the bicycle helmet market during the forecast period.

Key Drivers and Restraints of the Global Bicycle Helmet Market

  • Cycling has become a popular activity and is pursued for recreational purpose or as a sport. Bicycle helmets serve more than one purpose; apart from head protection, it improves visibility, offers protection from bad weather, and can accommodate communication devices.
  • Bicycle helmets come in various designs and colors to cater to everyone’s need. The material used in most of these helmets is EPS foam in the inside with a hard outer shell. The EPS foam contracts on impact and protects the head.
  • Recent research and development in bicycle helmets have proved that helmets help to avoid rotational force experienced during a crash. This minimizes the risk of head injury. Technologies such as WaveCel, SPIN, and MIPS help in reducing rotational force during a crash.
  • Bicycles are cheap and an eco-friendly mode of transportation. Cycling is a good form of exercise to stay fit. Many people prefer cycling while commuting. Rise in health awareness plays a vital role in driving the market. The inclination of millennial toward fitness and outdoor cycling activities is expected to boost the bicycle helmet market.
  • Increasing environmental concerns has led to growth in number of cyclists around the world. Increase in disposable income, increase in purchasing power, increasing bicycle riding events, and rising bicycle sales are factors likely to lead to a rise in sale of bicycle helmets during the forecast period.
  • The recreational segment is projected to witness higher growth during the forecast period. Thus, growth in adventure sports activities is likely to fuel the bicycle helmet market. Europe is expected to dominate the bicycle helmet market. Manufacturing companies are investing in R&D to come up with new products such as smart helmets. The latest innovation in helmets consists of LED on helmets which helps at night.
  • Lack of awareness about cycling and importance of usage of helmets is a restraint of the market. The market is highly fragmented, and bicycle helmets available at cheaper price offered by regional players might hamper the business of big players.
  • Manufacturers are trying to attract consumers by manufacturing helmets with unique features, shapes, and colors, and are competing on the basis of price in this highly fragmented market.
  • Increasing concerns due to rising road accidents and stringent government laws are expected to drive the global bicycle helmet market during the forecast period.

Europe to dominate the global bicycle helmet market

  • In terms of region, the global bicycle helmet market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • Asia Pacific is likely to witness the maximum demand for bicycle helmets from 2019 to 2027. Europe and the U.S. dominate the market and are expected to continue their dominance. Major manufacturers are investing heavily in developing economies. Leading manufacturers of bicycle helmets have extensive distribution networks along with deep product penetration.

Key Manufacturers Operating in the Market

The global bicycle helmet market was highly fragmented in 2018. Key manufacturers operating in the global market are listed below:

  • Moon Helmet
  • Vista Outdoor
  • Dorel 
  • Trek Bicycle Corporation
  • SCOTT Sports SA
  • POC Sports
  • MET-Helmets
  • Specialized Bicycle Components, Inc.,
  • Lazersport 
  • KASK s.p.a

Global Bicycle Helmet Market: Research Scope

Global Bicycle Helmet Market, by Type

  • MTB Helmets
  • Road Helmets
  • Crono Helmets
  • Others

Global Bicycle Helmet Market, by Application

  • Recreational

  • Sports

Global Bicycle Helmet Market, by Distribution Channel

  • Online
  • Offline

Global Bicycle Helmet Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Google translate

Copyright © Transparency Market Research, Inc. All Rights reserved