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
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
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
Bike Helmet Key Competitors include:
Key Offerings:
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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