Exploring Bike Helmet Market Opportunity, Latest Trends, Demand, and Development By 2030| MarkNtel

Bike Helmet Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
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, i.e., 2024-30. This is because of the increase in road accidents that promotes rising awareness of road safety measures, leading to the flourishing demand for bike helmets. Bike accidents repeatedly happen due to fast driving, collisions, drinking and driving, etc. Nowadays road accidents have become a major challenge in terms of safety measures. The rise in injuries and regulations requiring on-road bikers to wear helmets are the driving forces behind the market growth & expansion. As per the research by MarkNtel, many countries have moved to make helmet use compulsory for bikers, including Australia, New Zealand, Namibia, Argentina, Costa Rica, Uruguay, Cyprus, and Singapore.
Markntel Advisor’s Bike Helmet Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Bike Helmet Market drivers, barriers, Bike Helmet Market Trends, and Key Players in Bike Helmet Market.
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Bike Helmet Market Dynamics: 2024-2030
Bike Helmet Market Driver:
Increasing Safety Awareness Driving Market Growth – 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.
Bike Helmet Market Challenge:
High Cost of Helmets Impeding Market Growth – 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. The cost of the helmet varies due to the type and performance of the helmet, brand, quality, etc., which makes them expensive. This is the reason behind the hindrance to the growth of the bike helmet industry’s size & volume.
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Bike Helmet Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
By Type
· Road Helmets- Market Size & Forecast 2019-2030, USD Million
· Sports Helmets- Market Size & Forecast 2019-2030, USD Million
· Mountain Bike (MTB) Helmets- Market Size & Forecast 2019-2030, USD Million
According to report, The road helmets segment dominates the Bike Helmet Industry with the largest market share.
· By Application
o Commuter & Recreational- Market Size & Forecast 2019-2030, USD Million
o Sports/Adventure- Market Size & Forecast 2019-2030, USD Million
· By Coverage
o Full-Coverage Helmets- Market Size & Forecast 2019-2030, USD Million
o Partial-Coverage Helmets- Market Size & Forecast 2019-2030, USD Million
o Open-Face Helmet- Market Size & Forecast 2019-2030, USD Million
· By Distribution Channel
o Offline- Market Size & Forecast 2019-2030, USD Million
§ Supermarkets and Hypermarkets- Market Size & Forecast 2019-2030, USD Million
§ Specialty Stores- Market Size & Forecast 2019-2030, USD Million
o Online- Market Size & Forecast 2019-2030, USD Million
§ E-commerce Platforms- Market Size & Forecast 2019-2030, USD Million
§ Brand Websites- Market Size & Forecast 2019-2030, USD Million
According to report, Online channel is expected to expand the market shares globally.
· By End User
o Adults- Market Size & Forecast 2019-2030, USD Million
o Kids- Market Size & Forecast 2019-2030, USD Million
By Region
· North America
· South America
· Europe
· The Middle East & Africa
· Asia-Pacific
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Top Companies Operating in the Bike Helmet Market:
· 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
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