The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Bike Helmet Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
Bike Helmet Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 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. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024 to 2030.
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What is Included in Bike Helmet Market Segmentation?
The 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
By Application
- Commuter & Recreational- Market Size & Forecast 2019-2030, USD Million
- Sports/Adventure- Market Size & Forecast 2019-2030, USD Million
By Coverage
- Full-Coverage Helmets- Market Size & Forecast 2019-2030, USD Million
- Partial-Coverage Helmets- Market Size & Forecast 2019-2030, USD Million
- Open-Face Helmet- Market Size & Forecast 2019-2030, USD Million
By Distribution Channel
- 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
- 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
Online channel is expected to expand the market shares globally. This is because of the increasing internet availability in terms of high-speed networks, and advanced smartphones, which are flourishing in developing countries to promote more utilization of online platforms. This results in boosting the online sales of the helmets. Moreover, benefits such as a variety of options, suitable modes of payment, better offers, and better home delivery led to the growing interest in a variety of helmets. This is boosting the purchases of helmets and hence increases the size & volume of the helmet industry globally.
Additionally, nowadays companies are launching particular websites for their specific product, which facilitates the consumer to purchase directly from the manufacturer. This helps accelerate the growth of the online segment. This shows that online channels contribute better in comparison with offline sales of helmets. Therefore, this led to a higher demand for helmets in the global market.
By End User
- Adults- Market Size & Forecast 2019-2030, USD Million
- Kids- Market Size & Forecast 2019-2030, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Factor Driver Bike Helmet Industry Growth by 2030
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.
Who are the Key Players Operating in the Bike Helmet Industry?
The top companies of the Bike Helmet market ruling the industry are:
- 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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FAQs (Frequently Ask Questions)
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