The Global Bike Helmet Market size was valued at USD 4.98 billion in 2023 and is projected to reach USD 700 Million in 2023. The market is also estimated to grow at a CAGR of around 4.5% during the forecast period, i.e., 2024-30.
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Key Findings of the Study: Bike Helmet Market
Global 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.
Scope of the Report and Bike Helmet Market Segmentation
By Type
-Road Helmets
-Sports Helmets
-Mountain Bike (MTB) Helmets
- The road helmets segment dominates the Bike Helmet Industry with the largest market share.
By Application
-Commuter & Recreational
-Sports/Adventure
By Coverage
-Full-Coverage Helmets
-Partial-Coverage Helmets
-Open-Face Helmet
By Distribution Channel
-Offline
--Supermarkets and Hypermarkets
--Specialty Stores
-Online
--E-commerce Platforms
--Brand Websites
By End User
-Adults
-Kids
Top leading companies in the Bike Helmet Market includes:
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, Others
Bike Helmet Market Development
- In September 2023: KASK America, Inc. introduced a new series of Helmets for U.S. and Canadian Markets. The newly launched helmets are based on the requirements and preferences given by the consumers. This results in an upgraded helmet with extra protection and provides comfort with design technologies.
For more detailed information about the Bike Helmet market report, click here – https://www.marknteladvisors.com/research-library/bike-helmet-market.html
Geographical analysis:
North America: US, Canada, Mexico
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Rest of Asia Pacific
South America: Brazil, Argentina, Rest of South America
Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
- Asia-Pacific region is anticipated to present lucrative growth prospects in the coming years.
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