Market Overview

The most common form of safety bike equipment used in the industry has been the helmet over the ages. Due to its cost-effective facilities that have been provided over the years, it has stayed intact to the customers over the years. The safety level it ensures with the affordable prices makes it worth the usage. Helmet usage has been increasing over the days due to the strict rule complied by the government for safety concerns. With the increasing number of motorbikes by the day due to unavoidable reasons, helmet usage has also been increasing. It has also been seen that due to safety and environmental concerns, there has been a prominent increase in the usage and sale of helmets. Apart from this, there has been a surge hike in the number of helmet users due to stringent laws regarding the same usage.

The Bike Helmet Market was expected to share a global value and this is further expected to share a global rate of 1.12 million by the forecast period of 2021 to 2028. This is seen with a stable and substantial CAGR rate of 5.35%. 

The major factor driving the Bike Helmet Market outlook  is the increasing number of bikes on the road, leading to an increasing rise in concern. There has been a constant change of the security concerns regarding road safety by the day, and a helmet is the only simple and easiest equipment to avoid any mishap. Factors like such have made sure the usage of helmets always flourishes in the market. However, some factors restrain the usage of helmets. The concept of not using helmets for traveling a shorter distance has been normalized to a deeper level among people, resulting in the usage of the same decreased. The pandemic harmed the helmet market like any other industry. With the worldwide lockdown, as the transportation was stopped, so was the usage and manufacture of the helmet. But amid this, healthy and sharp growth in the Bike Helmet Market is further estimated. 

Market Segmentation

Overall, the Bike Helmet Market insights  is divided into types and applications depending on the sorting categories. 

Depending on the types, the market is divided into MTB helmets, road helmets, and sports helmets.

Again, the market is divided into sports and daily transport depending upon the application of the market.

Key Players

Companies  key bike helmet market players Profiled

• Vista Outdoor Operations LLC (US)
• Dorel Sports (Canada)
• KASK S.p.a. (Italy)
• Trek Bicycle Corporation (US)
• Uvex Sports (Germany)
• Orbea (Spain)
• Specialized Bicycle Components (US)
• MET-Helmets (Italy)
• SCOTT Sports SA. (Switzerland)
• Limar Srl (Italy)

Regional Analysis

The Bike Helmet Market is globally segmented into parts of North America, covering areas like Mexico and Canada, and parts of Europe like the UK, France, and Italy. This also included parts of SouthAmerica and Asia Pacific regions like India, China, Japan, and Indonesia. 

Industry News

The Bike Helmet Market was expected to share a global value of $3.2 billion in the year 2018, and this is further expected to share a global rate of $274.15 million by the forecast period of 2022 to 2026. This is seen with a stable and substantial CAGR rate of 5.46%. Some of the major key industrial players of the department are the Trek Bicycle Corporation, MET-Helmets, Specialized Bicycle Components, and Limar Sri. 

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