India Bike Helmet Market By Helmet Type (Full Face, Open Face, Half Face, Modular and Motocross), By Distributor Channel (Offline (Dealers/Retailers, Two Wheeler Manufacturers, Institutional) and Online), By Region, Competition, Forecast & Opportunities, 2029F
India Bike helmet market will witness a robust growth during the forecasted period, owing to the rise in demand of two wheelers, and growing trends of bike riding for adventure and recreational activities.
Helmet is a protective covering for head which mainly consists of hard external shell with an adjacent padding inside the outer shell and a chin-strap type retention system. Helmets are designed to protect head which are supported by parts such as outer shell, crushable layer, padded comfort layer, chinstrap etc, with a sticker indicating that the motorcycle helmet meets standards (IS 4151:2015) regulated by Ministry of Road Transport and Highways.
When it comes to riding a bike, most of the riders adore the freedom of travelling but they are unaware of the risk of riding a bike without protective gears, making it one of the major reasons of death and injury caused in the road accidents day by day in the country. Therefore, to avoid the fatal injuries and death caused by accidents, helmets are the utmost part of ride gear for a bike rider which can save the rider from fatal head injuries.
Rising Sales of Two-Wheelers
India is one of the major markets in the world for two-wheeler sales and stood at second position in global two-wheeler sales in 2022. The number of people riding bikes in India is increasing, as the country's population continues to grow. This has led to a rise in demand for helmets, as more people are in need of protection while riding. In addition, the increase in bike riders has also led to an increase in the number of accidents, which has further highlighted the need for helmets.
Stringent Government Regulations
The Indian government has implemented stringent regulations mandating the use of helmets while riding a bike. These regulations vary by state, but generally, they require all riders and passengers on two-wheelers to wear helmets. Failure to do so can result in penalties and fines. These regulations have been a significant driver of growth in the bike helmet market in India, as riders tend to face consequences for not wearing a helmet.
Technological Advancements
Finally, advancements in technology have led to the development of helmets that are more comfortable, lightweight, and aesthetically pleasing. This has made helmets more appealing to style-conscious consumers, who may have been reluctant to wear a helmet in the past. In addition, manufacturers are now incorporating features like ventilation systems, anti-fog visors, and Bluetooth connectivity, further increasing the appeal of helmets.
Price Sensitivity
Price sensitivity is a significant factor in India, as many consumers are still price conscious. While rising disposable incomes have contributed to the growth of the market, many consumers may still be hesitant to invest in a high-quality helmet due to the cost. This could limit the growth of the market, as manufacturers may need to find ways to offer more affordable helmets without sacrificing quality. Additionally, many consumers may opt for lower-quality helmets to save money, which could lead to a decrease in demand for higher-end products.
Availability of Counterfeit Products
Counterfeit helmets are a significant concern in India, as many consumers may opt for cheaper, fake helmets instead of investing in a high-quality product. These counterfeit helmets may not provide the necessary protection in the event of an accident, which could lead to injuries or fatalities. This aspect has the potential to limit the growth of the market, as consumers may be hesitant to invest in a helmet if they are unsure about the quality of the product. Additionally, the prevalence of counterfeit helmets could also impact the reputation of legitimate manufacturers, which could further decrease demand.
Market Segmentation
The India Bike Helmet market is segmented based on type, distribution channel, by region, and competitional landscape. Based on type, the market is further fragmented into full face, open face, half face, modular and motocross. Based on distribution channel, the market is segmented into [Offline (Dealers/Retailers, Two-Wheeler Manufacturers, Institutional) and Online]. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North, South, West & East.
Company Profiles
Major companies operating in India bike helmet market recorded high sales volume in the 2023 financial year and the trend is likely to continue during the forecast period. List of the major market players include Studds, Vega, Steel Bird, Aerostar, Royal Enfield, Wrangler, Aaron, LS2, THH, Ergo, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Report Scope:
In this report, India bike helmet market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in India Bike Helmet Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
Helmet is a protective covering for head which mainly consists of hard external shell with an adjacent padding inside the outer shell and a chin-strap type retention system. Helmets are designed to protect head which are supported by parts such as outer shell, crushable layer, padded comfort layer, chinstrap etc, with a sticker indicating that the motorcycle helmet meets standards (IS 4151:2015) regulated by Ministry of Road Transport and Highways.
When it comes to riding a bike, most of the riders adore the freedom of travelling but they are unaware of the risk of riding a bike without protective gears, making it one of the major reasons of death and injury caused in the road accidents day by day in the country. Therefore, to avoid the fatal injuries and death caused by accidents, helmets are the utmost part of ride gear for a bike rider which can save the rider from fatal head injuries.
Rising Sales of Two-Wheelers
India is one of the major markets in the world for two-wheeler sales and stood at second position in global two-wheeler sales in 2022. The number of people riding bikes in India is increasing, as the country's population continues to grow. This has led to a rise in demand for helmets, as more people are in need of protection while riding. In addition, the increase in bike riders has also led to an increase in the number of accidents, which has further highlighted the need for helmets.
Stringent Government Regulations
The Indian government has implemented stringent regulations mandating the use of helmets while riding a bike. These regulations vary by state, but generally, they require all riders and passengers on two-wheelers to wear helmets. Failure to do so can result in penalties and fines. These regulations have been a significant driver of growth in the bike helmet market in India, as riders tend to face consequences for not wearing a helmet.
Technological Advancements
Finally, advancements in technology have led to the development of helmets that are more comfortable, lightweight, and aesthetically pleasing. This has made helmets more appealing to style-conscious consumers, who may have been reluctant to wear a helmet in the past. In addition, manufacturers are now incorporating features like ventilation systems, anti-fog visors, and Bluetooth connectivity, further increasing the appeal of helmets.
Price Sensitivity
Price sensitivity is a significant factor in India, as many consumers are still price conscious. While rising disposable incomes have contributed to the growth of the market, many consumers may still be hesitant to invest in a high-quality helmet due to the cost. This could limit the growth of the market, as manufacturers may need to find ways to offer more affordable helmets without sacrificing quality. Additionally, many consumers may opt for lower-quality helmets to save money, which could lead to a decrease in demand for higher-end products.
Availability of Counterfeit Products
Counterfeit helmets are a significant concern in India, as many consumers may opt for cheaper, fake helmets instead of investing in a high-quality product. These counterfeit helmets may not provide the necessary protection in the event of an accident, which could lead to injuries or fatalities. This aspect has the potential to limit the growth of the market, as consumers may be hesitant to invest in a helmet if they are unsure about the quality of the product. Additionally, the prevalence of counterfeit helmets could also impact the reputation of legitimate manufacturers, which could further decrease demand.
Market Segmentation
The India Bike Helmet market is segmented based on type, distribution channel, by region, and competitional landscape. Based on type, the market is further fragmented into full face, open face, half face, modular and motocross. Based on distribution channel, the market is segmented into [Offline (Dealers/Retailers, Two-Wheeler Manufacturers, Institutional) and Online]. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North, South, West & East.
Company Profiles
Major companies operating in India bike helmet market recorded high sales volume in the 2023 financial year and the trend is likely to continue during the forecast period. List of the major market players include Studds, Vega, Steel Bird, Aerostar, Royal Enfield, Wrangler, Aaron, LS2, THH, Ergo, etc. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Report Scope:
In this report, India bike helmet market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Bike Helmet Market, By Type:
- Full Face
- Open face
- Half Face
- Modular
- Motocross
- India Bike Helmet Market, By Distribution Channel:
- Offline (Dealers/Retailers, Two-Wheeler Manufacturers, Institutional)
- Online
- India Bike Helmet Market, By Region:
- North
- West
- South
- East
Company Profiles: Detailed analysis of the major companies present in India Bike Helmet Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. INTRODUCTION
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON INDIA BIKE HELMET MARKET
5. VOICE OF CUSTOMER ANALYSIS
5.1. Factors Influencing Purchase Decision
5.2. Brand Satisfaction Level
5.3. Brand Awareness
6. INDIA BIKE HELMET MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type Market Share Analysis (Full Face, Open Face, Half Face, Modular and Motocross)
6.2.2. By Distribution Channel Market Share Analysis [Offline (Dealers/Retailers, Two-Wheeler Manufacturers, Institutional) and Online]
6.2.3. By Regional Market Share Analysis
6.2.3.1. North Region Market Share Analysis
6.2.3.2. South Region Market Share Analysis
6.2.3.3. West Region Market Share Analysis
6.2.3.4. East Region Market Share Analysis
6.2.4. By Company Market Share Analysis (top 5 Companies, Others - By Value, 2023)
6.3. India Bike Helmet Market Mapping & Opportunity Assessment
6.3.1. By Type Market Mapping & Opportunity Assessment
6.3.2. By Distribution Channel Mapping & Opportunity Assessment
6.3.3. By Regional Market Mapping & Opportunity Assessment
7. INDIA FULL FACE HELMET MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Distribution Channel Market Share Analysis
7.3. Pricing Analysis
8. INDIA OPEN FACE HELMET MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Distribution Channel Market Share Analysis
8.3. Pricing Analysis
9. INDIA HALF FACE HELMET MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Distribution Channel Market Share Analysis
9.3. Pricing Analysis
10. INDIA MODULAR HELMET MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Distribution Channel Market Share Analysis
10.3. Pricing Analysis
11. INDIA MOTOCROSS HELMET MARKET OUTLOOK
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Distribution Channel Market Share Analysis
11.3. Pricing Analysis
12. MARKET DYNAMICS
12.1. Market Drivers
12.2. Market Challenges
13. MARKET TRENDS & DEVELOPMENTS
14. SWOT ANALYSIS
14.1. Strength
14.2. Weakness
14.3. Opportunities
14.4. Threats
15. PORTER’S FIVE FORCES MODEL
15.1. Competitive Rivalry
15.2. Bargaining Power of Buyers
15.3. Bargaining Power of Suppliers
15.4. Threat of New Entrants
15.5. Threat of Substitutes
16. POLICY & REGULATORY LANDSCAPE
17. INDIA ECONOMIC PROFILE
18. COMPETITIVE LANDSCAPE
18.1. Company Profiles (Up to Top 10 Companies)
18.1.1. STUDDS Accessories Limited
18.1.1.1. Company Details
18.1.1.2. Products & Services
18.1.1.3. Recent Development
18.1.1.4. Key Management Personnel
18.1.2. VEGA Auto Accessories Pvt. Ltd.
18.1.2.1. Company Details
18.1.2.2. Products & Services
18.1.2.3. Recent Development
18.1.2.4. Key Management Personnel
18.1.3. Steelbird Hi-Tech India Ltd.
18.1.3.1. Company Details
18.1.3.2. Products & Services
18.1.3.3. Recent Development
18.1.3.4. Key Management Personnel
18.1.4. Sai Group (Aerostar)
18.1.4.1. Company Details
18.1.4.2. Products & Services
18.1.4.3. Recent Development
18.1.4.4. Key Management Personnel
18.1.5. Ace Turtle Omni Pvt Ltd. (Wrangler)
18.1.5.1. Company Details
18.1.5.2. Products & Services
18.1.5.3. Recent Development
18.1.5.4. Key Management Personnel
18.1.6. Ergo Helmets and Accessories (Ergo)
18.1.6.1. Company Details
18.1.6.2. Products & Services
18.1.6.3. Recent Development
18.1.6.4. Key Management Personnel
18.1.7. Aaron Helmets Pvt. Ltd.
18.1.7.1. Company Details
18.1.7.2. Products & Services
18.1.7.3. Recent Development
18.1.7.4. Key Management Personnel
18.1.8. Eicher Motors Limited (Royal Enfield)
18.1.8.1. Company Details
18.1.8.2. Products & Services
18.1.8.3. Recent Development
18.1.8.4. Key Management Personnel
18.1.9. TECH DESIGN TEAM, S.L. (LS2)
18.1.9.1. Company Details
18.1.9.2. Products & Services
18.1.9.3. Recent Development
18.1.9.4. Key Management Personnel
18.1.10. HengDa Racing Ltd (THH)
18.1.10.1. Company Details
18.1.10.2. Products & Services
18.1.10.3. Recent Development
18.1.10.4. Key Management Personnel
19. STRATEGIC RECOMMENDATIONS/ACTION PLAN
20. ABOUT US & DISCLAIMER
Note: The data given for any year represents the market during the fiscal year, i.e., 1st April to 31st March of that year. e.g., For 2023, the data represents the period, 1st April 2022 to 31st March 2023.
(Note: The companies list can be customized based on the client requirements.)
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. RESEARCH METHODOLOGY
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. EXECUTIVE SUMMARY
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. IMPACT OF COVID-19 ON INDIA BIKE HELMET MARKET
5. VOICE OF CUSTOMER ANALYSIS
5.1. Factors Influencing Purchase Decision
5.2. Brand Satisfaction Level
5.3. Brand Awareness
6. INDIA BIKE HELMET MARKET OUTLOOK
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type Market Share Analysis (Full Face, Open Face, Half Face, Modular and Motocross)
6.2.2. By Distribution Channel Market Share Analysis [Offline (Dealers/Retailers, Two-Wheeler Manufacturers, Institutional) and Online]
6.2.3. By Regional Market Share Analysis
6.2.3.1. North Region Market Share Analysis
6.2.3.2. South Region Market Share Analysis
6.2.3.3. West Region Market Share Analysis
6.2.3.4. East Region Market Share Analysis
6.2.4. By Company Market Share Analysis (top 5 Companies, Others - By Value, 2023)
6.3. India Bike Helmet Market Mapping & Opportunity Assessment
6.3.1. By Type Market Mapping & Opportunity Assessment
6.3.2. By Distribution Channel Mapping & Opportunity Assessment
6.3.3. By Regional Market Mapping & Opportunity Assessment
7. INDIA FULL FACE HELMET MARKET OUTLOOK
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Distribution Channel Market Share Analysis
7.3. Pricing Analysis
8. INDIA OPEN FACE HELMET MARKET OUTLOOK
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Distribution Channel Market Share Analysis
8.3. Pricing Analysis
9. INDIA HALF FACE HELMET MARKET OUTLOOK
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Distribution Channel Market Share Analysis
9.3. Pricing Analysis
10. INDIA MODULAR HELMET MARKET OUTLOOK
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Distribution Channel Market Share Analysis
10.3. Pricing Analysis
11. INDIA MOTOCROSS HELMET MARKET OUTLOOK
11.1. Market Size & Forecast
11.1.1. By Value & Volume
11.2. Market Share & Forecast
11.2.1. By Distribution Channel Market Share Analysis
11.3. Pricing Analysis
12. MARKET DYNAMICS
12.1. Market Drivers
12.2. Market Challenges
13. MARKET TRENDS & DEVELOPMENTS
14. SWOT ANALYSIS
14.1. Strength
14.2. Weakness
14.3. Opportunities
14.4. Threats
15. PORTER’S FIVE FORCES MODEL
15.1. Competitive Rivalry
15.2. Bargaining Power of Buyers
15.3. Bargaining Power of Suppliers
15.4. Threat of New Entrants
15.5. Threat of Substitutes
16. POLICY & REGULATORY LANDSCAPE
17. INDIA ECONOMIC PROFILE
18. COMPETITIVE LANDSCAPE
18.1. Company Profiles (Up to Top 10 Companies)
18.1.1. STUDDS Accessories Limited
18.1.1.1. Company Details
18.1.1.2. Products & Services
18.1.1.3. Recent Development
18.1.1.4. Key Management Personnel
18.1.2. VEGA Auto Accessories Pvt. Ltd.
18.1.2.1. Company Details
18.1.2.2. Products & Services
18.1.2.3. Recent Development
18.1.2.4. Key Management Personnel
18.1.3. Steelbird Hi-Tech India Ltd.
18.1.3.1. Company Details
18.1.3.2. Products & Services
18.1.3.3. Recent Development
18.1.3.4. Key Management Personnel
18.1.4. Sai Group (Aerostar)
18.1.4.1. Company Details
18.1.4.2. Products & Services
18.1.4.3. Recent Development
18.1.4.4. Key Management Personnel
18.1.5. Ace Turtle Omni Pvt Ltd. (Wrangler)
18.1.5.1. Company Details
18.1.5.2. Products & Services
18.1.5.3. Recent Development
18.1.5.4. Key Management Personnel
18.1.6. Ergo Helmets and Accessories (Ergo)
18.1.6.1. Company Details
18.1.6.2. Products & Services
18.1.6.3. Recent Development
18.1.6.4. Key Management Personnel
18.1.7. Aaron Helmets Pvt. Ltd.
18.1.7.1. Company Details
18.1.7.2. Products & Services
18.1.7.3. Recent Development
18.1.7.4. Key Management Personnel
18.1.8. Eicher Motors Limited (Royal Enfield)
18.1.8.1. Company Details
18.1.8.2. Products & Services
18.1.8.3. Recent Development
18.1.8.4. Key Management Personnel
18.1.9. TECH DESIGN TEAM, S.L. (LS2)
18.1.9.1. Company Details
18.1.9.2. Products & Services
18.1.9.3. Recent Development
18.1.9.4. Key Management Personnel
18.1.10. HengDa Racing Ltd (THH)
18.1.10.1. Company Details
18.1.10.2. Products & Services
18.1.10.3. Recent Development
18.1.10.4. Key Management Personnel
19. STRATEGIC RECOMMENDATIONS/ACTION PLAN
20. ABOUT US & DISCLAIMER
Note: The data given for any year represents the market during the fiscal year, i.e., 1st April to 31st March of that year. e.g., For 2023, the data represents the period, 1st April 2022 to 31st March 2023.
(Note: The companies list can be customized based on the client requirements.)
