Cycling Helmet Market: Segmented By Type (Road Helmet, Sports helmets, MTS Helmets): By Application (Daily Transportation and Sports Adventure): By Distribution (Online and Offline mode) Global Analysis by Market size, share & trends for 2020-2021 and forecasts to 2031
[172+ Pages Resarch Report] Cycling Helmet Market to surpass USD 874.91 million by 2031 from USD 713.89 million in 2021 at a CAGR of 2.05% within the coming years, i.e., 2021-31.
Product overview
Cycle Helmet is a vital accessory that prevents head injury in case of accidents among bicyclers and are imposed in most cycling events. Cycle helmets are a unique portion of protective equipment because they are mainly designed to fit the human head. Therefore, one size really does fit all in terms of cycle helmets. Cycling Helmet have many uses and this is what makes them so fancy. For example, these helmets can make cyclists more visible to motorists. They can also guard cyclists against the possibly deadly influences of bicycle crashes and collisions.
Market Highlights
The Cycling Helmet Market is predicted to project a notable CAGR of 2.05% in 2031.
Increased policies imposed by the government, safety measures by customers, and other factors fuel industry growth over the next ten years. Increased global infrastructure spending is expected to drive demand over the forecast period. In addition to industry growth, Cycling Helmet Market penetration is expected to rise above the forecast level. On the other hand, increasing Investment by the major players in new environmentally friendly techniques to produce Cycle Helmet will create more opportunities that will result in the growth of the Cycling Helmet Market over the forecast period.
Recent News and Development:
In December 2020, as a part of annual campaign the department conducts, the NCDOT In US, urged individuals to register for freecycling helmet to prevent bicycle accidents and deaths.
Cycling Helmet Market: Segments
Sports Helmet segment to grow with the highest CAGR during 2021-2031
By type, Bike Helmet market was categorized into Road Helmets, Sports Helmet, and MTS Helmets. The segment of Road Helmets is estimated for the largest market share. Many regulations requiring the use of helmets in day-to-day travel have boosted the development of the segment in many countries. Further, the regulation for manufacturers of helmets to deliver lightweight and safer goods would soar the market.
Daily Transportation segment to grow with the highest CSGR during 2021-2031
Depending on the application, the market is segmented into Daily Transportation and Sports Adventure. The Daily Transportation segment is estimated to be a major industrial glove market owing to the increase demand as everyday travel. The daily travel category accounted for a greater market share. The rising segment is motivated by the rising number of injuries and government regulations for the use of bike helmets for on-road bikers.
Cycling Helmet Market: Market Dynamics
Drivers
Government Policies
Government around the world are getting stricter and more concerned in terms of requiring people to wear helmets while cycling. This has been a major driver of growth in the market of the Bike Helmet. Growing purchasing power among the developing economies has also been an important component as has the number of new bike accidents in recent Market. Cycling helmets are becoming safer, smarter, and cooler to wear. All these factors lead to more protection for people who cycle regularly. All these factors life the Cycling Helmet markets.
Problem of Obesity
Consuming fast food and a busy schedule of customers does not let them work on themselves and this drives the consumer to get attracted towards market of cycle Helmet market. Obesity is a growing problem in a global society. Many in the middle classes see cycling as an effective and efficient way to kick obesity. They want and need cycling Helmet.
Restraints
Ignorance Among the Public
The market is highly fragmented and bicycle helmets available at cheaper prices offered by regional players might hamper the business of big players. Big players sell Cycling helmets at high cost and this is what has been keeping many would-be customers from making purchases. Another key restraint is ignorance among the public about the importance of cycling helmets for general biking safety.
Effects of COVID19 in the Cycling Helmet Market
A large number of Industrial Gloves companies felt the impact of the COVID19 pandemic in multiple dimensions and now emphasize sustained growth in the long-term future. The outlook in most economies makes Covid 19 uncertain. However, the market for motorcycles is gearing up due to the change in customer desire after the rising opening of markets and quick lockdown steps, as people reject public modes of transport and developed nations in the region favor motorcycles over other vehicles.
Cycling Helmet Market: Key Players
Polisport Plasticos SA
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Vista Outdoor Operations LLC
Specialized Bicycle Components
Dorel sports
Uvex Sports
Trek Bicycle Corporation
MET-Helmets
Limar Srl
Orbea
SCOTT Sports SA.
Other prominent players
Cycling Helmet Market: Regions
Cycling Helmet Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific and the Middle East, and Africa. Europe dominates the Cycling Helmet Market due to stringent regulations regarding the safety of people and working individuals. Major producers are investing heavily in developing countries.
Cycling Helmet Market is further segmented by region into:
North America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-United States and Canada
Latin America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR- United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Cycling Helmet Market report also contains analysis on:
Cycling Helmet Market Segments:
By Type
Road Helmet
Sports helmets
MTS Helmets
By Distribution Type
Online mode
Offline mode
By Application
Daily Transportation
Sports Adventure
Cycling Helmet Market Dynamics
Cycling Helmet Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value chain of the Market
Market Drivers and Restraints
Cycling Helmet Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 713.89 million
Revenue forecast in 2031 USD 874.91 million
Growth Rate CAGR of 2.05% from 2021 to 2031
Base year for estimation 2021
Quantitative units Revenue in USD million and CAGR from 2021 to 2031
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Product Type, By Application, Distribution Type, and Region
Region scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)
Key companies profiled Vista Outdoor Operations LLc, Specialized Bicycle Components, Dorel sports, Uvex Sports, Trek Bicycle Corporation, MET-Helmets, Limar Srl, Orbea, SCOTT Sports SA.
Product overview
Cycle Helmet is a vital accessory that prevents head injury in case of accidents among bicyclers and are imposed in most cycling events. Cycle helmets are a unique portion of protective equipment because they are mainly designed to fit the human head. Therefore, one size really does fit all in terms of cycle helmets. Cycling Helmet have many uses and this is what makes them so fancy. For example, these helmets can make cyclists more visible to motorists. They can also guard cyclists against the possibly deadly influences of bicycle crashes and collisions.
Market Highlights
The Cycling Helmet Market is predicted to project a notable CAGR of 2.05% in 2031.
Increased policies imposed by the government, safety measures by customers, and other factors fuel industry growth over the next ten years. Increased global infrastructure spending is expected to drive demand over the forecast period. In addition to industry growth, Cycling Helmet Market penetration is expected to rise above the forecast level. On the other hand, increasing Investment by the major players in new environmentally friendly techniques to produce Cycle Helmet will create more opportunities that will result in the growth of the Cycling Helmet Market over the forecast period.
Recent News and Development:
In December 2020, as a part of annual campaign the department conducts, the NCDOT In US, urged individuals to register for freecycling helmet to prevent bicycle accidents and deaths.
Cycling Helmet Market: Segments
Sports Helmet segment to grow with the highest CAGR during 2021-2031
By type, Bike Helmet market was categorized into Road Helmets, Sports Helmet, and MTS Helmets. The segment of Road Helmets is estimated for the largest market share. Many regulations requiring the use of helmets in day-to-day travel have boosted the development of the segment in many countries. Further, the regulation for manufacturers of helmets to deliver lightweight and safer goods would soar the market.
Daily Transportation segment to grow with the highest CSGR during 2021-2031
Depending on the application, the market is segmented into Daily Transportation and Sports Adventure. The Daily Transportation segment is estimated to be a major industrial glove market owing to the increase demand as everyday travel. The daily travel category accounted for a greater market share. The rising segment is motivated by the rising number of injuries and government regulations for the use of bike helmets for on-road bikers.
Cycling Helmet Market: Market Dynamics
Drivers
Government Policies
Government around the world are getting stricter and more concerned in terms of requiring people to wear helmets while cycling. This has been a major driver of growth in the market of the Bike Helmet. Growing purchasing power among the developing economies has also been an important component as has the number of new bike accidents in recent Market. Cycling helmets are becoming safer, smarter, and cooler to wear. All these factors lead to more protection for people who cycle regularly. All these factors life the Cycling Helmet markets.
Problem of Obesity
Consuming fast food and a busy schedule of customers does not let them work on themselves and this drives the consumer to get attracted towards market of cycle Helmet market. Obesity is a growing problem in a global society. Many in the middle classes see cycling as an effective and efficient way to kick obesity. They want and need cycling Helmet.
Restraints
Ignorance Among the Public
The market is highly fragmented and bicycle helmets available at cheaper prices offered by regional players might hamper the business of big players. Big players sell Cycling helmets at high cost and this is what has been keeping many would-be customers from making purchases. Another key restraint is ignorance among the public about the importance of cycling helmets for general biking safety.
Effects of COVID19 in the Cycling Helmet Market
A large number of Industrial Gloves companies felt the impact of the COVID19 pandemic in multiple dimensions and now emphasize sustained growth in the long-term future. The outlook in most economies makes Covid 19 uncertain. However, the market for motorcycles is gearing up due to the change in customer desire after the rising opening of markets and quick lockdown steps, as people reject public modes of transport and developed nations in the region favor motorcycles over other vehicles.
Cycling Helmet Market: Key Players
Polisport Plasticos SA
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Vista Outdoor Operations LLC
Specialized Bicycle Components
Dorel sports
Uvex Sports
Trek Bicycle Corporation
MET-Helmets
Limar Srl
Orbea
SCOTT Sports SA.
Other prominent players
Cycling Helmet Market: Regions
Cycling Helmet Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific and the Middle East, and Africa. Europe dominates the Cycling Helmet Market due to stringent regulations regarding the safety of people and working individuals. Major producers are investing heavily in developing countries.
Cycling Helmet Market is further segmented by region into:
North America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-United States and Canada
Latin America Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR- United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR-India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Cycling Helmet Market report also contains analysis on:
Cycling Helmet Market Segments:
By Type
Road Helmet
Sports helmets
MTS Helmets
By Distribution Type
Online mode
Offline mode
By Application
Daily Transportation
Sports Adventure
Cycling Helmet Market Dynamics
Cycling Helmet Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value chain of the Market
Market Drivers and Restraints
Cycling Helmet Market Report Scope and Segmentation
Report Attribute Details
Market size value in 2021 USD 713.89 million
Revenue forecast in 2031 USD 874.91 million
Growth Rate CAGR of 2.05% from 2021 to 2031
Base year for estimation 2021
Quantitative units Revenue in USD million and CAGR from 2021 to 2031
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Product Type, By Application, Distribution Type, and Region
Region scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA)
Key companies profiled Vista Outdoor Operations LLc, Specialized Bicycle Components, Dorel sports, Uvex Sports, Trek Bicycle Corporation, MET-Helmets, Limar Srl, Orbea, SCOTT Sports SA.
1. EXECUTIVE SUMMARY
2. CYCLING HELMET MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. CYCLING HELMET MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. CYCLING HELMET MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. CYCLING HELMET MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Product Type: Market Share (2020-2030F)
12.2.1. Road Helmet, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Sports helmets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. MTS Helmets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Distribution Channel Type: Market Share (2020-2030F)
12.3.1. Online Mode, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Offline Mode, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Application Type: Market Share (2020-2030F)
12.4.1. Daily Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Sports Adventure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13 COMPANY PROFILE
13.1. Polisport plasticos SA
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Vista Outdoor Operations LLc
13.3. Specialized Bicycle Components
13.4. Dorel sports
13.5. Uvex Sports
13.6. Trek Bicycle Corporation
13.7. MET-Helmets
13.8. Limar Srl
13.9. Other Prominent Players
14 CONSULTANT RECOMMENDATION
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
2. CYCLING HELMET MARKET
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. RESEARCH METHODOLOGY
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. AVERAGE PRICING ANALYSIS
5. MACRO-ECONOMIC INDICATORS
6. MARKET DYNAMICS
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. CORRELATION & REGRESSION ANALYSIS
7.1. Correlation Matrix
7.2. Regression Matrix
8. RECENT DEVELOPMENT, POLICIES & REGULATORY LANDSCAPE
9. RISK ANALYSIS
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. CYCLING HELMET MARKET ANALYSIS
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. CYCLING HELMET MARKET
11.1. Market Size & forecast, 2020A-2030F
11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. CYCLING HELMET MARKET: MARKET SEGMENTATION
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2. By Product Type: Market Share (2020-2030F)
12.2.1. Road Helmet, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.2. Sports helmets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.2.3. MTS Helmets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3. By Distribution Channel Type: Market Share (2020-2030F)
12.3.1. Online Mode, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.3.2. Offline Mode, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4. By Application Type: Market Share (2020-2030F)
12.4.1. Daily Transportation, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12.4.2. Sports Adventure, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
13 COMPANY PROFILE
13.1. Polisport plasticos SA
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Vista Outdoor Operations LLc
13.3. Specialized Bicycle Components
13.4. Dorel sports
13.5. Uvex Sports
13.6. Trek Bicycle Corporation
13.7. MET-Helmets
13.8. Limar Srl
13.9. Other Prominent Players
14 CONSULTANT RECOMMENDATION
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
