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Bike Helmet Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Dec 2021
  • Pages: 120
  • SKU: IRTNTR71822
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The bike helmet market share is expected to increase by USD 274.15 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.46%.

This bike helmet market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers bike helmet market segmentation by type (road helmets, sports helmets, and mountain bike (MTB) helmets) and geography (Europe, North America, APAC, South America, and MEA). The bike helmet market report also offers information on several market vendors, including Giant Bicycle India, KASK Spa, Limar Srl, Locatelli Spa, MET SPA, ORBEA S. COOP. LTDA., Rudy Project SpA, Specialized Bicycle Components Inc., Trek Bicycle Corp., and ZhuHai Safety Helmets MFG Co. Ltd. among others.

What will the Bike Helmet Market Size be During the Forecast Period?

Bike Helmet Market Size

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Bike Helmet Market: Key Drivers and Trends

The growing demand for safety bike equipment is notably driving the bike helmet market growth, although factors such as high cost of the helmets may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bike helmet market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Bike Helmet Market Driver

The growing demand and awareness for safety for bike equipment is one of the key factors driving the bike helmet market growth. Different countries have various safety requirements for bike riders. Furthermore, there has been a growth in the number of bikes on the roads due to growing fitness awareness. These factors have increased the sales of bike helmets. In addition, stringent laws for the use of bike helmets is further expected to support the bike helmet market growth during the forecast period.

Key Bike Helmet Market Challenge

The rising costs is a key challenge for the bike helmet market growth. The surge in the demand and innovations in the design for advanced safety is impacting the production cost of the helmets. These helmets are equipped with night-vision goggles and other features, making them pricey that is expected to hamper the bike helmet market growth during the forecast period.

This bike helmet market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Bike Helmet Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Giant Bicycle India
  • KASK Spa
  • Limar Srl
  • Locatelli Spa
  • MET SPA
  • ORBEA S. COOP. LTDA.
  • Rudy Project SpA
  • Specialized Bicycle Components Inc.
  • Trek Bicycle Corp.
  • ZhuHai Safety Helmets MFG Co. Ltd.

 

This statistical study of the bike helmet market encompasses successful business strategies deployed by the key vendors. The bike helmet market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The bike helmet market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Bike Helmet Market?

Bike Helmet Market Market segmentation by region

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44% of the market's growth will originate from Europe during the forecast period. The Netherlands, Denmark, and Germany are the key markets for bike helmet market in Europe. Market growth in this region will be slower than the growth of the market in North America and APAC.

The wide availability of cycling gear will facilitate the bike helmet market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Type Segments in the Bike Helmet Market?

Bike Helmet Market Segmentation

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The bike helmet market share growth by the road helmets segment will be significant during the forecast period. With a rise in the regulations, mandating the wearing of helmets for everyday travel in most nations is driving the sales of road helmets. Moreover, these road helmets have evolved in shapes and their constructions for advanced safety, the road helmet segment is expected to boost the bike helmet market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the bike helmet market size and actionable market insights on post COVID-19 impact on each segment.

 

Bike Helmet Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.46%

Market growth 2022-2026

$ 274.15 million

Market structure

Fragmented

YoY growth (%)

4.50

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 44%

Key consumer countries

US, The Netherlands, Denmark, Japan, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Giant Bicycle India, KASK Spa, Limar Srl, Locatelli Spa, MET SPA, ORBEA S. COOP. LTDA., Rudy Project SpA, Specialized Bicycle Components Inc., Trek Bicycle Corp., and ZhuHai Safety Helmets MFG Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Bike Helmet Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive bike helmet market growth during the next five years
  • Precise estimation of the bike helmet market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bike helmet industry across Europe, North America, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of bike helmet market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Road helmets - Market size and forecast 2021-2026
    • Sports helmets - Market size and forecast 2021-2026
    • Mountain bike (MTB) helmets - Market size and forecast 2021-2026
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2021-2026
      • North America - Market size and forecast 2021-2026
      • APAC - Market size and forecast 2021-2026
      • South America - Market size and forecast 2021-2026
      • MEA - Market size and forecast 2021-2026
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Giant Bicycle India
      • KASK Spa
      • Limar Srl
      • Locatelli Spa
      • MET SPA
      • ORBEA S. COOP. LTDA.
      • Rudy Project SpA
      • Specialized Bicycle Components Inc.
      • Trek Bicycle Corp.
      • ZhuHai Safety Helmets MFG Co. Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your sample now!
      Bike Helmet Market market growth will increase by $274.15 mn during 2022-2026.
      The bike helmet market market is expected to grow at a CAGR of 5.46% during 2022-2026.
      Technavio has segmented the bike helmet market market by type (Road helmets, Sports helmets, and Mountain bike (MTB) helmets) and geography (Europe, North America, APAC, South America, and MEA).
      Giant Bicycle India, KASK Spa, Limar Srl, Locatelli Spa, MET SPA, ORBEA S. COOP. LTDA., Rudy Project SpA, Specialized Bicycle Components Inc., Trek Bicycle Corp., ZhuHai Safety Helmets MFG Co. Ltd. are a few of the key vendors in the bike helmet market market.
      Europe will register the highest growth rate of 44% among the other regions. Therefore, the bike helmet market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      • US
      • The Netherlands
      • Denmark
      • Japan
      • Germany
      The key factors driving the bike helmet market market growth are:
      • growing demand for safety bike equipment
      The bike helmet market market vendors should focus on grabbing business opportunities from the road helmets segment as it accounted for the largest market share in the base year.
      • What are the key global market and the regional market share?
      • What are the revenue-generating key market segments?
      • What are the key factors driving and challenging this market’s growth?
      • Who are the key market vendors and their growth strategies?
      • What are the latest trends influencing the growth of this market?
      • What are the variables influencing the market growth in the primary regions?
      • What are the factors influencing the growth of the parent market?
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