The global bicycle helmet market is estimated to grow at a CAGR of 4.5% during the forecast period. Bicycle helmet is important equipment that protects brain damage occurred due to bicycle accidents and is required in most cycling races. Bicycle helmets are designed to fit snugly over the head and can be fastened with a strap under the chin. Bicycle helmets are now lighter, more aerodynamic, and have superior ventilation owing to advances in technology. The market growth is driven by stringent road safety requirements.
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Cycling has grown in popularity as a recreational activity and as a sport. Bicycle helmets serve multiple functions, including head protection, improved visibility, weather protection, and the ability to accept communication devices. These are available in a variety of designs and colours to meet the needs of consumers. The majority of these helmets are made of EPS foam on the inside with a rigid outside shell. On impact, the EPS foam contracts and shields the skull. Recent study and development in bicycle helmets have demonstrated that helmets aid in avoiding rotational force during a crash. This reduces the possibility of a head injury. Waveney, SPIN, and MIPS technologies aid in minimizing rotational force during a crash.
Bicycles are an inexpensive and environmental friendly means of transportation. Cycling is an excellent kind of exercise for staying fit. Many people prefer to commute by bicycle. The rise in health awareness is critical in boosting the industry. The millennial generation’s preference for fitness and outdoor cycling activities is predicted to enhance the bicycle helmet industry. Increased bicycle riding events, and rising bicycle sales are all variables that are anticipated to lead to an increase in bicycle helmet sales during the forecast period.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape-Vista Outdoor Inc., Dorel Industries Inc., and Trek Bicycle Corp., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
Global Bicycle Helmet Market by Segments
By Type
- MTB Helmets
- Road Helmets
- Recreational Helmets
By Application
- Commuter and Recreation
- Sports Games
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