What is Global Motorcycle Helmet Market?
The Global Motorcycle Helmet Market is a comprehensive study of the various aspects of the motorcycle helmet industry on a global scale. This market encompasses the production, distribution, and consumption of motorcycle helmets worldwide. Motorcycle helmets are a crucial safety gear for riders, designed to protect the head from injuries in case of an accident. The market for these helmets is influenced by several factors, including government regulations, consumer awareness about road safety, technological advancements, and the overall growth of the motorcycle industry. The market is also segmented based on the type of helmets, their usage, and the sales channel. The Global Motorcycle Helmet Market is a dynamic and competitive field, with several key players striving to offer innovative and high-quality products to meet the evolving needs and preferences of the consumers. The market trends, growth factors, challenges, opportunities, and other critical aspects of this market are thoroughly analyzed in the Global Motorcycle Helmet Market report.
Full Face Helmet, Open Face Helmet, Half Helmet, Off-Road Helmet in the Global Motorcycle Helmet Market:
The Global Motorcycle Helmet Market is segmented into Full Face Helmet, Open Face Helmet, Half Helmet, and Off-Road Helmet. The Full Face Helmet offers complete coverage of the head and face, providing maximum protection. It is the most popular type of helmet, preferred by riders for its safety features and comfort. The Open Face Helmet, on the other hand, covers the top, back, and sides of the head but leaves the face exposed. This type of helmet is popular for its convenience and ease of use. The Half Helmet, as the name suggests, covers only half of the head, providing minimal protection. It is often chosen for its lightweight and stylish design. The Off-Road Helmet is specifically designed for off-road biking, with features like superior ventilation, sun peak, and extended chin bar. Each of these helmet types caters to different needs and preferences of the riders, contributing to the diversity and growth of the Global Motorcycle Helmet Market.
Offline, Online in the Global Motorcycle Helmet Market:
The Global Motorcycle Helmet Market is also segmented based on the sales channel into Offline and Online. The Offline segment includes physical stores like specialty stores, supermarkets, and others. These stores offer the advantage of touch-and-feel, which is crucial while buying a helmet. Consumers can try on different helmets to check the fit and comfort before making a purchase. The Online segment, on the other hand, includes e-commerce websites and online retailers. The convenience of shopping from home, wide range of options, easy price comparisons, and home delivery are some of the factors driving the growth of online sales of motorcycle helmets. However, the lack of physical examination of the product is a challenge in online sales. Both these sales channels have their own strengths and weaknesses, and they play a significant role in shaping the Global Motorcycle Helmet Market.
Global Motorcycle Helmet Market Outlook:
The Global Motorcycle Helmet Market, which was valued at US$ 22260 million in 2022, is expected to reach US$ 3374.2 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period of 2023-2029. The market is dominated by the top 5 manufacturers, who collectively hold a market share of about 40%. In terms of product segmentation, the Full Face Helmet is the largest segment, accounting for about 60% of the market. This data provides a clear picture of the current state of the Global Motorcycle Helmet Market, highlighting the significant role of the leading manufacturers and the dominance of the Full Face Helmet in the market.
Report Metric | Details |
Report Name | Motorcycle Helmet Market |
Accounted market size in 2023 | US$ 2400.3 million |
Forecasted market size in 2029 | US$ 3374.2 million |
CAGR | 5.8 |
Base Year | 2023 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Segment by Region |
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By Company | Shoei, Bell Helmet, Shark, HJC, Arai, JDS, Studds, Schuberth, YOHE, Nolan Group, YEMA, AGV, Airoh, Pengcheng Helmets, JIX helmets, PT. Tarakusuma Indah, OGK Kabuto, LAZER, Chin Tong Helmets, Nanhai Xinyuan Helmets, NZI, Suomy |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |