Global Cycling Helmet Sales Market Report 2023

Cycling Helmets are useful as safety gear to prevent or minimize injuries to the head and brain in an uncontrolled environment during riding a bike. According to the US Consumer Product Safety Commission, about 900 people, including more than 200 children are killed annually in bicycle related incidents, and about 60 percent of these deaths involve a head injury. Cycling Helmets can help absorb impacts and save their life. A typical helmet has two main parts: a hard outer shell and a soft inner liner. The hard shell is designed to spread the force of an impact over a broader area so rider’s skull is less likely to fracture, while the soft liner is meant to squeeze inward and absorb the impact energy, so less of it is transmitted to rider’s head. Shells of Cycling Helmets are typically made of composite materials like fiberglass or lightweight carbon fiber, or very hard plastics such as polycarbonate or ABS. And liners are usually about 20cm (0.8 inches) thick and made of two layers of foam: a soft, bouncy layer that absorbs small bashes and bumps and a stiff layer that permanently deforms to absorb very hard impacts.

Market Analysis and Insights: Global Cycling Helmet Market

Due to the COVID-19 pandemic, the global Cycling Helmet market size is estimated to be worth US$ 685.9 million in 2022 and is forecast to a readjusted size of US$ 834.1 million by 2029 with a CAGR of 2.8% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, MTB Helmets accounting for % of the Cycling Helmet global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Commuter & Recreation segment is altered to an % CAGR throughout this forecast period.

The classification of bike helmet are MTB helmets, road helmets and recreational helmets, and the proportion of MTB helmets in 2019 is about 44.5%, road helmets account for over 33.5% of market.

Bike helmet is widely used in commuter & recreation and sport games. The most proportion of bike helmet is commuter & recreation, and proportion in 2019 is about 83.3%.

Europe is the largest consumption place, with a consumption market share over 34.6% in 2019. Following Europe, North America is the second largest consumption place with the consumption market share about 31.9%.

Market competition is intense. Vista Outdoor, Dorel, Giant, Trek Bicycle, KASK, Mavic, Merida, Specialized are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry. Vista Outdoor is absolutely the largest player holding 27.11% of market in 2019. Top 10 players account for over 60% of the total market.

Global Cycling Helmet Scope and Market Size

The global Cycling Helmet market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Cycling Helmet market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.


Segment by Type


MTB Helmets

Road Helmets

Recreational Helmets


Segment by Application


Commuter & Recreation

Sport Games

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Vista Outdoor

Dorel

Giant

Trek Bicycle

KASK

Mavic

Merida

Specialized

Uvex

Scott Sports

OGK KABUTO

MET

ABUS

POC

Urge

Lazer

Louis Garneau

Strategic Sports

LAS helmets

Fox Racing

Limar

Orbea

Rudy Project

Moon Helmet

SenHai Sports Goods

Shenghong Sports

GUB

One Industries

HardnutZ