Report Code: CMI21705

Category: Consumer Goods

Report Snapshot

CAGR: 3%
700M
2021
777M
2022
1400M
2030

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Europe
Largest Market: Asia-Pacific

Major Players

  • Moon Helmet
  • Dorel
  • Vista Outdoor
  • Others

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Reports Description

According to Custom Market Insights (CMI), The Global Cycling Helmet Market was estimated at USD 700 million in 2021 and is expected to reach USD 777 million in 2022 and is anticipated to reach around USD 1400 million by 2030, growing at a CAGR of roughly 3% between 2022 and 2030.

Our research report offers a 360-degree view of the Cycling Helmet market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Cycling Helmet market.

  • A bike helmet is required to be worn along with other safety equipment since it significantly reduces the likelihood of a head injury by over 70%. However, the majority of riders still choose not to wear one, endangering their lives. Not wearing a bike helmet is linked to 63% of fatalities. It lessens the severity of injuries sustained in accidents.
  • Cycling events typically require participants to wear bicycle helmets, which are essential in preventing brain injuries in the event of bicycle accidents. Bicycle helmets can be fastened with a strap under the chin and fit snugly over the head.
  • With the rise of obesity and other ailments globally, cycling has been one of the most well-liked fads throughout the years and the most chosen method of exercise in linen. Growing environmental concerns also increase the number of cyclists worldwide, which has increased the need for various cycling helmets. In addition, rigorous regulations governing the use of cycle helmets will increase market growth in the upcoming years.
  • Modern bicycle helmets are lighter, more aerodynamic, and have superior ventilation due to advancements in technology. The global bicycle helmet market is anticipated to be driven by tight government laws and road safety standards around the world during the projected period.
  • Due to the lockdowns that have been implemented, the beginning of the COVID-19 pandemic and its aggressive outbreak has had an impact on the burgeoning businesses and industries in numerous countries. Additionally, international governments have implemented travel restrictions, company closures, and prohibitions. The demand from people who often use bicycles as their primary means of transportation was impacted.

Report Scope

The global Cycling Helmet market research report offers an in-depth analysis of the global market size, which is further segmented into the regional and country-level market size, and segmentation market growth. Also, it provides market share, sales analysis, competitive landscape, the impact of domestic and global market participants, trade regulations, value chain optimization, recent key developments, strategic market growth analysis, opportunities analysis, product launches, and technological innovations. The scope of the study includes market sizing and forecast for segmentation by, type, distribution channel, application, and geography.

Feature of the Report Details
Market Size in 2021 USD 700 Million
Projected Market Size in 2030 USD 1400 Million
Market Size in 2022 USD 777 Million
CAGR Growth Rate 3% CAGR (2022-2030)
Base Year 2023
Forecast Period 2024-2033
Prominent Players Moon Helmet, Dorel , Vista Outdoor, Trek Bicycle Corporation, ABUS AUGUST BREMICKER SÖHNE KG, POC Sports, SCOTT Sports SA, MET-Helmets, Specialized Bicycle Components Inc., GIRO SPORT DESIGN, Lazersport, KASK s.p.a, and Others
Key Segment By Type, Application, Distribution Channel, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Key Market Dynamics

  • Cycling has gained popularity and is now practiced for leisure or as a sport. In addition to providing head protection, bicycle helmets also increase visibility, provide shelter from the elements, and include space for communication devices.
  • To meet everyone’s needs, bicycle helmets are available in a variety of styles and hues. Most of these helmets are made of EPS foam on the inside and a rigid outside shell. On impact, the EPS foam compresses and safeguards the skull.
  • Recent developments in bicycle helmet research and technology have demonstrated that helmets reduce the rotational force that occurs after a crash. The possibility of a head injury is decreased. Technologies like MIPS, SPIN, and WaveCel assist in lowering rotational force during a crash.
  • An affordable and environmentally beneficial means of transportation is the bicycle. Cycling is a healthy type of exercise. Many people choose to commute by bicycle. An important factor driving the global bicycle helmet market is the increase in health awareness. The market for bicycle helmets is anticipated to grow as a result of millennials’ propensity for outdoor riding and fitness activities.
  • Worldwide cycling has increased as a result of growing environmental concerns. During the projection period, factors like increased bicycle sales, rising disposable income, rising purchasing power, and rising bicycle riding occasions are projected to increase the sale of bicycle helmets.

Global Cycling Helmet Market 2022–2030 (By Million)

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Europe Region Dominated the Cycling Helmet Market in 2021

  • The market’s dominant region will be Europe. It will be responsible for 44% of the market’s growth during the anticipated timeframe. The Netherlands, Denmark, and Germany dominate the cycling helmet market in Europe. Additionally, market expansion in this region will be slower than in North America and APAC. During the projection period, the expansion of the cycle helmet market in Europe will be driven by the accessibility of riding equipment.
  • Cycling helmet demand is increasing in Europe as a result of increased cycle production brought on by the industry’s strong players and a shift toward more environmentally friendly means of transportation. The expansion of the cycling helmet market in the European region is also being aided by the European road cycling championships and the need for cycling helmets for a safe and improved cycling experience.
  • Due to the popularity of sports among young people, Italy makes a considerable contribution and is potentially the fastest-growing market in the region. As a result of significant R&D efforts, more and more manufacturers are providing helmets that are intelligent and significantly more advanced than their competitors’ offerings. The most recent invention places LEDs on bike helmets that can be utilized at night. The European market will maintain its strength during the evaluation period thanks to a boom in product advancements and new launches by big companies.

Competitive Landscape

Due to the market’s extreme fragmentation, regional competitors may harm the operations of major firms by offering bicycle helmets at lower prices. In this highly competitive sector, manufacturers are competing for customers by creating helmets with distinctive features, designs, and colors. They are also competing on pricing.

The competitive landscape of the Cycling Helmet industry gives information about the competitors. The company’s financials, revenue generated, market potential, investment in R&D, global presence, new market initiatives, production capacities, production sites and facilities, company strengths and weaknesses, product release, product width and breadth, and application dominance are among the details that are included. The data points mentioned above only pertain to the companies’ market focus on Cycling Helmets.

Global Cycling Helmet Market 2022–2030 (By Application)

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  • 2021: The world’s first self-powered helmet with limitless energy, Omne Eternal, was unveiled by POC Sports. The helmet uses Powerfoyle, a cutting-edge light-harvesting substance that converts any light source into electrical power. The helmet also includes an on/off button and an autonomous, self-powered light that doesn’t require charging.

List of the prominent players in the global Cycling Helmet market:

  • Moon Helmet
  • Dorel
  • Vista Outdoor
  • Trek Bicycle Corporation
  • ABUS AUGUST BREMICKER SÖHNE KG
  • POC Sports
  • SCOTT Sports SA
  • MET-Helmets
  • Specialized Bicycle Components Inc.
  • GIRO SPORT DESIGN
  • Lazersport
  • KASK s.p.a

The global Cycling Helmet market is segmented as follows:

By Type

  • Road Helmets
  • Sports Helmets
  • MTB Helmets

By Application

  • Sports/Adventure
  • Daily Transportation

By Distribution Channel

  • Online
  • Offline

Global Cycling Helmet Market 2022–2030 (By Distribution Channel)

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By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Cycling Helmet Market, (2022 – 2030) (USD Million)
    • 2.2 Global Cycling Helmet Market : snapshot
  • Chapter 3. Global Cycling Helmet Market – Industry Analysis
    • 3.1 Cycling Helmet Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing trend in bicycle tourism
      • 3.2.2 Growing adoption of cycling as a recreational activity for physical and mental well-being
      • 3.2.3 Rising number of cycling tournaments.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Type
      • 3.7.2 Market attractiveness analysis By Application
      • 3.7.3 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Cycling Helmet Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Cycling Helmet Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Cycling Helmet Market – Type Analysis
    • 5.1 Global Cycling Helmet Market overview: By Type
      • 5.1.1 Global Cycling Helmet Market share, By Type, 2021 and 2030
    • 5.2 Road Helmets
      • 5.2.1 Global Cycling Helmet Market by Road Helmets, 2022 – 2030 (USD Million)
    • 5.3 Sports Helmets
      • 5.3.1 Global Cycling Helmet Market by Sports Helmets, 2022 – 2030 (USD Million)
    • 5.4 MTB Helmets
      • 5.4.1 Global Cycling Helmet Market by MTB Helmets, 2022 – 2030 (USD Million)
  • Chapter 6. Global Cycling Helmet Market – Application Analysis
    • 6.1 Global Cycling Helmet Market overview: By Application
      • 6.1.1 Global Cycling Helmet Market share, By Application, 2021 and 2030
    • 6.2 Sports/Adventure
      • 6.2.1 Global Cycling Helmet Market by Sports/Adventure, 2022 – 2030 (USD Million)
    • 6.3 Daily Transportation
      • 6.3.1 Global Cycling Helmet Market by Daily Transportation, 2022 – 2030 (USD Million)
  • Chapter 7. Global Cycling Helmet Market – Distribution Channel Analysis
    • 7.1 Global Cycling Helmet Market overview: By Distribution Channel
      • 7.1.1 Global Cycling Helmet Market share, By Distribution Channel, 2021 and 2030
    • 7.2 Online
      • 7.2.1 Global Cycling Helmet Market by Online, 2022 – 2030 (USD Million)
    • 7.3 Offline
      • 7.3.1 Global Cycling Helmet Market by Offline, 2022 – 2030 (USD Million)
  • Chapter 8. Cycling Helmet Market – Regional Analysis
    • 8.1 Global Cycling Helmet Market Regional Overview
    • 8.2 Global Cycling Helmet Market Share, by Region, 2021 & 2030 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Cycling Helmet Market, 2022 – 2030 (USD Million)
        • 8.3.1.1 North America Cycling Helmet Market, by Country, 2022 – 2030 (USD Million)
    • 8.4 North America Cycling Helmet Market, by Type, 2022 – 2030
      • 8.4.1 North America Cycling Helmet Market, by Type, 2022 – 2030 (USD Million)
    • 8.5 North America Cycling Helmet Market, by Application, 2022 – 2030
      • 8.5.1 North America Cycling Helmet Market, by Application, 2022 – 2030 (USD Million)
    • 8.6 North America Cycling Helmet Market, by Distribution Channel, 2022 – 2030
      • 8.6.1 North America Cycling Helmet Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.7. Europe
      • 8.7.1 Europe Cycling Helmet Market, 2022 – 2030 (USD Million)
        • 8.7.1.1 Europe Cycling Helmet Market, by Country, 2022 – 2030 (USD Million)
    • 8.8 Europe Cycling Helmet Market, by Type, 2022 – 2030
      • 8.8.1 Europe Cycling Helmet Market, by Type, 2022 – 2030 (USD Million)
    • 8.9 Europe Cycling Helmet Market, by Application, 2022 – 2030
      • 8.9.1 Europe Cycling Helmet Market, by Application, 2022 – 2030 (USD Million)
    • 8.10 Europe Cycling Helmet Market, by Distribution Channel, 2022 – 2030
      • 8.10.1 Europe Cycling Helmet Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Cycling Helmet Market, 2022 – 2030 (USD Million)
        • 8.11.1.1 Asia Pacific Cycling Helmet Market, by Country, 2022 – 2030 (USD Million)
    • 8.12 Asia Pacific Cycling Helmet Market, by Type, 2022 – 2030
      • 8.12.1 Asia Pacific Cycling Helmet Market, by Type, 2022 – 2030 (USD Million)
    • 8.13 Asia Pacific Cycling Helmet Market, by Application, 2022 – 2030
      • 8.13.1 Asia Pacific Cycling Helmet Market, by Application, 2022 – 2030 (USD Million)
    • 8.14 Asia Pacific Cycling Helmet Market, by Distribution Channel, 2022 – 2030
      • 8.14.1 Asia Pacific Cycling Helmet Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.15. Latin America
      • 8.15.1 Latin America Cycling Helmet Market, 2022 – 2030 (USD Million)
        • 8.15.1.1 Latin America Cycling Helmet Market, by Country, 2022 – 2030 (USD Million)
    • 8.16 Latin America Cycling Helmet Market, by Type, 2022 – 2030
      • 8.16.1 Latin America Cycling Helmet Market, by Type, 2022 – 2030 (USD Million)
    • 8.17 Latin America Cycling Helmet Market, by Application, 2022 – 2030
      • 8.17.1 Latin America Cycling Helmet Market, by Application, 2022 – 2030 (USD Million)
    • 8.18 Latin America Cycling Helmet Market, by Distribution Channel, 2022 – 2030
      • 8.18.1 Latin America Cycling Helmet Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Cycling Helmet Market, 2022 – 2030 (USD Million)
        • 8.19.1.1 The Middle-East and Africa Cycling Helmet Market, by Country, 2022 – 2030 (USD Million)
    • 8.20 The Middle-East and Africa Cycling Helmet Market, by Type, 2022 – 2030
      • 8.20.1 The Middle-East and Africa Cycling Helmet Market, by Type, 2022 – 2030 (USD Million)
    • 8.21 The Middle-East and Africa Cycling Helmet Market, by Application, 2022 – 2030
      • 8.21.1 The Middle-East and Africa Cycling Helmet Market, by Application, 2022 – 2030 (USD Million)
    • 8.22 The Middle-East and Africa Cycling Helmet Market, by Distribution Channel, 2022 – 2030
      • 8.22.1 The Middle-East and Africa Cycling Helmet Market, by Distribution Channel, 2022 – 2030 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 Moon Helmet
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Dorel
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Vista Outdoor
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Trek Bicycle Corporation
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 ABUS AUGUST BREMICKER SÖHNE KG
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 POC Sports
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 SCOTT Sports SA
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 MET-Helmets
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Specialized Bicycle Components Inc.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 GIRO SPORT DESIGN
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Lazersport
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 KASK s.p.a.
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
List Of Figures

Figures No 1 to 23

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

List of the prominent players in the global Cycling Helmet market:

  • Moon Helmet
  • Dorel
  • Vista Outdoor
  • Trek Bicycle Corporation
  • ABUS AUGUST BREMICKER SÖHNE KG
  • POC Sports
  • SCOTT Sports SA
  • MET-Helmets
  • Specialized Bicycle Components Inc.
  • GIRO SPORT DESIGN
  • Lazersport
  • KASK s.p.a
  • Others

FAQs

“Europe” region will lead the global Cycling Helmet market during the forecast period 2022 to 2030.

The key factors driving the market are growing trend in bicycle tourism, growing adoption of cycling as a recreational activity for physical and mental well-being and rising number of cycling tournaments.

The key players operating in the Cycling Helmet market are Moon Helmet, Dorel , Vista Outdoor, Trek Bicycle Corporation, ABUS AUGUST BREMICKER SÖHNE KG, POC Sports, SCOTT Sports SA, MET-Helmets, Specialized Bicycle Components Inc., GIRO SPORT DESIGN, Lazersport, KASK s.p.a.

The global Cycling Helmet market is expanding growth with a CAGR of approximately 3% during the forecast period (2022 to 2030).

The global Cycling Helmet market size was valued at USD 700 Million in 2021 and it is projected to reach around USD 1400 Million by 2030.

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