What is the global market size of Motorcycle Helmet Market?

Motorcycle Helmet Market size was valued at USD 2.18 billion in 2021 and is poised to grow from USD 2.99 billion in 2022 to USD 3.88 billion by 2030, growing at a CAGR of 6.6% in the forecast period (2023-2030).

Motorcycle Helmet Market Size, Share, Growth Analysis, By End use(professional riders, commuters, recreational riders, and others), By Product-type(full-face helmets, open-face helmets, half helmets, modular helmets), By Material type(fiberglass, carbon fiber, polycarbonate, and thermoplastic), By Region - Industry Forecast 2025-2032

Report ID: SQMIG25J2027 | Region: Global | Published Date: July, 2024
Pages: 157 | Tables: 95 | Figures: 76

Motorcycle Helmet Market Dynamics

Drivers

Technological Advancement is Boosting Motorcycle Helmet Demand

The motorcycle helmet industry is driven by the constant development of innovative technologies and designs aimed at improving the safety and comfort of helmets. This has resulted in an increasing demand for newer and better helmets among motorcycle riders.
Availability of robust products is projected to encourage more demand in the coming years.

Restraints

Lack of Awareness and Misconception to Prevail in the Market

Although safety is of utmost importance, the comfort of wearing a motorcycle helmet also plays a significant role in its demand. It is misinterpreted that helmets are uncomfortable to wear and this makes helmet an unpopular choice for several riders.
Owing to this, the adoption of safety gears is likely to witness restraints in the market development

Motorcycle Helmet Market Report Snapshots

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Motorcycle Helmet Market size was valued at USD 2.18 billion in 2022 and is poised to grow from USD 2.99 billion in 2023 to USD 3.88 billion by 2031, growing at a CAGR of 6.6% in the forecast period (2024-2031).

The motorcycle helmet market is fiercely competitive, with multiple players striving to capture a larger market share. Key factors driving competition include pricing, quality, design, safety features, and brand recognition. Although the market is dominated by a few large players, several smaller ones are making headway by offering innovative and high-quality products at competitive prices. 'Bell Helmets', 'Arai Helmet, Ltd.', 'HJC America, Inc.', 'Shoei Co. Ltd.', 'Schuberth GmbH', 'AGV Helmets', 'Shark Helmets', 'Nolan Helmets S.p.A.', 'LS2 Helmets', 'Suomy S.r.l.', 'Shark Helmets', 'OGK Kabuto Co., Ltd.', 'KBC Helmets', 'Scorpion Sports, Inc.', 'Reevu Helmets Ltd.', 'Nexx Helmets', 'Momo Design S.r.l.', 'Zhejiang Jixiang Motorcycle Fittings Co., Ltd.', 'Nzi Helmets', 'AFX Helmets'

The motorcycle helmet industry is driven by the constant development of innovative technologies and designs aimed at improving the safety and comfort of helmets. This has resulted in an increasing demand for newer and better helmets among motorcycle riders.

Growth in Online Demand: The motorcycle helmet market has been affected by the growing trend of e-commerce, leading to an increase in the number of riders who prefer to purchase helmets online. Online retailers have expanded the market by offering a vast array of helmet options that cater to different needs and preferences. These e-commerce platforms also provide detailed product descriptions and customer reviews, which help riders make informed decisions when purchasing helmets online.

The motorcycle helmet market in the Asia-Pacific region is currently dominant and holds a significant share of the market revenue. The region's dominance can be attributed to the high demand for motorcycles in countries like India, China, and Indonesia. This demand has led to an increase in the growth of the motorcycle helmet market in the region. Additionally, government initiatives promoting road safety, mandatory helmet laws, and an increase in disposable income levels are also contributing to the growth of the market.

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Motorcycle Helmet Market Dynamics

Motorcycle Helmet Market Report Snapshots

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