What Fueled The Previous Growth In The Bicycle Helmet Market?
The bicycle helmet market has seen considerable growth due to a variety of factors.
• The bicycle helmet market has seen notable growth in recent years. It is projected to rise from $0.85 billion in 2024 to $0.91 billion in 2025, at a CAGR of 7.4%.
The growth is driven by the growing focus on cycling safety, increased media coverage, the rise in disposable income, and the preference for cycling over congested roads.
What Is The Expected Growth In The Bicycle Helmet Market Size Evolve over the Forecast Period?
The bicycle helmet market is expected to maintain its strong growth trajectory in upcoming years.
• The bicycle helmet market is expected to grow strongly, reaching $1.19 billion by 2029 at a CAGR of 7.0%.
Growth is driven by increased awareness of safety, helmet use regulations, and a rise in cycling activity. Key trends include material and design innovation, communication and navigation features in helmets, personalized helmet designs, and collaborations with bicycle manufacturers.
What Main Forces Are Fueling Expansion In The Bicycle Helmet Market?
The increasing popularity of cycling is expected to accelerate the growth of the bicycle helmet market. With cycling's health and environmental benefits, along with growing infrastructure for bike travel, helmets are becoming essential for safety. According to GOV.UK, people in England cycled an estimated 0.9 billion stages in 2022, highlighting the sport's popularity. Therefore, the growing number of cyclists is contributing to the expansion of the bicycle helmet market.
What Are The Primary Segments In The Global Bicycle Helmet Market?
The bicycle helmet market covered in this report is segmented –
1) By Type: Road Helmets, Sports Helmets, Mountain Bike Helmets
2) By Distribution Channel: Hypermarket And Supermarket, Sports Store, Online Channel, Other Distribution Channels
3) By Application: Sports Or Adventure, Daily Transportation
Subsegments:
1) By Road Helmets: Aero Road Helmets, Lightweight Road Helmets, Ventilated Road Helmets, Endurance Road Helmets
2) By Sports Helmets: Multi-Sport Helmets, Triathlon Helmets, Urban/Commuter Sports Helmets, Skateboarding And BMX Helmets
3) By Mountain Bike Helmets: Full-Face Mountain Bike Helmets, Enduro Mountain Bike Helmets, Trail Mountain Bike Helmets, All-Mountain/Downhill Mountain Bike Helmets
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Which Emerging Market Trends Are Altering The Bicycle Helmet Industry?
Companies in the bicycle helmet market are developing products like cable lock helmets to enhance safety and convenience. For example, in September 2023, Headlokt, an Australia-based helmet manufacturer, launched a helmet that doubles as a bike lock. The helmet features an integrated retractable stainless-steel combination lock and complies with international safety standards, offering secure storage and protection against theft.
Who Are the Key Players In The Bicycle Helmet Market?
Major companies operating in the bicycle helmet market are:
• Trek Bicycle Corporation
• Abus Ltd.
• Uvex Safety Ltd.
• Specialized Bicycle Components Inc.
• Smith Optics
• Fox Racing Inc.
• Orbea Sociedad Cooperativa
• Leatt Corp.
• Bell Sports Inc.
• POC Sports
• Liv Cycling
• Troy Lee Designs
• Schwinn Bikes
• Scott Sports SA
• Louis Garneau Sports Inc.
• BBB Cycling
• Kali Protectives LLC
• Triple 8
• Bontrager Ltd.
• Lazer Helmets
• Melon World GmbH
• Giro
• Bern Unlimited
• MET Helmets
• Catlike Sport Components
What Is The Most Dominant Region In The Bicycle Helmet Market?
Europe was the largest region in the bicycle helmet market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bicycle helmet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
