Dublin, Jan. 09, 2025 (GLOBE NEWSWIRE) — The “Motorcycle Helmet Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering.
The Motorcycle Helmet Market was valued at USD 2.42 Billion in 2023, and is expected to reach USD 3.59 Billion by 2029, rising at a CAGR of 6.79%
The global motorcycle helmet market is driven by trends such as the growing demand for customizable and aesthetically appealing helmets, the adoption of lightweight and eco-friendly materials, the expansion of e-commerce platforms with innovative technologies like AR for virtual fitting, and the rising popularity of versatile modular and multi-purpose helmets. These trends reflect evolving consumer preferences for safety, sustainability, and functionality while highlighting the industry’s shift towards enhanced convenience and personalization.
The surge in motorcycle sales in emerging economies, including India, China, and Southeast Asian nations, is a key driver of the global motorcycle helmet market. These regions witness a booming two-wheeler market due to factors such as increasing urbanization, affordable pricing of motorcycles compared to cars, and lack of advanced public transportation systems.
With higher motorcycle ownership, there is a proportional rise in the demand for helmets as a safety necessity. Governments in these regions are enforcing stricter helmet laws to curb fatalities, further propelling market growth. For instance, India has mandated helmets for both riders and pillion passengers under the Motor Vehicles Act, driving up helmet purchases significantly.
Globally, increasing awareness about road safety and the implementation of stringent helmet-wearing regulations are significant growth drivers. Governments and non-governmental organizations are launching awareness campaigns to highlight the importance of helmets in reducing head injuries during accidents.
Developed regions like North America and Europe & CIS have well-established safety standards, such as DOT (Department of Transportation) and ECE (Economic Commission for Europe & CIS) certifications, ensuring high-quality helmets in the market. Simultaneously, emerging economies are adopting similar standards to enhance safety compliance. These efforts not only promote helmet usage but also push manufacturers to innovate and produce helmets that meet regulatory norms, fostering market expansion.
Advancements in helmet technology are reshaping the global motorcycle helmet market. Modern helmets now incorporate features such as Bluetooth connectivity, integrated cameras, and advanced ventilation systems, enhancing the riding experience while ensuring safety. Smart helmets equipped with augmented reality (AR) and heads-up displays (HUD) provide riders with real-time navigation, traffic updates, and communication features, gaining popularity among tech-savvy consumers. The trend of incorporating safety with convenience is attracting a broader consumer base, including professional riders and daily commuters, driving market growth further.
The rising popularity of motorcycle sports and tourism is another crucial factor fueling the demand for helmets globally. Events like MotoGP, Superbike World Championship, and cross-country rallies have spurred interest in motorcycles as a lifestyle choice, especially among younger demographics. This enthusiasm extends to adventure and leisure biking, which often requires specialized helmets for varying terrains and weather conditions.
Manufacturers are addressing this niche demand by introducing helmets tailored to specific activities, such as off-road biking or long-distance touring. Additionally, partnerships between motorcycle brands and helmet manufacturers for branded safety gear have boosted sales, further solidifying helmets as an essential accessory for motorcycling enthusiasts.
Material Type Insights
The Plastics segment dominated the global motorcycle helmet market due to their affordability, availability, and adequate safety features. Plastics helmets are commonly found in entry-level and mid-range segments, making them the most widely used type worldwide. Their ability to withstand impact, ease of production, and lower manufacturing costs make them accessible to a broader consumer base.
This affordability, coupled with regulatory safety standards, has contributed to their widespread adoption in both developed and developing regions. While premium helmets made from fiberglass or carbon fiber are popular among enthusiasts, plastic helmets remain the most dominant and cost-effective choice.
Regional Insights
The Asia Pacific region is the dominating segment in the global motorcycle helmet market, driven by the high demand for motorcycles and scooters in emerging economies such as India, China, and Southeast Asia. The region’s rapid urbanization, growing middle-class population, and increasing disposable income have fueled motorcycle ownership, leading to a higher demand for helmets.
Additionally, government regulations mandating helmet usage in many countries, coupled with rising awareness of road safety, have further contributed to the growth. With a large base of both production and consumption, Asia Pacific continues to lead the market in terms of sales volume and growth potential.
Key Attributes:
Report Attribute | Details |
No. of Pages | 180 |
Forecast Period | 2023 – 2029 |
Estimated Market Value (USD) in 2023 | $2.42 Billion |
Forecasted Market Value (USD) by 2029 | $3.59 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |
Report Scope:
Key Market Players
- Dainese SpA
- HJC EUROPE S.A.R.L.
- Shoei Co. Ltd
- Arai Helmet Ltd.
- Alpinestars S.p.A
- Schuberth GmbH
- Vista Outdoor Inc., (Bell Helmet)
- STUDDS Accessories Limited
- Eicher Motors Limited
- Caberg S.p.a.
Motorcycle Helmet Market, By Material Type:
- Fiber Glass
- Carbon Fiber
- Plastics
- Others
Motorcycle Helmet Market, By Distribution Channel:
Motorcycle Helmet Market, By End-User:
Motorcycle Helmet Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe & CIS
- France
- Germany
- Spain
- Italy
- United Kingdom
- Asia-Pacific
- China
- Japan
- India
- Vietnam
- South Korea
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Kuwait
- Egypt
- South America
- Brazil
- Argentina
- Colombia
For more information about this report visit https://www.researchandmarkets.com/r/tqnsg7
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