Press release
Bicycle Helmet Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends
Bicycle Helmet
The growing trend of cycling is predicted to fuel the expansion of the bicycle helmet market in the future. The pursuit of cycling, whether for transport, leisure, exercise, or competitive sports, is on the rise. This rise can be attributed to the health benefits of cycling, its eco-friendliness, and the increasing infrastructure that supports bicycle travel. The necessity of bicycle helmets in cycling is to shield cyclists from head injuries that might occur due to accidents or falls. For example, as revealed by GOV.UK, a government site in the UK, in 2023, English citizens clocked an estimated 0.9 billion individual cycling trips, averaging 15 journeys and 16 rounds apiece in 2022. The mean average found an individual cycling 57 miles, with each trip averaging 3.6 miles, accounting for 1% of their total travel distance. Consequently, the growing trend of cycling is instrumental in the rise of the bicycle helmet market.
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What growth opportunities are expected to drive the bicycle helmet market's CAGR through 2034?
The market size for bicycle helmets has seen significant growth in past years. The market is projected to expand from $0.85 billion in 2024 to $0.91 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.4%. Factors that have contributed to this historical growth include an increased focus on health and fitness, widespread media attention on cycling safety, the surge of e-commerce, growing disposable incomes, and the preference for cycling amid traffic congestion.
In the coming years, the size of the bicycle helmet market is projected to experience significant expansion, reaching $1.19 billion in 2029 with a compound annual growth rate (CAGR) of 7.0%. This growth during the forecasted period can be ascribed to factors such as heightened safety awareness, strict helmet use regulations, an increasing population of cyclists, extension of urban sectors, and the long-lasting and robust nature of contemporary helmets. Notable trends anticipated to emerge in this period are advances in helmet materials and style, helmet developments featuring communication and navigation tools, a surge in demand for custom helmet designs, the enhancement of cycling infrastructure, and collaborations with bicycle makers.
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What are the emerging trends shaping the future of the bicycle helmet market?
Market leaders in the bicycle helmet industry are introducing unique products like cable lock helmets, to improve safety and convenience for riders, thus boosting their popularity among cyclists. A cable lock helmet integrates a cable lock system within the helmet, enabling cyclists to attach their helmets to their bikes to deter theft when not in use. An example of this can be seen in September 2023, when Headlokt, a bicycle helmet manufacturer based in Australia, introduced a helmet that also serves as a bike lock. The helmet is equipped with a small, versatile stainless-steel combination lock that can be retracted and is adapted to secure bikes, scooters, or skateboards. The helmet meets multiple international bike helmet safety regulations and is allowed for sale in Australia, New Zealand, the United States, and the European Union. Moreover, it contains a concealed compartment to store a Bluetooth tracker.
Which growth-oriented segments of the bicycle helmet market are leading the industry's development?
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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What regions are leading the charge 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.
What companies are at the forefront of innovation 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
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What Is Covered In The Bicycle Helmet Global Market Report?
•Market Size Forecast: Examine the bicycle helmet market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the bicycle helmet market for a structured understanding.
•Key Players Overview: Analyze major players in the bicycle helmet market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bicycle helmet market.
•Segment Contributions: Evaluate how different segments drive overall growth in the bicycle helmet market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bicycle helmet market.
•Industry Challenges: Identify potential risks and obstacles affecting the bicycle helmet market.
•Competitive Landscape: Review strategic developments in the bicycle helmet market, including expansions, agreements, and new product launches.
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