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Bicycle Helmet Market Growth, Size, Share, and Overview 2034
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Bicycle Helmet Market Size By 2025?
The bicycle helmet market has grown steadily in recent years. It is estimated to rise from $0.85 billion in 2024 to $0.9 billion in 2025 at a CAGR of 6.4%. Growth in the historic period was supported by increasing health and fitness awareness, media attention on cycling safety, e-commerce development, higher disposable incomes, and the preference for cycling in congested cities.
How Big Is the Bicycle Helmet Market Size Expected to Grow by 2029?
The market size for bicycle helmets is set to experience significant expansion over the coming years. The market is projected to increase to $1.17 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%. The anticipated growth within this period is due to several factors including improved safety awareness, strict regulations requiring the use of helmets, a surge in the population of cyclists, growth of urban sectors, and the lasting nature and robustness of contemporary helmets. Key trends predicted for the forecast period involve advancements in helmet materials and structure, incorporation of communication and navigation facilities in helmets, a growing desire for custom helmet designs, the enhancement of cycling infrastructure, and collaborations with bicycle-making firms.
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Which Key Market Drivers Powering Bicycle Helmet Market Expansion and Growth?
The increasing interest in cycling is anticipated to fuel the expansion of the bicycle helmet market in the future. The act or sport of bicycle riding for travel, leisure, fitness, or competition is referred to as cycling. The rise in cycling can be attributed to its health advantages, environmental impacts and the expanding infrastructure that facilitates bike travel. Protective cycling helmets are necessary to shield bikers from head injuries in the event of mishaps or tumbles. For example, in August 2023, the British government website, GOV.UK, reported that in 2022, individuals in England completed approximately 0.9 billion cycling stages, averaging 15 journeys and 16 stages per person. Per their data, the typical individual cycled 57 miles, taking trips that averaged 3.6 miles in length and accounting for 1% of their total distance traveled. Hence, the burgeoning popularity of cycling is leading to the boom in the bicycle helmet market.
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Which Fast-Growing Trends Are Poised to Disrupt the Bicycle Helmet Market?
The bicycle helmet market is witnessing a growth in innovative product designs by major industry players, geared towards improving cyclists' safety and convenience. These include cable lock helmets, a new development that includes a built-in locking mechanism. This technology enables cyclists to attach their helmets to their bikes when not in use, thereby acting as a theft deterrent. For instance, Headlokt, an Australia-based bike helmet manufacturer, debuted a helmet in September 2023 that also doubles as a bike lock. This helmet boasts an integrated, retractable stainless-steel combination lock, which is both portable and adaptable, perfect for securing bikes, scooters, or skateboards. This helmet also meets various international bike helmet safety standards, and is authorized for sales in Australia, New Zealand, the US, and the EU. Furthermore, the helmet features a concealed compartment intended for housing a Bluetooth tracker.
What Are the Emerging Segments in the 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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Who Are the Global Leaders 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
Which are the Top Profitable Regional Markets for the Bicycle Helmet Industry?
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.
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