Global Cycling Helmet Market – Industry Trends and Forecast to 2030

The Cycling Helmet market is experiencing robust expansion, with market size projected to increase from XX billion in 2024 to xx billion by 2030, demonstrating a consistent year-over-year growth rate of 3.6%. Cycling Helmet Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Road Helmets, Sports Helmets, MTB Helmets), by applications (Sports/Adventure, Daily Transportation) And regions (North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2030

The market under analysis is the global cycling helmet market—this includes all activities from the design to the wearer's head. These helmets are safety equipment that, in most instances, enhance the chances of avoiding head injuries in case of accidents. Several factors motivate the market, including the heightening use of bicycles, increasing safety consciousness among the users, and the enforcement of rules that require the use of a helmet. With the provision of creative and fashionable bicycle helmets, the demand for such helmets is anticipated to rise as cycling gains further acceptance as a transport and leisure activity.

Cycling Helmet Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 3.6%
By Product Type	Road Helmets, Sports Helmets, MTB Helmets
Key Market Players	ABUS AUGUST BREMICKER SÖHNE KG Dorel GIRO SPORT DESIGN KASK s.p.a Lazersport MET-Helmets Moon Helmet POC Sports SCOTT Sports SA Specialized Bicycle Components Inc. Trek Bicycle Corporation Vista Outdoor
By Region	North America(United States.Canada.Mexico) South America(Brazil.Argentina.Chile.Rest of South America) Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe) Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific) MEA(Middle East.Africa)

Cycling Helmet Market Trends

The worldwide market for cycling helmets is undergoing noticeable transformations owing to the increasing emphasis on rider safety and the innovative designs of helmets. The increasing usage of bicycles baited people to use them for leisure as well as public transportation, which in turn led to an increased need for well-decorated and stylish helmets that also safeguard the head. Depending on the type of helmet, manufacturers are using improved materials like carbon fibre, impact foam, MIPS, and others to increase the safety features. These inventions suit both leisure and amateur cyclists who are in the market for advanced technology sports equipment. In addition, sustainability is also an emerging trend in the cycling helmet market, prompting many brands to consider green materials and manufacturing methods. More and more customers are addressing the concern with the environmental effects of the products, thus forcing the companies to use either biodegradable helmets or fully recyclable ones. There is also an increasing demand for performance attire that is light in weight but has an aerodynamic profile that promotes active use, particularly among sport racing cyclists. All these aspects are, in turn, creating an interesting and progressive market for cycling helmets around the world.

Cycling Helmet Market Leading Players

The key players profiled in the report are ABUS AUGUST BREMICKER SÖHNE KG, Dorel, GIRO SPORT DESIGN, KASK s.p.a, Lazersport, MET-Helmets, Moon Helmet, POC Sports, SCOTT Sports SA, Specialized Bicycle Components Inc., Trek Bicycle Corporation, Vista Outdoor

Growth Accelerators

The growth in the global cycling helmet market can be attributed to the heightened concern over cycling safety and the rise in cycling activities. Protective items, specifically helmets, have seen tremendous demand, as more people embrace cycling for work, workouts, or even leisure. With the help of campaigns, regulations, and safety standards, governments and cycling organizations have also taken up the initiative of promoting the wearing of helmets, increasing their uptake. Indeed, the growing concern about safety, especially in urban centres, where cycling is quickly becoming a preferred mode of travel, has been very instrumental to the growth of the market. Amidst all these, more and more people are buying eco-friendly products, which in turn encourages product design expansion. Most people are environmentalists today, and for this reason, many are embracing cycling instead of using motor vehicles. This has seen the growth in the market for helmets that are designed with sustainable raw materials as well as non-toxic and recyclable materials. All such new inventions help in making helmets more interesting to more people and therefore help in the widening of the market.

Cycling Helmet Market Segmentation analysis

The Global Cycling Helmet is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Road Helmets, Sports Helmets, MTB Helmets . The Application segment categorizes the market based on its usage such as Sports/Adventure, Daily Transportation. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The international cycling helmets market is expected to open doors worth USD 1.5 billion for players by the year 2029. This is because people are becoming more safety conscious while riding bicycles; there are more people taking up cycling as a sport and other fitness activities and campaigns by the government encouraging the wearing of helmets. The famous names include Bell Sports, Trek Bicycle Corporation, and Specialized Bicycle Components, which are all engaged in product development and strategic alliances to grow their businesses. The growth of e-commerce has also changed the distribution structure as online channels are favoured by most buyers who want variety and convenience in purchasing helmets. However, even with the healthy projection for the market, issues such as the premium pricing of advanced helmet technologies and cultural differences in helmet wearing remain. North America and Europe are the two leading regions in terms of market share due to their adoption of severe safety regulations and the existence of a well-pronounced cycling culture. However, the Asia-Pacific region is anticipated to grow at an even faster rate as more and more people start considering cycling as an environmentally friendly means of transportation.

Challenges In Cycling Helmet Market

The global cycling helmet market is faced with multiple constraints, most notably the lack of consumer awareness and education. Though wearing helmets has been shown to be effective in enhancing safety, certain categories of cyclists, such as the leisure ones, are reluctant to use them due to the false perceptions related to comfort, looks, and weight. A lot of them do not even realize the dangers they put themselves in when head protection is not worn. This is made worse by helmet laws that differ from region to region, making it more difficult for manufacturers to design acceptable products for the entire market. The perception that helmets are heavyweight and unattractive has further limited the adoption of helmets in certain sectors of the population. Another challenge is the competitive pressure and price sensitivity in the market. The cycling helmet market is characterized by a large number of brands competing in various price segments, from the low-cost basic models to expensive high-tech designs. Such unfriendly market conditions compounded by increased prices of raw materials affect the selling price and the ability of the firms to market their products as unique.

Risks & Prospects in Cycling Helmet Market

The global cycling helmet market offers a wide range of prospects as a result of the heightened safety consciousness and the rising trend of cycling for transportation and recreation. With the upsurge of cycling, which is becoming popular, especially in the urban areas, the need for helmets is increasing. In addition, governments and other authorities are enforcing more aggressive safety standards and encouraging cycling as an eco-friendly mode of transport, which is an additional driver of the market. Furthermore, the advancement of smart helmets in built-in technology, such as Bluetooth, GPS navigation, and safety sensors, is another opportunity. More and more cyclists are ‘connective’ these days, making the need for these helmets, which have additional features for comfort, tracking performance, and avoiding accidents, desirable. A rise in the use of e-bikes and adventure cycling activities as well creates demand for specially made helmets intended for faster speeds and sturdier use. These advancements present manufacturers with the chance to target certain segments of the market that include, but are not limited to, professional racers, e-bike riders, and mountain bikers, who all have specific forms of protective equipment they use.

Key Target Audience

The global cycling helmet market primarily targets average cyclists, be it for commuting or playing sports. As concern towards health, wellness, and nature grows, more individuals are turning towards cycling as a means of transport and enjoyment. Such segments seek helmets with adequate protection, comfort, and trend. Specifically, urban commuters struggle for safety during heavy traffic and prefer light, easy-to-use and airy helmets that can be worn during the rides of everyday activities. Recreational cyclists are concerned about performance and safety in equal measure and prefer helmets that are not just useful but attractive and customizable as well.,, Another apparent target audience encompasses professional and competitive riders, who are more likely to use performance helmets to achieve the best aerodynamics and comfort levels and advanced safety standards. Such consumers are usually ready to buy expensive helmets engineered with the latest technologies, like an advanced ventilation system, materials that resist impacts, and lightweight construction. Some in this group also prefer helmets with extra features such as increased protection at the back and adjustable fittings for comfort during any risky endeavours.

Merger and acquisition

The recent tendencies of mergers and acquisitions in the global cycling helmet industry point towards a change in strategies that seek to improve the product line as well as the market. Particularly in June 2021, Abus Ltd., a well-known brand involved in manufacturing bicycle security gadgets, purchased Maxi Studio S.R.L. This purchase was made by Abus in a bid to further strengthen its hold on the premium bicycle helmets category by bringing onboard Tanner’s capabilities when it comes to the production of high-end helmets, thus improving their range of products and production processes. These and other strategies point to a growing phenomenon of firms merging in order to tap into cutting-edge technology and advanced products in response to consumers insatiable thirst for high-quality protective wear in cycling. Furthermore, there are changes in the key factors of competition as companies are inclined towards innovation and collaboration. For example, Vista Outdoor, which manages several brands in the segment of outdoor products, confirmed in October 2023 that it has disposed of its leisure and sporting products business for USD 1.91 billion to Czechoslovak Group. This measure enables Vista Outdoor to focus on its primary business activities, whereas it opens ways for Czechoslovak Group to increase its cycling helmets market reach.