Bicycle Helmet Market: Taking New Steps to Meet the Challenges and Enter in Industry

A bicycle helmet, also known as a DOT-approved helmet, is a kind of helmet designed especially to attenuate violent impacts to a cyclist's head in falls when minimizing other side effects like glare from the sun. This particular feature makes it a good option to wear during the day. However, this does not mean that it should be the only piece of headgear during a bicycle trip. It is recommended that cyclists wear at least one other piece of headgear such as a reflective jacket or a reflective shield if they want to make themselves more visible to others on the road.

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Key players operating in the global bicycle helmet market include Trek Bicycle Corporation, Specialized Bicycle Components, Uvex Group, Limar, ABUS August Bremicker Söhne Kg, Hardnutz Ltd., Shenzhen ShenghongSports Co., Ltd., Airoh Helmet –Locatelli S.p.A, OrbeaS. Coop, and S.EL.EV. S.r.l.

Bicycles are a great way of transport, which is budget-friendly and environment friendly, as well as they, provide adequate exercise for the body. However, these two-wheelers can pose health risks if proper precautions are not taken. In the last few years, there have been innumerable bicycle accidents, which have even led to death, all across the globe. For instance, according to Insurance Institute for Highway Safety, in 2019, there were around 843 deaths related to bicycle accidents. This is augmenting the demand in the global bicycle helmet market. Moreover, the increased production of bicycles worldwide is also fuelling the growth of the market.

The typical bicycle helmets sold today are made from either polystyrene or foam. Polystyrene, a flexible but hard plastic, is the preferred material because it is lightweight and relatively inexpensive. Meanwhile, the foam has the benefit of having the highest shock absorption capability among all the foam materials available. This means that a bicycle helmet that is made from this material will provide the greatest amount of protection during a fall. However, negligence related to the use of safety features while riding a bicycle is the main restraining factor affecting the growth of the global bicycle helmet market.

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Owing to the large production of bicycles in Europe, the region is witnessing tremendous growth in the global bicycle helmet market. For instance, according to the Association of Cycle Traders, in 2020, there were almost 7.5 million cyclists in England. While the increasing number of cycle championships in North America is resulting in increasing demand in the global bicycle helmet market. Owing to all these factors there have been some significant industrial developments in the global bicycle helmet market. For instance, in August 2020, HEXR launched the new Voronoi bicycle helmet that is made in a parametric design. Likewise in March 2019, trek and Bontrager introduced an advanced technology incorporated helmet called WaveCel.

Market Taxonomy:

On the basis of product type, the global bicycle helmet market is segmented into:

Road Cycling Helmet
Mountain Cycling Helmet
Others (Fitness Cycling, etc.)
On the basis of distribution channel, the global bicycle helmet market is segmented into:

Hypermarket & Supermarket
Sports Store
Online Channel
Others (Departmental Store, Convenience Store, etc.)

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