BICYCLE HELMET MARKET ANALYSIS

Bicycle Helmet Market – By Product Type (Road Cycling Helmet, Mountain Cycling Helmet, and Others (Fitness Cycling, etc.)), by Distribution Channel (Hypermarket and Supermarket, Sports Store, Online Channel, and Others (Departmental Store, Convenience Store, etc.)), and by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Market Outlook:

Rising awareness about safety gears is expected to drive growth of the bicycle helmet market over the forecast period. According to a research study, ‘Bicycle helmets – To wear or not to wear? A meta-analyses of the effects of bicycle helmets on injuries ’ published by journal of Accident Analysis and Prevention in 2018, use of bicycle helmets was found to reduce head injury by 48%, serious head injury by 60%, traumatic brain injury by 53%, face injury by 23%, and the total number of cyclists that died or who were seriously injured by 34%.
Moreover, according to the Insurance Institute for Highway Safety, in 2017, 777 bicyclist deaths were reported in the U.S., of which 54% of bicyclists were not wearing helmets. Therefore, increasing number of bicycle accidents and rising awareness about use of helmets while riding bicycle is expected to increase demand for bicycle helmet over the forecast period.