Motorcycle Helmet Market Snapshot (2023 to 2033)

The global motorcycle helmet market is expected to achieve an impressive valuation of USD 2.7 Billion in 2023. It is anticipated to reach a market valuation of USD 5.3 Billion by the end of the forecast period while exhibiting a CAGR of 7.1% from 2023 to 2033.

The increasing awareness regarding road safety is anticipated to fuel product demand. Moreover, an increasing number of motorbike and sports bike enthusiasts and rising concerns regarding road traffic injuries across the globe are expected to augment the adoption of two-wheeler helmets during the forecast period. Road traffic accidents have become a great challenge for government authorities in terms of efforts and finding sustainable solutions for effective prevention. As per the report published by the United Nations Motorcycle Helmet Study, between 2008 and 2020, approximately 3.3 million people died because of motorcycle accidents, of which around 1.4 million of these lives could have been saved by making proper use of helmets.

In addition, a research study by the Centers for Disease Control and Prevention (CDC) reflected that wearing a helmet can increase the chances of survival by almost 37% and can help avoid head injuries by 69.0%. Growing awareness and efforts to promote riders’ safety are the factors expected to drive market growth.

Technological advancements have helped market operators to launch smart helmets into the global market. Smart helmets have advanced features to help riders ride with ease and efficiently by avoiding road accidents. Some of the smart helmet's features include GPS connectivity, tracking systems, voice assistance, cameras, Bluetooth, and Wi-Fi connectivity. Smartphones can also be connected to smart helmets. This feature helps riders make, receive, and reject calls. Smart helmets can also help to lessen head injuries in traffic accidents. Hence, the launch of a multifunctional smart motorcycle helmet is anticipated to provide lucrative growth prospects for the market.

Rising global demand for luxury motorcycles and the growing popularity of motorcycle events and championships are the key factors anticipated to create good growth prospects for helmet manufacturers. In addition, the worldwide popularity of motorsports and racing championships at national and international levels is rapidly rising. Leading automakers such as Honda, Ducati, Suzuki, Yamaha, and Repsol Honda play a significant role in the success through dealer promotions, advertising, and providing financial and technical support to teams, riders, and track operators.

Report Attributes Details
Expected Market Value (2023) USD 2.7 Billion
Anticipated Forecast Value (2033) USD 5.3 Billion
Projected Growth Rate (2023 to 2033) 7.1%

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2018 to 2022 Motorcycle helmets Demand Analysis vs. Forecast 2023 to 2033

Over the past few years, there has been an increase in the demand for motorcycle helmets. This is due to rising sales of motorbikes and ATVs and the rising number of motorbikes and sports two-wheeler enthusiasts. The motorcycle helmet market was growing at a CAGR of 4.1% from 2018 to 2022, whereas it is growing at an impressive CAGR of 7.1% during the forecast period of 2023 to 2033. This market is expected to be valued at USD 5.3 Billion by the end of the forecast period.

Growing global demand for luxury motorcycles and the growing popularity of motorcycle events and championships are the key factors anticipated to create good growth opportunities for the motorcycle helmet market. In addition, the worldwide popularity of motorsports and racing championships at national and international levels is rapidly increasing which is propelling the growth of this market.

Which are Some Prominent Drivers of the Motorcycle helmet market?

Rising Number of Motorbikes and Sports Two-wheeler Enthusiasts to propel Market Growth

In established countries, two-wheelers are mainly used for recreational happenings and therefore more often owned in addition to a car. Moreover, in developing nations, a motorcycle is generally used as a basic medium of transport. Bikes are reaching a stronghold in the commercial sector as well. They are primarily used for food delivery and delivery of e-commerce products. Also, post-lockdown, the demand for bikes has increased significantly due to the bike-sharing business attaining pace. This pooled with the growing consciousness of on-road protection is anticipated to propel the market growth during the forecast period.

The rising global demand for luxury motorcycles and the growing popularity of motorcycle events and championships are the key factors anticipated to create good growth opportunities for helmet manufacturers. In addition, the worldwide popularity of motorsports and racing championships at national and international levels is rising rapidly. Leading automakers such as Honda, Ducati, Suzuki, Yamaha, and Repsol Honda play a critical role in the success through dealer promotions, advertising, and providing financial and technical support to teams, riders, and track operators

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What are the Challenges Projected to be Faced by the Market?

Heavyweight lack of comfort and high prices of advanced helmets can hinder the market growth

Despite the life-saving features, some motorcyclist does not prefer riding with a helmet. According to research published by the National Center for Biotechnology Information, the most common reasons for not using a helmet are neck pain, limited head mobility, suffocation, and discomfort due to the heavy weight of the helmet. Additionally, advanced, and premium motorcycle helmets have a limited customer base owing to the high cost of the product and partnerships with premium bike users. Hence, all such factors are likely to hamper the growth of the helmet market during the forecast period

The rising prevalence of fake copies of helmets continues to restrict market growth. Counterfeit/fake helmets are those helmets that are maliciously sold and marketed at a relatively less price. According to the World Health Organization report, close to 360,000 fatalities and 1.5 million injuries can be linked to defective and low-quality vehicle parts and gears, every year.

These helmets may not be able of providing appropriate comfort and protection to the wearers, as these products are usually manufactured using cheap-quality materials. The presence of counterfeit products also influences the consumer’s perception of the brand. The circulation of counterfeit helmets is more prevalent in Asian markets, particularly in China, Pakistan, and India.

Region-Wise Insights

The increase in demand for motorcycles and ATVs is propelling the market in North America

Factors such as an increase in the demand for motorcycles and all-terrain vehicles (ATVs), combined with the rise in disposable income of individuals, have had a positive influence on the North America Biker Helmet market growth in recent years. Furthermore, the rising middle-class income group, especially in several fast-growing states, has positively influenced the market growth, in turn, offering various lucrative business opportunities for the market players in the region.

Presently, the companies operating in the helmet market offer product such as half-face, full-face, off-road, and open-face styles of helmets. Moreover, the incorporation of Bluetooth in helmets has allowed bikers to connect earphones, microphones, and cameras for vlogging and effective communication. Thus, the helmet market is poised to offer various profitable business opportunities for market players during the coming years. However, the robust competition from four-wheel vehicles and increasing financing options remain valuable alternatives to a lot of bikers operating in the region. The motorcycle helmet market of North America was valued at USD 250.60 Million in 2022 and is projected to reach USD 421.93 Million by 2033; it is expected to grow at a CAGR of 6.09% from 2023 to 2033.

Strong buyer foothold augmenting the market growth in Asia- pacific

Asia Pacific held the largest market share of more than 67.2% in 2022 and will account for a market value of USD 6.11 Billion during the forecast period owing to the strong buyer foothold of the two-wheeler market in countries such as India, China, Indonesia, and Vietnam. Major manufacturers including, DaineseSpA, HJC Europe S.A.R.L, Shoei Co. Ltd, Arai Helmet Ltd, and Schuberth GmbH are launching new products to gain maximum customer penetration in the region.

This region is expected to witness a proliferation in the coming years. An increase in the sales of motorcycles in the region, and the end-users preference and awareness toward enhanced safety and comfort offered by premium helmets are some of the factors fueling the growth of the market. Asia-Pacific is projected to become the fastest-growing and most emerging region for motorcycle helmets in the forthcoming years. Strict government rules and regulations of safety rides and developing economies is the key growth factor in this region.

India is the fastest-growing market for motorcycle helmets in the Asia Pacific due to a large number of two-wheeler buyers in the country. The growth of the helmet industry is not only dominated by commuter motorcycles but even by the larger and more premium two-wheelers. Further, the development of infrastructure in rural areas is also boosting the sales of two-wheelers, and in turn, is expected to boost demand for helmets.

What are the growth trends in the motorcycle helmet market in Europe?

Europe is anticipated to register the highest growth rate during the forecast period. In the global market, Europe is anticipated to witness the highest CAGR of 7.8% from 2022 to 2033. Motorcycle registrations in this region grew by more than 7.0% in 2021, totaling 949,470 unit registrations.

Europe Helmet Market is expected to register sound revenues in the upcoming years underpinned by a rising number of cyclists across the region. Moreover, the growing transportation sector in the entire region is expected to gain traction underpinned by increased e-commerce and retail stores that have boosted online deliveries hence the purchase of two-wheelers is one of the factors expected to instigate the deployment of the helmets as a result it is anticipated to augment the growth of the Europe helmet market in the upcoming years.

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Category-Wise Insights

Full face segment dominates the motorcycle helmet market by product type

With a market share of approximately 60.1%, Full-face helmets were the largest product segment. It is estimated to maintain its dominance throughout the forecast period. Manufacturers are adopting superior materials including carbon fiber and fiberglass-reinforced plastic to lessen the weight of full-face products as well as to make them safer. In addition, vendors are incorporating advanced communication tools such as Bluetooth in helmets, which in turn is likely to open new business opportunities during the forecast period.

Major manufacturers such as HJC Europe S.A.R.L, Studds Accessories Ltd., Dainese SpA, Shoei Co. Ltd, Arai Helmet Ltd. Etc., are launching new products to cater to the rising product demand. Recently in March 2021, Studds Accessories Ltd., one of the major two-wheeler helmet manufacturers introduced the Studds D5 Decor full-face helmet, with features including UV-resistant paint, hypoallergenic liner, regulated density EPS, and a quick-release chin strap.

By End-User, Rider Segment is leading the Motorcycle Helmet Market

The rider segment held the largest revenue share in the global motorcycle helmet market in 2021, capturing more than 89%. According to the survey held by National Occupant Protection Use, the use of Department of Transportation-compliant helmets was around 64.0 % in 2021.

Although motorcycle helmet use has increased by more than 12.0% since 2002, and decreased to 8.6% since 2018. Recent estimates by the same source show that the use of helmets has decreased to 64.9% in 2021 from 69.0% in 2020.

Convenience in product delivery fuelling the Online Distribution Channel

Online channels are expected to expand at the fastest CAGR of 8.1% from 2023 to 2033 due to ease of shopping and convenient product delivery. Moreover, online retailers such as Amazon and HELMEXPRESS.COM among others are concentrating on this product category to capitalize on the rising product demand. In addition, e-commerce platforms, social media, and Google Ads play an essential role in influencing consumer preference.

The availability of high-speed internet and smartphones in developing countries such as India, China, Indonesia, and Vietnam is anticipated to promote utilization of the online platforms for purchasing motorcycle helmets. The companies are launching their exclusive websites where consumers can buy genuine products directly from the source.

Start-ups in the Motorcycle Helmet Market

The growing interest in technologically advanced products has motivated many start-ups to venture into the motorcycle helmet domain to offer innovative products.

  • Founded in 2015, Cosmo Connected is a Paris-based company that provides helmet accessories that can be used by bike riders for improving their visibility. The accessory consists of a LED light that can detect braking and alert others by glowing a bright red light. The device is connected to the mobile app via Bluetooth. The device can detect a fall/accident and sends an alert message with the rider's GPS coordinates and medical information to the nearest rescue team and family members. The companion app allows the user to set emergency contact numbers and change light settings. It received funding of USD 9 million from Sarona ventures and Gary Janssens and 5 others.
  • Cardo Systems is a USA-based start-up that Develops Bluetooth-based helmet intercoms. Its features include mobile app integration, media sharing, music playing, graphic equalizer, call conferencing, wireless firmware, cameras, and noise cancellation.

Market Competition

Several companies adopt the strategies of mergers, acquisitions, tie-ups, and partnerships to achieve their common goal. This strategy helps the key players in increasing their market presence and expand their global market. Key players in the Motorcycle helmet market are:

  • In October 2021, HJC premium helmet manufacturer announced that the company is working with Red Bull Racing for the launch of the first-ever Red Bull licensed helmets for its consumer base. The company’s forefront partnership with Red Bull helped it to design a very special helmet, i.e., RPHA 1 Red Bull Austin GP helmet.
  • In October 2021, Royal Enfield introduced a new range of its limited-edition helmets amid the celebration of its 120th anniversary. The helmet is open face helmet that weighs around 1,280 grams approximately. Furthermore, it is launched with a face-covering bubble visor and premium leather material treated with polygiene.
  • In December 2021, Vega, a Belgaum-based manufacturer from India, announced its partnership with BASF for the production of lightweight, comfortable, and safe motorcycle helmets. Under this partnership, Vega engages in BASF's material innovation solution to install the best material in the helmets.

Report Scope

Report Attributes Details
Market Value in 2022 USD 2.70 Billion
Market Value in 2033 USD 27 Billion
Growth Rate CAGR of 7.1 % from 2023 to 2033
Base Year for Estimation 2022
Historical Data 2018 to 2022
Forecast Period 2023 to 2033
Quantitative Units Revenue in USD Billion and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Challenges, Trends, and Pricing Analysis
Segments Covered Product , end-user , distribution channel , Region
Regions Covered North America ; Latin America ; Europe ; Asia Pacific ; Middle East and Africa(MEA)
Key Countries Profiled USA , Canada , Brazil , Mexico , Germany , United Kingdom , France , Spain , Italy , Australia & New Zealand , China , Japan , South Korea , India , Malaysia , Singapore , Thailand , Indonesia , ASEAN , GCC Countries , South Africa , Israel
Key Companies Profiled Dainese SpA ; HJC Europe S.A.R.L ; Shoei Co. Ltd ; Arai Helmet Ltd. ; Alpine Stars S.p.A ; Schuberth GmbH ; BELL HELMET ; FOX ; STUDDS Accessories Limited ; Royal Enfield ; Caberg S.p.a.
Customization Available Upon Request

Key Segments Profiled in the Motorcycle helmet market Industry Survey

Motorcycle helmet market By product:

  • Full face
  • open face
  • Off-road racing
  • Others

Motorcycle helmet market by distribution channel:

  • Online channels
  • Offline channels

Motorcycle helmet market By End-user:

  • Rider
  • Passenger

Motorcycle helmet Market By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

What is the anticipated growth of the market for Motorcycle helmets until 2033?

FMI projects the global Motorcycle helmet market to expand at a 7.1% value CAGR by 2033.

What is the estimated market value of the Motorcycle helmet market expected in 2023?

The global Motorcycle helmet market is estimated at a market value of US$ 2.70 Billion.

What is the estimated market value of the Motorcycle helmet market expected in 2033?

The global Motorcycle helmet market is expected to garner a market value of US$ 5.3 billion.

Which region is forecast to be the most lucrative for Motorcycle helmet market growth?

FMI has projected Asia-pacific to be the highest revenue grossing region for the Motorcycle helmet market in the forecast period.

By End-user, which segment is going to dominate the motorcycle helmet market by 2033?

The rider segment is expected to dominate the end-user segment with a market share of around 90%.

Table of Content
  • 1. Executive Summary | Motorcycle Helmet Market
  • 2. Market Overview
  • 3. Market Background
  • 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
  • 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product
    • 5.1. Full Face
    • 5.2. Open Face
    • 5.3. Off-Road/ Racing
    • 5.4. Others
  • 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-user
    • 6.1. Rider
    • 6.2. Passenger
  • 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel
    • 7.1. Offline
    • 7.2. Online
  • 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    • 8.1. North America
    • 8.2. Latin America
    • 8.3. Europe
    • 8.4. Asia Pacific
    • 8.5. Middle East and Africa (MEA)
  • 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
  • 14. Key Countries Market Analysis
  • 15. Market Structure Analysis
  • 16. Competition Analysis
    • 16.1. Dainese SpA
    • 16.2. HJC Europe S.A.R.L
    • 16.3. Shoei Co. Ltd
    • 16.4. Arai Helmet Ltd.
    • 16.5. Alpine Stars S.p.A
    • 16.6. Schuberth GmbH
    • 16.7. BELL HELMET
    • 16.8. FOX
    • 16.9. STUDDS Accessories Limited
    • 16.10. Royal Enfield
    • 16.11. Caberg S.p.a.
  • 17. Assumptions & Acronyms Used
  • 18. Research Methodology
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