Market Size of China Premium Motorcycle Helmet Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.49 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
China Premium Motorcycle Helmet Market Analysis
The China Premium Motorcycle Helmet Market was valued at USD 104.10 Million and is projected to grow to USD 176.35 Million after five years, registering a CAGR of 4.49% in revenue during the forecast period.
The COVID-19 pandemic hindered the growth of the automotive industry across China in the year 2020. Several manufacturing industries were closed. The supply chain management and distribution channels were disrupted due to a shortage of raw materials. However, the automotive industry is now recovering from the losses and paving the way to introduce quality products to cater to rising consumer demand across the country.
The rising popularity of premium motorcycles among the young generation across the country will likely increase the demand for helmets during the forecast period. The rising trend towards motorcycle leagues across the country will likely witness significant demand for helmets.
China's premium motorcycle helmet market is expected to grow steadily by 2025. Factors such as an increase in the sale of premium motorcycles in the country, and the end-users preference and awareness toward enhanced safety and comfort offered by premium helmets, are driving the market.
Since China is the most populated country in the world, where investments in public transportation may not suffice for mobility requirements, the country depends on mopeds, scooters, and motorcycles. Although the development of the motorcycle industry in the country began comparatively late (motorcycles were not widespread until the 1950s), presently, China is one of the largest motorcycle-producing countries in the world. The increasing demand from both domestic and international markets drives the increase in motorcycle production.
China Premium Motorcycle Helmet Industry Segmentation
Motorcycle helmets are designed to protect the rider's head. They are highly effective in protecting motorcyclists' heads. Helmets reduce deaths and serious head injuries, including traumatic brain injury, in motorcycle crashes.
The China Premium Motorcycle Helmet Market is segmented by Material Type (Fiber Glass, Plastics, and Other Material Types), Distribution Channel (Offline and Online), and End User (Commuters and Racers).
| By Material Type | |
| Fiber Glass | |
| Plastics | |
| Other Material Types |
| By Distribution Channel Type | |
| Offline | |
| Online |
| By End User Type | |
| Commuters | |
| Racers |
China Premium Motorcycle Helmet Market Size Summary
The China premium motorcycle helmet market is poised for steady growth, driven by the increasing popularity of premium motorcycles among the younger demographic and the rising trend of motorcycle leagues. Despite the challenges posed by the COVID-19 pandemic, which disrupted supply chains and manufacturing, the market is recovering and expanding due to the growing demand for quality helmets that offer enhanced safety and comfort. The country's reliance on two-wheelers for mobility, coupled with the rise in premium motorcycle sales, is fueling the demand for premium helmets. This growth is further supported by the introduction of new motorcycle models by various manufacturers, which is expected to boost helmet sales.
China's position as a leading motorcycle producer and the increasing demand from both domestic and international markets are key factors contributing to the market's expansion. The sale of premium motorcycles, despite regulatory challenges, continues to rise, with a significant portion of imports consisting of high-displacement models. The market is characterized by the presence of major players like SHOEI, Dainese, and Arai, who are actively launching new products and forming strategic collaborations to maintain their competitive edge. Additionally, initiatives like the "one helmet, one belt" campaign and the growing interest in sports bikes are expected to further drive the demand for premium motorcycle helmets in the coming years.
China Premium Motorcycle Helmet Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION ( Market Size by Value- USD Million)
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2.1 By Material Type
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2.1.1 Fiber Glass
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2.1.2 Plastics
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2.1.3 Other Material Types
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2.2 By Distribution Channel Type
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2.2.1 Offline
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2.2.2 Online
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2.3 By End User Type
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2.3.1 Commuters
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2.3.2 Racers
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China Premium Motorcycle Helmet Market Size FAQs
What is the current China Premium Motorcycle Helmet Market size?
The China Premium Motorcycle Helmet Market is projected to register a CAGR of 4.49% during the forecast period (2024-2029)
Who are the key players in China Premium Motorcycle Helmet Market?
AGV, Shoei Co. Ltd, Arai Helmet Ltd, Shark Helmets and LS2 Helmets are the major companies operating in the China Premium Motorcycle Helmet Market.
