Market Size of Premium Motorcycle Helmets Industry
Study Period | 2020-2029 |
Market Size (2024) | USD 0.91 Billion |
Market Size (2029) | USD 1.27 Billion |
CAGR (2024 - 2029) | 6.81 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | Asia-Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Premium Motorcycle Helmets Market Analysis
The Premium Motorcycle Helmets Market size is estimated at USD 0.91 billion in 2024, and is expected to reach USD 1.27 billion by 2029, growing at a CAGR of 6.81% during the forecast period (2024-2029).
Over the long term, rising awareness of enhanced comfort and safety among consumers, the heightened popularity of owning a sports bike, government strict regulations on safety standards, and custom-made modifications in the aftermarket among the millennials will serve as the major determinants for the growth of the premium motorcycle helmet market across the world.
The European standard for motorcycle helmet safety, ECE 22.05 test certification, got a major update, which is effective from 2023. The new standard imposes strict regulations on manufacturers who will only be able to sell their products in Europe if it has been certified under ECE 22.06 regulation from January 2024.
Moreover, the premium motorcycle helmet market is driven by the rising sales of premium and sportbikes since buyers of these bikes prefer purchasing premium helmets for enhanced safety and protection. Various companies are actively engaging in launching premium helmet products and forming long-term partnerships to enhance their brand presence across the world. For instance,
In January 2023, Ignyte Helmets announced the expansion of its range of helmets with the new IGN-7 ECE 22.06, which meets BIS standards. Further, the company stated that their motorcycle helmets have received the more stringent Economic Commission For Europe 22.06 (ECE 22.06) certification and have additionally been homologated for the US Federal Motor Vehicle Safety Standards.
Asia-Pacific is the largest market, driven by the rising sales of electric two-wheelers and sports bikes in India and China, coupled with the large number of two-wheeler OEMs operating in these countries. Europe and North America are projected to be the next biggest markets because of the strong culture of performance motorcycling and high sales of premium superbikes, along with the presence of many motorcycle helmet OEMs.
Premium Motorcycle Helmets Industry Segmentation
Premium motorcycle helmets refer to helmets made up of superior-quality materials, such as carbon fiber, fiberglass, plastics, and synthetic fibers, that provide high tensile strength and enhanced security to the rider of two-wheelers in case of an accident, collision, or crash. These helmets are also compatible with safety standards compared to other regular helmets.
The premium motorcycle helmet market is segmented by material type, distribution channel, end-user, and geography. By material type, the market is segmented into fiberglass, carbon fiber, plastics, and others (acrylonitrile butadiene styrene (ABS), etc.). By distribution channel, the market is segmented into offline (motorcycle showrooms, helmet manufacturer showrooms, and aftermarket) and online. By end user, the market is segmented into commuters and racers. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the World.
The report offers market size and forecasts for the premium motorbike helmets in value (USD) for all the above segments.
By Material Type | |
Fiber Glass | |
Carbon Fiber | |
Plastics | |
Other Material Types (Acrylonitrile Butadiene Styrene (ABS), etc.) |
By Distribution Channel | |||||
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Online |
By End-User | |
Commuters | |
Racers |
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Premium Motorcycle Helmets Market Size Summary
The premium motorcycle helmets market is poised for significant growth over the forecast period, driven by increasing consumer awareness of safety and comfort, the rising popularity of sports bikes, and stringent government regulations on safety standards. The market is characterized by a growing demand for high-segment motorcycles, which in turn boosts the need for premium helmets. This trend is particularly evident in regions like Asia-Pacific, where the sales of electric two-wheelers and sports bikes are on the rise, supported by a large number of OEMs. The market is also witnessing a surge in the commuter segment, as consumers with higher disposable incomes increasingly opt for premium helmets to enhance safety during their rides.
The competitive landscape of the premium motorcycle helmet market is fragmented, with numerous international and regional players actively engaging in product launches, partnerships, and capacity expansions to strengthen their market positions. Companies are focusing on introducing technologically advanced helmets with features like built-in Bluetooth to cater to the evolving consumer preferences. The market's growth is further supported by the enforcement of strict safety standards and the increasing number of road accidents, which underscore the importance of wearing premium helmets for enhanced protection. As a result, the market is expected to experience substantial growth, particularly in regions with high consumer demand for motorcycles and robust safety regulations.
Premium Motorcycle Helmets Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.1.1 Rising Popularity of Sports Bike to Foster the Growth of the Market
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1.2 Market Restraints
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1.2.1 High Cost of Premium Helmets Deter Market Growth
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Threat of New Entrants
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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 in Value - USD)
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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 Carbon Fiber
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2.1.3 Plastics
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2.1.4 Other Material Types (Acrylonitrile Butadiene Styrene (ABS), etc.)
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2.2 By Distribution Channel
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2.2.1 Offline
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2.2.1.1 Motorcycle Showrooms
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2.2.1.2 Helmet Manufacturer Showrooms
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2.2.1.3 Aftermarket
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2.2.2 Online
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2.3 By End-User
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2.3.1 Commuters
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2.3.2 Racers
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Rest of North America
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 India
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2.4.3.3 Japan
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2.4.3.4 South Korea
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 Rest of the World
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2.4.4.1 South America
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2.4.4.2 Middle East and Africa
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Premium Motorcycle Helmets Market Size FAQs
How big is the Premium Motorcycle Helmets Market?
The Premium Motorcycle Helmets Market size is expected to reach USD 0.91 billion in 2024 and grow at a CAGR of 6.81% to reach USD 1.27 billion by 2029.
What is the current Premium Motorcycle Helmets Market size?
In 2024, the Premium Motorcycle Helmets Market size is expected to reach USD 0.91 billion.