Key Highlights

• Mountain Bicycle helmets are gaining momentum worldwide as people are concerned about their safety and health while cycling. The product has the ability to protect users from life-threatening injuries, bad weather and other conditions that increase demand. The creation of smart hats with attractive features such as LED displays, waterproofing and shock absorption is accelerating the growth of the industry. For example, Zakpro launched a technology-integrated smart turn signal Mountain Bicycle helmet with features such as waterproof controls, durable batteries and light weight. With the increase in Mountain Bicycle production in many countries of the world, Mountain Bicycle production has also increased. Product usage is critical to business growth. For example, data published by "India Today" in September 2020 shows that India produces 22 million Mountain Bicycles every year and has an economy of approximately $94.46 million. Concerns about the safety of children riding Mountain Bicycles led parents to smoke the product, thus creating competition. In addition, products suitable for other sports such as skates and scooters also increase demand. However, many people, especially in developed and underdeveloped countries, ignore the use of security features for the following reasons: lack of knowledge about their importance and low purchasing power hinders their growth.

• The market size of the worldwide Mountain Bicycle helmets market surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• In August 2022, Hexr announced the launch of its new Voronoi helmet with design. The launch is expected to drive the market share of the company in the forecasted period across the globe especially in European region.

• The Mountain Bicycle helmet market is expected to expand due to the popularity of cycling as a form of exercise to reduce obesity and improve health. The growth of the industry is blamed on the lack of strict government regulations and guidelines requiring the use of safety equipment while cycling. The growth focus on sustainability is also recognized for its role in increasing cycling worldwide. Other factors such as increased disposable income, increased purchasing power, increased use of Mountain Bicycles and increased sales of Mountain Bicycles are also expected to increase the sales of Mountain Bicycle helmets during the forecast period and lead to the proliferation of Mountain Bicycle helmets. Additionally, product development and innovation, as well as improved safety and improved product quality, are also supporting the current market expansion. Many cyclists consider a Mountain Bicycle helmet to be an important piece of safety equipment. Additionally, many Mountain Bicycle helmet manufacturers have developed high-end features to attract customers to their helmets. Several companies have helmets that can display GPS maps and gauges on the glasses using augmented reality (AR). Consumers' growing interest in technology has led to many entrepreneurs entering the cycling market and offering cutting-edge products. The emergence of fake hats continues to limit business growth. Helmets that are fake and sold at very low prices are considered fake. An analysis by the World Health Organization estimates that poor-quality car parts, materials and glass cause 360,000 deaths and 1.5 million injuries each year. Considering that these products are often made of poor quality materials, these helmets will not provide sufficient comfort and protection to the user. The presence of counterfeit products affects the consumer's brand perception. The circulation of fake hats is common in Asian markets, especially in China, Pakistan and India. Additionally, due to the increasing demand for various types of helmets, tens of thousands of fake helmets have been made for the Asian market, including crash helmets, sports helmets, designer helmets and sports caps. According to the United States Department of Labor, 88.0% of counterfeit goods in the United States come from China or Hong Kong. In times of need, the helmet market will not grow as fast as expected because fake products can be easily detected. Therefore, it increases the revenue of the Mountain Bicycle helmet industry.

Scope of the Size Profile

Key Players

• Bell Helmets (US)

• Fox Racing (US)

• Giro (US)

• SCOTT Sports (Switzerland)

• Bontrager (Canada)

• Troy Lee (US)

• Vista Outdoor (US)

• POC Sports (Sweden)

• Lazer Sports (Europe)

• Strategic Sports (China)

Segmentation

By Type

• Full Face

• Open Face

By Price

• Up To $75

• $75 - $150

• $150 - $250

• Above $250

By Sales Channel

• Specialty Mountain Bicycle Retailer

• Departmental Store

• Sporting Goods Store

• Online Retail

• Other Sales Channels

By Size

• XS Size

• S Size

• M Size

• L Size

• XL Size

• XXS Size

• XXL Size

By User

• Female Rider

• Male Rider

What to Expect from Size Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Mountain Bicycle Helmets market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Mountain Bicycle Helmets market.

3. Leading company profiles reveal details of key Mountain Bicycle Helmets market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Mountain Bicycle Helmets market with forecast for decade by both market share (%) & revenue (USD Million).

Recent Development

• In March 2022, Trek and Bontrager announced the launch of cycling helmets powered by new WaveCel technology.

Segment Insights

By Type

The demand for outdoor mountain bike helmets is driven by many factors. Firstly, their design has a lot of ventilation and breathability, making them ideal for riders in hot weather or during intense physical activity, thus ensuring complete comfort. Secondly, the open style has greater visibility and allows the use of glasses or sunglasses, allowing passengers who like to wear glasses to protect their eyes. Additionally, enduro riding and cross-country riding styles have made these helmets popular as they are equally protective and strong, in line with the preferences of many cyclists today who value safety and freedom of movement.

By Size

The demand for mid-sized mountain bike helmets is mainly due to their versatility and wide appeal. These helmets fit most riders and will fit average head sizes and shapes. Their popularity stems from their ability to adapt to different groups of mountain bikers and provide a comfortable and secure fit for many users. The mid-size helmet is also ideal for many types of riding, from cross-country running to mountain biking, making it a top choice for riders participating in a variety of activities. This change, combined with a focus on safety and comfort, has increased demand for mid-range bikes among riders of various skill levels and interests.

Regional Insights

Europe should take the lead and is expected to maintain its leading position in the 2020-2027 forecast period. Increasing use of Mountain Bicycles as a means of transportation in countries in the region will contribute to economic growth. For example, the Netherlands is estimated to have more Mountain Bicycles than citizens, and half of home-to-work trips in Amsterdam are made by Mountain Bicycle, according to a February 2020 report from the World Economic Forum. The expansion of tourism has also played a significant role, pushing places to create more activities, including cycling. For example, according to data published by the World Travel and Tourism Council in 2018, the contribution of European travel and tourism to the European economy is 9.7%. North America is expected to lead the Mountain Bicycle helmet market due to the growing Mountain Bicycle market. It affects the number of cycling championships and championships where people own bikes. For example, there are several well-known cycling competitions in the United States, including the Cross-America Challenge, the Iditaroy Invitational, and the USA Cycling Elite BMX National Championships. Additionally, more people participating in outdoor activities, including cycling, will increase consumption. For example, according to National Parks Travel.Org, nearly half of the U.S. population, or 50.5%, participated in outdoor activities in 2018, up 3.1% from the previous year.