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The global safety helmet market size was US$ 3.1 billion in 2021. The global safety helmet market is expected to grow to US$ 5.1 billion by 2030 by registering a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2030.
The purpose of wearing safety helmets is to safeguard employees from injuries, electric injuries, and powerful head impacts. Safety helmets also guard people from injury-causing fixed objects and electrical conductors.
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Factors Influencing the Market
The global safety helmet market is expected to rise as a result of the growing consumer demand for attractive helmets that also fit best with the fashion. Further, the technological development, such as extra product features like a built-in torch, face shields, and ear protection, are all expected to present potential prospects for market growth during the analysis period.
The growing manufacturing, mining, and infrastructure development will benefit the market in the coming years. Further, rising industrialization in developing countries like India and China, combined with the growing awareness about the significance of employee safety in these industries, will lead the market forward. Further, the growing number of manufacturing, mining, and construction projects will accelerate the market growth during the analysis period.
Regional Analysis
Europe garnered the largest share in the safety helmet market in 2021 due to the growing adoption of helmets to reduce the chances of workplace accidents and enhance worker safety. Additionally, full-face smart helmets are gaining significant popularity among Europeans, which will drive the considerable expansion of the market during the analysis period.
The growing cases of occupational head injuries and fatalities will drive the demand for safety helmets in the countries like China and India. Further, industrialization in these countries is growing at a rapid pace, driven by the governments and the high population of the countries. For instance, Made in China 2025 aims to enhance the domestic manufacturing capacity of the country. Therefore, it will contribute to the growth of the safety helmet market.
COVID-19 Impact Analysis
The COVID-19 pandemic hampered the growth of the safety helmet market as construction and manufacturing activities reduced dramatically. Various countries were worst hit by the pandemic, which pushed governments on introducing strict lockdowns. Therefore, it obstructed the construction, mining, and other industrial activities for a prolonged time.
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Competitors in the Market
AFX
ARC One
Arai Helmets
Bell Helmets
Bullard
Centurion Safety Products Ltd.
Concord Helmet & Safety Products Pvt. Ltd.
Condor
Delta Plus Group
Dragerwerk AG & Co. KFaA
Jackson Safety
HJC Helmets
Honeywell International Inc.
KASK
3 M
Moldex
OccuNomix International LLC
Salisbury
Schuberth GmbH
Sellstrom
Shark Helmets
Shoei Helmets
Pyramex
Polison Corp
Uvex Group
V-Gard
VOSS-HELME GmbH & Co. KG
Other Prominent Players
Market Segmentation
The global safety helmet market segmentation focuses on Material, Product, End-Use, and Region.
By Material
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Polycarbonate (PC)
By Product
Hard Hats
o Type I
o Type II
Bump Caps
o Hard Bump Camps
o Soft Bump Caps
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By End-Use
Construction
Manufacturing
Mining
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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