Europe Mountain Bicycle Helmets Market
Europe Mountain Bicycle Helmets Market Size Set to Reach USD 233.31 Million by 2029
Published | 26 July 2023
Europe mountain bicycle helmet market is flourishing due to increasing awareness about safety, rising participation in mountain biking activities, growing focus on preventing head injuries, stricter safety regulations, technological advancements in helmet design, and the popularity of extreme sports among adventure enthusiasts.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Europe mountain bicycle helmet market size at USD 194.92 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Europe mountain bicycle helmet market size to grow at a robust CAGR of 3.2% reaching a value of USD 233.31 million by 2029. The growing emphasis on safety and protection is a major driver fueling the expansion of the mountain bike helmet market in Europe. As a result, there is a rising demand for technologically advanced helmets with improved features like impact resistance, ventilation systems, and adjustable fits. Mountain biking's rising acceptance as a leisure activity and competitive sport has also fueled market expansion, as more people take up the pastime and need the necessary safety equipment. As a major trend, sustainability has evolved, with an emphasis on environmentally friendly products and production methods. In general, e-commerce platforms and online retail channels have acquired a lot of traction, giving customers a practical way to buy helmets and access more possibilities.
Europe Mountain Bicycle Helmets Market – Overview
Mountain bicycle helmets are essential safety gear designed specifically for off-road cycling. They offer protection to riders by reducing the risk of head injuries during challenging mountain biking trails. These helmets are crafted with a durable outer shell, typically made of lightweight materials like polycarbonate, and feature an inner layer of expanded polystyrene foam that absorbs impacts. Mountain bike helmets often have extended rear coverage to safeguard the back of the head and a visor to shield the eyes from sun glare and debris. They are adjustable for a secure fit and may include ventilation systems for airflow. Overall, mountain bicycle helmets prioritize safety and comfort for riders tackling rugged terrains.
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Impact of COVID-19 on Europe Mountain Bicycle Helmets Market
The COVID-19 pandemic significantly impacted Europe mountain bicycle helmet market. With the implementation of lockdown measures and restrictions on construction activities, the demand for vinyl flooring experienced a decline. The disruption in the supply chain and logistical challenges also affected the availability of raw materials and hindered production. Also, the economic downturn and reduced consumer spending further dampened the market growth. However, as the situation improves and the vaccination efforts progress, the market is expected to recover gradually. The growing awareness of hygiene and cleanliness is likely to drive the demand for vinyl flooring, particularly in sectors such as healthcare and hospitality.
Europe Mountain Bicycle Helmets Market – By Application
By Application, Europe mountain bicycle helmet market is divided into Racing and Leisure segments. The leisure segment is a larger application segment in the Europe mountain bicycle helmet market. The segment caters to cyclists who engage in recreational and non-competitive biking activities. It includes individuals who enjoy mountain biking as a hobby, for fitness purposes, or casual rides in natural landscapes. The leisure segment typically offers a wider range of helmet styles and features to suit various preferences and comfort levels. With a significant number of enthusiasts participating in leisure biking, this segment holds a dominant position in the European market for mountain bicycle helmets.
Competitive Landscape
Europe mountain bicycle helmet market is fiercely competitive. Major companies in the market include Giro, MET Helmets, Kask, POC Sports, Lazer, Troy Lee Designs, Fox Racing, Scott Sports, Uvex Sports, and Cratoni. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Europe mountain bicycle helmet market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Europe Mountain Bicycle Helmets Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Europe Mountain Bicycle Helmets Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Related Report
Publish Date: July 2023
Increasing popularity of mountain biking as a recreational activity, growing awareness about safety measures, rising concerns regarding head injuries, and stringent regulations mandating the use of helmets for cyclists are propelling the growth of Europe Mountain Bicycle Helmets Market during the forecast period between 2023 and 2029.
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