Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Product (Motorcycle Helmets, Bicycle Helmets, Other Helmets), By Applications (Transportation, Sport, Dangerous Work Activities) And Competitive Landscape
Product Code: ETC057475 | Publication Date: May 2021 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific Helmet Market is estimated to gain momentum in the forthcoming years on the rising number of cyclists in order to stay fit. Additionally, based on the country, India is estimated to generate high sales revenues underpinned by a rising purchase of two-wheelers with the growing middle class and young population hence the deployment of helmets is subsequently rising which is further estimated to boost the growth of the Asia Pacific helmet market in the upcoming six years.
Asia Pacific Helmet Market is anticipated to witness a proliferation in the coming years. An increase in the sales of motorcycles in the region, and the end-users preference and awareness toward enhanced safety and comfort offered by premium helmets are some of the factors driving the growth of the market. Asia-Pacific is expected to become the fastest growing and emerging region for motorcycle helmets in the upcoming years. Stringent government rules and regulations of safety rides and developing economies is the key growth factor in this region. Manufacturers in the helmet market are producing face shields to cater to the rising demand for face coverings on the grounds of the COVID-19 outbreak. This will lead to an increase in the growth of the helmet market. New helmet norms by the government may also bring expansive growth opportunities for the helmet market. The motorcycle helmet market was negatively impacted by COVID-19 in 2020. The global pandemic has resulted in low sales of motorcycles across the world, which led to a decline in motorcycle helmet sales. Even the budget-friendly helmets have struggled. China being the hub of manufacturing area of the helmet business it also was a hub of the COVID-19 virus which led to the pandemic which also had a role to play in stopping the production in China altogether.
According to 6Wresearch, Asia Pacific Helmet Market size is projected to record a sound growth during 2021-27. Due to the increased sales of motorcycles and increasing safety precautions doing well in Asia pacific, the product market is anticipated to gain significant growth prospects. In many low-middle- and low-income countries, motorcycles are the main form of motorized transport. In some of these countries, economic progress has caused a sharp increase in the number of motorcycles in use. Helmets are the only safety measure proven to save lives, with no negative health effects from their use, and this is expected to assist the product market to gain sound growth prospects in the coming time zone.
AGV, Shoei, Shark, HJC. ent are some key players in the Asia Pacific helmet market.
In 2020, the Chinese Ministry of Public Security (MPS) launched a new campaign "one helmet, one belt," which will come into effect from June. Under this law government has mandated scooter riders to wear helmets and for car drivers to fasten their seatbelts. China's electric motorcycles market is marked by many local companies which are producing electric motorcycles and mopeds for the local market and this is making the China helmet market a dominant market in the overall Asia Pacific region. In addition to this, there is an increase in the interest in sports bikes in the country, which includes a luxury tax of almost the value of the bike. In light of all these events, the demand for superbikes is also expected to increase over the forecast period, which is, in turn, boosting the market for premium motorcycle helmets.
The Asia Pacific helmet market report thoroughly covers the market by product type, application type, end-user type, and Countries including India, China, Japan, Indonesia, Malaysia, Thailand, the Philippines, and the rest of Asia Pacific. Asia Pacific Helmet market outlook report provides an unbiased and detailed analysis of the ongoing Asia Pacific Helmet market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
Markets Covered
The market report thoroughly covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Helmet Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Helmet Market Revenues & Volume, 2020 & 2027F |
3.3 Asia Pacific Helmet Market - Industry Life Cycle |
3.4 Asia Pacific Helmet Market - Porter's Five Forces |
3.5 Asia Pacific Helmet Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 Asia Pacific Helmet Market Revenues & Volume Share, By Product, 2020 & 2027F |
3.7 Asia Pacific Helmet Market Revenues & Volume Share, By Applications, 2020 & 2027F |
4 Asia Pacific Helmet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Helmet Market Trends |
6 Asia Pacific Helmet Market, 2017 - 2027 |
6.1 Asia Pacific Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
6.2 Asia Pacific Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
7 China Helmet Market, 2017 - 2027 |
7.1 China Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
7.2 China Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
8 India Helmet Market, 2017 - 2027 |
8.1 India Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
8.2 India Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
9 Japan Helmet Market, 2017 - 2027 |
9.1 Japan Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
9.2 Japan Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
10 Australia Helmet Market, 2017 - 2027 |
10.1 Australia Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
10.2 Australia Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
11 Indonesia Helmet Market, 2017 - 2027 |
11.1 Indonesia Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
11.2 Indonesia Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
12 Philippines Helmet Market, 2017 - 2027 |
12.1 Philippines Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
12.2 Philippines Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
13 Thailand Helmet Market, 2017 - 2027 |
13.1 Thailand Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
13.2 Thailand Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
14 Malaysia Helmet Market, 2017 - 2027 |
14.1 Malaysia Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
14.2 Malaysia Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
15 Singapore Helmet Market, 2017 - 2027 |
16 Rest of Asia Helmet Market, 2017 - 2027 |
16.1 Rest of Asia Helmet Market, Revenues & Volume, By Product, 2017 - 2027 |
16.2 Rest of Asia Helmet Market, Revenues & Volume, By Applications, 2017 - 2027 |
17 Asia Pacific Helmet Market Key Performance Indicators |
18 Asia Pacific Helmet Market - Opportunity Assessment |
18.1 Asia Pacific Helmet Market Opportunity Assessment, By Countries, 2020 & 2027F |
18.2 Asia Pacific Helmet Market Opportunity Assessment, By Product, 2020 & 2027F |
18.3 Asia Pacific Helmet Market Opportunity Assessment, By Applications, 2020 & 2027F |
19 Asia Pacific Helmet Market - Competitive Landscape |
19.1 Asia Pacific Helmet Market Revenue Share, By Companies, 2020 |
19.2 Asia Pacific Helmet Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |