Bangladesh Helmet Market (2023-2029) | Size, Trends, Outlook, Analysis, Value, Industry, Share, Growth, Revenue, Segmentation & COVID-19 IMPACT

Topics Covered in the Bangladesh Helmet Market

Bangladesh Helmet Market report thoroughly covers the market by product and by applications. The Helmet Market Outlook report provides an unbiased and detailed analysis of the ongoing Helmet Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Bangladesh Helmet Market Synopsis

Bangladesh Helmet Market is expected to witness growth over the years. The growth is driven by rising awareness in terms of stringent government regulations for road safety. Additionally, the introduction of new products with advanced features is also likely to drive up demand for helmets in Bangladesh. Moreover, rising disposable incomes among consumers are expected to proliferate the Bangladesh Helmet Market growth in the coming years. Generally, motorcyclists are the second-highest victims of road accidents in the country, and wearing a helmet is one of the most effective ways to reduce the risk of head injuries.

According to 6Wresearch, the Bangladesh Helmet Market size is anticipated to grow at a higher growth rate during 2023-2029. The market is growing owing to the increasing number of two-wheeler handlers and the growing awareness about road safety. The government is also taking several initiatives to make helmets mandatory for two-wheeler riders further propelling growth during the forecast period. The country has a rapidly growing middle class and a large young population. This growth in population is resulting in an increased demand for helmets in the country. Moreover, several NGOs and other organizations are also creating awareness about road safety which in turn, is expected to drive helmet sales in Bangladesh. However, the low rate of helmet use presents a challenge for the Bangladesh helmet industry. In recent years, the demand for helmets has increased in Bangladesh due to the growing awareness about the importance of wearing helmets. The growing popularity of lightweight is one of the most popular trends in the market. Another trend in the market is the rising demand for helmets with advanced safety features.

COVID-19 Impact on the Bangladesh Helmet Market

The COVID-19 pandemic has influenced the global economy, including the automotive industry. Lockdowns and restrictions on movement to prevent the spread of the virus have led to a decrease in demand for vehicles. This, in turn, has affected the production and sales of helmets. During the pandemic, people were staying at home and there has been decreasing in demand for helmets. Overall, the impact of the COVID-19 pandemic on the Bangladesh helmet market is expected to be multifaceted and would depend on government regulations and the overall economic situation.

Key Players in the Bangladesh Helmet Market

There are a few leading players in the Bangladesh helmet market. For instance;

• Shahin Enterprise
• Tiger Helmets
• Rizubi Trading Company
• Ananta Helmet Industries
• Royal Enfield Banglore Ltd.
• Steelbird HiTech Ltd.
• Studds Accessories Ltd.
• Voss Helmets GmbH & Co. KG
• Vega Auto Accessories Pvt. Ltd.

Market Analysis by Product

According to Dhaval, Research Head, 6Wresearch, the motorcycle helmet segment is expected to be the largest segment due to the increasing number of motorcycles on the road.

Market Analysis by Application

By Application, the transportation segment is expected to dominate the Bangladesh Helmet Market share due to the high demand for motorcycle helmets.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2019 to 2022.
• Base Year: 2022.
• Forecast Data until 2029.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Bangladesh Helmet Market Outlook
• Market Size of Bangladesh Helmet Market, 2022
• Forecast of Bangladesh Helmet Market, 2029
• Historical Data and Forecast of Bangladesh Helmet Revenues & Volume for the Period 2019 - 2029
• Bangladesh Helmet Market Trend Evolution
• Bangladesh Helmet Market Drivers and Challenges
• Bangladesh Helmet Price Trends
• Bangladesh Helmet Porter's Five Forces
• Bangladesh Helmet Industry Life Cycle
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Product for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Motorcycle Helmets for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Bicycle Helmets for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Other Helmets for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Applications for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Transportation for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Sport for the Period 2019 - 2029
• Historical Data and Forecast of Bangladesh Helmet Market Revenues & Volume By Dangerous Work Activities for the Period 2019 - 2029
• Bangladesh Helmet Import Export Trade Statistics
• Market Opportunity Assessment By Product
• Market Opportunity Assessment By Applications
• Bangladesh Helmet Top Companies Market Share
• Bangladesh Helmet Competitive Benchmarking By Technical and Operational Parameters
• Bangladesh Helmet Company Profiles
• Bangladesh Helmet Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

• Motorcycle
• Helmets
• Bicycle Helmets
• Other Helmets

By Applications

• Transportation
• Sport
• Dangerous Work Activities

Bangladesh Helmet Market: FAQs