Global Motorcycle Helmet Market Is About 1.66 Billion USD In 2017
Friday, 30 Nov, 2018
Motorcycle has proven to be a very popular transportation motor vehicle among the middle class consumers especially in the developing regions such as Asia Pacific. In 2017, the motorcycle market increased by 5%, ending the downward trend since 2012. Thanks to the development of motorcycle industry, in 2017, the global motorcycle helmet market is about 1.66 billion USD, with actual sales of 71.4 million units.
In the last several years, India motorcycle market enjoyed the fastest growth rate, becoming the largest market in 2015. On the same time, India motorcycle helmets market enjoyed a fast growing in the past several years. Today, China, India and Southeast Asia have been the largest 3 suppliers of motorcycle helmets, represent more than 85% market in 2017.
As the motorcycle market focus transferring to the developing regions like India and Southeast Asia, the market share of entrance door products is larger and larger. The average price of motorcycle helmets is in decreasing trend from 25 USD/Unit in 2013 to 23.3 USD/Unit in 2017.
Segmented by the product type, Full Face Helmet represent the largest share more than 50%, followed by Open Face Helmet and Half Helmet. Segmented by applications, on road represent market share 96.71% in 2017.