The global Safety Helmets market size is expected to reach USD 7.43 billion by 2030, according to a new study by Polaris Market Research. The report “Safety Helmets Market Share, Size, Trends, Industry Analysis Report, By End-Use (Construction, Mining, Manufacturing, Others); By Material; By Product; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.
The rise in head injuries at work and the rising need for safety helmets in mining, construction, and other manufacturing operations are the main factors projected to fuel revenue growth of the global safety helmets. The market is driven by growing employee awareness of the benefits of wearing safety helmets to prevent head injuries.
The market is expected to benefit over the coming years from rising demand for various types of PPE in various application industries, including manufacturing, construction, and mining. It is projected that increased demand for industrial safety helmets and technological improvement would create multiple market opportunities.
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Customers preferences for helmets that combine fashion and protection are expected to boost market expansion in European economies, including Germany, France, and UK. In addition, face shields and ear protection are examples of additional product features that might benefit the industry. These technological advancements would also help to boost the market growth.
Severe head injuries have occurred throughout South and Central America as a result of the underuse of safety helmets in a variety of end-user industries, including manufacturing, mining, and construction activities, as well as a lack of concern for employee safety. In Asia Pacific in 2020, the COVID-19 epidemic had a severe effect on the construction industry. Governments and regulatory bodies in nations including India, China, and Australia enacted a lockdown that put a stop to construction work for a number of weeks. This decreased the need for helmets and other safety helmets on building sites.
Safety Helmets Market Report Highlights
Polaris Market Research has segmented the safety helmets market report based on material, product, end-use, and region:
Safety Helmets, Material Outlook (Revenue - USD Billion, 2018 - 2030)
Safety Helmets, Product Outlook (Revenue - USD Billion, 2018 - 2030)
Safety Helmets, End-Use Outlook (Revenue - USD Billion, 2018 - 2030)
Safety Helmets, Regional Outlook (Revenue - USD Billion, 2018 - 2030)