Cycling Helmet and Glasses Market Size, Share, Growth and Industry Analysis by Type (C Men, Women, and, Kid) LED, And, Surface-Mount (SMD) LED) By Application (Supermarket, Sports Variety Stores, And, Online Sales) Regional Insights and Forecast to 2032

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CYCLING HELMET AND GLASSES MARKET REPORT OVERVIEW

The Cycling Helmet and Glasses Market size was valued at approximately USD 2.24 billion in 2023 and is expected to reach USD 4.41 billion by 2032, growing at a compound annual growth rate (CAGR) of about 7.89% from 2023 to 2032

There are accessories that cyclist wears for safety or convenience while cycling such as helmets and glasses. Motorcycle helmets protect the head from potential impact of getting severe injuries. It can be equipped with shockproof materials and buckle for proper and tight sealing. Glasses protect the eyes from the wind, dust and other objects, as well as from ultraviolet radiation, thus providing better vision and reducing glare. Collectively, the two offer an integration of security and capability that makes cycling more secure and fun. Every keen cyclist must ensure that they make the right market purchase in the helmet and glasses they wear.

COVID-19 IMPACT

"Decrease in Outdoor Activities during Pandemic Reduced Market Growth"

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

A new trend emerged because of the COVID-19 pandemic, paying attention to health and hygiene with effects on cycle helmet and eyewear. The interest, in general activities outside the home, saw a decline. But that was also the time that social enlightenment towards personal safety emerged, leading to creativity in product designs that are suitable for hygienist. Gloves are no longer simply padded; they are also antimicrobial in nature, and glasses will have an anti-fogging layer because of the mask. These changes align with other such adaptations towards integrating functionality and health conscious aspects to make biking safer and convenient.

LATEST TRENDS

"Features Such As Safety, Comfort And Technological Attributes in These Accessories to Accelerate Market Growth"

New inventions in recent cycling helmets and glasses enjoy features such as safety, comfort and technological attributes. New helmets also contain smart elements such as the integrated lights, Bluetooth interface and impact sensors for increased visibility and communication. They also incorporate new material for increased shock absorption as well as the ventilation. Some improvements to cycling glasses include; photo chromic lenses, glasses that produce light condition change, anti-fog features and better UV protection. These novelties are meant to increase the general efficiency and make cyclist’s riding safer and more comfortable. The above-mentioned factors are driving the cycling helmet and glasses market growth.

CYCLING HELMET AND GLASSES MARKET SEGMENTATION

By Type

Men, women, and, kid

• Men: Latest cycling helmets & glasses for men come equipped with integrated LED lights and impact sensors, besides offering tough build. It is an impressive fact that modern choices are various, for any taste, but at the same time, they have impressive characteristics.

• Women: Some of the women specific products in cycling include helmets and glasses and these are designed to be protective and fashionable, light and ergonomic. Increased interior and exterior appeal and the possibility to add new additional functions to the car make this aspect also covered.

• Kids: Where cycling helmets and glasses for children are concerned, it starts with bright colors and sizes that can be adjusted to help growing children. They include colorful graphics and attractive designs with enhanced coverage to help young children to ride in a safe yet happy manner.

By Application

Supermarket, sports variety stores, and, online sales

• Supermarket: As seen in super markets, fundamental cycle helmets and glasses are provided with an option for cheap and easy accessibility. Such products can thus comprise familiar brand names and the basic accident precaution measures that appeal to the occasional rider.

• Sports Variety Stores: Most Sports variety stores offer so many kinds of cycling helmets and glasses with new technologies and types suitable for different cycling demand. Consumers believe that they are privileged to use the products and get advice of professionals.

• Online Sales: There is a great choice of cycling helmets and glasses demonstrated by modern Internet resources along with numerous novelties and reasonable prices. The comfort of the home in the purchase process is enhanced by exhaustive details, and especially liberal returns policies.

DRIVING FACTORS

"Improved Comfort and Fit as Results of Ergonomic Designs to Amplify Market Growth"

Cycling helmets and glasses are other related products that have great opportunities for dynamic development, based on such stimuli as increased safety, better quality of shock-absorbing materials, and introduction of smart elements. Another factor is improved comfort and fit – a feature that results from ergonomic designs with elements that can be adjusted in size. Other factors affecting the demand are refrigeration functionality, as well as the desires to find options which are functional and also aesthetically appealing and customizable since bike is not only a transportation vehicle or a tool for intense workouts, but also an object of self-identification. Moreover, the increase of health consciousness and safety coupled with advancement in material and manufacturing technology is a strong driving force to the constant improvement of these indispensable tools in cycling. All of the above-mentioned factors are driving the cycling helmet and glasses market share.

"Growth of E-commerce in Past Few Years to Propel Market Growth "

Other drivers in cycling helmets and glasses include growing concern towards environment which has made more companies use environmentally sustainable products and methods of production. Its perceptible features, like anti-fog and UV protection, correspond to the progress of technology. Furthermore, increased concern for people’s health and a desire to prevent riders from getting hurt also create the need for superior protective equipment. Another factor is the aspect of price competitiveness since consumers are very keen on price when it comes to their cycling equipment. The final factor is the aspect of convenience, since many consumers today prefer the ease and convenience that comes with online shopping.

RESTRAINING FACTOR

"Lack of Awareness Regarding Personal Protective Equipment to Decrease Market Growth"

A factor that hinders the growth of cycling helmets and glasses is high costs which come with new technology and quality material to make the cycling gears. Lack of awareness regarding personal protective equipment may also be an issue to consider among these factors that may slow down the market growth. Also the problem of incorporating style with protective aspects limits product innovation. Sometimes, availability of this product may be affected by leakages or disruptions in the supply chain and occasional imbalances in the prices of raw materials.

CYCLING HELMET AND GLASSES MARKET REGIONAL INSIGHTS

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"North America to Dominate Market Share in Upcoming Years Due to People’s Concern for Health and Their Passion for Cycling"

The market is primarily segmented into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa

The largest market for cycling helmets and glasses is North America, especially the United States, primarily because of people’s concern for health and their passion for cycling as well as the firm market demand for better protective equipment. Currently the region have well-developed network of specialists stores and introduces internet sale which gives a great choice of goods. Moreover, this market contributes considerably to technological advancements and focus on safety and high-performance cycling accessories, thus being innovative as well as the market leader in sales.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Specialized (U.S.)
• Dorel (Canada)
• Casco (Germany)
• Boardman Bikes (U.K.)
• HardnutZ (U.K.)
• Mavic (France)
• BiOS (U.S.)
• KASK (Italy)
• Rudy Project (Italy)
• Oakley (U.S.)
• Rudy (Italy)
• Tifosi Optics (U.S.)

INDUSTRIAL DEVELOPMENT

August 2024: The “Smith Variance MIPS” helmet for cycling comes with a revolutionary Multi-Directional Impact Protection System MIPS integrated with a helmet-mounted LED light that provides 360° visibility in 2024. This has made this design more effective in offering visibility and protection since it contains a light ring that covers the cyclist in a round fashion to make him/her fully visible. Furthermore, the”Oakley Radar EV Path” sunglasses come with Hyper clear lens technology that is capable of changing its light transmission upon lighting conditions for instance in a blink of an eye thus delivering high light transmission and minimum glare. Two products are the examples of the new generation of cycling apparels, which combines safety with high-tech features.

Report Coverage

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.