Global Safety Helmet Market by Material (PE, ABS, PC), by Product (Bump Caps, Hard Hats), by End Use (Mining, Manufacturing, Construction) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global safety helmet market was worth USD 1.8 billion in 2019. It is projected to grow at a compound annual rate (CAGR of 5.0%) over the forecast period. Market growth is expected to be boosted by the rising demand for safety helmets in the construction, manufacturing, mining and other sectors. Market growth is expected to be robust from 2020-2027 due to the growing construction and infrastructure industry. This will in turn drive the demand for safety helmets for construction workers. The market is expected to be driven by rising safety awareness in countries like India and China. Safety helmets have seen a surge in adoption due to the strict regulations in the U.S. regarding employee safety and the severe penalties for those who do not comply with these safety standards. The PE helmets will be the most popular market because of their higher acceptance in the welding, mining, chemical and construction industries.
Protective headwear for industrial environments is used to reduce the chance of injury in difficult work environments. There are many options for the product, including different designs and colors. The helmet's colors indicate different uses for the safety gear in various applications. The color can also signify different designations within different organizations.
In many economies in Central and South America, there has been a high number of head injuries due to poor safety awareness and the inability of employees to use safety helmets in various mining and manufacturing activities. This will lead to an increase in demand for safety helmets throughout the forecast period.
The projected growth in industrialization in many developing countries is expected to increase the demand for safety helmets. Safety helmets will continue to grow in the future due to the increasing importance of safety for employees to prevent head injuries while at work.
Material Insights
The market leader in polyethylene (PE), helmets accounted for over 75.3% of global revenue in 2019. Because PE is so inexpensive, the PE helmets are more affordable than helmets made from other materials. This will continue to be the dominant segment for the forecast period.
Safety helmets can also be made from Polycarbonate (PC), and Acrylonitrile Butadiene Sterene (ABS). The market is expected to grow due to rising safety concerns and manufacturers' efforts to create safety helmets that provide superior head protection.
ABS helmets will see the highest CAGR at 5.1% between 2020 and 2027. This is due to factors like high thermal stability, durability, and low replacement costs. Additionally, ABS helmets will see increased usage in the manufacturing, oil and gas and power generation industries over the forecast period.
Due to the product attributes of PC, such as better protection against extreme temperatures and harmful UV rays and other chemicals, the Polycarbonate (PC), segment will see a moderate CAGR during this forecast period. These helmets are also dielectric and have dimensional stability.
Product Insights
The market leader in hard hats was more than 86.22%, owing to increased demand in the mining, manufacturing and construction industries across various countries, including North America and Europe. These hats are expected to be able to protect workers working near electrical conductors from electrical shock, which will help to boost growth.
The market can be divided into two types based on its product: hard hats or bump caps. Type I and II are the hard hats, while type II is for bump caps. The bump caps can be divided into soft bump and hard bump caps. Market growth is expected to be driven by the availability of safety helmets in a variety of designs and specifications. Market growth is expected to be driven by the availability of high-quality safety helmets for industrial use in a variety of industries.
Bump caps can be used as an alternative to traditional safety helmets. Bump caps are more popular because they are lightweight and less stressful on the neck. The product is not recommended for use in industrial applications where there are severe hazards.
From 2020 to 2027, the bump caps segment will grow at 4.1% CAGR. This is due to its increased use in situations that present a lower risk to workers. This product is used to protect against head bumping from objects placed above the work area or shop floor.
End-use Insights
Construction dominated the market, accounting for over 43.6% of global revenue in 2019. This is due to the growing demand for better infrastructure, such as roads, harbors and railways. It will also stimulate demand for safety helmets in the future.
The market for industrial safety helmets is mainly divided into three categories: mining, construction, and manufacturing. Due to its advantages like shock absorption and protection against the vertical and side impact that can cause serious head injuries to workers, the demand for the product will grow in these end-use markets.
It is also used in many other industries, including power generation and oil and gas. The demand for industrial head protection products will increase due to the increased demand from consumers.
Due to rising demand from different end-use industries for natural resources, the mining industry will see a 5.1% CAGR over the forecast period. This will drive the demand for safety helmets that provide head protection to miners who are subject to many potential accidents.
Regional Insights
North America was the dominant market, accounting for 33.7% of global revenue in 2019. The region's demand is expected to grow moderately over the forecast period due to the growing need for safety helmets that are high-utility and efficient in many industries, including metal fabrication.
Asia Pacific will see the highest CAGR at 6.1% between 2020 and 2027 due to the increasing number of fatalities and severe occupational head injuries in countries like China and India. Safety helmets will be in high demand due to the growth of the construction and manufacturing sectors in the region.
Safety helmets are being mandated by governments in Asia Pacific countries, including India and China, to protect employees. Market growth will likely be influenced by the proactive actions of various associations like ASTM, ANSI and ISO.
Due to the increasing workforce in countries like the U.S. and China, the end-use industries, including construction and manufacturing, are expected to experience significant growth. Safety helmets will be in high demand due to the increasing safety regulations for employees.
Market Share Insights & Key Companies
Multinationals are present in the market, making it competitive. This market is characterised by the presence of large consumer bases across the globe, with companies operating through dedicated distribution channels. Pricing pressure will be a challenge for manufacturers. But, the global and local players are expected to help them achieve market dominance through strategic product differentiation.
Manufacturers are focusing their efforts on improving safety helmets to suit different environmental conditions. Market growth is expected to be aided by the availability of a broad range of safety helmets in varying designs and specifications. The safety helmets market is dominated by the following players:
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Delta Plus Group
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Bullard
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Honeywell International Inc.
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3M
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MSA
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JSP
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Polison Corporation
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Dragerwerk AG & Co. KGaA
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Uvex Group
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Centurion Safety Products Ltd.
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Schuberth GmbH
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Concord Helmet & Safety Products Pvt. Ltd.
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OccuNomix International LLC
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VOSS-HELME GmbH and Co. KG
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Pyramex
Up Market Research published a new report titled “Safety Helmet Market research report which is segmented by Material (PE, ABS, PC), by Product (Bump Caps, Hard Hats), by End Use (Mining, Manufacturing, Construction), By Players/Companies Centurion Safety Products Ltd, Honeywell International Inc, Pyramex, 3M, Dr¤gerwerk AG & Co KGaA, MSA, JSP, Polison Corporation, Bullard, Uvex Group, Delta Plus Group, VOSS-HELME GmbH & Co KG, OccuNomix International LLC, Schuberth GmbH, Concord Helmet & Safety Products Pvt Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Safety Helmet Market Research Report |
By Material | PE, ABS, PC |
By Product | Bump Caps, Hard Hats |
By End Use | Mining, Manufacturing, Construction |
By Companies | Centurion Safety Products Ltd, Honeywell International Inc, Pyramex, 3M, Dr¤gerwerk AG & Co KGaA, MSA, JSP, Polison Corporation, Bullard, Uvex Group, Delta Plus Group, VOSS-HELME GmbH & Co KG, OccuNomix International LLC, Schuberth GmbH, Concord Helmet & Safety Products Pvt Ltd |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 228 |
Number of Tables & Figures | 160 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Safety Helmet Market Report Segments:
The market is segmented by Material (PE, ABS, PC), by Product (Bump Caps, Hard Hats), by End Use (Mining, Manufacturing, Construction).
Safety Helmet Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Safety Helmet Market
Overview of the regional outlook of the Safety Helmet Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Safety Helmet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Safety Helmet Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. PE
2. ABS
3. PC
7. By Product:1. Bump Caps
2. Hard Hats
8. By End Use:1. Mining
2. Manufacturing
3. Construction
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Safety Helmet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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Reasons to Purchase the Safety Helmet Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Safety Helmet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Safety Helmet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Safety Helmet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Safety Helmet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Safety Helmet Market Size & Forecast, 2018-2028
4.5.1 Safety Helmet Market Size and Y-o-Y Growth
4.5.2 Safety Helmet Market Absolute $ Opportunity
Chapter 5 Global Safety Helmet Market Analysis and Forecast by Material
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Material
5.1.2 Basis Point Share (BPS) Analysis by Material
5.1.3 Absolute $ Opportunity Assessment by Material
5.2 Safety Helmet Market Size Forecast by Material
5.2.1 PE
5.2.2 ABS
5.2.3 PC
5.3 Market Attractiveness Analysis by Material
Chapter 6 Global Safety Helmet Market Analysis and Forecast by Product
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Product
6.1.2 Basis Point Share (BPS) Analysis by Product
6.1.3 Absolute $ Opportunity Assessment by Product
6.2 Safety Helmet Market Size Forecast by Product
6.2.1 Bump Caps
6.2.2 Hard Hats
6.3 Market Attractiveness Analysis by Product
Chapter 7 Global Safety Helmet Market Analysis and Forecast by End Use
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by End Use
7.1.2 Basis Point Share (BPS) Analysis by End Use
7.1.3 Absolute $ Opportunity Assessment by End Use
7.2 Safety Helmet Market Size Forecast by End Use
7.2.1 Mining
7.2.2 Manufacturing
7.2.3 Construction
7.3 Market Attractiveness Analysis by End Use
Chapter 8 Global Safety Helmet Market Analysis and Forecast by Region
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities by Region
8.1.2 Basis Point Share (BPS) Analysis by Region
8.1.3 Absolute $ Opportunity Assessment by Region
8.2 Safety Helmet Market Size Forecast by Region
8.2.1 North America
8.2.2 Europe
8.2.3 Asia Pacific
8.2.4 Latin America
8.2.5 Middle East & Africa (MEA)
8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
9.1 Introduction
9.2 Current & Future Impact Analysis
9.3 Economic Impact Analysis
9.4 Government Policies
9.5 Investment Scenario
Chapter 10 North America Safety Helmet Analysis and Forecast
10.1 Introduction
10.2 North America Safety Helmet Market Size Forecast by Country
10.2.1 U.S.
10.2.2 Canada
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 North America Safety Helmet Market Size Forecast by Material
10.6.1 PE
10.6.2 ABS
10.6.3 PC
10.7 Basis Point Share (BPS) Analysis by Material
10.8 Absolute $ Opportunity Assessment by Material
10.9 Market Attractiveness Analysis by Material
10.10 North America Safety Helmet Market Size Forecast by Product
10.10.1 Bump Caps
10.10.2 Hard Hats
10.11 Basis Point Share (BPS) Analysis by Product
10.12 Absolute $ Opportunity Assessment by Product
10.13 Market Attractiveness Analysis by Product
10.14 North America Safety Helmet Market Size Forecast by End Use
10.14.1 Mining
10.14.2 Manufacturing
10.14.3 Construction
10.15 Basis Point Share (BPS) Analysis by End Use
10.16 Absolute $ Opportunity Assessment by End Use
10.17 Market Attractiveness Analysis by End Use
Chapter 11 Europe Safety Helmet Analysis and Forecast
11.1 Introduction
11.2 Europe Safety Helmet Market Size Forecast by Country
11.2.1 Germany
11.2.2 France
11.2.3 Italy
11.2.4 U.K.
11.2.5 Spain
11.2.6 Russia
11.2.7 Rest of Europe
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Europe Safety Helmet Market Size Forecast by Material
11.6.1 PE
11.6.2 ABS
11.6.3 PC
11.7 Basis Point Share (BPS) Analysis by Material
11.8 Absolute $ Opportunity Assessment by Material
11.9 Market Attractiveness Analysis by Material
11.10 Europe Safety Helmet Market Size Forecast by Product
11.10.1 Bump Caps
11.10.2 Hard Hats
11.11 Basis Point Share (BPS) Analysis by Product
11.12 Absolute $ Opportunity Assessment by Product
11.13 Market Attractiveness Analysis by Product
11.14 Europe Safety Helmet Market Size Forecast by End Use
11.14.1 Mining
11.14.2 Manufacturing
11.14.3 Construction
11.15 Basis Point Share (BPS) Analysis by End Use
11.16 Absolute $ Opportunity Assessment by End Use
11.17 Market Attractiveness Analysis by End Use
Chapter 12 Asia Pacific Safety Helmet Analysis and Forecast
12.1 Introduction
12.2 Asia Pacific Safety Helmet Market Size Forecast by Country
12.2.1 China
12.2.2 Japan
12.2.3 South Korea
12.2.4 India
12.2.5 Australia
12.2.6 South East Asia (SEA)
12.2.7 Rest of Asia Pacific (APAC)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Asia Pacific Safety Helmet Market Size Forecast by Material
12.6.1 PE
12.6.2 ABS
12.6.3 PC
12.7 Basis Point Share (BPS) Analysis by Material
12.8 Absolute $ Opportunity Assessment by Material
12.9 Market Attractiveness Analysis by Material
12.10 Asia Pacific Safety Helmet Market Size Forecast by Product
12.10.1 Bump Caps
12.10.2 Hard Hats
12.11 Basis Point Share (BPS) Analysis by Product
12.12 Absolute $ Opportunity Assessment by Product
12.13 Market Attractiveness Analysis by Product
12.14 Asia Pacific Safety Helmet Market Size Forecast by End Use
12.14.1 Mining
12.14.2 Manufacturing
12.14.3 Construction
12.15 Basis Point Share (BPS) Analysis by End Use
12.16 Absolute $ Opportunity Assessment by End Use
12.17 Market Attractiveness Analysis by End Use
Chapter 13 Latin America Safety Helmet Analysis and Forecast
13.1 Introduction
13.2 Latin America Safety Helmet Market Size Forecast by Country
13.2.1 Brazil
13.2.2 Mexico
13.2.3 Rest of Latin America (LATAM)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Latin America Safety Helmet Market Size Forecast by Material
13.6.1 PE
13.6.2 ABS
13.6.3 PC
13.7 Basis Point Share (BPS) Analysis by Material
13.8 Absolute $ Opportunity Assessment by Material
13.9 Market Attractiveness Analysis by Material
13.10 Latin America Safety Helmet Market Size Forecast by Product
13.10.1 Bump Caps
13.10.2 Hard Hats
13.11 Basis Point Share (BPS) Analysis by Product
13.12 Absolute $ Opportunity Assessment by Product
13.13 Market Attractiveness Analysis by Product
13.14 Latin America Safety Helmet Market Size Forecast by End Use
13.14.1 Mining
13.14.2 Manufacturing
13.14.3 Construction
13.15 Basis Point Share (BPS) Analysis by End Use
13.16 Absolute $ Opportunity Assessment by End Use
13.17 Market Attractiveness Analysis by End Use
Chapter 14 Middle East & Africa (MEA) Safety Helmet Analysis and Forecast
14.1 Introduction
14.2 Middle East & Africa (MEA) Safety Helmet Market Size Forecast by Country
14.2.1 Saudi Arabia
14.2.2 South Africa
14.2.3 UAE
14.2.4 Rest of Middle East & Africa (MEA)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Middle East & Africa (MEA) Safety Helmet Market Size Forecast by Material
14.6.1 PE
14.6.2 ABS
14.6.3 PC
14.7 Basis Point Share (BPS) Analysis by Material
14.8 Absolute $ Opportunity Assessment by Material
14.9 Market Attractiveness Analysis by Material
14.10 Middle East & Africa (MEA) Safety Helmet Market Size Forecast by Product
14.10.1 Bump Caps
14.10.2 Hard Hats
14.11 Basis Point Share (BPS) Analysis by Product
14.12 Absolute $ Opportunity Assessment by Product
14.13 Market Attractiveness Analysis by Product
14.14 Middle East & Africa (MEA) Safety Helmet Market Size Forecast by End Use
14.14.1 Mining
14.14.2 Manufacturing
14.14.3 Construction
14.15 Basis Point Share (BPS) Analysis by End Use
14.16 Absolute $ Opportunity Assessment by End Use
14.17 Market Attractiveness Analysis by End Use
Chapter 15 Competition Landscape
15.1 Safety Helmet Market: Competitive Dashboard
15.2 Global Safety Helmet Market: Market Share Analysis, 2019
15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
15.3.1 Centurion Safety Products Ltd
15.3.2 Honeywell International Inc
15.3.3 Pyramex
15.3.4 3M
15.3.5 Dr¤gerwerk AG & Co KGaA
15.3.6 MSA
15.3.7 JSP
15.3.8 Polison Corporation
15.3.9 Bullard
15.3.10 Uvex Group
15.3.11 Delta Plus Group
15.3.12 VOSS-HELME GmbH & Co KG
15.3.13 OccuNomix International LLC
15.3.14 Schuberth GmbH
15.3.15 Concord Helmet & Safety Products Pvt Ltd