Bike Helmet Market 2020 – Global Industry Market Report 2027
Market Highlights The global bike helmet market will grow at a CAGR of 5.35% during the forecast period. The market for bike helmet is set to reach US$1.12 billion by 2024. As per bike helmet market analysts, the global market is anticipated to witness growth owing to the factors such as the growing demand for safety bike equipment as well as the existence of safety legislation and laws. However, the market will face challenges and restraints due to concerns regarding counterfeit products and an unorganized retail sector during the forecast period. The increasing number of bikes on the road in the market will support the growth. As per market analysts, the bike helmet market-based companies will face certain challenges during the forecast period. The market research report provides in-depth analysis of the type, application and region segments. The research report presents factors such as the high initial price that could slow down the market's growth. Key Players Bike helmet has