Motorcycle Helmet Market Size

Motorcycle Helmet Market size was valued at USD 2.6 billion in 2023 and is expected to cross USD 5.4 billion by the end of 2036, expanding at more than 7.1% CAGR during the forecast period i.e., between 2024-2036. In 2024, the industry size of motorcycle helmet is assessed at USD 2.8 billion.

Rising motorcycle accidents and the growing challenge of mitigating traffic accidents are significantly driving the market.  Motorcycle accident rates are rising, which has heightened emphasis on safety measures, including the use of advanced helmets. According to a 2023, World Health Organization (WHO) report approximately 1.19 million people die each year as a result of road traffic crashes. In response to accident statistics, regulations around helmet safety and standards are becoming stricter. This drives demand for helmets that comply with or exceed these new standards.

Moreover, understanding that helmets reduce the risk of severe injury or death encourages riders to prioritize helmet safety, thereby boosting demand. The National Highway Traffic Safety Administration (NHTSA) states that motorcycle helmets are estimated to be 37% effective in preventing fatal injuries to motorcycle operators and 41% effective for motorcycle passengers.