Safety Helmet Market Size, Share & Trends Analysis Report By Material (ABS, PE, PC), By End Use (Construction, Manufacturing, Mining), By Product (Hard Hats, Bump Caps), By Region, And Segment Forecasts, 2020 - 2027

Report Overview 

The global safety helmet market size was valued at USD 1.8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% over the forecast period. Rising need for safety helmets primarily in the sector including construction, manufacturing, and mining coupled with surging instances of head injuries at workplaces is expected to augment market growth over the forecast period. The market is anticipated to exhibit robust growth from 2020 to 2027 on account of the propelling construction and infrastructure sector, which in turn is likely to drive the demand for construction safety helmets. Furthermore, rising awareness regarding workers' safety in economies including India and China is projected to drive the market. The presence of stringent regulations in the U.S. concerning employee safety coupled with massive penalties for non-compliance with safety standards has surged the adoption of safety helmets in the economy. In addition, the PE helmets are likely to dominate the market due to its higher acceptance in welding, mining, chemical, and construction industry.

Industrial head protection products are primarily used for reducing the risk of injury possible in challenging work environments. The product is available in diversified specifications, designs, and colors. Different colors of the helmet signify varied use of the safety gear at various applications. Furthermore, the color also signifies different designations in different organizations.

Low awareness regarding employee safety and lack of using safety helmets during various manufacturing, mining, and construction activities have resulted in severe head injuries in various economies of Central and South America. This, in turn, is projected to bolster the demand for safety helmets in the region over the forecast period.

Surging industrialization in several developing economies is anticipated to bolster the demand for safety helmets over the projected period. The growing importance of personnel safety to avoid head injuries during work hours is anticipated to drive the demand for safety helmet market growth over the coming years.

Material Insights

Polyethylene (PE) helmets led the market and accounted for more than 75.3% share of the global revenue in 2019. The PE helmets are reasonably priced compared to the helmets manufactured from other materials owing to the inexpensiveness of PE. This is anticipated to result in the continued dominance of the segment over the forecast period.

Safety helmets are also manufactured using Polycarbonate (PC) and Acrylonitrile Butadiene Styrene (ABS). Rising concerns regarding workers' safety coupled with initiatives by manufacturers to develop safety helmets using the aforementioned materials that offer superior head protection are likely to drive the market.

ABS helmets are projected to witness the highest CAGR of 5.1%, from 2020 to 2027 on account of factors such as high thermal stability and durability that result in low product replacement costs. In addition, growing usage of ABS helmets in industries including manufacturing, oil and gas, and power generation is anticipated to witness segment growth over the forecast period.

The Polycarbonate (PC) segment is expected to witness a moderate CAGR over the forecast period owing to product attributes such as superior protection from extreme temperature conditions, harmful ultraviolet rays, and various chemicals. In addition, these helmets made from PC exhibit dielectric properties and dimensional stability.

Product Insights

Hard hats led the market and accounted for more than 86.2% of the global revenue share in 2019, owing to the increased demand for type I hard hats in mining, manufacturing, and construction industries in various economies including Europe and North America. Furthermore, the ability of these hats to provide protection against electrical shock for personnel working near exposed electrical conductors is expected to complement growth.

Based on the product, the market is largely segmented into two types, namely hard hats and bump caps. The hard hats are further categorized as type I and type II, whereas the bump caps are divided into hard bump and soft bump caps. The availability of the safety helmets with varied designs and specifications is anticipated to be one of the major factors responsible for market growth. In addition, the high functionality of industrial safety helmets in a wide array of end-use industries is also anticipated to propel market growth in the coming years.

The bump caps are considered as an alternative to traditionally designed safety helmets. The increased usage of the bump caps can be attributed to factors such as extreme portability coupled with lower stress upon the wearer’s neck. However, the product is not suitable for industrial applications that involve exposure to severe potential hazards.

The bump caps product segment is anticipated to bolster at a CAGR of 4.1% from 2020 to 2027 on account of its increased usage in situations that pose a lower risk of accidents to the workers. The product type is primarily used for ensuring protection against accidental head bumping to objects that are placed overhead at the workplace or shop floor.

End-use Insights

The construction segment dominated the market and accounted for more than 43.6% share of the global revenue in 2019. The growth is attributed to increasing demand for better public infrastructure such as roadways, harbors, airports, and rail transport systems, thereby stimulating demand for safety helmets over the coming years.

In terms of end-use, the industrial safety helmets market is majorly categorized into construction, mining, and manufacturing. The demand for the product is projected to witness growth in the aforementioned end-use industries owing to advantages such as shock absorption and protection from the vertical and lateral impact that is likely to cause severe head injury to the workers.

The product is also used in various other end-use industries including oil and gas, power generation, and chemicals. Growth in the power generation industry owing to increased consumer demands is expected to bolster the demand for a wide array of industrial head protection products over the forecast period.

The mining industry is projected to witness a CAGR of 5.1% over the forecast period owing to the rising demand for natural resources from various end-use industries. This, in turn, is expected to drive the demand for safety helmets to ensure head protection to mineworkers that are exposed to several potential accidents.

Regional Insights

North America dominated the market and accounted for over 33.7% share of global revenue in 2019. Furthermore, the demand in the region is anticipated to witness moderate growth over the forecast period owing to the increasing need for high-utility and effective safety helmets in major industries including construction and metal manufacturing.

Asia Pacific is anticipated to witness the highest CAGR of 6.1%, from 2020 to 2027 on account of the rising number of severe occupational head injuries and fatalities in economies such as China and India. The growing manufacturing and construction sector in the region is further expected to bolster the demand for safety helmets over the forecast period.

Government across various Asia Pacific economies including China and India are mandating the use of safety helmets to ensure employee safety. Furthermore, growing proactive measures taken by various associations such as ASTM, ANSI, and ISO are likely to have a positive impact on market growth.

End-use industries including manufacturing, construction, and chemicals are expected to witness considerable growth due to the growing workforce in economies including the U.S., Japan, Germany, India, and China. In addition, increasingly stringent regulations pertaining to employee safety is projected to bolster the demand for safety helmets over the forecast period.

Key Companies & Market Share Insights

The market is competitive in nature due to the presence of multinationals operating in the industry. The market is characterized by the presence of a significant consumer base across the globe with the companies operating their business through dedicated distribution networks. The manufacturers are likely to witness challenges in terms of pricing pressure. However strategic product differentiation by the local and global players is anticipated to aid in achieving market dominance.

Manufacturers are engaged in focusing on the modification of the existing products and developing additional accessories to enhance the usability of safety helmets for diversified environmental conditions. In addition, the availability of a wide range of safety helmets with diversified designs and specifications is projected to bolster market growth. Some of the prominent players in the safety helmets market include:

• Delta Plus Group

• Bullard

• Honeywell International Inc.

• 3M

• MSA

• JSP

• Polison Corporation

• Drägerwerk AG & Co. KGaA

• Uvex Group

• Centurion Safety Products Ltd.

• Schuberth GmbH

• Concord Helmet & Safety Products Pvt. Ltd.

• OccuNomix International LLC

• VOSS-HELME GmbH & Co. KG

• Pyramex

Safety Helmet Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2027. For the purpose of this study, Grand View Research has segmented the global safety helmets market report on the basis of material, product, end-use, and region:

• Material Outlook (Revenue, USD Million, 2016 - 2027)

  • Polyethylene

  • Acrylonitrile Butadiene Styrene

  • Polycarbonate

• Product Outlook (Revenue, USD Million, 2016 - 2027)

  • Hard Hats

    • Type I

    • Type II

  • Bump Caps

    • Hard Bump Caps

    • Soft Bump Caps

• End-use Outlook (Revenue, USD Million, 2016 - 2027)

  • Construction

  • Manufacturing

  • Mining

  • Others

• Regional Outlook (Revenue, USD Million, 2016 - 2027)

  • North America

    • The U.S.

    • Canada

    • Mexico

  • Europe

    • France

    • Germany

    • Italy

    • Spain

    • The U.K.

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

  • Central & South America

    • Argentina

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

    • South Africa