Safety Helmets Market Size, Share & Trends Analysis Report By Material (PE, ABS, PC), By Product (Hard Hats, Bump Caps), By End-user (Mining, Construction), By Region (EU, APAC), And Segment Forecasts, 2022 - 2030

Report Overview

The global safety helmets market size was estimated at USD 3.9 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 7.6% from 2022 to 2030. The rising incidence of brain injuries across various industries, including construction, mining, and manufacturing, has boosted worker safety awareness, along with statutory restrictions, which is expected to augment industry growth over the forecast period. The pandemic has also led safety helmet manufacturers to use technology as a potential driver for the industry. Companies have been able to use Industrial IoT and AI to develop additional support features for helmets, such as a multi-directional impact protection system and technology, to reduce lead time during an emergency by MIPS and twICEme.

As the world returns to normalcy, the demand for smart helmets with the ability to reduce process times is expected to augment industry growth. The rising COVID-19 cases in the U.S. along with the presence of stringent regulations regarding employee safety augment the product demand. Moreover, substantial penalties for non-compliance with safety standards have surged product adoption in the country. Safety helmets and other industrial head protection gears are primarily used to lower the risk of harm in challenging workplaces. The product is available in a variety of specs, styles, and hues. Different colored helmets signify diverse ways in which the safety equipment is used in various contexts.

Owing to the higher product acceptance in various end-user industries, such as the welding, mining, chemical, and construction industries, PE helmets are likely to lead the industry. The lack of use of safety helmets in various end-user industries, such as manufacturing, mining, and construction activities, coupled with low responsiveness regarding employee safety have resulted in severe head injuries in various parts of South and Central America. This, in turn, is projected to augment product demand in the region over the forecast period.Over the forecasted period, growing industrialization in numerous emerging economies is expected to strengthen product demand. The rising importance of personnel safety to avoid head injuries during work hours is anticipated to drive the product demand.

Material Insights

The polyethylene material segment dominated the global industry and accounted for more than 65.50% of the overall revenue share in 2021. The PE helmets are low-priced when compared to helmets made from other materials owing to the low costs of polyethylene. This is anticipated to result in the continued dominance of the segment over the forecast period.The Polycarbonate (PC) and Acrylonitrile Butadiene Styrene (ABS) material segments are anticipated to expand as a result of the growing worker safety concerns and attempts by manufacturers to develop the product using the aforementioned materials that provide greater head protection.

The ABS material segmentis anticipated to expand at the fastest CAGR over the forecast period owing to its excellent thermal stability and durability, which lowers the cost of replacement of these products. In addition, the growing use of ABS helmets in the manufacturing, oil & gas, and power productionsectors will drive the growth further. The PC material segment is estimated to register a moderate CAGR over the forecast period owing to product features including high resistance to harsh temperatures, damaging UV radiation, and numerous chemicals. PC helmets also have dimensional stability and dielectric characteristics.

Product Insights

The hard hats segment dominated the industry in 2021 and accounted for more than 87.10% of the overall revenue share owing to the increased demand for hard hats in the mining, manufacturing, and construction industries in various economies including North America and Europe. In addition, it is anticipated that the capacity of these helmets to protect workers who are close to exposed electrical wires from electrical shock would boost industrial growth.The easy accessibility of safety helmets available in a wide range of specifications and forms propels their demand.

The high functionality of this product in a variety of end-user sectors would spur industry expansion over the projected years.Bump caps are regarded as an alternative to this product with conventional designs. The exceptional mobility and less strain on the wearer’s neck due to bump caps are two reasons for their increased use. The product, however, is not appropriate for industrial applications that expose workers to potential dangers.The bump caps product segment is expected to grow at a steady CAGR over the forecast period owing to wide usage in situations that pose a lower risk of accidents to workers. Bump caps are mostly used to ensure protection against accidental head bumps to objects that are hung overhead at the workplace or on the shop floor.

End-user Insights

The construction end-user segment dominated the industry in 2021 and accounted for more than 42.00% of the overall revenue share owing to increased demand for improved public infrastructure, such as harbors, rail transport systems, roadways, and rail transport systems, thereby stimulating demand for these products over the forecast period. The product demand is projected to witness growth in the construction, mining, and manufacturing end-user industries owing to advantages, such as shock absorption and protection from the vertical and lateral impact that can cause severe head injury to the workers.

Safety helmets are also used in various other end-user industries, such as oil & gas, chemicals, and power generation. 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 steady CAGR over the forecast period owing to the rising demand for natural resources from various end-user industries. This, in turn, is expected to drive the product demand to ensure the safety of mineworkers that are exposed to several potential accidents.

Regional Insights

The Europe region dominated the industry and accounted for 31.00% of the overall revenue in 2021 owing to the presence of several manufacturing facilities in the country. Rapid growth in the automobile manufacturing sector is likely to boost product demand to prevent workplace accidents and improve worker safety. Asia Pacific is projected to grow as the fastest-growing regional market during the forecast period on account of the increased occupational head injuries and fatalities in economies, such as India and China. Furthermore, the growing construction and manufacturing sectors in the region are anticipated to strengthen the product demand over the forecast period.

The increasing need for effective safety helmets in North America across various key industries, such as metal manufacturing and construction, will drive the region’s growth. In addition, the incorporation of stringent regulations imposed by the Occupational Safety and Health Administration (OSHA) is likely to have a positive impact on product demand. Policy changes aimed at reducing road traffic accidents in Latin America over the last few years have varied greatly across regions and countries. Furthermore, government mandates for wearing helmets while driving, combined with rising estimates of tragic deaths from head injuries, would fuel the product demand across the region.

Key Companies & Market Share Insights

The industry is distinguished by the existence of a large global customer base with the businesses conducting their operations through specialized distribution networks. Manufacturers face tough pricing pressure in this industry. However, it is projected that deliberate product differentiation by local and international competitors would help in securing market domination.Players are actively adopting strategies, such as mergers and acquisitions, product development, product launches, and distribution channels. In addition, the availability of a wide variety of safety helmets with varied designs and features is anticipated to propel the industry growth.  Some of the prominent players in the global safety helmets market include:

• Delta Plus Group

• Bullard

• Honeywell International Inc.

• 3M

• MSA

• JSP

• Polison Corp.

• Drägerwerk AG & Co. KGaA

• Uvex Group

Safety Helmets Market Report Scope

Global Safety Helmets Market Segmentation

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 2022 to 2030. For the purpose of this study, Grand View Research has segmented the global safety helmets market report based on material, product, end-user, and region:

• Material Outlook (Revenue, USD Million, 2017 - 2030)

  • Polyethylene

  • Acrylonitrile Butadiene Styrene

  • Polycarbonate

• Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Hard Hats

    • Type I

    • Type II

  • Bump Caps

    • Hard Bump Camps

    • Soft Bump Caps

• End-user Outlook (Revenue, USD Million, 2017 - 2030)

  • Construction

  • Manufacturing

  • Mining

  • Others

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • U.K.

    • Italy

    • Spain

  • The Asia Pacific

    • China

    • Japan

    • India

    • Australia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East and Africa

    • Saudi Arabia

    • South Africa