The Asia Pacific Safety Helmet Market would witness market growth of 8.3% CAGR during the forecast period (2020-2026). Safety helmets are designed to give protection to the head against falling objects and the side of the head, eyes, and neck from any unexpected impacts, bumps and electrical exposure, etc. The ever-growing incidents related to head injuries at the workplace are increasing the demand for safety helmets. In addition, the growing demand for safety helmets in various sectors like mining, construction, and other manufacturing activities are the main components that are anticipated to propel the growth of revenue of the global safety helmets market during the forecast period. Due to the fact that on average hundreds of workers suffers deadly head injuries, safety helmets become necessary features of the safety of the worksite.
Asia Pacific is foreseen to experience a significant CAGR from 2020 to 2026 by virtue of the growing number of extreme occupational head injuries and fatalities in economies, for example, China and India. The developing manufacturing and construction sector in the region are also anticipated to reinforce the demand for safety helmets over the forecast period. Government across numerous Asia Pacific economies including China and India are necessitating the utilization of safety helmets to make sure about the safety of the employee. Besides, developing proactive measures taken by different affiliations, for example, ASTM, ANSI, and ISO are probably going to positively affect market development.
The growing pace of industrialization in developing countries and the growing awareness regarding the importance of the safety and security of workers when engaged in various operations, for example, mining, construction, etc. are the components that are anticipated to fuel the growth of revenue of global safety helmet market in the upcoming years. In addition, the gradual development of end-use industries, for example, construction, manufacturing, mining, etc. is anticipated to have a huge effect on the market revenue of the safety helmet market in the next few years.
Based on Product, the market is segmented into Hard Hats and Bump Caps. Hard Hats segment is further bifurcated into Type I and Type II. Bump Caps segment is further segmented across Hard Bump Caps and Soft Bump Caps. Based on Material, the market is segmented into Polyethylene and Acrylonitrile Butadiene Styrene & Polycarbonate. Based on End User, the market is segmented into Construction, Mining, Manufacturing and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Safety Helmet Market in Asia Pacific is expected to register a CAGR of 8.3% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., 3M Company, Dragerwerk AG & Co. KGaA, Delta Plus Group, Uvex Group, Centurion Safety Products Ltd., Schuberth GmbH, OccuNomix International LLC, Concord Helmet & Safety Products Pvt. Ltd. and Pyramex Safety Products, LLC.
Market Segmentation:
By Product
By Material
By End-User
By Country
Companies Profiled
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