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Canada Motorcycle Helmet Market Overview, 2028


A number of factors, such as governmental restrictions, safety awareness initiatives, and the rising popularity of motorcycling as a recreational activity, are influencing the growth of the motorcy... もっと見る

 

 

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2023年3月31日 US$1,950
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Summary

A number of factors, such as governmental restrictions, safety awareness initiatives, and the rising popularity of motorcycling as a recreational activity, are influencing the growth of the motorcycle helmet market in Canada. The Canadian motorcycle industry is one sector that is influencing the growth of the motorcycle helmet market in this country. The demand for helmets rises in direct proportion to the number of persons who start riding motorcycles. Manufacturers and sellers of motorcycles are also promoting safety and stressing how crucial it is to wear a helmet when riding sensibly. Technology is another industry that is influencing the growth of the motorbike market. The demand for helmets with these features is being driven by the growing availability of enhanced safety features, including as integrated communication systems and built-in cameras. In Canada, helmet laws are stipulated by the province or territory. Usually, they only require that a helmet meet one of the DOT, Snell or ECE ratings. And in many cases, archaic certifications like the Snell M2005, BSI and CSA are legally acceptable as well. A Snell-certified helmet ensures the most impact absorption and often has the thickest foam layers to back it up. In contrast, ECE operates under the assumption that impact absorption must be balanced with weight. The idea is that a lighter helmet gives your head less inertia in a crash, which can reduce neck and back injury. As far as research can tell, ECE may have something here. MotoGP thinks so too, as they require ECE style helmets for their racer.

According to the research report, “Canada Motorcycle Helmet Market Overview, 2028” published by Bonafide Research, the Canada market is projected to reach market size around USD 70 Million by 2028. All motorcycle helmets sold in Canada are required to adhere to safety requirements specified by the government. All motorcyclists are required to wear helmets as a result of these rules, which have also contributed to raise the general safety of helmets. In Canada, more people are taking up the pastime of motorcycling, which is growing in popularity. There is a comparable rise in the demand for helmets as a result. Major motorcycle rallies like the Toronto Motorcycle Show, Montreal Motorcycle Show, and Vancouver Motorcycle Show frequently have safety exhibits and displays that encourage the usage of helmets and other safety precautions. Based on research the motorcycle helmet market of Canada is segmented into smart and non-smart. The smart helmet segment is expected to dominate the market of motorcycle helmet in Canada because of their advanced technology and innovative features that improve motorbike riders' safety and convenience. Bluetooth connectivity, built-in cameras, and GPS systems are among the advanced features found in smart helmets. These features allow riders to stay connected to their phones while riding, listen to music or receive voice instructions, record footage of their rides, and easily navigate with turn-by-turn directions. These are some significant features of smart helmets that are propelling the market growth of smart helmets.

The two-wheeler industry in Canada contributes significantly to the growth of the motorcycle helmet market. This is because the number of motorcycles and scooters in use in the country is closely related to the demand for helmets. The demand for helmets grows in tandem with the number of two-wheelers on the road. In recent years, the Canadian two-wheeler industry has seen steady growth, with an increase in the number of motorcycles, scooters, and e-bikes sold and registered. According to MMIC data, over 48,000 motorcycles and scooters will be sold in Canada in 2020, representing a 5.5% increase over the previous year. Furthermore, there has been an increase in demand for e-bikes in Canada.

The market is divided into three categories: full face, half face, and off-road racing. Among them, the full-face helmet had the highest market share. During the forecast period, the full-face helmet is expected to dominate the Canadian helmet market. Because they cover the entire head, including the face and chin, full-face helmets provide the most protection for riders. As a result, they are the safest choice for motorcyclists and bicyclists, particularly in high-speed or high-impact situations. Because they have a secure fit and can provide better ventilation and noise reduction, full-face helmets are often more comfortable to wear than other types of helmets. They also protect riders from the elements such as wind, rain, and snow, making for a more comfortable riding experience. Full-face helmets are available in a variety of styles and designs, making them a popular choice among riders who want to express their individuality. They can be customised with graphics, colours, and other elements to create a one-of-a-kind look.

The market is segmented into offline and online distribution channels. Currently, the offline distribution channel dominates the market. During the forecast period, the online segment is expected to dominate the helmet market in Canada significantly. Customers can browse and purchase helmets from the comfort of their own homes, eliminating the need to visit a physical store. This is especially useful for customers who don't live near a motorcycle or bicycle shop or who have hectic schedules and little time to shop in person. Because they have lower overhead costs and can take advantage of economies of scale, online retailers frequently offer lower prices on helmets than brick-and-mortar stores. This can make it more affordable for customers to purchase high-quality helmets.

The market is divided into two segments based on end users: riders and passengers. During the forecast period, the rider segment will account for the majority of the helmet market in Canada. The rider segment is the most important market for helmets in the Canada for several reasons. Motorcycle riding is a popular recreational activity as well as a mode of transportation in Canada, with millions of riders hitting the road each year. As a result, there is a significant market for motorcycle helmets, with many riders looking for high-quality, long-lasting helmets that will keep them safe in the event of an accident. Helmets are required by law in many states for motorcycle riders.

There are several local manufacturers of motorcycle helmets in Canada HJC Helmets: HJC Helmets is a Canadian manufacturer of motorcycle helmets. The company produces a range of helmets, including full-face, modular, and open-face helmets, and has been in operation for over 45 years. Voss Helmets: Voss Helmets is a Vancouver-based manufacturer of motorcycle helmets. The company produces a range of helmets, including full-face, half, and open-face helmets, and is known for its innovative designs and technologies.

Considered in this report
• Geography: Canada
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• Canada Helmet market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Full Face
• Half Face
• Off Road/ Racing

By Distribution Channel:
• Offline
• Online

By End User:
• Rider
• Passenger

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Motorcycle Helmet industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.







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Table of Contents

Table of Contents
1. Executive Summary
2. Market Structure
2.1. Market Considerate
2.2. Assumptions
2.3. Limitations
2.4. Abbreviations
2.5. Sources
2.6. Definitions
2.7. Geography
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Canada Macro Economic Indicators
5. Market Dynamics
5.1. Key Findings
5.2. Key Developments - 2021
5.3. Market Drivers & Opportunities
5.4. Market Restraints & Challenges
5.5. Market Trends
5.6. Covid-19 Effect
5.7. Supply chain Analysis
5.8. Policy & Regulatory Framework
5.9. Industry Experts Views
6. Canada Motorcycle Helmet Market Overview
6.1. Market Size By Value
6.2. Market Size and Forecast By Product Type
6.3. Market Size and Forecast By Distribution Channel
6.4. Market Size and Forecast By End User
7. Canada Motorcycle Helmet Market Segmentations
7.1. Canada Motorcycle Helmet Market, By Product Type
7.1.1. Canada Motorcycle Helmet Market Size, By Full Face, 2017-2028
7.1.2. Canada Motorcycle Helmet Market Size, By Half Face, 2017-2028
7.1.3. Canada Motorcycle Helmet Market Size, By Off Road/ Racing, 2017-2028
7.2. Canada Motorcycle Helmet Market, By Distribution Channel
7.2.1. Canada Motorcycle Helmet Market Size, By Offline, 2017-2028
7.2.2. Canada Motorcycle Helmet Market Size, By Online, 2017-2028
7.3. Canada Motorcycle Helmet Market, By End User
7.3.1. Canada Motorcycle Helmet Market Size, By Rider, 2017-2028
7.3.2. Canada Motorcycle Helmet Market Size, By Passenger, 2017-2028
8. Canada Motorcycle Helmet Market Opportunity Assessment
8.1. By Product Type, 2023 to 2028
8.2. By Distribution Channel, 2023 to 2028
8.3. By End User, 2023 to 2028
9. Competitive Landscape
9.1. Porter's Five Forces
9.2. Company Profile
9.2.1. Company 1
9.2.1.1. Company Snapshot
9.2.1.2. Company Overview
9.2.1.3. Financial Highlights
9.2.1.4. Geographic Insights
9.2.1.5. Business Segment & Performance
9.2.1.6. Product Portfolio
9.2.1.7. Key Executives
9.2.1.8. Strategic Moves & Developments
9.2.2. Company 2
9.2.3. Company 3
9.2.4. Company 4
9.2.5. Company 5
9.2.6. Company 6
9.2.7. Company 7
9.2.8. Company 8
10. Strategic Recommendations
11. Disclaimer

List of Figures

Figure 1: Canada Motorcycle Helmet Market Size By Value (2017, 2022 & 2028F) (in USD Million)
Figure 2: Market Attractiveness Index, By Product Type
Figure 3: Market Attractiveness Index, By Distribution Channel
Figure 4: Market Attractiveness Index, By End User
Figure 5: Porter's Five Forces of Canada Motorcycle Helmet Market

List of Table

Table 1 : Influencing Factors for Global Motorcycle Helmet Market, 2022
Table 2: Canada Motorcycle Helmet Market Size and Forecast By Product Type (2017, 2022 & 2028F)
Table 3: Canada Motorcycle Helmet Market Size and Forecast By Distribution Channel (2017, 2022 & 2028F)
Table 4: Canada Motorcycle Helmet Market Size and Forecast By End User (2017, 2022 & 2028F)
Table 5: Canada Motorcycle Helmet Market Size of Full Face (2017 to 2028) in USD Million
Table 6: Canada Motorcycle Helmet Market Size of Half Face (2017 to 2028) in USD Million
Table 7: Canada Motorcycle Helmet Market Size of Off Road/ Racing (2017 to 2028) in USD Million
Table 8: Canada Motorcycle Helmet Market Size of Offline (2017 to 2028) in USD Million
Table 9: Canada Motorcycle Helmet Market Size of Online (2017 to 2028) in USD Million
Table 10: Canada Motorcycle Helmet Market Size of Rider (2017 to 2028) in USD Million
Table 11: Canada Motorcycle Helmet Market Size of Passenger (2017 to 2028) in USD Million

 

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