Report Id: SNS/EQIP/1093 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
The Safety Helmet Market Size was valued at USD 1.90 Bn in 2021 and is expected to reach USD 2.83 Bn by 2028, and grow at a CAGR of 5.8% over the forecast period 2022-2028.
Safety has forever involved worry in modern exercises, principally in building destinations. By giving more insurance we can bring down the possibilities of wounds and mishaps at building locales. Along with these lines, the significance of safeguarding the most crucial piece of the human body, the brain. Safety helmets and hard caps go about as the primary line of protection against such sort of head wounds. Safety helmets are one of the most helpful and defensive hardware to wear, safeguarding the mind and head from sway injury.
Rising requirements for basically in the area including development, assembling, and mining combined with expanding examples of head wounds in working environments is supposed to increment market development over the gauge time frame. The market is expected to show strong development from 2020 to 2028 by the pushing development and foundation area, which thus is probably going to drive the interest in the development of safety helmets. Moreover, rising mindfulness in regards to laborers' well-being in economies including India and China is projected to drive the market. The presence of rigid guidelines in the U.S. concerning worker well-being combined with monstrous punishments for resistance to security principles has flooded the reception of security protective caps in the economy. Furthermore, the safety helmet is probably going to rule the market because of its higher acknowledgment in the welding, mining, substance, and development industry.
The well-being head protector market report means to give an outline of the security cap market with bitty gritty market division by material, end-use industry, and geology. The worldwide belling cap market is supposed to observe high development during the gauge time frame. The report gives key insights available status of the main belling protective cap market players and offers key patterns and open doors in the market.
The steadily expanding examples of head wounds at work.
The rising interest for safety helmets in areas, such for example, mining, development, and other assembling activities
The consistent extension of end-use businesses like development, production, mining, and so on are scheduled to altogether affect the income development
Not enough awareness regarding employee safety in many regions.
Makers are occupied with zeroing in on the change of the current items and fostering extra accomplices to improve the ease of use.
The accessibility of a wide scope of belling caps with broadened plans and details is projected to reinforce market development.
Inferable from the openness to bright light and daylight.
The plastic utilized may be fragile and therefore the cap may not give satisfactory insurance.
Rigid guidelines in regards to the assembling and naming of security caps.
IMPACT OF COVID-19:
The Corona virus pandemic situation has prompted the closure of different building locales and has affected the deals and income of the Safety helmet market. The dissemination channels have closed down and the homegrown inventory network has been disturbed because of the execution of lockdown and transportation limitations. The worldwide inventory network of the Safety helmet market has been affected because of the commodity and import limitations forced on different nations. A few assembling units were at first closed down to forestall inescapable Ovid infections, which prompted the deficiency of labor and has diminished the necessity of safety helmets also.
ON THE OF BASIS MATERIAL:
The polyethylene fragment accounted for the largest revenue share of the global safety helmet market in 2021 and is predicted to continue to do so over the next decade. This can be attributed to the unpretentiousness of polyethylene when differentiate with other materials used for the production of safety helmets. However, the Acrylamide Butane Polystyrene (ABS) segment is anticipated to register the highest rate of revenue growth over the forecast period, due to its superior characteristics such as high durability and thermal stability. The polycarbonate fragment is also reviled to index substantial revenue growth over the next decade.
BASED ON PRODUCT:
The Safety helmets represented the greater part income portions of this worldwide market, attributable to the rising interest for these items from end-use businesses like development, mining, and assembling ventures. The knock covers section is additionally expected to file extensive development over the figure time frame.
BASED ON END USE:
The construction sector achieved the largest revenue share of this global market in 2021. The mining sector is also awaited to register remarkable revenue growth over the next decade due to rising activities in this respective industry.
KEY MARKET SEGMENTS:
Segmentation by Material:
Acrylamide Butane Polystyrene
Segmentation by Product:
Hard Bump Caps
Soft Bump Caps
Segmentation by End-Use:
North America represented the larger part income portion of the worldwide belling safety helmet market in 2021 and is supposed to record significant income development throughout the following ten years. Nonetheless, markets in the APAC locale are supposed to enlist the most noteworthy pace of income development throughout the following 10 years because of the rising mindfulness concerning representative security, as well as the dramatic development of end-use enterprises like mining, development, and so on around here.
Delta Plus Group Bullard, Honeywell International Inc., MSA JSP Poison 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 ,3M Company, Dragerwerk AG & Co. KGaA ,Pyramex Safety Products, LLC.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 1.90 Billion|
|Market Size by 2028||US$ 2.83 Billion|
|CAGR||CAGR of 5.8% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Material (Polyethylene, Acrylamide Butane Polystyrene, Polycarbonate)
• by Product (Hard Hats, Bump Caps, Hard Bump Caps, Soft Bump Caps)
• by End-use (Construction, Manufacturing, Mining Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Delta Plus Group Bullard, Honeywell International Inc., MSA JSP Poison 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 ,3M Company, Dragerwerk AG & Co. KGaA ,Pyramex Safety Products, LLC.|
|Key Drivers||• The steadily expanding examples of head wounds at work.|
|RESTRAINTS||• Not enough awareness regarding employee safety in many regions.|
Frequently Asked Questions (FAQ) :
Ans: - The Safety Helmet Market Size was valued at USD 1.90 Bn in 2021.
Ans: - The rising interest for safety helmets in areas, such for example, mining, development, and other assembling activities.
Ans: - Delta Plus Group Bullard, Honeywell International Inc., MSA JSP Poison 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,3M Company, Dragerwerk AG & Co. KGaA, Pyramex Safety Products, LLC.
Ans: - The APAC locale are supposed to enlist the most noteworthy pace of income development throughout the following 10 years.
Ans: - The study includes a comprehensive analysis of Safety Helmet Market trends, as well as present and future market forecasts. DROC analysis, as well as impact analysis for the projected period. Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape etc.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Safety Helmet Segmentation, by Product
8.1 Hard Hats
8.2 Bump Caps
8.3 Hard Bump Caps
8.4 Soft Bump Caps
9. Safety Helmet Segmentation, by material
9.2 Acrylamide Butane Polystyrene
10. Safety Helmet Segmentation, by End-User
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Honeywell International
12.3 Products/ Services Offered
12.4 SWOT Analysis
12.5 The SNS view
12.2 3M Company
12.3 Dragerwerk AG & Co. KGaA
12.4 Delta Plus Group
12.5 Uvex Group,
12.6 Centurion Safety Products Ltd.,
12.7 Schuberth GmbH,
12.8 OccuNomix International LLC,
12.9 Concord Helmet & Safety Products Pvt. Ltd.
12.10 Pyramex Safety Products, LLC.
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share analysis
13.3 Recent Developments
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.
Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence center, our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real-time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but is not limited to getting rid of the many typos, duplication of numbers, or missing any important information. The people involved in this process include technical content writers, research heads, and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.