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Vietnam Helmet Market (2021-27)

Market Forecast By Product (Motorcycle Helmets, Bicycle Helmets, Other Helmets), By Applications (Transportation, Sport, Dangerous Work Activities), And Competitive Landscape

 

According to 6Wresearch, Vietnam Helmet Market size is projected to grow at CAGR of 4.5% during 2021-27. Vietnam Helmet Market is anticipated to witness considerable growth in the forecast period on account of the growing construction sector which includes the development of new hotels & shopping malls and other infrastructure projects combined with a rising inclination towards purchasing e- two-wheelers for transportation purposes across the country.

 

Vietnam helmet market would witness growth in the coming years owing to the growing inclination towards purchasing e-two wheelers due to budding awareness among people for reducing carbon footprint combined along with government steps and initiatives for shifting from internal combustion engine two-wheeler to EVs by the year 2030 which would lead to rise in number of electric two-wheeler across country.

 

For Latest Press Release : https://www.6wresearch.com/press-release/vietnam-helmet-market-size-is-projected-to-grow-at-cagr-of-65-during-2021-27

 

Market Analysis by Design Type

Based on design type, in 2020, open face helmets occupied the maximum share in market revenues in 2020 owing to high preference from the notable percentage of the population as they are highly price-sensitive consumers coupled with wider application areas i.e., they are being used in several domains such as construction, mining, quarrying, manufacturing, and other such segments. However, half-face helmets would witness considerable growth in the forthcoming years on account of the rising number of deaths in road accidents, and the latter design type of helmet provided better safety to riders riding such two-wheelers from fatal injuries to head and neck. Additionally, half-face helmets are less expensive than full-face helmets, perhaps, preferred by the working-class riders.

 

Key Highlights of the Report

  • Vietnam Helmet Market Overview
  • Vietnam Helmet Market Trends
  • Vietnam Helmet Market Outlook
  • Vietnam Helmet Market Forecast
  • Market Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Competitive Benchmarking
  • Market Opportunity Assessment
  • Vietnam Helmet Market Shares
  • Key Strategic Recommendations
  • Historical Data and Forecast of Vietnam Helmet Market Revenues & Volume By Design Types for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues By Application for the Period 2017-2027F

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Source: http://www.6wresearch.com/industry-report/vietnam-helmet-market-2021-27