DUBLIN–(BUSINESS WIRE)–The “The Indian 2-Wheeler Helmet Market, 2020” report has been added to ResearchAndMarkets.com’s offering.
India is the largest market for 2-wheelers (e.g., scooterettes, mopeds, and motorcycles), with more than 190 million in operation at the end of 2019. It also is home to one of the world’s largest and most competitive 2-wheeler helmet manufacturing industries, with a current capacity of 35 million helmets per year.
This report reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the methodology. The document presents competitive profiles on each of the companies based on their strengths, opportunities, and a small discussion on their positioning. The publisher analyzes hundreds of companies in the industry and benchmarks them across 10 criteria, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Helmet sales increased at a healthy compound annual growth rate (CAGR) of 10% from financial year (FY) 2012 to FY 2017. Market revenue for FY 2018 was estimated at $184 million, with 20.04 million helmets sold; only 0.3% were imported brands. India also is a prominent helmet exporter to countries in Africa and South Asia.
The helmet industry is by nature dependent on the performance of the 2-wheeler industry, which the report expects to increase at a CAGR of 7.40% from FY 2019 to FY 2024. Lockdowns put in place to battle the COVID-19 pandemic in 2020, however, have affected the automotive market as a whole: the report anticipates a drop in growth through FY 2021.
Full-face helmets are the top choice for commuters because they provide complete protection in various weather conditions. Open-face helmets follow; they are popular among female riders and are the go-to choice in states where pillion rider helmet use is mandatory. Helmet shell design, color, and graphic options are key considerations in a purchase decision today.
Key Topics Covered:
1. Strategic Imperative and Growth Environment
2. The Radar
3. Companies to Action
4. Strategic Insights
5. Next Steps: Leveraging the Radar to Empower Key Stakeholders
For more information about this report visit https://www.researchandmarkets.com/r/w3xmgb
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Inks three signings in Q1 2025 to add 600 units under the Oakwood brand, bringing…
In February 2025, Government disbursed US$20 million towards compensation of investors protected by Bilateral Investment…
HONG KONG SAR - Media OutReach Newswire – 10 April 2025 - CPA Australia's latest…
More than 30 employees from all DHL businesses in India attended the second training in…
Celebrating the Creative Vision of the New Generation and Supporting the Development of Macau’s Art…
World-class vocal ensembles gather to showcase the unifying power of music HONG KONG SAR -…
