India Two-Wheeler Helmet Market Forecast and Opportunities, 2022- brochure

Indi a Two -W he e le r H e lme t Ma rke t By P roduct Ty pe , By Di st ri but i on Cha nne l, By

Re gi on, Compe t i t i on Fore ca st & O pport uni t i e s , 2012 -2 0 2 2

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S. No. Contents

1. Product Overview

2. Research Methodology

3. Analyst View

4. Voice of Customer

5. Organized Vs Unorganized Market Scenario

6. India Two-Wheeler Helmet Market Outlook

6.1. Production

6.2. Market Size & Forecast

6.2.1. By Value & Volume

6.3. Market Share & Forecast

6.3.1. By Product Type (Full face, Modular, Motocross, Open face and Half face)

6.3.2.By Distribution Channel (Showrooms/Specialty Stores, Supermarket/ Hypermarket,

Multi-brand Stores, Online & Others)

6.3.3. By Region

6.3.4. By Company

6.4. Market Attractiveness Index

6.4.1. By Product Type

6.4.2. By Distribution Channel

6.4.3. By Region

7. India Full Face Helmet Market Outlook





Multi-Brand Stores, Online & Others)

T a b l e o f C o n t e n t s

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S. No. Contents

8. India Half Face Helmet Market Outlook






9. India Open Face Helmet Market Outlook






10. India Modular Helmet Market Outlook






11. India Motocross Helmet Market Outlook






12. Pricing Analysis

13. Market Dynamics


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S. No. Contents

13.1. Drivers

13.2. Challenges

14. Market Trends & Developments

14.1. Rising Organized Sector

14.2. Expanding Two-wheeler Fleet Size

14.3. Increasing Chinese Helmet Penetration

14.4. Growing Domestic Two-wheeler Helmet Manufacturing

14.5. Maharashtra Dominating Two- wheeler Helmet Market

15. Policy & Regulatory Landscape

16. SWOT Analysis

17. India Economic Profile

18. Competitive Landscape

18.1. Steelbird Hi-Tech India Ltd.

18.2. Studds Accessories Ltd.

18.3. Aerostar Helmets Pvt. Ltd.

18.4. Vega Auto Accessories Pvt. Ltd.

18.5. Wrangler Helmets

18.6. Armex Auto Industries

18.7. Nikpol India

18.8. Paras Industries India


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18.9. HJC Helmets

18.10. LS2 Helmets

19. Strategic Recommendations

20. About Us & Disclaimer


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P r o d u c t O v e r v i e w

Product Definition

Classification According to Product Type

Product Type Description

Full Face HelmetA full face helmet covers the entire head, with a rear that covers the base of the

skull, and a protective section over the front of the chin.

Modular Helmet

Modular helmets are designed to be worn only in the closed position for riding, as

the movable chin bar is designed as a convenience feature, useful while not

actively riding.

Motocross HelmetThe motocross helmet has clearly elongated chin and visor portions, a chin bar,

and partially open face to give the rider extra protection while wearing goggles.

Open Face HelmetThe open face, or "three-quarters", helmet covers the ears, cheeks, and back of

the head, but lacks the lower chin bar of the full face helmet.

Half Face HelmetIt has essentially the same front design as an open face helmet but without a

lowered rear in the shape of a bowl.

Two-wheeler helmets are used by motorcycle and scooters riders. The primary goal of two-wheeler helmet is to protect the rider's head during impact, thereby preventing or reducinghead injury and saving the rider's life.

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R e s e a r c h M e t h o d o l o g y

A

C

B

Primary Research

Company Analysis

Desk Research

Identifying Key Opinion

Leaders

Questionnaire Design

In-depth Interviews

Market Participants

Key Strengths

Recent

Developments

Market Changing

Aspects/Dynamics

Government

Policies

Final Conclusion

LinkedIn

TechSci Internal

database

Factiva

Hoovers

Paid Sources

C ompany Webs ite

C ompany A nnual

Reports

White P aper Study

Financ ial Reports

Inves tor

P resentations

Regulatory Body,

A ssociations, etc .

Secondary Research

Primary Research

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

•In-depth secondary research was conducted todetermine top players in India two-wheelerhelmet market, overall market size andsegmental market size.

Market Profiling

•In order to conduct industry experts interviews,TechSci formulated a detailed questionnaire.

Formulating Questionnaire

•List of industry players and industry specialistswas developed.

Developing list of respondents

•TechSci conducted interviews with industryexperts, industry players, for data collection andverification.

Data Collection

•Data obtained as a result of primary andsecondary research was validated throughrigorous triangulation.

Data Validation

•The data was scrutinized using MS-Excel andstatistical tools, such as Time Series Analysisetc., to obtain qualitative and quantitativeinsights about the India two-wheeler helmetmarket.

Data Analysis

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Baseline Methodology:

For the study, TechSci Research has gathered information through primary research surveys with leading helmet

companies operating in India. We also put through an exhaustive search of credible paid databases, such as

Business Week, Factiva, Hoovers, etc., including our internal database. Our team of analysts has then prudently

evaluated all the collected information and presented the same in chronological order to depict a meaningful and

clear picture of India two-wheeler helmet market. While compiling the data, we have also cross-checked all the

collected information from multiple sources and data warehouses, so as to present the most accurate and precise

information of the concerned industry. We have used innovative business model that focuses on improving

productivity, while ensuring creation of high-quality reports.

Regions Prominent States

North Haryana Punjab Delhi NCRHimachal

Pradesh

Jammu &

Kashmir- -

South KarnatakaAndhra

PradeshKerala Tamil Nadu - - -

East West Bengal Bihar Jharkhand Odisha - - -

West Gujarat Goa Maharashtra Rajasthan - - -

Regional Scoping

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Market Size Calculation Technique:

Primary Research

For the preparation of India two-wheeler helmet market report, bottom-up model has been used, which has been

later cross-validated by using top-down approach. TechSci interviewed senior managers and regional managers of

the prominent helmet companies using Delphi technique for calculating the market size of India two-wheeler helmet

market. Respondents were also asked about the current and future growth rates, market share by product type, etc.

All the information gathered was carefully analyzed. Data points which exhibited high deviations from the majority

estimates were eliminated as outliers and the remaining refined data points were put together to arrive at the

volume data.

Primary Research – Few of the Companies Interviewed

S. No. Company Names

1. Steelbird

2. Studds

3 Aerostar

4. Vega

Secondary Research:

We have also put through an exhaustive search of credible paid databases, such as Factiva, Hoovers, etc., in

addition to our internal database. Further analysis of credible publications, white papers, companies’ annual reports,

investor presentations, news articles, etc., was done to cross-validate the end findings derived from the primary

research.

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I n d u s t r y B r i e f

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25% Helmets in India Were Sold Based on Retailers Recommendations in 2016

According to TechSci Research report, “India Helmet Market By Product Type, By Distribution Channel,

Competition Forecast & Opportunities, 2012-2022”, India two-wheeler helmet market is projected to grow at a

CAGR of around 25% during 2017 - 2022. Expanding two-wheeler user base, rising awareness among consumers

about road safety, coupled with helmet use being made mandatory for two-wheeler riders in various cities across the

country are few of the major factors boosting helmet sales in India over the last few years. Moreover, with a variety of

helmet models to choose from, ranging from the most basic versions to the ones with advanced safety features, is

further boosting growth of two-wheeler helmet market in India.

“According to the survey conducted by TechSci Research 25% people reported that they purchased Helmets based in

retailer’s recommendation which shows how important channel partner loyalty is for the business. Due to which one of

major recommendations is to focus on implementing channel partner loyalty programs by the companies to ensure

competitiveness and lead the market rather then following the trends.” Said Mr. Karan Chechi, Research Director with

TechSci Research.

“Unorganized sector captures a large market share in India two-wheeler helmet market. However, due to inferior

product quality offered by the unorganized players and increasing consumer awareness about road safety, a growing

number of users are choosing organized players as their preferred choice. In addition to enhanced safety and better

product quality, various other benefits such as warranty, discounts, etc. are attracting consumer towards organized

players.” said Mr. Mahesh Bendre, Vice President with TechSci Research, a research based global management

consulting firm.

https://www.techsciresearch.com/report/india-two-wheeler-helmet-market/1596.html

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2% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2%

8% 8% 8% 8% 8% 8% 8% 8% 8% 8% 8%

12% 12% 12% 12% 12% 12% 12% 12% 12% 12% 12%

18% 18% 18% 18% 18% 18% 18% 18% 18% 18% 18%

Multi-Brand Stores Supermarket/ Hypermarket

Showrooms/Specialty Stores Online

50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50%

2012 2013 2014 2015 2016 2017E 2018F 2019F 2020F 2021F 2022F

Others

15 16 17 18 19 20 21 22 23 24 25

10 11 12 13 14 15 16 17 18 19 20

Value (USD Billion) Volume (Million Unit)

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S a m p l e D a t a - S n a p s h o t

Figure 12: India Two-Wheeler Helmet Market Size, By Value

(USD Billion), By Volume (Million Unit), 2012-2022F

CAGR 2012-2016

By Value: X%

By Volume: X%

CAGR 2017E-2022F

By Value: X%

By Volume: X%

11Source: XXXXXX

Note: These are dummy figures; please purchase our report for actual data

Figure 18: India Two-Wheeler Helmet Market Attractiveness

Index, By Distribution channel, By Volume, 2016-2022F

Low Medium High

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

0.00 1.00 2.00 3.00 4.00 5.00 6.00

CA

GR

(2

01

7E

-20

22F)

Showrooms/Specialty Stores

Supermarket/ Hypermarket

Multi-Brand Stores

Online

Others

Figure 23: India Half Face Helmet Market Share, By Distribution Channel, By Volume, 2012-2022F

Figure 26: India Modular Helmet Market Size, By Value (USD

Billion), By Volume (Million Unit), 2012-2022F

CAGR 2012-2016

By Value: X%

By Volume: X%

CAGR 2017E-

2022F

By Value: X%By Volume: X%

15 16 17 18 19 20 21 22 23 24 25

10 11 12 13 14 15 16 17 18 19 20

Value (USD Billion) Volume (Million Unit)

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R e p o r t O r d e r i n g

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License Type Price

Electronic Access - Single User License $2500

CD-ROM Mail Delivery $2700

Hard Copy Mail Delivery $3000

Electronic Access - Multi-User License $5000

Report Price

To View Sample OR Purchase Report

Report Name: India Two-Wheeler Helmet Market By Product Type, By Distribution

Channel, By Region, Competition Forecast & Opportunities, 2012-2022

https://www.techsciresearch.com/sample-report.aspx?cid=1596

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TechSci Research – North America

2950, Boundary Road, Burnaby,

British Columbia, Canada

Tel: +1- 646- 360-1656

Email: [email protected]

www.techsciresearch.com

About Us:

TechSci Research is a global market research and consulting company with offices in Canada, India and the UK. TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improved productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both

industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional

and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

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Disclaimer:The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made thatit is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sourcesincluding which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of anyinformation and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially states that ithas no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts, can changewithout notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal consumption. Usage ofthe same for purpose other than internal will require prior approval of TechSci Research.

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India Two-Wheeler Helmet Market Forecast and Opportunities, 2022- brochure

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