Global Kayak Helmets Market Expected to Reach USD 132.7 Million by 2030

According to a recent market study published by Growth Market Reports, titled, “Global Kayak Helmets Market by Type, Application, and Regions: Size, Volume, Share, Trends and Opportunity Analysis, 2015-2030”, the market was valued at USD 169.3 Million in 2021 and is expected to grow at a growth rate of 3.7% by the year 2030. Increasing watersport activities in developed nations are expected to fuel the market during the forecast period.

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As per Growth Market Reports industry analyst Akash Vedpathak, “the Global Kayak Helmets Market” is anticipated to witness significant growth during the forecast period 2023-2030. Key factors that are anticipated to fuel the demand for the global kayak helmets market during the forecast period are Increasing watersport activities in developed nations, and high safety regulations/standards in watersport activities. Conversely, declining demand for plastic kayak helmets hampers the growth of the Kayak Helmets market. Increasing research on raw material are expected to create opportunities in the market.

Kayak helmets are specially designed helmets used in watersports activities such as kayaking for skull protection. Kayaking is one of the most dangerous watersports and leads to a high probability of getting injuries. Hence, all kayakers are required to wear helmets and other protective equipment while kayaking. Kayak helmets are made from a variety of materials such as plastic, Kevlar, carbon fiber, and others. The helmets made from carbon fiber and Kevlar are more effective in protecting the skull than the helmets made from plastic, as plastic helmets are prone to shattering upon severe impact.

Modern helmets feature plastic shells; however, Kevlar and carbon fiber shells are lighter in weight and absorb more shocks upon impact than plastic. Full-cut and half-cut helmets are two types of kayak helmets. Full-cut kayak helmets extend low and cover the ears, while half-cut helmets do not extend low over the ears and instead end above the ears. The choice between the two is largely a matter of preference. Full-cut helmets protect the skull; however, half-cut helmets are comfortable and have a loose fitting.

Supply chain management is a pivotal part of any business. A supply chain contains a series of steps to get products from their original state to the customers. These steps include transforming components/raw materials into final products, transporting those products, and distributing them to the end users. Entities in the supply chain include raw material suppliers, manufacturers, distributors, and the final end use-industry. Application of Kayak Helmets includes Sports Race, and Entertainment.

The primary, as well as secondary research methodology, is used for keen observation and study of the Kayak Helmets market. The primary research methodology involves commercial agreements made with the primary respondents as well as consulting partners to extract critical information pertaining to the syndicated as well as consulting projects. Primary interviews were conducted with the stakeholders across industry verticals at regular intervals in line with the ongoing studies and to keep ourselves abreast with the latest market trends & developments.

Validation of the estimated market size, and current and future trends done by the key opinion leaders (KOLs). These KOLs are the CXO level people from leading companies in the industry and possess experience of around 10-20 years in the industry. On the other hand, the secondary research methodology involves exhaustive desk research undertaken to understand the prevailing market trends & dynamics, market competition, customer insights, and other KPIs.

Company websites, their SEC filings, annual reports, broker & financial reports, and investor presentations are scanned for understanding the competitive scenario, details and developments, and the overall competitive landscape. Regional government and statistical databases were analyzed for macro & microanalysis. Research publications and paid data are referred to obtain and validate the market estimations, budget, expenditure, and other statistical insights.

In 2020, the COVID-19 pandemic had a negative impact on the global kayak helmet market, with most brands reporting lower sales. The primary causes of spillovers are logistics, production, finance, and human resources. The raw material did not arrive at its destination, the production lines were idle while waiting for raw material, the labor force was not present to process the material into finished products, and restricted financial transactions did not allow for a smooth cash flow, resulting in an irreversible halt. As a result, the situation has devolved into a curved condition, causing a decline in sustainability and profitability.

Key Takeaways from the Study

• In terms of type, the Kayak Helmets market is segmented into Kayak Helmets with Ear Protection and Kayak Helmets Without Ear Protection. The kayak helmets with ear protection segment is expected to hold a significant market share in 2021. The growth of the segment is attributed to the increasing preference for ear-protected kayak helmets among sports players.
• Based on application, the global kayak helmets market is divided into sports race, and entertainment. The sports race segment is expected to hold a substantial market share in 2022.

Scope of Kayak Helmets Market Report

Target Audience

Kayak Helmets Manufacturers, Kayak Sports and other sports clubs, Consulting Firms.