Kayak Helmets Market Growth Opportunities & Forecast [2030]

Report Description

Kayak Helmets Market Outlook

The global kayak helmets market size was valued at USD 169.3 Mn in 2021 and is expected to reach USD 233.7 Mn in 2030, expanding at a CAGR of 3.7% during the forecast period.

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,s 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.

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Kayak Helmets Market Macroeconomic Factors

Government Regulations

Political factors influence regulations and manufacturing standards, which affects the market. Governments, along with many regulatory bodies, are concerned with safety factors and established stringent manufacturing standards and regulations regarding the manufacture and production of kayak helmets.

R&D Activities

Increasing government funding for R&D activities and the growing focus of key players on product advancements are expected to drive the demand for kayak helmets in watersport activities. Most helmets are made from plastic, which is likely to break after accidents. Manufacturers are constantly investing and focusing on research and development of helmets to increase safety.

Kayak Helmets Market Dynamics

Major Drivers

Increasing watersport activities in developed nations

Rising watersport activities in developed nations are driving the kayak helmet market. With the rising per capita income and changing lifestyle preferences in developed nations, people are likely to spend on watersport activities, including kayaking, wakeboarding, surfing, and paddleboarding. These activities are done by using safety equipment and helmets.

The rules and conditions of kayaking sport specify the use of helmets and safety equipment, which is creating significant demand for kayak helmets. Kayaking is majorly adopted in the US, Canada, Mexico, Croatia, France, and Italy. Government institutions and sports associations in these countries have developed various areas to promote watersports and to attract tourists. These factors are driving the demand for kayaking, which is expected to boost the sales of kayak helmets.

High safety regulations/standards in watersport activities

Watersport activities, including surfing, wakeboarding, paddleboarding, kayaking, and surfing, are adventurous and risky. All these watersport activities are performed in line with safety equipment, including helmets, life jackets, and others. Kayaking is one of the toughest watersports as compared to other watersport activities and involves a high death ratio. Thus, all watersport management authorities and associations emphasize the compulsion of wearing safety equipment while kayaking.

Most people prefer whitewater kayaking, as it is an adventurous and thrilling activity. In whitewater kayaking, the chances of hitting the kayak on rocks or turning over of kayak are high, which is expected to cause injuries to the kayaker. Governments and sports associations have imposed stringent rules and standards in watersport activities in terms of wearing proper safety equipment, such as helmets, life jackets, and others. Thus, the sales of kayak helmets are anticipated to grow during the forecast period.

Existing Restraint

Government regulations have a significant impact on the demand for Kayak Helmets, by providing incentives for companies to invest in new Typery, improving product quality and safety standards, and promoting overall industry growth. Several governments impose tariffs or other trade restrictions on imported goods to protect domestic industries.

Governments of various countries are imposing tariffs on imported kayak helmets and import duties to make domestically produced Types appealing to buyers, potentially increasing demand. For instance, in India, export duty for kayak helmets is levied by the government when the product is exported from India to other countries.

Emerging Opportunity

Kayak helmets are manufactured by using raw materials such as fiber, carbon fiber, and Kevlar. Manufacturers are continuously researching raw materials, including Kevlar and carbon fiber, to increase the quality and durability of kayak helmets. Lightweight kayaking helmets are highly preferred by kayakers, as it offers more comfort than other helmets.

Thus, manufacturers are engaged in the research and development of kayak helmets in terms of the raw material and design for making lightweight kayak helmets. Governments have imposed several manufacturing standards. Manufacturers are involved in continuous research on raw materials to meet these standards and introduce advanced products in the market, which is anticipated to create growth opportunities in the market during the forecast period.

Scope of Kayak Helmets Market Report

The report on the global Kayak Helmets market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Kayak Helmets Market Segment Insights

The global kayak helmets market is segmented on the basis of type, application, and regions.

Type Segment Analysis

Based on Type, the global kayak helmets market is bifurcated 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 as these helmets provide comfortable head fitting along with better safety to the head of the wearer.

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Application Segment Analysis

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 2021. Ongoing government initiatives and investment in the sports sector to encourage youngsters along with a large number of kayaking sports events organized by established kayaking associations across the region are expected to boost the market during the forecast period.

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Regional Analysis

Based on regions, the Kayak Helmets market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest market share in 2021. The growth of the market is attributed to the ease of availability of kayak accessories such as kayak helmets, paddles, and safety gear along with the rising e-commerce business in the region.

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Key Benefits for Industry Participants & Stakeholders

• In-depth Analysis of the global Kayak Helmets market
• Historical, Current and Projected Market Size in terms of Value and Volume
• Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
• Industry Drivers, Restraints and Opportunities Covered in the Study
• Recent Industry Trends and Developments
• Competitive Landscape & Strategies of Key Players
• Neutral Perspective on Global Kayak Helmets Market Performance