Brazil Safety Helmets Market Size & Outlook, 2022-2030
Brazil safety helmets market, 2018-2030 (US$M)
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Brazil safety helmets market highlights
- The Brazil safety helmets market generated a revenue of USD 105.0 million in 2022 and is expected to reach USD 207.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
- In terms of segment, polyethylene was the largest revenue generating material in 2022.
- Acrylonitrile Butadiene Styrene is the most lucrative material segment registering the fastest growth during the forecast period.
Safety helmets market data book summary
| Market revenue in 2022 | USD 105.0 million |
| Market revenue in 2030 | USD 207.4 million |
| Growth rate | 8.9% (CAGR from 2022 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Acrylonitrile Butadiene Styrene |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polyethylene, Acrylonitrile Butadiene Styrene, Polycarbonate |
| Key market players worldwide | Honeywell International Inc, 3M Co, MSA Safety Inc, JSP Corp, Delta Plus Group S.A., Bullard, Draegerwerk AG & Co KGaA, uvex group |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.5% of the global safety helmets market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil safety helmets market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 207.4 million by 2030.
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Safety Helmets Market Scope
Safety Helmets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil safety helmets market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to safety helmets market will help companies and investors design strategic landscapes.
Polyethylene was the largest segment with a revenue share of 76.29% in 2022. Horizon Databook has segmented the Brazil safety helmets market based on polyethylene, acrylonitrile butadiene styrene, polycarbonate covering the revenue growth of each sub-segment from 2018 to 2030.
Rising number of COVID-19 cases and the government's unwillingness to impose lockdown are becoming major hindrances to the economic revival of Brazil. To stimulate growth, the government provided a stimulus of USD 156.8 billion for social assistance.
Brazil, alongside Venezuela, is among the largest producers of crude oil in the region. Since 2016, when the economic crisis was initiated in Venezuela, Brazil had overtaken Venezuela as the largest crude oil producer in the region.
Increasing crude oil production denotes rising upstream and midstream oil & gas activity, which is expected to create significant demand for protective equipment including safety helmets in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil safety helmets market , including forecasts for subscribers. This country databook contains high-level insights into Brazil safety helmets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil safety helmets market size, by material, 2018-2030 (US$M)
Brazil Safety Helmets Market Outlook Share, 2022 & 2030 (US$M)
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