China Safety Helmets Market Size & Outlook, 2022-2030
China safety helmets market, 2018-2030 (US$M)
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China safety helmets market highlights
- The China safety helmets market generated a revenue of USD 270.6 million in 2022 and is expected to reach USD 506.7 million by 2030.
- The China market is expected to grow at a CAGR of 8.2% 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 270.6 million |
| Market revenue in 2030 | USD 506.7 million |
| Growth rate | 8.2% (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, China accounted for 6.5% 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 Asia Pacific, China safety helmets market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 108.0 million by 2030.
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Safety Helmets Market Scope
Safety Helmets Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 76.13% in 2022. Horizon Databook has segmented the China safety helmets market based on polyethylene, acrylonitrile butadiene styrene, polycarbonate covering the revenue growth of each sub-segment from 2018 to 2030.
According to ADB, China's growth is estimated to be around 8.1% in 2021 and 5.5% in 2022. According to the National Bureau of Statistics of China, the country's industrial production output was 14.1% higher in March 2021 than in March 2020.
The ongoing resilience is expected to result in increasing investments, a robust economic recovery, growing disposable incomes, and strict health and safety requirements, in turn, boosting the safety helmet market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the China safety helmets market , including forecasts for subscribers. This country databook contains high-level insights into China safety helmets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China safety helmets market size, by material, 2018-2030 (US$M)
China Safety Helmets Market Outlook Share, 2022 & 2030 (US$M)
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