Latin America Safety Helmets Market Size & Outlook
Latin America safety helmets market, 2018-2030 (US$M)
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Latin America safety helmets market highlights
- The Latin America safety helmets market generated a revenue of USD 335.0 million in 2022.
- The 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 335.0 million |
| Market revenue in 2030 | USD 628.4 million |
| Growth rate | 8.2% (CAGR from 2022 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Acrylonitrile Butadiene Styrene |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 8.0% of the global safety helmets market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,717.2 million by 2030.
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Safety Helmets Market Scope
Safety Helmets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 76.27% in 2022. Horizon Databook has segmented the Latin America safety helmets market based on polyethylene, acrylonitrile butadiene styrene, polycarbonate covering the revenue growth of each sub-segment from 2018 to 2030.
Central & South American countries such as Brazil, Peru, and Argentina have started economic revival as manufacturing net exports have returned to the pre-pandemic levels, while consumption and investments are lagging.
Factors such as the influx of remittances, increasing food costs, and effective governmental assistance in terms of economic aid have helped the economies to improve their GDP growth. However, natural catastrophes pose an additional threat to regional development such as the destruction caused by hurricanes Eta and Iota in November 2020.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America safety helmets market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America safety helmets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America safety helmets market size, by country, 2018-2030 (US$M)
Latin America Safety Helmets Market Outlook Share, 2022 & 2030 (US$M)
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