Middle East & Africa Safety Helmets Market Size & Outlook
Middle East & Africa safety helmets market, 2018-2030 (US$M)
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MEA safety helmets market highlights
- The MEA safety helmets market generated a revenue of USD 528.9 million in 2022.
- The market is expected to grow at a CAGR of 5.9% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 528.9 million |
| Market revenue in 2030 | USD 835.3 million |
| Growth rate | 5.9% (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, MEA region accounted for 12.6% 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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Middle East & Africa 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 72.89% in 2022. Horizon Databook has segmented the Middle East & Africa safety helmets market based on polyethylene, acrylonitrile butadiene styrene, polycarbonate covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IMF, the GDP of the Middle East is projected to witness growth at a rate of 4% in 2021. Factors such as the vaccine rollout, improvement in oil pricing, and government policy initiatives with respect to economic stimulus are responsible for boosting the GDP growth rate.
The COVID-19 economic stimulus policies are anticipated to have a major role in attracting FDIs in the construction sector and regional cooperation. The African Development Bank Group forecasted 3.4% growth in the African economy in 2021. Infrastructure, mining, and oil & gas are some of the key sectors promoting the growth of the African region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa safety helmets market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa safety helmets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA safety helmets market size, by country, 2018-2030 (US$M)
Middle East & Africa Safety Helmets Market Outlook Share, 2022 & 2030 (US$M)
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