Saudi Arabia Safety Helmets Market Size & Outlook
Saudi Arabia safety helmets market, 2018-2030 (US$M)
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Saudi Arabia safety helmets market highlights
- The Saudi Arabia safety helmets market generated a revenue of USD 126.6 million in 2022 and is expected to reach USD 201.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 6% from 2023 to 2030.
- In terms of segment, polyethylene was the largest revenue generating material in 2022.
- Polyethylene 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 126.6 million |
| Market revenue in 2030 | USD 201.9 million |
| Growth rate | 6% (CAGR from 2022 to 2030) |
| Largest segment | Polyethylene |
| Fastest growing segment | Polyethylene |
| 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, Saudi Arabia accounted for 3.0% 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 Middle East & Africa, Saudi Arabia safety helmets market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 133.2 million by 2030.
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Safety Helmets Market Scope
Safety Helmets Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 72.75% in 2022. Horizon Databook has segmented the Saudi Arabia 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, Saudi Arabia's GDP declined by 4.1% in 2020. The government's strict early containment and health mitigation efforts reduced the COVID-19 infections and fatalities to a minimum.
The government has been focusing on increasing worker safety by implementing a resolution in November 2018, which presented a framework for employers to manage health and safety issues in the workplace.
It also issued a new resolution in February 2020, which enforces minimum requirements for companies to appoint dedicated Saudi Health and Safety (HSE) Officers in the workplace and facilitate their work.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia safety helmets market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia safety helmets market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia safety helmets market size, by material, 2018-2030 (US$M)
Saudi Arabia Safety Helmets Market Outlook Share, 2022 & 2030 (US$M)
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