U.S. Safety Helmet Market Size, Share & Trends Analysis Report By Material (ABS, PE, PC), By End-use (Construction, Manufacturing, Mining), By Product (Hard Hats, Bump Caps), And Segment Forecasts, 2022 - 2030

Report Overview

The U.S. safety helmet market size was estimated at USD 894.9 million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 8.1% from 2022 to 2030. The increased product demand, mainly in the construction, industrial, and mining sectors, along with an increase in cases of occupational head injuries, is likely to drive the industry's expansion over the forecast period. The industry is heavily reliant on the construction sector as the majority of the product is utilized in the building & construction segment. As the population is getting vaccinated worldwide, the global economy is steadily normalizing and the construction industry is expected to return to normalcy on the back of infrastructure push from governments, which will also support the market growth.

Significant cases of head injuries during different industrial, mining and construction operations will, in turn, boost the demand for safety helmets in the region over the forecast period. The raw materials required for product manufacturing are sourced from petrochemicals. The oil & gas industry is currently going through a transformation. Price volatility and the overall downturn in demand for petroleum globally may severely affect the value chain. Raw material sourcing could lead to higher costs as oil prices become steady. PPE manufacturers, along with safety helmet companies, are focusing on transforming their distribution channels.

The online sales channel is set to become a key sales channel in this industry. Many companies have started their online stores or have partnered with established online retailers, such as Grainger Industrial Supply, Amazon, and Home Depot. The rapid industrialization in numerous emerging economies is expected to boost product demand in the years to come. In addition, the rising significance of personnel safety to minimize head injuries during work hours is expected to further boost the industry’s growth over the forecast years.

Material Insights

The Polyethylene (PE) material segment dominated the industry in 2021 and accounted for the largest share of more than 59.55% of the overall revenue. The high share can be attributed to the low cost of PE as PE helmets are competitively priced as compared to helmets made of other materials. This is expected to result in the continued dominance of the segment over the forecast period. Polycarbonate (PC) and Acrylonitrile Butadiene Styrene (ABS) are used in the production of safety helmets. Rising worker safety concerns, coupled with manufacturers’ attempts to produce safety helmets employing the aforementioned materials that provide better head protection are expected to boost the segment growth.

The ABS material segment is also estimated to witness a significant CAGR over the forecast period owing to the high thermal stability and durability of ABS that result in low product replacement costs. In addition, the growing usage of ABS helmets in industries including manufacturing, oil & gas, and power generation is anticipated to drive the segment growth over the forecast period. The Polycarbonate (PC) segment is expected to register the second-fastest CAGR during the forecast period owing to product attributes, such as superior protection from extreme temperature conditions, harmful UV rays, and various chemicals. In addition, helmets made from PC exhibit dielectric properties and dimensional stability.

Product Insights

The hard hats product segment dominated the industry in 2021 and accounted for the maximum share of more than 82.60% of the global revenue share. This growth can be attributed to the increased demand for hard hats in mining, manufacturing, and construction industries coupled with the ability of these hats to protect against electrical shock. Another primary reason driving the segment expansion is the availability of the product in a variety of styles and specifications. Furthermore, the high functionality of industrial safety helmets across a diverse range of end-use sectors is expected to drive the overall industry growth expansion in the coming years.

Bump caps are viewed as an alternative to traditional safety helmets. The rising use of bump caps can be linked to their features, such as mobility and reduced stress on the wearer’s neck. The product, however, is not suited for industrial applications that require exposure to serious potential dangers. The bump caps product segment is expected to augment at the second-fastest CAGR over the forecast period owing to wide product usage in conditions that pose a lower risk of accidents to the workers. The product type is generally used to guard against unexpected head bumps from objects positioned overhead in the workplace or on the shop floor.

End-use Insights

The construction end-use segment dominated the industry in 2021 and accounted for the maximum share of more than 44.00% share of the overall revenue owing to the increasing demand for better public infrastructure, such as harbors, roadways, rail transport systems, and airports, thereby stimulating the demand for safety helmets over the coming years. The industrial safety helmet market is majorly categorized into construction, mining, and manufacturing. The demand for the product is projected to witness growth in the above-mentioned end-use industries on account of advantages, such as shock absorption and protection from the vertical & lateral impact that is likely to cause severe head injury to the workers.

The product is also used in various other end-use industries including oil & gas, power generation, and chemicals. Growth in the power generation industry owing to increased consumer demands is expected to augment the demand for a wide array of industrial head protection products over the forecast period. The mining industry is projected to witness the second-fastest CAGR over the forecast period owing to the rising demand for natural resources from various end-use industries. This, in turn, is expected to drive the product demand for the safety of the mineworkers that are exposed to several potential accidents.

Key Companies & Market Share Insights

The industry is highly competitive due to the presence of several multinationals. The market is distinguished by the existence of a sizable customer base across the globe, with enterprises conducting business through specialized distribution networks. Pricing pressure is anticipated to provide difficulties for producers. However, strategic product differentiation by the local and global players is anticipated to aid in achieving market dominance. Manufacturers are engaged in focusing on the modification of the existing products and developing additional accessories to enhance the usability of safety helmets for diversified environmental conditions. In addition, the availability of a wide range of safety helmets with various designs and specifications is projected to bolster industry growth. Some of the prominent players in the U.S. safety helmet market include:

• 3M

• Delta Plus Group

• Bullard

• Honeywell International Inc.

• MSA

• JSP Limited

• Drägerwerk AG & Co. KGaA

• Schuberth GmbH

• OccuNomix International LLC

• Pyramex

U.S. Safety Helmet Market Report Scope

U.S. Safety Helmet Market Segmentation

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For the purpose of this study, Grand View Research has segmented the U.S. safety helmet market report on the basis of material, product, and end-use:

• Material Outlook (Revenue, USD Billion, 2017 - 2030)

  • Polyethylene

  • Acrylonitrile Butadiene Styrene

  • Polycarbonate

  • Others

• Product Outlook (Revenue, USD Billion, 2017 - 2030)

  • Hard Hats

  • Bump Caps

• End-use Outlook (Revenue, USD Billion, 2017 - 2030)

  • Construction

  • Manufacturing

  • Mining

  • Others