Report Update Jan 1, 2025

Bangladesh - Safety Headgear - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Safety Headgear Market 2025

Safety Headgear Market Size in Bangladesh

In 2021, the Bangladeshi safety headgear market decreased by -4.1% to $X, falling for the third year in a row after three years of growth. Over the period under review, consumption, however, enjoyed a resilient increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Safety Headgear Exports

Exports from Bangladesh

For the tenth consecutive year, Bangladesh recorded growth in overseas shipments of safety headgear, which increased by 13% to X units in 2021. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of 107% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, safety headgear exports soared to $X in 2021. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 89%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Saudi Arabia (X units) was the main destination for safety headgear exports from Bangladesh, with a 77% share of total exports. Moreover, safety headgear exports to Saudi Arabia exceeded the volume sent to the second major destination, Poland (X units), tenfold. The United States (X units) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia stood at +349.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+65.0% per year) and the United States (+5.0% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for safety headgear exports from Bangladesh, comprising 62% of total exports. The second position in the ranking was held by Poland ($X), with a 7.9% share of total exports. It was followed by the United States, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia stood at +223.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+56.5% per year) and the United States (-5.8% per year).

Export Prices by Country

In 2021, the average safety headgear export price amounted to $X per unit, rising by 9.5% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The growth pace was the most rapid in 2016 an increase of 16%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-5.1%), while the prices for the other major destinations experienced a decline.

Safety Headgear Imports

Imports into Bangladesh

In 2021, supplies from abroad of safety headgear decreased by -9% to X units, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by 103%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, safety headgear imports expanded significantly to $X in 2021. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2013 with an increase of 50%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of safety headgear to Bangladesh, with a 69% share of total imports. Moreover, safety headgear imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +11.8%.

In value terms, China ($X) constituted the largest supplier of safety headgear to Bangladesh, comprising 56% of total imports. The second position in the ranking was held by India ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +15.7%.

Import Prices by Country

The average safety headgear import price stood at $X per unit in 2021, rising by 18% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, safety headgear import price increased by +65.6% against 2016 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 33% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was India ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety headgear in the world?

The country with the largest volume of safety headgear consumption was China, accounting for 22% of total volume. Moreover, safety headgear consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by Russia, with a 7.3% share.

What are the largest producers of safety headgear in the world?

China constituted the country with the largest volume of safety headgear production, comprising approx. 51% of total volume. Moreover, safety headgear production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Russia, with a 6.6% share.

What are the leading suppliers of safety headgear to Bangladesh?

In value terms, China constituted the largest supplier of safety headgear to Bangladesh, comprising 72% of total imports. The second position in the ranking was occupied by India, with a 22% share of total imports.

What are the leading importers of safety headgear from Bangladesh?

In value terms, the largest markets for safety headgear exported from Bangladesh were Saudi Arabia, Poland and the UK, together accounting for 91% of total exports.

What is the average export price for safety headgear in Bangladesh?

The average safety headgear export price stood at $4.9 per unit in 2020, remaining relatively unchanged against the previous year.

What is the average import price for safety headgear in Bangladesh?

The average safety headgear import price stood at $7.7 per unit in 2020, shrinking by -11.6% against the previous year.

This report provides an in-depth analysis of the safety headgear market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991150 - Safety headgear

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024