Malaysia: Safety Headgear Market 2025

Safety Headgear Market Size in Malaysia

The Malaysian safety headgear market rose sharply to $X in 2021, increasing by 7.4% against the previous year. Overall, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +77.9% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in years to come.

Safety Headgear Production in Malaysia

In value terms, safety headgear production contracted modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +89.5% against 2016 indices. The growth pace was the most rapid in 2017 when the production volume increased by 79% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then reduced in the following year.

Safety Headgear Exports

Exports from Malaysia

In 2021, shipments abroad of safety headgear decreased by -25.9% to X units, falling for the third consecutive year after seven years of growth. Overall, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -30.3% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 33% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, safety headgear exports reduced to $X in 2021. Over the period under review, exports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 51% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units), Sweden (X units) and the United States (X units) were the main destinations of safety headgear exports from Malaysia, together accounting for 46% of total exports. These countries were followed by Canada, Germany, the UK, New Zealand, the Netherlands, Taiwan (Chinese), France, Indonesia, Spain and Singapore, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +36.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Sweden ($X) and Australia ($X) were the largest markets for safety headgear exported from Malaysia worldwide, with a combined 41% share of total exports. These countries were followed by Indonesia, Taiwan (Chinese), Germany, Canada, France, Singapore, New Zealand, the UK, the Netherlands and Spain, which together accounted for a further 48%.

Among the main countries of destination, Canada, with a CAGR of +51.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average safety headgear export price stood at $X per unit in 2021, with an increase of 22% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.0% 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 export price increased by +54.5% against 2016 indices. The growth pace was the most rapid in 2017 when the average export price increased by 24%. The export price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Indonesia ($X per unit), while the average price for exports to the Netherlands ($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 Singapore (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Headgear Imports

Imports into Malaysia

In 2021, overseas purchases of safety headgear increased by 42% to X units, rising for the third consecutive year after two years of decline. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 605%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, safety headgear imports soared to $X in 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 436%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of safety headgear to Malaysia, with a 79% share of total imports. Moreover, safety headgear imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), more than tenfold. Hong Kong SAR (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+115.4% per year) and Hong Kong SAR (+33.6% per year).

In value terms, the largest safety headgear suppliers to Malaysia were China ($X), Indonesia ($X) and Japan ($X), with a combined 74% share of total imports.

Indonesia, with a CAGR of +130.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average safety headgear import price amounted to $X per unit, declining by -10.2% against the previous year. Overall, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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