Safety Headgear Market Overview in Russia
In value terms, safety headgear production stood at $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. Over the period under review, production attained the maximum level at $ in 2012; however, from 2013 to 2019, production remained at a lower figure.
The size of the safety headgear market in Russia reached $ in 2019, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. Russia consumption peaked in 2019 and is likely to see steady growth in years to come.