According to the latest market research study by Technavio, the global first aid kit market is expected to grow at a CAGR of close to 3% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global first aid kit market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user
Source: Technavio
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Global first aid kit market for commercial end-users: The first aid kit market for commercial end-user is expected to be the fastest growing segment due to the growing infrastructure of commercial buildings in APAC and African countries. Such upsurge in construction will have an optimistic influence on the first aid kit market.
“Development of educational institutions in APAC will have a positive impact on the first aid kit market. Besides this, growing population in this region is another factor contributing to the growth of the market. People are becoming increasingly aware of the easy to use treatment ways, thereby triggering the demand for first aid kits in the region,” says Abhay Sinha, a lead analyst at Technavio.
Global first aid market for industrial end-users: Industrial end-users include defense, heavy industries, military, mining, construction, and law enforcement department. First aid kits are applied in these industries as it involves occupational hazards such as abrasions, flying objects, falling objects, sprains, cuts, and other injuries.
Global first aid kit market for individual end-users: Individual end-users comprise of residential users and recreational users. The market for first aid kits for individual end-users is likely to grow at a slow rate owing to the limited use, and individual consumers mostly resort to do-it-yourself (DIY) first aid kits. These DIY first aid kits have a negative influence on the market as vendors have low penetration in this segment.
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The top vendors operating in the global first aid kit market are:
- 3M
- Honeywell
- Fieldtex Products
- Johnson & Johnson
The other prominent vendors in the market include Acme United Corporation, AdvaCare, Canadian Safety Supplies, Cintas, Certified Safety Manufacturing, Cramer products, DC Safety, Dynamic Safety USA, FIRETEX PROTECTIVE TECHNOLOGIES, Green Guard, HARTMANN, Lifeline, Levitt-Safety, MedTree, Medline Industries, Northern Safety, Protective Industrial Products, Ready America, Sterimed, Steroplast Healthcare, and Tender Corporation.
A more detailed analysis is available in the Technavio report titled, ‘Global First Aid Kit Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Over-the-counter Drug Market 2016-2020
- Global Consumer Healthcare Market 2016-2020
- Global Sanitizer Market 2017-2021
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