Pune,13, May 2024: Steller Market Research, a Consumer Goods & Services business research firm has published a report on the “Survival Tools Market”. The total market opportunity for Survival Tools Market was USD 1.24 Bn in 2023 and is expected to grow at 7.9 % CAGR through the forecast period by reaching nearly USD 2.11 Bn.
Survival Tools Market Report Scope and Research Methodology
Market Size in 2023 USD 1.24 Bn.
Market Size in 2030 USD 2.11 Bn.
CAGR 7.9 % (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 278
No. of Tables 119
No. of Charts and Figures 115
Segment Covered Product, Material, Application, Sales Channel
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, Stellar Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.
The Survival Tools Market report offers a comprehensive examination of leading players’ strategies within the industry, together with an in-depth analysis of market segments and regional dynamics. It delves into market dynamics, including drivers, trends, restraints, opportunities, challenges, both regionally and by segment. The report provides essential figures on import/export consumption, supply and demand, pricing, costs, revenue, and gross margins, serving as a valuable resource for investors.
Data collection employed a blend of primary and secondary research methods, including surveys, interviews, and expert consultations, ensuring the report’s authenticity. Utilizing a bottom-up approach, the report estimates global and regional market sizes for Survival Tools. Strengths and weaknesses of key players are outlined through SWOT analysis, enhancing insights into the industry landscape, and informing strategic decision-making processes
Get a free sample copy to fully comprehend the format of the report, which includes the table of contents and summary:https://www.stellarmr.com/report/req_sample/Survival-Tools-Market/1843
Survival Tools Market Overview
The Survival Tools Market is witnessing significant growth, driven by an increasing occurrence of natural disasters globally and a rising interest in outdoor recreational activities, particularly in millennials and Generation Z. The market is considered by a growing demand for efficient and multifunctional survival tool kits, including utilities, food, water, portable charging systems. Stringent safety regulations at tourist destinations and the uptick in outdoor leisure pursuits like hiking are further boosting sales of emergency survival kits. The market is benefitting from heightened awareness programs by authorities regarding the importance of survival equipment and its safe utilization, alongside its utilization in defense for various military missions, contributing to market revenue.
Survival Tools Market Dynamics:
The Survival Tools Market is driven by the increasing prevalence of natural disasters globally, such as earthquakes, floods, and cyclones, necessitating the need for effective survival tool kits. These disasters have a profound impact on economies with partial disposable income, where inadequate infrastructure contributes to noteworthy fatalities. Consequently, governments globally are investing in making survival kits and tools more accessible in disaster-prone areas, driving market growth. Moreover, the market is experiencing a surge in demand due to heightened interest in outdoor recreational activities post-pandemic, prompting individuals to seek versatile survival tool kits for enhanced safety during adventures.
Survival Tools Market Regional Insights:
The global Survival Tools market exhibits regional variations in dominance and growth prospects. North America Survival Tools Market is witnessing robust growth globally, fueled by increasing sales of survival equipment across different continents. The rising investments by governments to enhance disaster preparedness and infrastructure, coupled with a growing population engaging in risky outdoor activities, are driving market growth. market is benefiting from the implementation of stringent safety regulations at tourist destinations and an increase in outdoor recreational pursuits like trekking and deep-sea diving. Furthermore, educational programs by authorities emphasizing the significance of survival equipment usage and its application in defense further contribute to market growth.
Instant access is available by downloading your exclusive sample copy of the report right now!
Survival Tools Market Segmentation
By Product
Based on Product, First Aid Kits segment held largest Survival Tools market share and is expected to grow at high CAGR during the forecast period. First Aid Kits dominate the market due to their essential role in addressing medical emergencies during outdoor activities.
By Material
Based on Material, the Stainless Steel segment held the largest Survival Tools market share and is expected to grow at a high rate during the forecast period. Stainless Steel dominates due to its durability, resistance to corrosion, versatility in various climate, making it suitable for tools like knives, multi-tools & cookware.
By Application
Based on the Application, the camping activities segment is expected to hold the largest share of the global market in the future, camping activities dominate as the most prominent application due to the widespread acceptance of camping among outdoor enthusiasts. Survival tools personalized for camping, such as multi-tools, portable stoves, and lightweight shelters, are in more demand.
By Sales Channel
Based on the Sales Channel, the Online segment has dominated the market during the forecast year, driven by the convenience & accessibility of e-commerce platforms. The online segment allows consumers to browse a wide variety of survival tools from the comfort of their homes, allowing easy comparison of product and price.
Survival Tools Key Competitors include:
Key questions answered in the Survival Tools Market report are:
Key Offerings:
Steller Market Research a leading Consumer Goods & Services research firm, has also published the following reports:
Power Tool Battery Market – The market size is expected to reach USD 26.07 billion by 2030 at a CAGR of 8.20 % during the forecast period. Power tool sales are boosted by increased demand from the construction industry as a result of enhanced infrastructure initiatives, especially in developing countries. In the construction sector, power tools are widely used, as they provide better efficiency and accuracy, along with increased worker safety.
Montenegro Aluminum Market– The market size is expected to reach USD 6.47 billion by 2030 at a CAGR of 4.5 % during the forecast period. The demand for aluminum has increased in the electrical sector to replace the existing copper cabling for power distribution. A surge in demand for environmentally friendly packaging and an increase in the popularity of canned drinks across Montenegro will drive the growth of the market.
About Steller Market Research:
Steller Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Media ContactCompany Name: STELLAR MARKET RESEARCHContact Person: L GodageEmail: Send EmailPhone: +91 9607365656 Address: S.no.8, h.no. 4-8 Pl.7/4, Kothrud Pinnac Memories Fl. No. 3, Kothrud, Pune, Pune, Maharashtra, 411029City: PuneState: MaharashtraCountry: IndiaWebsite: https://www.stellarmr.com/report/Survival-Tools-Market/1843