USD 86.39 million Growth in First Aid Kit Market Size with 65% Contribution from Asia - Technavio
3M Co., Acme United Corp., and Certified Safety Manufacturing Inc. as major participants
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- The latest market analysis report titled First Aid Kit Market by End-user and Geography - Forecast and Analysis 2021-2025 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 3%. Technavio categorizes the global first aid kit market as a part of the global healthcare equipment market. Our report provides extensive information on the value chain analysis for the first aid kit market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period. One of the key factors driving growth in the first aid kit market is the demand from the sports industry. In addition, the provision of specialty first aid kits is another factor supporting the first aid kit market share growth. However, the limitations of the size and weight of first aid kits will be a major challenge for the first aid kit market during the forecast period.
Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
Optimistic, probable, and pessimistic scenarios for all markets as the impact of the pandemic unfolds
Pre- as well as post-COVID-19 market estimates
Quarterly impact analysis and updates on market estimates
First Aid Kit Market Segmentation Insights
End User
Industrial: The first aid kit market share growth in the industrial segment will be significant during the forecast period. Safety regulations for industrial workers in many developed countries such as the US and the UK have contributed to the growth of first aid kits since these regulations ensure their presence and use during any emergency.
Commercial
Individual
Geography
Asia: 65% of the market's growth will originate from Asia during the forecast period. China and India are the key markets for first aid kits in Asia. Market growth in this region will be faster than the growth of the market in other regions. The increasing participation of athletes in international sports events and fitness awareness among the population will fuel the first aid kit market growth in Asia over the forecast period.
The first aid kit market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The first aid kit market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Top 5 First Aid Kit Market Players
3M Co.
The company operates in key business segments including Nexcare Office First Aid Kit and Nexcare Deluxe First Aid Kit. Nexcare Office First Aid Kit contains a variety of first aid solutions such as antiseptic towelettes, bandages, and first aid tapes. It also includes cold comfort instant cold pack, comfort strip bandages, and transparent dressings. Nexcare Deluxe First Aid Kit is a carry case type first aid kit, which is ideal for home and boat safety. It consists of cardiopulmonary resuscitation (CPR) breather, splinter forceps, a variety of bandages, a compress bandage, and cold/hot packs.
Acme United Corp.
The company offers first aid kits for industrial and safety supply distributors across the world. Some of its products include 10 Person First Aid Kits, 50 Person First Aid Kits, Pac-Kit Coaches First Aid Kits, Travel First Aid Kits, All-Terrain First Aid Kit, and Pac-Kit Outdoor Protection kits.
Certified Safety Manufacturing Inc.
The company offers a wide range of first aid kits including ANSI-Plus First Aid Kit, Elite First Aid Kits, Welder First Aid Kits, Vehicle First Aid Kits, and Construction First Aid Kits.
Cintas Corp.
First aid kits offered by the company include 20-Unit Standard Vehicle Kit, a Large Mobile First Aid Bag, 36-Unit Deluxe Vehicle Kit, and Small Mobile First Aid Bag, which contains all the essential first aid safety products.
Cramer Products Inc.
The company offers a wide range of first aid kits, especially for sportsmen such as Coach's First Aid Kit, Youth First Aid Kit, and Coach's Team First Aid Kit. These kits include all necessary components required for an athlete during any incidence of injury. Components include basic bandaging, elbow bandaging, butterfly wound closure, and an instant ice pack.
Want to know more about the key product offerings and strategic initiatives, Fetch PDF Sample Report Right here!
First Aid Kit Market FAQs
Which is the latest market trend taking the market by the storm?
What are some of the most influential market drivers, restraints, and opportunities (DROs)?
What are the historical and projected revenue values and CAGR percentage?
Which strategic initiatives will influence competitive scenarios and define the market growth potential?
Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
Who are the top market share contributors and their latest organizational restructuring plans?
Got more questions? Have all your queries answered in this PDF Sample
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
3M Co., Acme United Corp., Certified Safety Manufacturing Inc., Cintas Corp., Cramer Products Inc., DC Safety, Fieldtex Products Inc., Honeywell International Inc., Johnson & Johnson, and Paul Hartmann AG
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Content
1 Executive Summary
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Health care equipment market
3 Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
4.1 Five forces analysis
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
5.1 Market segments
Exhibit 15: End-user - Market share 2020-2025 (%)
5.2 Comparison by End-user
Exhibit 16: Comparison by End-user
5.3 Industrial - Market size and forecast 2020-2025
Exhibit 36: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
Exhibit 38: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
9.1 Overview
Exhibit 40: Vendor landscape
9.2 Landscape disruption
Exhibit 41: Landscape disruption
Exhibit 42: Industry risks
10 Vendor Analysis
10.1 Vendors covered
Exhibit 43: Vendors covered
10.2 Market positioning of vendors
Exhibit 44: Market positioning of vendors
Exhibit 45: 3M Co. - Overview
Exhibit 46: 3M Co. - Business segments
Exhibit 47: 3M Co.- Key news
Exhibit 48: 3M Co. - Key offerings
Exhibit 49: 3M Co. - Segment focus
Exhibit 50: Acme United Corp. - Overview
Exhibit 51: Acme United Corp. - Business segments
Exhibit 52: Acme United Corp. - Key offerings
Exhibit 53: Acme United Corp. - Segment focus
Exhibit 54: Certified Safety Manufacturing Inc. - Overview
Exhibit 55: Certified Safety Manufacturing Inc. - Product and service
Exhibit 56: Certified Safety Manufacturing Inc. - Key offerings
Exhibit 57: Cintas Corp. - Overview
Exhibit 58: Cintas Corp. - Business segments
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ConTemporary Locums, a physician-focused medical staffing company, is ushering in a new era with a bold rebrand: Era Locums. This brand evolution marks a commitment to continued innovation and a deeper connection with the company's physician and...
AIS Healthcare, a leading provider of targeted drug delivery (TDD) and infusion care solutions, is proud to recognize March 25-31 as National Physicians Week. This week and throughout the year, we celebrate the dedication of physicians who selflessly...
The "Liquid Biopsy Markets by Cancer, Usage, Biomarker, Place, & Product With Price and Volume Outlook. Including Executive and Consultant Guides and Customized Forecasting and Analysis 2023-2027" report has been added to ResearchAndMarkets.com's...
The "Global Proteomic Biomarker Analytics Market Forecasts by Application, Technology, Product, and Place, with Executive & Consultant Guides; Including Customized Forecasting and Analysis" report has been added to ResearchAndMarkets.com's offering....
The "Syndromic Multiplex Panels Markets. Strategies and Trends. Forecasts by Syndrome (Respiratory, Sepsis, GI etc.) by Place, by Product and by Country. With Market Analysis and Executive Guides. 2024 to 2028" report has been added to...