How Big Is The First Aid Kit Market? | Grand View Research, Inc.
June 2020 | Report Format: Electronic (PDF)
First Aid Kit Market Growth & Trends
The global first aid kit market size is expected to reach USD 238.47 million by 2027, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.3% from 2020 to 2027. Increasing prevalence of hospital acquired diseases and rising hospital admissions are the key factors driving the market for first aid kit.
Road accidents are rapidly increasing and such cases require immediate first aid and medical attention. In February 2020, the WHO reported that around 1.35 million people die in road accidents every year and on an average 20 to 50 million people get injured or disabled. It also reported that road accidents are the leading cause of deaths among children and young adults aged 5-29 years. According to the Association for Safe International Road Travel (ASIRT), in U.S., over 37,000 people die in road accidents every year and an additional 2.35 million get injured or disabled.
As per the report on “Road Accidents in India (2018)” published by the Ministry of Road Transport and Highways Transport Research Wing, Government India, in 2018, 4,67,044 road accidents were reported in India. India ranks first in the number of road crash deaths across the globe, followed by China and U.S., as stated by the World Road Statistics, 2018. The WHO Global Report on Road Safety 2018 states that India accounts around 11.00% of road traffic crash deaths in the world. Road accidents victims need immediate medical attention.
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First Aid Kit Market Report Highlights
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By product, the common type kit segment held the largest market share in 2019. Common type kits are generally used in home, offices, and industrial settings and these are majorly used in every kind of first aid requirements
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Based on end use, the home and offices segment is anticipated to witness significant growth over the forecast period owing to increasing number of fall cases and rising cases of mishaps happening in kitchen in home setting
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Asia Pacific is expected to witness the fastest growth over the forecast period owing to high number of road crashes in countries, such as India and China.
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First Aid Kit Market Segmentation
Grand View Research has segmented the global first aid kit market on the basis of product, end use, and region:
First Aid Kit Product Outlook (Revenue, USD Million, 2016 – 2027)
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Common Type Kit
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Special Type Kit
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CPR
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Snake Bite
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Burn Care
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Others
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First Aid Kit End-use Outlook (Revenue, USD Million, 2016 – 2027)
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Hospital & Clinics
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Home & Offices
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Fire Department
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Others
First Aid Kit Regional Outlook (Revenue, USD Million, 2016 – 2027)
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North America
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U.S.
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Canada
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Europe
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U.K.
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Germany
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Asia Pacific
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China
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Japan
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Latin America
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Brazil
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Mexico
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MEA
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South Africa
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Saudi Arabia
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List of Key Players of First Aid Kit Market:
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Acme United Corporation
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Certified Safety
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Manufacturing
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Cramer Products
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Dynamic Safety USA, LLC
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Green Guard First Aid & Safety
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HARTMANN
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MedTree
First Aid Kit Market Report Scope
Report Attribute |
Details |
Market size value in 2020 |
USD 166.40 million |
Revenue forecast in 2027 |
USD 238.47 million |
Growth Rate |
CAGR of 5.3% from 2020 to 2027 |
Base year for estimation |
2019 |
Historical data |
2016 – 2018 |
Forecast period |
2020 – 2027 |
Quantitative units |
Revenue in USD million and CAGR from 2020 to 2027 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Product, end use, region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; MEA |
Country scope |
U.S.; Canada; U.K.; Germany; China; Japan; Brazil; Mexico; South Africa; Saudi Arabia |
Key companies profiled |
Acme United Corporation; Certified Safety; Manufacturing; Cramer Products; Dynamic Safety USA, LLC; Green Guard First Aid & Safety; HARTMANN; MedTree |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
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