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First Aid Kit Market is forecasted to expand at a CAGR of 5.1% to reach US$ 319.9 Mn by the end of 2032 | PMR

04-12-2023 07:28 AM CET | Health & Medicine

Press release from: Persistence Market Research

The first aid kit market is a segment of the healthcare industry that deals with the production and sale of medical kits designed to provide immediate care for injuries and illnesses. First aid kits are essential for emergency situations, and they are used in a variety of settings, including homes, schools, offices, and outdoor activities.

The Global First Aid Kit Market reached a valuation of US$ 186.3 million in 2021 and is forecasted to expand at a CAGR of 5.1% to reach US$ 319.9 million by the end of 2032. According to this new study by Persistence Market Research, sports first aid kits are leading the market with a share of 32.2%.

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One of the key drivers of the first aid kit market is the increasing prevalence of accidents and injuries. Accidents can occur in any setting, and immediate medical attention is essential to prevent further harm and improve outcomes. First aid kits provide essential tools and supplies to address common injuries, such as cuts, burns, and sprains, and can help stabilize patients until medical professionals arrive.

Companies

Green Guard First Aid & Safety
Acme United Corporation
Johnson & Johnson Services, Inc.
AdvaCare Canadian Safety Supplies
Steroplast Healthcare
DC Safety
Cramer products
Dynamic Safety USA
Certified Safety Manufacturing
Lifeline
Ready America
Levitt-Safety
MedTree
Nothern Safety
Tender Corporation
Sterimed
HARTMANN

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Another factor driving the first aid kit market is the increasing adoption of outdoor activities. Outdoor activities, such as camping, hiking, and sports, have become increasingly popular in recent years. These activities often involve a higher risk of injuries, and having a first aid kit on hand can be essential for treating injuries and preventing complications.

The first aid kit market includes a variety of products, including basic kits, advanced kits, and specialty kits. Basic kits typically contain essential supplies, such as bandages, antiseptics, and pain relievers, while advanced kits may include more specialized items, such as splints and tourniquets. Specialty kits are designed for specific settings or activities, such as camping or sports.

Competitive Analysis

The market is fragmented due to the presence of several producers of first aid kits. Key businesses are involved in tactics such as new product releases, partnerships, mergers, and acquisitions to increase their position in the global market.

In April 2019, Method, the co-Creator of Olly, introduced its first aid brand by Target.
In 2018, Medline Industries developed a line of germ protection products to prevent infections. This product line includes 2-layer gloves, antimicrobial ointments, advanced breathable adhesive bandages, CHG antiseptic, and a pre-surgical cleaning kit.

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Market Segments Covered in First Aid Kit Market Analysis

By Product:

Compliance First Aid Kits
Workplace First Aid Kits
Vehicle First Aid Kits
Sports First Aid Kits
Other First Aid Kits

By Application:

Household
Commercial

By End User:

Healthcare Centers
Transportation
Industrial and Manufacturing Facilities
Homes and Offices
Military
Sports Academies
Others

By Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East and Africa (MEA)

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About Us

Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

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