Smoke Grenade Market 2023, Trends, Size, Share, Growth and Forecast by 2028

The latest report by IMARC Group, titled "Smoke Grenade Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". The global smoke grenade market size reached US$ 485.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 670.9 Million by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.

A smoke grenade is an enclosed, container-like device that emits white or colored smoke when ignited and is utilized for both military and commercial purposes. It consists of four emitter holes on top and one on the bottom, allowing smoke to escape when activated. It has a greater range than regular smoke bombs, making it possible to target a larger area. It is widely used to signal team members, mark a location, or make it easier for others to find a person or place. In combat, a smoke grenade can mark an artillery or bombing target, disorient opponents before an assault, or identify positions. At present, the smoke grenade also finds extensive applications in various games, firework displays, and festive celebrations across the globe.

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Smoke Grenade Market Trends and Drivers:

The global smoke grenade market is primarily driven by the increasing instances of war, crime, and conflicts between several countries due to growing geopolitical tensions. Moreover, the rising product utilization by law enforcement agencies to curb internal violence, protests, and civilian unrest to manage difficult situations and control crowds effectively is positively influencing the market growth. Additionally, the increasing demand for eco-friendly smoke grenades owing to surging awareness about toxic contamination has catalyzed market growth. Furthermore, continuous product innovations, including the development of advanced handheld multi-shot grenade launchers, are contributing to the market growth. Other factors, including widespread product utilization in training exercises, reduction in smoke grenade production costs, and rapid urbanization, are also anticipated to propel the market growth.

Report Segmentation:

The report has segmented the market into the following categories:

Product Insights

Burst Smoke Grenade
Wire Pull Smoke Grenade
Micro Smoke Grenade
Others

Application Insights

Signaling
Screening and Obscuring
Riot Control
Others

End User Insights

Military and Defense
Law Enforcement
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

3rd Light Ltd.
Centanex Ltd.
Combined Systems Inc.
Daekwang Chemical Co. Ltd.
Defense Technology LLC (Safariland LLC)
Nammo AS
Nonlethal Technologies Inc.
Rheinmetall AG
Sport Smoke LLC

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