Fire Extinguisher Market Insights: Rising at a 5.7% CAGR by 2035, Projected Value of USD 7,345.6 Million

The Fire Extinguisher Market report, unveiled by Future Market Insights-an ESOMAR Certified Market Research and Consulting Firm-presents invaluable insights and meticulous analysis of the Fire Extinguisher market. Encompassing the research's scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Fire Extinguisher. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2035. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The Fire Extinguisher Market is currently experiencing a consistent upsurge in demand, driven by a concerning increase in fire-related fatalities within both residential and commercial settings. As the imperative for effective fire control becomes increasingly apparent, fire extinguishers have emerged as indispensable tools for swiftly and efficiently extinguishing flames, particularly in confined spaces. These essential devices are thoughtfully designed with simplicity at their core, empowering individuals to confidently and effectively address fire emergencies.

The demand for fire extinguishers reached USD 3,993.3 million globally in 2024, and it is projected to expand by 5.4% annually in 2025, reaching USD 4,220.8 million in total revenues by the end of the year.

By 2035, the demand for these items is expected to reach USD 7,345.6 million, with a compound annual growth rate (CAGR) of 5.7% from 2025 to 2035.

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Growing awareness of fire safety in homes, businesses, and industries is the reason for the steady growth in fire extinguishers. Fire extinguishers are essential pieces of safety gear that are used to put out little fires or stop them from growing into large, dangerous events.

As the incidence of fire-related fatalities in both residential and commercial properties continues to rise, so too does the demand for fire extinguishers. These devices, with their simplicity of operation, play a pivotal role in mitigating fire hazards during critical emergency situations.

The installation and maintenance of hydrant systems and automated fire sprinkler systems necessitate the involvement of skilled firefighters or specialized equipment, both of which are limited in their applicability within confined spaces. Additionally, the implementation of sprinkler systems can be cost-prohibitive, rendering them inaccessible to certain entities.

Key Takeaways from the Market Study

• From 2018 to 2022, the global fire hydrant market grew at a CAGR of 4.5%

• As of 2022, the fire hydrant market was valued at USD 3.8 billion

• The United States is expected to be an opportunistic market, accumulating a valuation of USD 1 billion in 2021

• Germany to account for 15.7% of the European fire extinguishers demand

• As of 2022, the market for fire extinguishers in China was valued at USD 560 million

• India to experience a CAGR of 6% from 2025 to 2035 with respect to fire extinguishers sales

• Around 1/4th of all fire extinguishers are expected to comprise dry chemicals

• By fire type, class A fires to generate incremental opportunity worth USD 1.6 billion

'The global fire extinguisher business is expected to grow significantly. Increased construction activity for commercial spaces, new manufacturing plants, and the introduction of new housing developments, combined with the implementation of strict fire safety laws, are all influencing the global fire extinguishing market,' says FMI analyst.

Competitive Landscape

The global fire extinguisher marketplace is extremely competitive with numerous small-scale and local competitors present. Key players in the fire extinguishers market use tactics such as company growth through mergers and acquisitions, product launches, partnerships, and alliances.

• Ceasefire Industries Pvt. Ltd. unveiled an exclusive range of home extinguishers with a compact point-and-shoot construct in August 2022.

• SFP Holding, Inc. declared in June 2002 that its subsidiary companies, Summit Fire & Security and Summit Fire Protection, had just concluded ten strategic acquisitions.

More Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global fire extinguisher market presenting a historical analysis from 2018 to 2022 and forecast statistics for the period of 2025 to 2035.

The study reveals essential insights by product type (water, foam, we chemical, dry powder, carbon dioxide, dry chemical, and others), fire type (class A, class B, class C, class D, and class D), and end-user (residential, commercial, industrial, public areas, and others) across five major regions (North America, Latin America, Asia Pacific, Europe and Middle East & Africa).

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Key Segments of Market Report

By Product Type:
Based on product type, the fire extinguisher is segmented into water (air-pressurized water, and water-mist), foam (aqueous film-foaming foam, compressed air foam system, and others), wet chemical (pottasium acetate, pottasium carbonate, and pottasium citrate), dry powder, carbon dioxide, dry chemical, and others.

By Fire Type:
Based on fire type, the fire extinguisher is segmented class A extinguisher, class B extinguishers, class C extinguishers, class D extinguishers, and class K extinguishers.

By End Use Sector:
Based on end use sector, the fire extinguisher is segmented into residential, commercial, industrial, public areas, and others.

By Region:
Regions considered in the study include North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific, and the Middle East and Africa.

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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