First Aid Kit Market Size To Grow By Usd 130.38 Million From 2022 To 2027|Demand From The Sports Industry To Drive The Market - Technavio

2023-07-06 09:46:10

(MENAFN- PR Newswire) NEW YORK, July 6, 2023 /PRNewswire/ -- The
first aid kit market
size is set to grow by USD 130.38 million from 2022 to 2027, progressing at a CAGR of 4.66% during the forecast period.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
Demand from the sports industry is notably driving the first-aid kit market growth.
There are several commercial end-users; the most notable one is the sports industry, which contributes to the purchase of 50% of first aid kits. The growth of the market is driven by an increase in the number of
providers of first aid kits who create and design kits, especially for athletes and sports teams. In order to provide relief to different injuries caused to athletes in different environments, these kits need
to contain the appropriate items.
Moreover, sports coaches, as well as physiotherapists, should effectively have an understanding of various types of wounds that may happen while practice sessions
or matches and how to take care of
them. For instance, in a baseball match, there are high chances of bruises, sprains, and abrasions. Therefore, the kits should contain appropriate things such as cold packs and elastic bandages. The
first aid kits used by
coaches to treat athletes and sportspersons are predominantly supplied by the sponsors that organize the events. Hence, such factors are expected to drive the market during the forecast period.
Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021)
and a forecast period (2023-2027).
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Technavio has announced its latest market research report titled Global First Aid Kit Market

The first aid kit market covers the following areas:

first aid kit market sizing
first aid kit market forecast
first aid kit market analysis

The report on the first aid kit market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.

First Aid Kit Market 2023-2027 - Market Dynamics

Major Trends

The provision of specialty first aid kits
is an emerging trend supporting the first aid kit market growth.
Generally, the
components of general first aid kits are used to treat injuries like bruises, cuts, or sprains. For particular injuries, the user may occasionally need a few extra items from the first aid kit. For example, those who enjoy nighttime camping may require medications for snake or insect bites that are not
typically included in first aid kits. Such factors lead the market suppliers to provide first aid kits for specific uses, which will significantly support the expansion of the market.

Significant Challenge

The major challenge impeding the first aid kit market growth is the limitations on the size and weight of first aid kits.
First aid kits are essential for numerous environments and situations, including the workplace, outdoor activities, home security, educational institutions, and travel. First aid kits are often carried during a variety of events, such as camping, travel, or sporting events, making it difficult to keep all the supplies inside due to their small size and weight. To lower risks, various end-users require all the products that are available in the kit for treating injuries
and accident protection. Traditional first aid kits are generally made from metal, which rusts over time.
Most importantly, users should also be knowledgeable of their first aid kit requirements as per the common occupational risks and physical hazards involved in other activities they engage in. Such factors can impede the market growth during the forecast period.

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First Aid Kit Market
2023-2027: Market Segmentation

The first aid kit market segmentation
by end-user (industrial, commercial, and individual), product type (common type kit and special type kit), and geography (Asia, North America, Europe, and the Rest of the World).

The market
share growth by the industrial segment will be significant during the forecast period.
Industrial end-users include military, defense, heavy industries, construction, mining, and law enforcement departments. Since the job profiles
involve
occupational hazards, such as cuts, abrasions, falling objects, flying objects, sprains, and other injuries, first aid kits are used in such industries.
Also, risks like dust particles such as wood dust, cement particles, and metal dust are typical in the construction industry. Moreover, working with different materials, dust, and flying debris is not easy and these workers are prone to a high rate of health damage. To ensure the safety of workers, developed
countries like the US and the UK have adopted safety regulations for workers in industries, which has led to the growth of first aid
kits. Further, developing countries too deliver a high first aid kit usage, which has also led to the growth of the market. Thus, it has been estimated that moderate growth is likely to be witnessed by the industrial end-user segment during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- view sample report

Companies Mentioned

3M Co.
Acme United Corp.
AdvaCare Pharma
Adventure Ready Brands
Certified Safety Manufacturing Inc.
Cintas Corp.
Cramer Products Inc.
DC Safety
Fieldtex Products Inc.
Honeywell International Inc.
Johnson and Johnson
KANGLIDI Medical Articles Co. Ltd.
Lifeline
Lonogbow
Medline Industries LP
Paul Hartmann AG
Protective Industrial Products
Ready America Inc.
Sterimed Group
UniFirst Corp.

Vendor Offerings

3M Co. -
The company offers a first aid kit that enables workers to work in a safe manner in the wind industry and is suitable for both onshore and offshore access requirements in conjunction with supplementary GWO BST training modules.
Acme United Corp. -
The company offers a first aid kit which is a weatherproof case ideal for all indoor and outdoor use and an easy-to-carry handle or wall mountable for quick access in an emergency.
AdvaCare Pharma -
The company offers a first aid kit which is an assortment of medical paraphernalia that is essential when performing first aid on somebody.

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First Aid Kit Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.66%
Market growth 2023-2027	USD 130.38 million
Market structure	Fragmented
YoY growth 2022-2023(%)	3.92
Regional analysis	Asia, North America, Europe, and the Rest of the World (ROW)
Performing market contribution	Asia at 50%
Key countries	US, Germany, UK, China, and India
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	3M Co., Acme United Corp., AdvaCare Pharma, Adventure Ready Brands, Certified Safety Manufacturing Inc., Cintas Corp., Cramer Products Inc., DC Safety, Fieldtex Products Inc., Honeywell International Inc., Johnson and Johnson, KANGLIDI Medical Articles Co. Ltd., Lifeline, Lonogbow, Medline Industries LP, Paul Hartmann AG, Protective Industrial Products, Ready America Inc., Sterimed Group, and UniFirst Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, 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.

Key Topics Covered:

1 Executive Summary

1.1 Market Overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global first aid kit market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global first aid kit market 2017 - 2021 ($ million)

4.2 End user Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – End user Segment 2017 - 2021 ($ million)

4.3 Product Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user

6.3 Industrial - Market size and forecast 2022-2027
- Exhibit 34: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Industrial - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

6.4 Commercial - Market size and forecast 2022-2027
- Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

6.5 Individual - Market size and forecast 2022-2027
- Exhibit 42: Chart on Individual - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Individual - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Individual - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Individual - Year-over-year growth 2022-2027 (%)

6.6 Market opportunity by End-user
- Exhibit 46: Market opportunity by End-user ($ million)

7 Market Segmentation by Product Type

7.1 Market segments
- Exhibit 47: Chart on Product Type - Market share 2022-2027 (%)
- Exhibit 48: Data Table on Product Type - Market share 2022-2027 (%)

7.2 Comparison by Product Type
- Exhibit 49: Chart on Comparison by Product Type
- Exhibit 50: Data Table on Comparison by Product Type

7.3 Common type kit - Market size and forecast 2022-2027
- Exhibit 51: Chart on Common type kit - Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Common type kit - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Common type kit - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Common type kit - Year-over-year growth 2022-2027 (%)

7.4 Special type kit - Market size and forecast 2022-2027
- Exhibit 55: Chart on Special type kit - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Special type kit - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Special type kit - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Special type kit - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Product Type
- Exhibit 59: Market opportunity by Product Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison

9.3 Asia - Market size and forecast 2022-2027
- Exhibit 65: Chart on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 67: Chart on Asia - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Asia - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 Rest of World (ROW) - Market size and forecast 2022-2027
- Exhibit 77: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

9.7 China - Market size and forecast 2022-2027
- Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 India - Market size and forecast 2022-2027
- Exhibit 89: Chart on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on India - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on India - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on India - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027
- Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Market opportunity by geography
- Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 102: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 104: Overview on factors of disruption

11.4 Industry risks
- Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 106: Vendors covered

12.2 Market positioning of vendors
- Exhibit 107: Matrix on vendor position and classification

12.3 3M Co.
- Exhibit 108: 3M Co. - Overview
- Exhibit 109: 3M Co. - Business segments
- Exhibit 110: 3M Co. - Key news
- Exhibit 111: 3M Co. - Key offerings
- Exhibit 112: 3M Co. - Segment focus

12.4 Acme United Corp.
- Exhibit 113: Acme United Corp. - Overview
- Exhibit 114: Acme United Corp. - Product / Service
- Exhibit 115: Acme United Corp. - Key offerings

12.5 AdvaCare Pharma
- Exhibit 116: AdvaCare Pharma - Overview
- Exhibit 117: AdvaCare Pharma - Product / Service
- Exhibit 118: AdvaCare Pharma - Key offerings

12.6 Adventure Ready Brands
- Exhibit 119: Adventure Ready Brands - Overview
- Exhibit 120: Adventure Ready Brands - Product / Service
- Exhibit 121: Adventure Ready Brands - Key offerings

12.7 Certified Safety Manufacturing Inc.
- Exhibit 122: Certified Safety Manufacturing Inc. - Overview
- Exhibit 123: Certified Safety Manufacturing Inc. - Product / Service
- Exhibit 124: Certified Safety Manufacturing Inc. - Key offerings

12.8 Cintas Corp.
- Exhibit 125: Cintas Corp. - Overview
- Exhibit 126: Cintas Corp. - Business segments
- Exhibit 127: Cintas Corp. - Key offerings
- Exhibit 128: Cintas Corp. - Segment focus

12.9 Cramer Products Inc.
- Exhibit 129: Cramer Products Inc. - Overview
- Exhibit 130: Cramer Products Inc. - Product / Service
- Exhibit 131: Cramer Products Inc. - Key offerings

12.10 DC Safety
- Exhibit 132: DC Safety - Overview
- Exhibit 133: DC Safety - Product / Service
- Exhibit 134: DC Safety - Key offerings

12.11 Fieldtex Products Inc.
- Exhibit 135: Fieldtex Products Inc. - Overview
- Exhibit 136: Fieldtex Products Inc. - Product / Service
- Exhibit 137: Fieldtex Products Inc. - Key offerings

12.12 Honeywell International Inc.
- Exhibit 138: Honeywell International Inc. - Overview
- Exhibit 139: Honeywell International Inc. - Business segments
- Exhibit 140: Honeywell International Inc. - Key news
- Exhibit 141: Honeywell International Inc. - Key offerings
- Exhibit 142: Honeywell International Inc. - Segment focus

12.13 Johnson and Johnson
- Exhibit 143: Johnson and Johnson - Overview
- Exhibit 144: Johnson and Johnson - Business segments
- Exhibit 145: Johnson and Johnson - Key news
- Exhibit 146: Johnson and Johnson - Key offerings
- Exhibit 147: Johnson and Johnson - Segment focus

12.14 KANGLIDI Medical Articles Co. Ltd.
- Exhibit 148: KANGLIDI Medical Articles Co. Ltd. - Overview
- Exhibit 149: KANGLIDI Medical Articles Co. Ltd. - Product / Service
- Exhibit 150: KANGLIDI Medical Articles Co. Ltd. - Key offerings

12.15 Lifeline
- Exhibit 151: Lifeline - Overview
- Exhibit 152: Lifeline - Product / Service
- Exhibit 153: Lifeline - Key offerings

12.16 Medline Industries LP
- Exhibit 154: Medline Industries LP - Overview
- Exhibit 155: Medline Industries LP - Product / Service
- Exhibit 156: Medline Industries LP - Key offerings

12.17 Paul Hartmann AG
- Exhibit 157: Paul Hartmann AG - Overview
- Exhibit 158: Paul Hartmann AG - Business segments
- Exhibit 159: Paul Hartmann AG - Key offerings
- Exhibit 160: Paul Hartmann AG - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 161: Inclusions checklist
- Exhibit 162: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 163: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 164: Research methodology
- Exhibit 165: Validation techniques employed for market sizing
- Exhibit 166: Information sources

13.5 List of abbreviations
- Exhibit 167: List of abbreviations

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