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How Big Is The First Aid Kit Market? | Grand View Research, Inc.

How Big Is The First Aid Kit Market? | Grand View Research, Inc.

June 24
13:14 2020
How Big Is The First Aid Kit Market? | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting
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.

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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U.S. first aid kit market size

First Aid Kit Market Report Highlights

  • 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

  • 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

  • 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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  Global first aid kit market share 


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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)

  • Common Type Kit

  • Special Type Kit

    • CPR

    • Snake Bite

    • Burn Care

    • Others

First Aid Kit End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Hospital & Clinics

  • Home & Offices

  • Fire Department

  • Others

First Aid Kit Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

  • Asia Pacific

    • China

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • MEA

    • South Africa

    • Saudi Arabia

List of Key Players of First Aid Kit Market:

  • Acme United Corporation

  • Certified Safety

  • Manufacturing

  • Cramer Products

  • Dynamic Safety USA, LLC

  • Green Guard First Aid & Safety

  • HARTMANN

  • 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

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