Survival Tools Market Valued at USD 1.24 Billion in 2023; Anticipated to Grow at a CAGR of 7.9%, Reaching USD 2.11 Billion by 2030

Pune, 01, July 2024:The Survival Tools Market size was valued at USD 1.24 Bn. in 2023 and the total Survival Tools Market revenue is expected to grow at a CAGR of 7.9 % from 2024 to 2030, reaching nearly USD 2.11 Bn.

Survival Tools Market Report Overview

The growth drivers and challenges, as well as company plans, procedures, and a detailed financial strategy, are all explored in the Survival Tools research. Customization, as well as extensive information about Survival Tools industry potential, meets customer expectations. In light of modern industrial conditions, this global Survival Tools market study helps with structure planning.

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Survival Tools Market Report Scope and Research Methodology

The report offers a comprehensive analysis of the Survival Tools Market by examining various segments formed through different factors. It discusses the primary drivers, restraints, potential growth opportunities, and challenges within the market. The report provides an extensive overview of the competitive landscape and detailed insights to help companies recognize significant shifts in industry practices. Additionally, it evaluates the current state of the Survival Tools industry, including projected future growth, technological advancements, investment prospects, market economics, and financial data. The study delivers an in-depth assessment of each regional market's size and growth rates, presenting an overall picture of the industry. It also provides detailed information on key industry players, explaining their strategies for maintaining and expanding their market share.

Market Dynamics:

There is a growing need for survival equipment as a result of the increase in natural disasters like earthquakes, floods, and cyclones that occur worldwide. For example, each year about 60,000 people globally are impacted by natural catastrophes, with significant numbers of deaths resulting from occurrences such as floods and droughts. The market for survival kits and other supplies in susceptible areas is growing as a result of increased government investment in disaster preparedness. Outdoor leisure activities have increased dramatically since the epidemic, especially for millennials and Generation Z. Individuals are looking for versatile survival kits such as the KEA KIT, which provides all the equipment needed for a variety of outdoor activities. Emergency supplies are becoming more and more necessary as tourists participate in sports like trekking and climbing and tight safety standards are put in place, which boosts sales.

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Survival Tools Market Regional Insights

The Survival Tools Market is segmented into key regions, including North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are further divided into specific countries such as the United States, Canada, Mexico, the United Kingdom, Germany, France, Spain, Italy, the rest of Europe, China, India, Japan, Australia, and South Korea.

Survival Tools Market Segmentation

By Product

Shovels

Ropes

Compasses

Pocket Tools

Hatchets

First Aid Kits

First aid kits are the most popular category based on product, mostly due to their critical function in emergency preparedness in a variety of contexts, such as travel, outdoor activities, and disaster relief. First aid kits are predicted to continue dominating the market due to rising safety awareness and the frequency of natural catastrophes. This trend will be aided by ongoing advancements and the addition of cutting-edge medical supplies to the Survival Tools Market. Compasses and pocket tools are next in line, meeting the needs of professionals and outdoor lovers for small, multipurpose equipment.
By Material

Stainless Steel

Aluminium

Wood

Plastic

By Therapy

Hiking Activities

Hunting and Fishing

Camping Activities

Other Wilderness Activities

By Sales Channel

Supermarkets/ Hypermarkets

Multi-brand Stores

Online

Direct Sales

Specialty Stores

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Survival Tools Market Key Players

North America:

Tender Corporation (United States)
Coleman Company (United States)
SOG Specialty Knives and Tools, Inc. (United States)
Ultimate Survival Technologies (United States)
Johnson and Johnson International, Inc. (United States)
Honeywell International, Inc. (United States)
Leatherman Tool Group, Inc. (United States)
L.L. Bean Inc. (United States)
Unchartered Supply Company (United States)

Europe:

Fiskars Group (Finland)
Wild and Wolf, Inc. (United Kingdom)
Frasers Group (United Kingdom)

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Key Questions answered in the Survival Tools Market Report are:

What was the Survival Tools market size in 2023?
What is the expected Survival Tools market size by 2030?
What are the Survival Tools market segments?
Which Survival Tools market segment is expected to grow rapidly during the forecast period?
Which are the prominent players in the Survival Tools Industry?
What key trends will emerge in the Survival Tools market during the forecast period?
Which region dominated the global Survival Tools market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segments with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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