About First Aid Kits
First Aid Kits is a bunch of medical equipment’s used to give remedial treatment. Innards of first aid kits are an antiseptic wash, scissors, sterile medical tape, cold packs and more. In casre of injury with the help of this medical equipments, temporary treatment can be done before medical treatment which reduces the risk of infection which can turn into life-threatening conditions. As emerging economies are now more focused on safety guideline hence first aid market is booming across the globe.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Numerous players are present in the market hence, fragmented market. An increasing number of road accidents and raising awareness among people and others are expected to increase sale od first aid kit over the forecasted period. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global First Aid Kits market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Fieldtex Products (New York), Johnson & Johnson (United States), Dynamic Safety USA (United States), Green Guard (United States), Levitt-Safety (Ontario), Med Tree (United Kingdom), Medline Industries (United States), Northern Safety (New York), Protective Industrial Products and Ready America (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Acme United Corporation (United States), Steroplast Healthcare (Greater Manchester) and DC Safety (New York).
Segmentation Overview
AMA Research has segmented the market of Global First Aid Kits market by Type (Common Type Kits, Special Type Kits and Others), Application (Household and Commercial) and Region.
On the basis of geography, the market of First Aid Kits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online Retail will boost the First Aid Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Transportation will boost the First Aid Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emphasizing on Specialty First Aid kits and Increasing Adoption of Driving Safety kits
Market Growth Drivers:
Increasing Demand from Sports Industry, Provide Instant Aid before Medical Treatment and Flatten Safety Guidelines
Challenges:
Awareness about Implementation of Tools and Reducing Size and Weight of First Aid Kits
Restraints:
Lack of Skilled Workforce
Opportunities:
Increasing Employment in Healthcare Industry Across Globe and Growing Emphasis on Healthcare Services
Key Target Audience
First Aid Kit Manufacturers, Hospitals and Clinics, Research Laboratories, Government agencies, Research Institute, Hospitals and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.