Travel Safety Kits Market Scope
Travel safety kits is known as precaution safety measure which is carried during travelling Passengers on an airplane commonly utilize traveling kits. A travel kit is a collection of items which may be needed during travel which are packaged together for convenience. It includes face masks, sanitisers, wipers, full face protection equipment, with variety of medical safety measurements. Increasing awareness regarding taking care during travelling in pandemic period. Further government regulations for safety measure impacting on the market demand in positive manner. Geographically, North American region is forecasted to grow with a higher growth rate followed by Europe and the Asia Pacific region. Growing healthcare and pharma based infrastructure across USA has created demand for travel safety kits players in a fruitful manner.
Market players are focusing on providing travel safety kits with higher quality along with complying all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified Travel Safety Kits. The market is fragmented owing to the presence of several international and local providers. The high focus on the offering cost effective product offerings. Besides, the numerous industry profitability has led the entry of new players, in turn, increasing the level of rivalry in the already competitive market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Travel Safety Kits market throughout the predicted period.
LAC Healthcare Solutions (United States), Acme United Corporation (United States), St Johns First Aid (India), Adventure Ready Brands (United States), Certified Safety Manufacturing, Inc. (United States), Armatec Survivability Corporation (United States), Cintas Corporation (United States), N. K. Enterprises. (India), Aptos Logistics (United States), DC Safety Sales Co., Inc. (United States), Ready America, Inc. (United States), Green Guard First Aid & Safety (United States), Levitt-Safety Limited (Canada), Quake Kare, Inc. (United States) and Lifeline First Aid, LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Wolfdog Medical Supplier, LLC. (United States), MedTree (India) and Steroplast Healthcare Limited. (United Kingdom).
Segmentation Overview
The study have segmented the market of Global Travel Safety Kits market by Type (First Aid, Covid Protection Kit and Others), by Application (Long Haul Travelling, Domestic Travelling, Business Travelling, Hiking & Adventurous Activities and Others) and Region with country level break-up.
On the basis of geography, the market of Travel Safety Kits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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).
Influencing Trend:
People are More Aware for taking Precautions during Travelling & Adventurous Activities
Market Growth Drivers:
Growing Demand for Safety Kits with Increasing Safety Concerns, Pandemic has created Higher Traction for Safety Kits and Rising Compulsions for Safety Kits during Tourism
Challenges:
Presence of Large Number of Players in the market and Challenge of complying Strengthen Regulatory Standards
Restraints:
Higher Price associated compared to Traditional Concrete
Opportunities:
Huge Demand for Disposable and Eco Friendly Safety Kits creating Lucrative Growth Opportunities, Travelers & Tourists Companies Inclining towards Bulk Quantity of Travel Safety Kits for Travellers Safety Concerns and Rise of Emergence of E-pharmacy Platforms
Market Leaders and their Expansionary Development Strategies
In May 2021, The Kare Lab has launched new travel protect kit for travellers. The kare lab is one of the leading medical protective equipment supplier across the APAC region. This travel kits consist of face shield, travel pouch for long haul and domestic travellers. With this new launch, company has expanded its portfolio and geographical reach across the Asian countries.
In 2020, Duty Free Innovation (DFI) has released a new hands-free, travel-safe kit. This travel kits enables consumers for boosting their safety during pandemic period. It consist of shopping bag which can be attached & carry with suitcase along with facemask, sanitising wipes, gloves etc. with this launch, company is able to tap demand and necessities for safety during pandemic period.
The American National Standards Institute (ANSI) and International Safety Equipment Association (ISEA) provided the Minimum requirements for Travel safety Kits and (ANSI/ISEA Z3-8.1-2015) establishes minimum performance requirements for first aid kits and their supplies. First aid kits are categorised based on the assortment and quantity of first aid supplies for dealing with several injuries and sudden illness during Travelling. It should including Basic first aid items, Medications like OTC, Allergy medication, Anti-diarrheal medication, Pain and fever medication, Flu Medications, Other Items like Sterile Pad, Trauma Pad, Tourniquet with Minimal Pair of 2 of each.
Key Target Audience
Travel Safety Kits Manufacturer, Travel Safety Kits Supplier, Raw Material Supplier, Healthcare Giants & Players, Pharmaceutical Industrialist, Government Associations, Third Party Investors and New Entrants/Investors
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.