About Emergency Package
The global emergency package market is expected to grow in the forecasted period due to increasing awareness among the people and the huge advantages of the package. The emergency package is a set of various tools and supplies which are used in case of emergency. The growing demand from military and defense, rising per capita income. these are drivers of the global emergency package market. The emergency package is usually carried by campers, hikers and forest rangers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.2% |
Leading key players are focusing on strategic partnerships to improve their products and services. Companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Emergency Package market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson & Johnson (United States), Fieldtex Products (United States), Honeywell (United States), 3M (United States), Acme United Corporation (United States), AdvaCare Pharma (United States), Cintas (United States), American Red Cross (United States), More Prepared (United States) and Montem Outdoor Gear (New York) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are EVAQ8 (United Kingdom), Olive Planet (India) and Eartheasy (United States).
Segmentation Overview
AMA Research has segmented the market of Global Emergency Package market by Type (First Aid Kit, Emergency Disaster Kit, Tool Kit, Specialized Kit and Others), Application (Indoor and Outdoor) and Region.
On the basis of geography, the market of Emergency Package 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. Specialty Store will boost the Emergency Package market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Outdoor Emergency Packaging and Growing Awareness of the among the Consumer Regarding Advantages of Emergency Packages
Market Growth Drivers:
Growing demand from the Military Aircraft and Increasing Per Capita Income
Challenges:
Lack of uniform regulations and product standards
Restraints:
Stringent Government Regulations Related to The Emergency Package
Opportunities:
The Growing Demand for Innovative and User-Friendly Emergency Package and High Demand for Emerging Markets and Defence & Military Industry
Market Leaders and their expansionary development strategies
In October 2023, FEMA partners with drone delivery company Zipline to speed up emergency response in remote areas.
In July 2023, Wilderness Collective unveils a lightweight and compact survival kit designed for solo adventurers.
Key Target Audience
Emergency Package Providers, Government Regulatory Bodies, Private Research Organizations, Government Research Organization 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.