First Aid Kit Market Size, Share, Growth, And Industry Analysis by Type (Common Type Kit and Special Type Kit) by Application (House & Office Hold, Vehicle, Industrial Factory, Military, Outdoor & Sports and Others), Regional Insights, and Forecast From 2024 To 2031

Updated On: 01 April 2024

First Aid Kit Market Report Overview

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The global first aid kit market size was USD 543.9 million in 2021 and is expected to reach USD 864.24 million in 2031, exhibiting a CAGR of 4.7% during the forecast period.

A first-aid kit contains the basic medical supplies required to provide emergency patients with quick medical care. Depending on the goal, viability, and circumstance that users may encounter, these kit' contents may change. Due to an increase in kitchen burn incidents, there will be a greater need for first aid kit. According to the Centers for Disease Control and Prevention, burn-related illnesses claim the lives of over 10,000 Americans yearly (CDC). The CDC advises using first aid at home to treat first- and second-degree burns before bringing the patient to a clinic or hospital. Growing consumer health concerns and increased understanding of the need of prompt treatment in case of uncertainty are driving the first aid kit market size.

The demand for first aid kit is rising as a result of an increase in traffic accidents, a rise in the frequency of incidents involving falls in homes and workplaces, and global knowledge of first aid techniques. The need for first aid kit has increased as incidence of falls in residential and commercial settings grow. If someone is hurt after falling, they need to see a doctor right away since failing to do so might result in blood clots and other problems that could kill them. The need for first aid kit is expected to rise due to an increase in kitchen burn incidences. More than 10,000 Americans lose their lives to burn-related diseases each year, according to the Centers for Disease Control and Prevention (CDC). First aid at home can be used to treat first- and second-degree burns before transporting the patient to a hospital or clinic, according to the CDC. Therefore, throughout the anticipated period, such variables are anticipated to fuel first aid kit market growth.

COVID-19 Impact: Lockdowns, Severe Social Laws and Prohibitions Against Isolation Had an Impact on the Manufacturing Sector

The global COVID-19 pandemic has been unprecedented and staggering, with the first aid kit market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Due to the COVID-19 pandemic, several nations, including China, India, Nepal, Pakistan, South Korea, Malaysia, Sri Lanka, and the Philippines, were either partially or completely in lockdown throughout the first half of 2020. All Asian manufacturing sectors were affected by these lockdowns, strict social segregation, and isolation regulations, which resulted in the temporary stoppage of production facilities. In 2020, the market for first aid kit continued to develop slowly. Although there were fewer patients who had accidents during the COVID-19 pandemic, accident management services were nonetheless available despite changes to the healthcare system and delivery methods. Since lockdowns have been loosened in the majority of the countries and vaccination campaigns have begun. Such elements are anticipated to maintain the first aid kit market share. 

Latest Trends

"Availability Of Specialty First Aid Kit Boosting the First Aid Kit Market Share"

Components of general first aid kit are used to treat wounds like bruises, cuts, or sprains. However, the user may occasionally need a few more items from the first aid bag that might be for certain ailments. For instance, those who like nighttime camping may require medications for snake or bug bites that aren't often included in first aid packs. As a result, market suppliers are providing first aid kit for certain uses, which will significantly help in the first aid kit market expansion. 

First Aid Kit Market Segmentation

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• By type

Depending on first aid kit market given are types: Common Type Kit and Special Type Kit. The common type kit type will capture the maximum market share through 2028.

• By Application

The market is divided in house & office hold, vehicle, industrial factory, military, outdoor & sports and others based on application. The global first aid kit market players in cover segment like house & office hold will dominate the market share during 2022-2028.

Driving Factors

"Demand From the Sports Industry Will Expand the Market"

A little over half of the first aid kit on the market are sold to businesses, mostly in the sports sector. The creation and design of first aid kit for athletes and sports teams has fueled the first aid kit market share. Numerous suppliers, such Acme United Corporation and Lifeline, sell first aid kit tailored specifically for athletes. Since players are expected to perform in a variety of settings, a first aid pack with the necessary supplies would be needed in the event of an unforeseen accident. Understanding the kind of injury that could happen during a game or practice is a crucial requirement for sports coaches and physiotherapists. As a result, it is predicted that these factors will support first aid kit market growth over the anticipated period.

"Activities Taken by Public and Private Organisations to Encourage Market Expansion"

Numerous programmes launched by both public and private entities are also projected to boost first aid kit market growth. World First Aid Day, for instance, is observed on September 9. It is an annual campaign that seeks to raise awareness of first aid supplies and instruction. Utilizing social media and the hashtag #WorldFirstAidDay to disseminate information, visiting schools, and planning seminars on the significance of first aid are just a few of the actions taken to increase awareness of first aid. According to surveys conducted by the Canadian Red Cross, 40.0% of Canadians have experienced an incident requiring first aid, while only 18.00% of Canadians have first aid certification. It is projected that these causes would boost demand for first aid kit market.

Restraining Factors

"Limitations of the Size and Weight of First Aid Kit to be a Major Challenge "

First aid kit are necessary in a variety of settings and circumstances, including the workplace, outdoor activities, home security, educational institutions, and while travelling. Since first aid kit are carried for a variety of reasons, including camping, travel, and sporting activities, it can be difficult to maintain everything in a kit owing to its restricted size and weight. To reduce risk, different end users need all the products that are available for injury and accident protection. Users need to be aware of what they need for their jobs and other activities. This can cut down on the extra supplies that need to be carried in first aid kit. Vendors face a problem in figuring out these restrictions and the best first aid the above factors are leading to provide hindrance to the first aid kit market growth.

First Aid Kit Market Regional Insights

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"North America Dominates the Global Market "

Due to the rising number of traffic accidents and the presence of major competitors in the area, North America held the greatest market share. The production of a wide range of products, such as cotton self-adhesive elastic bandages, multipurpose first aid kit, and office wall mount first aid boxes, is also predicted to contribute to the growth of the first aid kit market in North America. Acme United Corporation, Certified Safety Manufacturing, Cramer Products, Dynamic Safety USA, LLC, Green Guard First Aid & Safety, and HARTMANN are a few of the major companies active in this area. 

Over the projection period, Asia Pacific is predicted to see the quickest growth. The rise in the market is linked to the high number of fatalities in traffic accidents in nations like China and India. Additionally, the presence of nations like India, Indonesia, and Pakistan—which account for the bulk of snakebite deaths worldwide—should increase demand for first aid kit in the area. Due to an increase in accidents in the region and the high need for first aid kit as a major means of treatment, Asia Pacific is the region with the fastest expanding market for first aid kit globally. Additionally, it is anticipated that the manufacture of a broad range of items, including cotton self-adhesive elastic bandages, multi-functional first aid kit, and office wall mount first aid boxes, would assist in the expansion of the first aid kit market in Asia Pacific.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Acme United Corporation (U.S)
• Johnson & Johnson (U.S)
• 3M Nexcare (U.S)
• Certified Safety Mfg.(U.S)
• Cintas (U.S)
• Lifeline (U.S)
• Honeywell Safety (U.S)
• Tender Corporation (U.S)
• St John Ambulance (U.S)
• Paul Hartmann (Germany)
• Safety First Aid (U.K)
• Lifesystems (U.S)
• First Aid Holdings (U.K)
• Firstar (U.S)
• KangLiDi Medical (China)
• Yunnan Baiyao (China)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.