The travel safety kits market size was valued at $4,118.0 million in 2020 and is estimated to reach $5,702.1 million by 2030, registering a CAGR of 4.7% from 2021 to 2030.
First aid kit and COVID - 19 protection kit are major segments of the travel safety kits market. an increasing number of accidents, increasing cases of falls in home and office settings, and rise in awareness regarding the benefits of maintaining first aid kits are likely to bolster the demand for the first aid kits which in turn boost the growth of the travel safety kits market. Furthermore, Growing participation of the people in the sports and adventure activities are expected to spur the demand for travel safety kits as sports people and adventures are increasing demanding long lasting travel safety kits which comprises of face mask, sanitizers, and COVID-19 protection kits. Transport industry is significant contributor for the growth of the travel safety kits market as the transport industry remains one of the highest risk for injury. Furthermore, Government regulations and its strict implementations regarding the use of the face mask for public usages and PPE kits for healthcare personals are further supporting for the generating more demand for the travel safety kits.
Outbreak of COVID-19 has positively impacted the overall growth of the travel safety kits market. Probable risk of upcoming third wave of the Covid-19 and dangerous consequences of the new Covid-19 variant is propelling the demand for travel safety kits. New variant of COVID-19 Omicron has high transmissibility as compare to delta variant; this is why Outbreak of Covid-19 has positively affected the growth of the travel safety kits market.
The travel safety kits market is segmented into type, distribution channel, and region. On the basis of type, the market is categorized into first aid kit, COVID-19 protection kit, and others. On the basis of distribution channel, it is segmented into hospitals, pharmacies, hypermarkets/supermarkets, convenience stores, online, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The major players operating in the Acme United Corporation, Adventure Ready Brands, Certified Safety Manufacturing, Inc., Cintas Corporation, DC Safety Sales Co., Inc., Green Guard First Aid & Safety, Levitt-Safety Limited, Lifeline First Aid, LLC, MedTree, and Steroplast Healthcare Limited.
First aid kit and COVID - 19 protection kit are major segments of the travel safety kits market. an increasing number of accidents, increasing cases of falls in home and office settings, and rise in awareness regarding the benefits of maintaining first aid kits are likely to bolster the demand for the first aid kits which in turn boost the growth of the travel safety kits market. Furthermore, Growing participation of the people in the sports and adventure activities are expected to spur the demand for travel safety kits as sports people and adventures are increasing demanding long lasting travel safety kits which comprises of face mask, sanitizers, and COVID-19 protection kits. Transport industry is significant contributor for the growth of the travel safety kits market as the transport industry remains one of the highest risk for injury. Furthermore, Government regulations and its strict implementations regarding the use of the face mask for public usages and PPE kits for healthcare personals are further supporting for the generating more demand for the travel safety kits.
Outbreak of COVID-19 has positively impacted the overall growth of the travel safety kits market. Probable risk of upcoming third wave of the Covid-19 and dangerous consequences of the new Covid-19 variant is propelling the demand for travel safety kits. New variant of COVID-19 Omicron has high transmissibility as compare to delta variant; this is why Outbreak of Covid-19 has positively affected the growth of the travel safety kits market.
The travel safety kits market is segmented into type, distribution channel, and region. On the basis of type, the market is categorized into first aid kit, COVID-19 protection kit, and others. On the basis of distribution channel, it is segmented into hospitals, pharmacies, hypermarkets/supermarkets, convenience stores, online, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The major players operating in the Acme United Corporation, Adventure Ready Brands, Certified Safety Manufacturing, Inc., Cintas Corporation, DC Safety Sales Co., Inc., Green Guard First Aid & Safety, Levitt-Safety Limited, Lifeline First Aid, LLC, MedTree, and Steroplast Healthcare Limited.
Key Benefits For Stakeholders
- The study provides an in-depth analysis of the global travel safety kits market with current trends and future estimations to elucidate the imminent investment pockets in the market.
- The report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2020 to 2030 is provided to showcase the financial competency of the market.
- Porter’s five forces model of the industry illustrates competitiveness of the market by analyzing various parameters such as threat of new entrants, threat of substitutes, bargaining power of the buyers, and bargaining power of the suppliers operating in the market.
- Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading market players across various regions.
Key Market Segments
By Type
- First Aid Kit
- Covid 19 Protection Kit
- Others
By Distribution Channel
- Hospitals
- Pharmacies
- Hypermarket And Supermarket
- Convenience Stores
- Online
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia-Pacific
- Rest of Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Asean
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Adventure Ready Brands
- Certified Safety Manufacturing Inc
- Cintas Corporation
- Acme United Corporation
- DC Safety Sales Co Inc
- Green Guard First Aid and Safety
- Levitt Safety Limited
- Lifeline First Aid LLC
- MedTree
- Steroplast Healthcare Limited
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: TRAVEL SAFETY KITS MARKET, BY TYPE
CHAPTER 5: TRAVEL SAFETY KITS MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 6: TRAVEL SAFETY KITS MARKET, BY REGION
CHAPTER 7: COMPANY LANDSCAPE
CHAPTER 8: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
Executive Summary
According to this report titled, 'Travel Safety Kits Market,' the travel safety kits market was valued at $4,118.00 million in 2020, and is estimated to reach $5.7 Billion by 2030, growing at a CAGR of 4.7% from 2021 to 2030.A travel safety kit is a preemptive measure, which is maintained to reduce the risk of infections and injuries. First-aid kits and COVID-19 protections kits are major products used while traveling due to the government guidelines and awareness regarding consequences of the Corona virus infections. Face mask and sanitizers are highly popular products included in the COVID-19 protection kits and in 2020, these products have gained highest share in the COVID-19 protection kits market. Governments have restricted people to travel without face mask and are imposing fines to people who are not following rules and regulations. Thus, market for face mask has tremendously increased, which, in turn, propels growth of the travel safety kits market.
Outbreak of COVID-19 has positively impacted the overall growth of the travel safety kits industry. Growth in travel activities for various purposes such as business, tourism, and work related to job and increased risk of the corona virus despite of taking vaccination has led to rise in demand for travel safety kits.
The travel safety kits market is segmented into type, distribution channel, and region. On the basis of type, the market is categorized into first aid kit, COVID-19 protection kit, and others. On the basis of distribution channel, it is segmented into hospitals, pharmacies, hypermarkets/supermarkets, convenience stores, online, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
On the basis of type, the first aid kit segment was the considerable contributor to the market, with $1,070.5 million in 2020, and is estimated to reach $2,850.5 million by 2030, at a CAGR of 11.5% during the travel safety kits market forecast period. First aids are used by every single person multiple times in their life. They are an essential part of traveling kits and are also used at home. The training and expertise required to use medical kits play a big role in using the kits. They are various first aid kits available in the commercial market, which are easy to use and cost-efficient to the end consumers. First aid kit has been gaining significant traction among people owing to the rising number of road accidents, increasing cases of falls in home and office settings, and growing awareness regarding first aid procedures across the globe.
According to travel safety kits market analysis, on the basis of distribution channel, the online segment was the significant contributor to the market, with $359.0 million in 2020, and is estimated to reach $1,405.7 million by 2030, at a CAGR of 15.3% during the forecast period. Increase in adoption of various online portals in developing regions and rise in number of offers or discounts provided by these sites attract consumers to travel safety kits through online channels. Moreover, online sales channels have increased consumer reach, owing to which it has evolved as a key source of revenue for many companies. Furthermore, the online sales market is expected to expand in the future, owing to rapid growth in online and mobile user customer bases in emerging markets. Thus, above factors are expected to propel the travel safety kits market growth through online segment.
Region wise, Asia-Pacific travel safety kits market is expected to witness significant growth at a CAGR of 6.1% during the forecast period. The Asia-Pacific travel safety kits market is estimated to register the CAGR of 6.2% during the forecast period, owing to rise in demand for face mask, face shields, PPE kits, and sanitizers and surge in consumer awareness toward health-related consumer goods. Moreover, adoption of western lifestyle and rise in disposable income are anticipated to drive growth of the market in the region. Furthermore, increasing number of accidents in the region, which favors he growth of the travel safety kits market thorough first aid kits segment.
The players operating in the travel safety kits industryhave adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Acme United Corporation, Adventure Ready Brands, Certified Safety Manufacturing, Inc., Cintas Corporation, DC Safety Sales Co., Inc., Green Guard First Aid & Safety, Levitt-Safety Limited, Lifeline First Aid, LLC, MedTree, and Steroplast Healthcare Limited.
Key findings of the Study
- The travel safety kits market size was valued at $4,118.0 million in 2020, and is estimated to reach $5,702.1 million by 2030, registering a CAGR of 4.7% from 2021 to 2030.
- By type, the first aid kit segment is estimated to witness the significant growth, registering a CAGR of 11.5% during the forecast period.
- In 2020, depending on distribution channel, the hypermarket/supermarket segment was valued at $537.0 million, accounting for 13.0% of the global travel safety kits market share.
- In 2020, the U.S. was the most prominent market in North America, and is projected to reach $1,445.1 million by 2030, growing at a CAGR of 3.1% during the forecast period.
Companies Mentioned
- Adventure Ready Brands
- Certified Safety Manufacturing Inc
- Cintas Corporation
- Acme United Corporation
- DC Safety Sales Co Inc
- Green Guard First Aid and Safety
- Levitt Safety Limited
- Lifeline First Aid LLC
- MedTree
- Steroplast Healthcare Limited
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 230 |
| Published | March 2022 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 3602.2 million |
| Forecasted Market Value ( USD | $ 5702.1 million |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
