Portable fire extinguisher market to grow by USD 1,458.52 million from 2022 to 2027; The Implementation of straight fire safety regulations to boost the market growth - Technavio

NEW YORK, Aug. 8, 2023 /PRNewswire/ -- The portable fire extinguisher market size is estimated to grow at a CAGR of 6.12% between 2022 and 2027. The market size is forecast to increase by USD 1,458.52 million, according to the latest research report from Technavio. Discover the portable fire extinguisher and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. View Sample Report!

The portable fire extinguisher market covers the following areas:

Portable Fire Extinguisher Market Sizing
Portable Fire Extinguisher Market Forecast
Portable Fire Extinguisher Market Analysis

Company Landscape

The portable fire extinguisher market is fragmented and the companies are deploying organic and inorganic growth strategies to compete in the market.

• Britannia Fire Ltd.: The company offers portable fire extinguishers such as BM9, BS9, and BS12.
• Buckeye Fire Equipment Company: The company offers portable fire extinguishers such as dry chemical extinguishers, offshore portable extinguishers, and wheeled extinguishers.
• Carrier Global Corp.: The company offers portable fire extinguishers such as Badger Advantage 10, Badger Advantage 20, and Badger Advantage 5.

For the market's company landscape highlights with a comprehensive list of companies and their offerings - View Sample in minutes

portable fire extinguisher market - Key Market Segmentation

This portable fire extinguisher market report extensively covers market segmentation by distribution channel (offline and online), end-user (residential, commercial, and industrial), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

• The market share growth by the offline segment will be significant during the forecast period. In this segment, purchasing products from hypermarkets and convenience stores is convenient, the important reference and variety of brands. Walmart Inc. (Walmart) is the largest supermarket in the US offering portable fire extinguishers. Popular department stores that sell portable fire extinguishers include Macy's and Sears brands. To drive sales through offline channels, suppliers direct their sales through local retailers. Therefore, the presence of various retail formats in offline distribution will drive the segment during the forecast period.
• North America is estimated to contribute 32% to the growth of the global market during the forecast period. Industries in the region focus on improving product quality, safety, and productivity. Therefore, they use effective fire safety equipment such as portable fire extinguishers. In addition, most manufacturers focus on continuously training their workers in fire safety to improve process efficiency and ensure maximum safety during production operations. Such initiatives also help workers to protect themselves in the event of a fire. Furthermore, the number of new constructions in both developed and developing countries in the region is increasing. Thus, these factors will drive the growth of the market during the forecast period.

View Sample Report in minutes of this report for more highlights into the market segments.

Companies Mentioned

• Activar Inc.
• Anaf Fire Protection SpA
• Bavaria Fire Fighting Solutions
• Britannia Fire Ltd.
• Buckeye Fire Equipment Company
• Carrier Global Corp.
• Ceasefire Industries Pvt. Ltd.
• Dragerwerk AG and Co. KGaA
• Feuerschutz Jockel GmbH and Co. KG
• Gunnebo AB
• H3R Aviation Inc.
• Hatsuta Seisakusho Co Ltd.
• Johnson Controls International Plc
• McWane Inc.
• Morita Holdings Corp.
• Resideo Technologies Inc.
• Robert Bosch GmbH
• Rusoh Inc
• Safelincs Ltd.
• Yamato Protec Corp.

What's New? 

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report! 

portable fire extinguisher market - Market Dynamics

Key Driver - 

• Implementation of stringent fire safety regulations is the key factor driving the growth of the portable fire extinguisher market. 
• The increasing number of fires in the commercial and industrial sectors in the North American region has led many safety authorities of the countries in this region to introduce strict regulations and practices to ensure the reduction of fires and minimize fire damage.
• The practices include occupancy limits, electrical regulations, as well as proper placement and maintenance of fire extinguishers and fire alarms. Such measures have led to an increase in demand for portable fire extinguishers over the past two years in North America. 
• Therefore, with regulations getting more restrictive, the demand for fire extinguishers will grow during the forecast period.

Leading Trend - 

• The rising number of mergers and acquisitions (M&A) is the primary trend in the portable fire extinguisher market growth. 
• Strategic mergers and acquisitions9 M&A) and partnerships between suppliers help them to develop more efficient products and improve their profit margins. Investments are made in the form of capital outflows to develop new product offerings or in the form of acquisitions of other service providers.
• For example, in April 2022, Resideo Technologies announced that it had completed the acquisition of First Alert, Inc., a leading supplier of home security products, from Newell Brands Inc.
• Such an acquisition will help the suppliers to gain a competitive advantage over other suppliers and thus fuel the growth of the market during the forecast period. 

Significant Challenge - 

• Fluctuating raw material prices is a major challenge impeding the growth of the portable fire extinguisher market. 
• Aluminum and steel are the main raw materials needed to manufacture portable fire extinguishers. Prices of raw materials used to manufacture fire extinguishers have fluctuated over the last few years.
• Increased taxes and duties, the introduction of additional duties, and the outages of production in metal ore-producing countries have affected steel and aluminum prices.
• Hence, volatility in raw material prices creates a challenge for portable fire extinguisher manufacturers and will impede the growth of the market during the forecast period. 

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Table Of Contents 

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Company Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of companies included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global portable fire extinguisher market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global portable fire extinguisher market 2017 - 2021 ($ million)

• 4.2 Distribution Channel Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel 
• Exhibit 42: Market opportunity by Distribution Channel ($ million)
• Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 46: Chart on Comparison by End-user
• Exhibit 47: Data Table on Comparison by End-user

• 7.3 Residential - Market size and forecast 2022-2027 
• Exhibit 48: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 7.4 Commercial - Market size and forecast 2022-2027 
• Exhibit 52: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 7.5 Industrial - Market size and forecast 2022-2027 
• Exhibit 56: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on Industrial - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on Industrial - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 60: Market opportunity by End-user ($ million)
• Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 63: Chart on Market share by geography 2022-2027 (%)
• Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 65: Chart on Geographic comparison
• Exhibit 66: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027 
• Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 India - Market size and forecast 2022-2027 
• Exhibit 103: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 107: Market opportunity by geography ($ million)
• Exhibit 108: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Company Landscape

• 11.1 Overview

• 11.2 Company landscape
• Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 112: Impact of key risks on business

12 Company Analysis

• 12.1 Companies covered 
• Exhibit 113: Companies covered

• 12.2 Market positioning of Companies 
• Exhibit 114: Matrix on Company position and classification

• 12.3 Activar Inc.
• Exhibit 115: Activar Inc. - Overview
• Exhibit 116: Activar Inc. - Product / Service
• Exhibit 117: Activar Inc. - Key offerings

• 12.4 Britannia Fire Ltd.
• Exhibit 118: Britannia Fire Ltd. - Overview
• Exhibit 119: Britannia Fire Ltd. - Product / Service
• Exhibit 120: Britannia Fire Ltd. - Key offerings

• 12.5 Buckeye Fire Equipment Company 
• Exhibit 121: Buckeye Fire Equipment Company - Overview
• Exhibit 122: Buckeye Fire Equipment Company - Product / Service
• Exhibit 123: Buckeye Fire Equipment Company - Key offerings

• 12.6 Carrier Global Corp.
• Exhibit 124: Carrier Global Corp. - Overview
• Exhibit 125: Carrier Global Corp. - Business segments
• Exhibit 126: Carrier Global Corp. - Key news
• Exhibit 127: Carrier Global Corp. - Key offerings
• Exhibit 128: Carrier Global Corp. - Segment focus

• 12.7 Ceasefire Industries Pvt. Ltd. 
• Exhibit 129: Ceasefire Industries Pvt. Ltd. - Overview
• Exhibit 130: Ceasefire Industries Pvt. Ltd. - Product / Service
• Exhibit 131: Ceasefire Industries Pvt. Ltd. - Key offerings

• 12.8 Dragerwerk AG and Co. KGaA 
• Exhibit 132: Dragerwerk AG and Co. KGaA - Overview
• Exhibit 133: Dragerwerk AG and Co. KGaA - Business segments
• Exhibit 134: Dragerwerk AG and Co. KGaA - Key offerings
• Exhibit 135: Dragerwerk AG and Co. KGaA - Segment focus

• 12.9 Gunnebo AB
• Exhibit 136: Gunnebo AB - Overview
• Exhibit 137: Gunnebo AB - Product / Service
• Exhibit 138: Gunnebo AB - Key offerings

• 12.10 H3R Aviation Inc.
• Exhibit 139: H3R Aviation Inc. - Overview
• Exhibit 140: H3R Aviation Inc. - Product / Service
• Exhibit 141: H3R Aviation Inc. - Key offerings

• 12.11 Hatsuta Seisakusho Co Ltd. 
• Exhibit 142: Hatsuta Seisakusho Co Ltd. - Overview
• Exhibit 143: Hatsuta Seisakusho Co Ltd. - Product / Service
• Exhibit 144: Hatsuta Seisakusho Co Ltd. - Key offerings

• 12.12 Johnson Controls International Plc 
• Exhibit 145: Johnson Controls International Plc - Overview
• Exhibit 146: Johnson Controls International Plc - Business segments
• Exhibit 147: Johnson Controls International Plc - Key news
• Exhibit 148: Johnson Controls International Plc - Key offerings
• Exhibit 149: Johnson Controls International Plc - Segment focus

• 12.13 McWane Inc.
• Exhibit 150: McWane Inc. - Overview
• Exhibit 151: McWane Inc. - Product / Service
• Exhibit 152: McWane Inc. - Key offerings

• 12.14 Resideo Technologies Inc. 
• Exhibit 153: Resideo Technologies Inc. - Overview
• Exhibit 154: Resideo Technologies Inc. - Business segments
• Exhibit 155: Resideo Technologies Inc. - Key offerings
• Exhibit 156: Resideo Technologies Inc. - Segment focus

• 12.15 Robert Bosch GmbH
• Exhibit 157: Robert Bosch GmbH - Overview
• Exhibit 158: Robert Bosch GmbH - Business segments
• Exhibit 159: Robert Bosch GmbH - Key news
• Exhibit 160: Robert Bosch GmbH - Key offerings
• Exhibit 161: Robert Bosch GmbH - Segment focus

• 12.16 Rusoh Inc
• Exhibit 162: Rusoh Inc - Overview
• Exhibit 163: Rusoh Inc - Product / Service
• Exhibit 164: Rusoh Inc - Key offerings

• 12.17 Yamato Protec Corp.
• Exhibit 165: Yamato Protec Corp. - Overview
• Exhibit 166: Yamato Protec Corp. - Product / Service
• Exhibit 167: Yamato Protec Corp. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 168: Inclusions checklist
• Exhibit 169: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 170: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 171: Research methodology
• Exhibit 172: Validation techniques employed for market sizing
• Exhibit 173: Information sources

• 13.5 List of abbreviations 
• Exhibit 174: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: [email protected]
Website: www.technavio.com

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