The United States survival tools market is expected to grow during the forecast period, fueled by increased participation in outdoor recreational activities. From 2023 to 2033, the U.S. market is projected to account for 79.4% of the global market.
Americans are prioritizing investments in dependable survival gear to ensure safety during outdoor excursions, especially at beaches, lakes, rivers, and mountains. The rising popularity of group trekking, mountain climbing, and river rafting is also contributing to the growing demand for survival equipment.
The survival tools market is poised for significant expansion, with projections indicating a robust compound annual growth rate (CAGR) of 7.8% from 2023 to 2033. The market is expected to reach a valuation of USD 2,558.1 million by the end of the forecast period, up from USD 1,207.8 million in 2023.
This growth is primarily fueled by an increasing emphasis on safety in outdoor recreational activities, coupled with a rise in accidents and unintentional injuries globally. As people engage more in activities such as hiking, camping, and other outdoor pursuits, the demand for reliable survival tools has surged.
Key Drivers of Market Growth
- Increased Outdoor Participation: Post-pandemic, there has been a notable rise in participation in outdoor activities among millennials and Gen Z. Consumers are seeking multipurpose survival kits that cater to their recreational needs, ensuring they are well-prepared for emergencies.
- Growing Natural Disaster Frequency: The global increase in natural disasters—including earthquakes, floods, and cyclones—has heightened awareness of the necessity for effective survival equipment. Governments are investing in disaster preparedness, enhancing the availability of survival kits in vulnerable areas.
- Safety Regulations in Industry: Industries are adopting stricter safety measures to protect workers, driving the demand for survival tools across sectors such as construction, energy, and mining.
Regional Insights
- United States: Dominates the market with 79.4% share, driven by increased outdoor activities and safety awareness.
- China: Holds 42.6% market share, fueled by a focus on workplace safety in high-risk industries.
- Germany: Accounts for 20.4% of the market, benefiting from tourism and survival gear use in hospitality.
- India: Represents 35.5% share, driven by rising safety awareness and government disaster preparedness efforts.
- Australia: Captures 53.2% market share, supported by a strong outdoor culture and demand for emergency preparedness.
Key Players
- Tender Corporation
- Fiskars Group
- Coleman Company
- Survival Light Products INC
- Full Windsor Company
- SOG Specialty Knives and Tools, Inc.
- Wild and Wolf, Inc.
- Ultimate Survival Technologies
- Johnson and Johnson International, Inc.
- Honeywell International, Inc.
- Leatherman Tool Group, Inc.
- Frasers Group
- L.L. Bean Inc.
- Unchartered Supply Company
- Sharpal Inc.
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Key Segments
By Product:
- Shovels
- Ropes
- Compasses
- Pocket Tools
- Hatchets
- First Aid Kits
By Material:
- Stainless Steel
- Aluminum
- Wood
- Plastic
By Application:
- Hiking Activities
- Hunting and Fishing
- Camping Activities
- Other Wilderness Activities
By Sales Channel:
- Supermarkets/ Hypermarkets
- Multi-brand Stores
- Online Retailers
- Direct Sales
- Specialty Stores
By Region:
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific excluding China & Japan
- Japan
- China
- The Middle East & Africa
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