First Aid Kit Market

First Aid Kit Market Outlook (2022 to 3032)

The Global First Aid Kit Market reached a valuation of US$ 186.3 million in 2021 and is forecasted to expand at a CAGR of 5.1% to reach US$ 319.9 million by the end of 2032. According to this new study by Persistence Market Research, sports first aid kits are leading the market with a share of 32.2%.

First aid can be defined as the care of an injury or unexpected illness prior to the commencement of regular medical services. A first aid bag should always be accessible in case of emergency, well prepared for first aid, and well planned.

First aid kits are used at home to treat minor wounds and injuries such as scratches, stains, punctures, burns, splinters, abrasions (scratches), and sprains. Contents of the first aid kit include bandages, analgesics, gauze, and low-grade disinfectants. The training and expertise required to use medical kits play an important role in emergency cases.

• Every home should have a first aid kit for minor and serious medical crises, as needed, according to the American College of Emergency Physicians (ACEP) recommendations. Patients need to take the medications in the kit according to the guidelines on the label or as advised by the doctor.

Sales of first aid kits accounted for 1.1% share of the global wound care market in 2021.

Sales Analysis of First Aid Kits (2017 to 2021) Vs. Market Estimations (2022 to 2032)

Demand for first aid kits increased at a CAGR of 3.2% from 2017 to 2021, mainly due to an increase in road accidents and burn cases around the globe.

Increasing incidence of falls at homes and in offices has led to a growing need for first aid kits. A person injured from a fall needs immediate medical care, otherwise, it can lead to blood clots and various other complications.

• For example, according to data published by WHO, falls are the second-leading cause of accidental and unintentional death worldwide. In addition, 37.3 million falls requiring medical attention are reported each year.

Increasing prevalence of burns worldwide is also expected to drive market growth during the forecast period.

• According to WHO, 96% of burns occur in low- and middle-income countries. It also reported that more than 1,000,000 people are moderately or severely burned each year in India.

First- and second-degree burns require immediate medical attention, otherwise they can cause further infection.

Furthermore, various initiatives by public and private organizations are also expected to drive the growth of the market.

• For example, the 9th of September is celebrated as world first aid day. This is an annual campaign to raise awareness of first aid kits and training.

There are a growing number of road accidents and a high number of snake bites in some regions.

• For example, WHO reported that more than 5.4 million people are affected by snakebites and up to 2.7 million people from poison each year.

As per this analysis, the market for first aid kits is expected to evolve at a CAGR of 5.1% during the forecast period (2022 to 2032).

How is the Market for First Aid Kits Evolving?

The increasing trend toward pre-packaged kits, coupled with changing consumer tastes, has attracted many with the introduction of colored packages or compartments and new product variations in different colors. With the growing e-Commerce industry, the distribution and accessibility of these products have also improved, contributing significantly to market growth. Various technology upgrades and rapid digitization of the industry have led to the emergence of smart first aid kits that allow untrained individuals to provide first aid.

Along with increasing automation, awareness and competence in the use of machines and tools in industries and other sectors where workers are at high risk of being injured or getting hurt while working are increasing. This minimizes the risk of accidents and injuries at workplaces.

Country-wise Insights

Will the United Kingdom be a Lucrative Market for First Aid Kit Manufacturers?

The United Kingdom accounted for 20.9% share of the European market in 2021 and is projected to exhibit a CAGR of 4.9% during the forecast period.

The market size of first aid kits is expected to increase significantly due to strict government regulations and occupational health and safety rules.

• According to the Health and Safety Executive (HSE) U.K., workplaces should have an appropriate number of fully stocked first aid kits suitable for the number of employees and people trained to carry out first aid procedures.

What Makes the United States a Large Market for First Aid Kits?

The United States dominates the North American market with a share of about 88% in 2021 and is expected to continue to experience steady growth throughout the forecast period.

Increase in burns and fire cases in households is the major driver for the market for first aid kits in the country.

• According to the United States Fire Administration, the main causes of fires in residential buildings are accidental or negligent, cooking, heating, electrical malfunctions, smoking, and others.

Growing demand for the product for travel use will further fuel the growth of the first aid kit market during the forecast period.

What is the Outlook of India in the First Aid Kit Market?

The market in India is set to exhibit a CAGR of 4.3% between 2022 and 2032.

In India, increasing snakebite cases is a major driver for the market as there are special snakebite kits available in the country.

• For example, according to WHO, each year, there are 81,000 to 138,000 deaths from snakebites in India. Poisoned snakebites bring about 400,000 amputations and different everlasting disabilities. Many snakebites still go unreported due to a lack of awareness.

Category-wise Insights

Demand for Which Type of First Aid Kit is Increasing Rapidly?

Sports first aid kits are expected to exhibit steady growth at a CAGR of 5.4% through 2032 after holding a market share of 32.2% in 2021. High risk of injury, muscle cramps, or minor accidents during intense exercise, sports, and fitness activities are fuelling the growth of the segment.

Several big companies are working on the design and development of sports first aid kits for athletes and sports teams.

• For example, Acme United Corporation and Lifeline offer first aid kits designed specifically for specific sports. Players need to perform in different environments, so unexpected injuries require a first aid kit with the right tools.

What Application of First Aid Kits is Driving Noteworthy Market Growth?

Households accounted for a market revenue share of 53.5% in 2021 and are expected to display noteworthy growth over the forecast period at a CAGR of 5.3%.

Falling is one of the most common household accidents, mainly experienced by younger and elderly people, and can cause extreme damage to the bones, or even death. Burn cases are more common in houses, which increases the market share of this segment.

Competitive Landscape

The market is fragmented due to the presence of several producers of first aid kits. Key businesses are involved in tactics such as new product releases, partnerships, mergers, and acquisitions to increase their position in the global market.

• In April 2019, Method, the co-Creator of Olly, introduced its first aid brand by Target.
• In 2018, Medline Industries developed a line of germ protection products to prevent infections. This product line includes 2-layer gloves, antimicrobial ointments, advanced breathable adhesive bandages, CHG antiseptic, and a pre-surgical cleaning kit.

Similarly, the team at Persistence Market Research has tracked recent developments related to companies manufacturing first aid kits, which are available in the full report.

First Aid Kit Industry Report Scope

Key Market Segments of First Aid Kit Industry Research

By Product:

• Compliance First Aid Kits
• Workplace First Aid Kits
• Vehicle First Aid Kits
• Sports First Aid Kits
• Other First Aid Kits

By Application:

• Household
• Commercial

By End User:

• Healthcare Centers
• Transportation
• Industrial and Manufacturing Facilities
• Homes and Offices
• Military
• Sports Academies
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

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