First Aid Kits 2018 Trends, Market Share, Industry Size, Growth, Opportunities and Forecast to 2025
The Global First Aid Kit Market
size was valued at xx million in 2018 and estimated to address xx million by
2025. The average price of first aid kits has been steadily rising at an
estimated annualized rate of xx% in 2018. The global first aid kit market is
expected to grow at a CAGR of roughly xx% during the forecast period.
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A first aid kit is a collection
of supplies and equipment used to give medical treatment to cure pain. First
aid is a major assistance given to a person suffering sudden injuries and
illness. It mainly includes initial intervention in a serious condition prior
to professional medical help being available in cases such as awaiting for an
ambulance, treating minor injuries or applying a plaster.
The first aid kit industry is
supremely manufacturing the required items in the market, treating injuries
caused during an incident and still, there is a lack of understanding
surrounding its usage. Thus, making it more improved and friendly, the existing
vendor in the first aid kit industry needs to provide training to workers and
students, directing them with proper usage of the first aid kit.
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The first aid kit market consists of a large number of
providers. Due to the competitive market, the providers are aiming to provide
maximum supplies implementing varieties of strategies in the business by
offering a minimum dimension of the kit, fancy, sophisticated and convenient
packaging has been seen in the market. Also, the vendors are providing specific
first aid kits as sports, recreation, and emergency preparedness. The
innovation in designing the kits is also taken up by the vendors.
Previously in 2016, the
commercial end-user segment accounted the maximum first aid kit market share.
The increasing construction of commercial buildings in countries in the APAC
and Africa will aid in the growth of the market in the coming years.
Significant uses of first aid
kit:
Gives immediate aid before medical treatment
First aid kid does not intend to
cure injuries, or stable the medical condition. Rather, it is mainly applied as
a basic treatment before any medical help arrives. Getting a first aid is the
very first step to being prepared for a medical emergency.
Reduce infections
Getting first aid keeps the
chances away from infections. However, giving first treatment from open wounds
to injuries can reduce the severity. Applying first aid can reduce the risk of
infections, and keep you away from any liquid substance and insects.
Better when kids are around
Kids generally get hurt and a
first aid kit can come handy.
Cost saving
If the injury is as minimal as a
small cut or a burn, then the first aid kit will save lot of your money rather
than going to a clinic.
Geographic analysis reports that
the North America segment was one of a major revenue generator in 2016. The
introduction of stringent worker safety regulations by various regulatory
bodies such as OSHA and the rise in demand for medical kits from individual
consumers for household applications and travel will fuel the growth of the
first aid kit market in this region in the next four years.
Prominent vendors in the first
aid kit market are Acme, Canadian Safety Supplies, Certified Safety
Manufacturing, DC Safety, Cramer products, Dynamic Safety USA, Green Guard,
Lifeline, Levitt-Safety, MedTree, Nothern Safety, Ready America, Steroplast
Healthcare, Tender Coporation, Sterimed, HARTMANN, Lifeline, AdvaCare.
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