Fire Extinguisher Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Description

The global fire extinguisher market size reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.2 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.

A fire extinguisher is a portable safety device, which is widely utilized for extinguishing small fires during emergencies and minimizing the potential destruction before the arrival of firefighters. It comprises a cylinder that has an extinguishing agent, a nozzle, a handle and a pressure gauge. It primarily works by expelling the extinguishing agent at a high pressure, which assists in cooling the burning material, depriving the flame of oxygen and interfering with the flame's chemical reaction.

Governments in numerous countries are introducing stringent safety norms to prevent any unexpected incident on account of fire outbreaks. This has encouraged the installation of extinguishers, especially in houses, restaurants, hotels, schools, hospitals, offices and factories. The demand for fire extinguishers is further supported by rising industrialization levels, coupled with the construction of commercial spaces, particularly in developing regions. Moreover, the market is influenced by insurance agencies, which make it mandatory to install a fire extinguisher in insured buildings. Apart from this, the leading players in the industry are introducing eco-friendly, gas- or powder-based fire extinguishers that do not release toxic gases. They are also expanding their product portfolio by including compact, lightweight and cost-efficient fire extinguishers. Various companies are also investing in merger and acquisitions (M&A) to expand their consumer-base and broaden their market operations around the world.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global fire extinguisher market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product, extinguishing agent, fire and application.

Breakup by Product:

Portable
Knapsack
Wheeled
At present, portable fire extinguishers represent the most preferred product type worldwide.

Breakup by Extinguishing Agent:

Dry Chemical
Foam
Carbon Dioxide
Dry Powder
Others
Amongst these, dry chemical accounts for the majority of the total market share.

Breakup by Fire:

Class A
Class B
Class C
Class D
Class K
Class A fires, which involve solid combustible materials like coal, wood, paper, textiles and plastics, currently exhibit a clear dominance in the market.

Breakup by Application:

Industrial
Commercial
Households
Public Areas
Others
The industrial sector is the leading application segment and accounts for the largest market share.

Regional Insights:

Europe
Asia Pacific
North America
Middle East and Africa
Latin America
On the geographical front, North America represents the largest market around the world.

Competitive Landscape:

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the key players operating in the industry. Some of these players are Amerex Corporation, United Technologies Corporation, Tyco Fire Products LP, Minimax GmbH & Company KG, Britannia Fire Ltd., First Alert Inc., JL Industries, Inc., Ceasefire Industries Pvt. Ltd., Feuerschutz Jockel GmbH & Co. KG and Desautel.

Key Questions Answered in This Report:

1. What was the size of the global fire extinguisher market in 2022?
2. What is the expected growth rate of the global fire extinguisher market during 2023-2028?
3. What are the key factors driving the global fire extinguisher market?
4. What has been the impact of COVID-19 on the global fire extinguisher market?
5. What is the breakup of the global fire extinguisher market based on the product?
6. What is the breakup of the global fire extinguisher market based on the extinguishing agent?
7. What is the breakup of the global fire extinguisher market based on the fire?
8. What is the breakup of the global fire extinguisher market based on the application?
9. What are the key regions in the global fire extinguisher market?
10. Who are the key players/companies in the global fire extinguisher market?

Product Code: SR1323A307_Report

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Fire Extinguisher Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product
5.5 Market Breakup by Extinguishing Agent
5.6 Market Breakup by Fire
5.7 Market Breakup by Application
5.8 Market Breakup by Region
5.9 Market Forecast
5.10 SWOT Analysis
- 5.10.1 Overview
- 5.10.2 Strengths
- 5.10.3 Weaknesses
- 5.10.4 Opportunities
- 5.10.5 Threats
5.11 Value Chain Analysis
- 5.11.1 Overview
- 5.11.2 Research and Development
- 5.11.3 Raw Material Procurement
- 5.11.4 Manufacturing
- 5.11.5 Marketing
- 5.11.6 Distribution
- 5.11.7 End-Use
5.12 Porters Five Forces Analysis
- 5.12.1 Overview
- 5.12.2 Bargaining Power of Buyers
- 5.12.3 Bargaining Power of Suppliers
- 5.12.4 Degree of Competition
- 5.12.5 Threat of New Entrants
- 5.12.6 Threat of Substitutes

6 Market Breakup by Product

6.1 Portable
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Knapsack
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
6.3 Wheeled
- 6.3.1 Market Trends
- 6.3.2 Market Forecast

7 Market Breakup by Extinguishing Agent

7.1 Dry Chemical
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 Foam
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
7.3 Carbon Dioxide
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
7.4 Dry Powder
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast

8 Market Breakup by Fire

8.1 Class A
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
8.2 Class B
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
8.3 Class C
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
8.4 Class D
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
8.5 Class K
- 8.5.1 Market Trends
- 8.5.2 Market Forecast

9 Market Breakup by Application

9.1 Industrial
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
9.2 Commercial
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
9.3 Households
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
9.4 Public Areas
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
9.5 Others
- 9.5.1 Market Trends
- 9.5.2 Market Forecast

10 Market Breakup by Region

10.1 Europe
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
10.2 Asia Pacific
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
10.3 North America
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast

11 Imports and Exports

11.1 Imports by Major Countries
11.2 Exports by Major Countries

12 Fire Extinguisher Manufacturing Process

12.1 Product Overview
12.2 Raw Material Requirements
12.3 Manufacturing Process
12.4 Key Success and Risk Factors

13 Competitive Landscape

13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
- 13.3.1 Amerex Corporation
- 13.3.2 United Technologies Corporation
- 13.3.3 Tyco Fire Products LP
- 13.3.4 Minimax GmbH & Company KG
- 13.3.5 Britannia Fire Ltd.
- 13.3.6 First Alert Inc.
- 13.3.7 JL Industries, Inc.
- 13.3.8 Ceasefire Industries Pvt. Ltd.
- 13.3.9 Feuerschutz Jockel GmbH & Co. KG
- 13.3.10 Desautel

List of Figure

Figure 1: Global: Fire Extinguisher Market: Major Drivers and Challenges
Figure 2: Global: Fire Extinguisher Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Fire Extinguisher Market: Breakup by Product (in %), 2022
Figure 4: Global: Fire Extinguisher Market: Breakup by Extinguishing Agent (in %), 2022
Figure 5: Global: Fire Extinguisher Market: Breakup by Fire (in %), 2022
Figure 6: Global: Fire Extinguisher Market: Breakup by Application (in %), 2022
Figure 7: Global: Fire Extinguisher Market: Breakup by Region (in %), 2022
Figure 8: Global: Fire Extinguisher Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Fire Extinguisher Industry: SWOT Analysis
Figure 10: Global: Fire Extinguisher Industry: Value Chain Analysis
Figure 11: Global: Fire Extinguisher Industry: Porter's Five Forces Analysis
Figure 12: Global: Fire Extinguisher (Portable) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Fire Extinguisher (Portable) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Fire Extinguisher (Knapsack) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Fire Extinguisher (Knapsack) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Fire Extinguisher (Wheeled) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Fire Extinguisher (Wheeled) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Fire Extinguisher (Dry Chemical Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Fire Extinguisher (Dry Chemical Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Fire Extinguisher (Foam Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Fire Extinguisher (Foam Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Fire Extinguisher (Carbon Dioxide Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Fire Extinguisher (Carbon Dioxide Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Fire Extinguisher (Dry Powder Based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Fire Extinguisher (Dry Powder Based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Fire Extinguisher (Other Extinguishing Agents) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Fire Extinguisher (Other Extinguishing Agents) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Fire Extinguisher (For Class A Fire) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Fire Extinguisher (For Class A Fire) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Fire Extinguisher (For Class B Fire) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Fire Extinguisher (For Class B Fire) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Fire Extinguisher (For Class C Fire) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Fire Extinguisher (For Class C Fire) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Fire Extinguisher (For Class D Fire) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Fire Extinguisher (For Class D Fire) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Fire Extinguisher (For Class K Fire) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Fire Extinguisher (For Class K Fire) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Fire Extinguisher Market (Industrial Applications): Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Fire Extinguisher Market Forecast (Industrial Applications): Sales Value (in Million US$), 2023-2028
Figure 40: Global: Fire Extinguisher Market (Commercial Applications): Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Fire Extinguisher Market Forecast (Commercial Applications): Sales Value (in Million US$), 2023-2028
Figure 42: Global: Fire Extinguisher Market (Household Applications): Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Fire Extinguisher Market Forecast (Household Applications): Sales Value (in Million US$), 2023-2028
Figure 44: Global: Fire Extinguisher Market (Application in Public Areas): Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Fire Extinguisher Market Forecast (Application in Public Areas): Sales Value (in Million US$), 2023-2028
Figure 46: Global: Fire Extinguisher Market (Other Applications): Sales Value (in Million US$), 2017 & 2022
Figure 47: Global: Fire Extinguisher Market Forecast (Other Applications): Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Fire Extinguisher Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Fire Extinguisher Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia Pacific: Fire Extinguisher Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia Pacific: Fire Extinguisher Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: North America: Fire Extinguisher Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: North America: Fire Extinguisher Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Middle East and Africa: Fire Extinguisher Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Middle East and Africa: Fire Extinguisher Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Latin America: Fire Extinguisher Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Latin America: Fire Extinguisher Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Global: Fire Extinguisher: Import Breakup by Country (in %), 2021
Figure 59: Global: Fire Extinguisher: Export Breakup by Country (in %), 2021
Figure 60: Fire Extinguisher Manufacturing: Process Flow

List of Table

Table 1: Global: Fire Extinguisher Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Fire Extinguisher Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Fire Extinguisher Market Forecast: Breakup by Extinguishing Agent (in Million US$), 2023-2028
Table 4: Global: Fire Extinguisher Market Forecast: Breakup by Fire (in Million US$), 2023-2028
Table 5: Global: Fire Extinguisher Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Fire Extinguisher Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Fire Extinguisher: Import Data by Country, 2021
Table 8: Global: Fire Extinguisher: Export Data by Country, 2021
Table 9: Fire Extinguisher Manufacturing: Raw Material Requirements
Table 10: Global: Fire Extinguisher Market: Competitive Structure
Table 11: Global: Fire Extinguisher Market: Key Players