Travel safety kit market to reach $5.7 billion globally by 2030 at a CAGR of 4.7%: Allied Market Research


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PORTLAND, Oregon., April 20, 2022 /PRNewswire/ — Allied Market Research released a report titled “travel safety kit market by type (first aid kit, Covid-19 protection kit, others), by distribution channel (hospitals, pharmacies, hypermarket and supermarket, convenience stores, online, others): analysis of global opportunities and industry forecasts, 2020-2030”. According to the report, the global travel safety kit industry generated $4.1 billion in 2020, and should generate $5.7 billion by 2030, with a CAGR of 4.7% from 2021 to 2030.

Main determinants of growth

Rising travel business across the globe and rise in travel safety kits is driving the growth of the global travel safety kits market.

Covid-19 scenario

  • The outbreak of the COVID-19 pandemic has had a positive impact on the growth of the global travel safety kits market, owing to the increase in demand for travel safety kits.
  • This trend will continue until the full end of the pandemic.

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the The Covid-19 protection kits segment will maintain its leading status throughout the forecast period

Based on type, the Covid-19 protective kit segment held the highest market share in 2020, accounting for more than three-fifths of the global travel safety kit market, and is expected to maintain its leading status throughout. throughout the forecast period. This is due to the increased demand for COVID-19 protective kits among healthcare workers such as first responders, doctors and nurses. Additionally, the first aid kit segment is expected to show the highest CAGR of 11.5% from 2021 to 2030. An increase in travel and tourism, an increase in traffic and residential accident cases, including fire accidents, and an increase in the importance of carrying safety kits are expected. to propel the growth of the Travel Safety Kits market over the forecast period.

Hospitals segment to maintain its leading position during the forecast period

Based on the distribution channel, the hospital segment accounted for the largest share in 2020, contributing almost a third of the global travel safety kit market, and is expected to maintain its leading position during the period of forecast. Indeed, the distribution of travel safety kits is a kind of direct distribution, where one company makes a commercial transaction with another. However, the online segment is expected to show the largest CAGR of 15.3% from 2021 to 2030. The easy accessibility offered by online platforms is boosting their adoption in the market, thus becoming a popular way to purchase face mask .

North America maintain dominance by 2030

Based on the region, North America held the highest market share by 2020 revenue, accounting for more than a third of the global travel safety kit market. Rising population and improving lifestyle are the key factors driving the growth of the travel safety kit market. Moreover, the Asia Pacific The region is expected to witness the fastest CAGR of 6.1% during the forecast period, owing to increased consumer awareness of airborne infections such as COVID-19, influenza, chicken pox, mumps, measles and tuberculosis.

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Main market players

  • Adventure Ready Brands
  • Certified Safety Manufacturing Inc
  • Cintas Company
  • Acme United Corporation
  • DC Safety Sales Co Inc.
  • Green Guard First Aid and Security
  • Levitt Security Limited
  • Lifeline First Aid LLC
  • MedTree
  • Steroplast Healthcare Limited

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Allied Market Research (AMR) is a full-service market research and business advisory division of Allied Analytics LLP based in Portland, OR. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas. AMR offers its services in 11 industry sectors, including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverage, Energy & Power, semiconductors and electronics, automotive and transport, ICT and media, aerospace and defense and BFSI.

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