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Historical Year
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The global fire extinguisher market size reached a value of about USD 5.01 billion in 2023. The market is further expected to grow at a CAGR of about 5.7% in the forecast period of 2024-2032 to reach a value of around USD 8.23 billion by 2032.
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Europe is the leading region for the industry, accounting for the majority of the share of the fire extinguisher market. Leading manufacturers are concentrating on introducing environmentally friendly extinguishers based on gas or powder fire that do not emit toxic gas or residues. They also produce a broader range of products, including small, lightweight, and cost-effective fire extinguishers. In addition, many businesses are concentrating on M&A to increase their customer base and broaden their business operations globally. For example, Kidde, a leading key player of fire detection as well as suppression equipment, has successfully acquired the production operations of the British specialty chemical company, Croda International, both in Liverpool and Lyon.
A fire extinguisher refers to a portable protective system that is commonly used for the reduction and minimisation of the possible pre-arrival damage of firefighters. It consists of a cylinder with a lifting agent, a screw, a handle as well as a pressure indicator. It works mainly through the expulsion of a high-pressure extinguishing agent, which helps to cool off the combustion content, to reduce the oxygen inflammation and to prevent the chemical reaction of the flame.
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Based on the product, the market can be divided into the following:
On the basis of the extinguishing agent, the industry can be segmented into:
Based on fire, the market can be categorised as follows:
It finds wide applications in the following sectors:
The regional markets for fire extinguisher include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Governments in many countries are adopting high safety requirements to avoid accidents caused by fire outbreaks that are unforeseen. In particular, in homes, restaurants, hotels, schools, hospitals, bureaus, and factories, fire extinguishing devices are being promoted. Industrialisation rates, together with the growth of trade areas, especially in developing countries, further reinforce the demand for extinguishers. In addition, insurance agencies have an influence on the market, which involves the installation of a fire extinguisher in insured buildings. In addition, eco-friendly, powder-based, or gas fire-extinguishers are being developed by industry leaders, which do not emit toxic gasses. These factors are expected to influence the fire extinguisher market positively.
The report gives a detailed analysis of the following key players in the global fire extinguisher market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Extinguishing Agent |
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| Breakup by Fire |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global fire extinguisher market attained a value of nearly USD 5.01 billion.
The market is projected to grow at a CAGR of 5.7% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 8.23 billion by 2032.
The introduction of environmentally-friendly fire extinguishers, the increasing merger and acquisition (M&A) activities by key players, and the growing demand for small, lightweight, and cost-effective fire extinguishers are driving the market.
The key trends guiding the market include the introduction of government initiatives aimed at boosting the adoption of high safety requirements in commercial, residential, and industrial buildings, rapid industrialisation, and the surging installations of fire extinguishers in the residential sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Portable, knapsack, and wheeled are the significant products of fire extinguisher.
The significant extinguishing agents in the market are dry chemical (powder), foam, carbon dioxide, among others.
Class A, class B, class C, class D, and class K are the various segments on the basis of fire considered in the market report.
Industrial, commercial, and residential are the significant application segments of the product.
The major players in the market are Amerex Corporation, The Desautel Group, Britannia Fire Ltd., BRK Brands, Inc., and Ceasefire Industries Pvt. Ltd., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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