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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Fire Extinguisher Market Size
The global fire extinguisher market 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.
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.
Fire Extinguisher Market Report Snapshots
Fire Extinguisher Market Analysis
*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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Key Questions Answered in the Report
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