Market Overview:
The global fire cabinet market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for fire cabinets in residential and commercial applications. Additionally, the growing awareness about safety and security is also propelling the growth of this market. The global fire cabinet market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into surface mount, semi-recessed, and fully recessed cabinets. In terms of application, it can be classified into residential and commercial applications. Regionally speaking, it has been analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China India Japan) Middle East & Africa(South Africa).
Product Definition:
A fire cabinet is a piece of furniture which is used to store items which may be needed in the event of a fire. Such items might include fire extinguishers, blankets, and other emergency supplies. The importance of having a fire cabinet is that it can help to ensure that people have access to necessary supplies in the event of an emergency.
Surface Mount:
Surface mount is a type of electrical box used to mount an electrical device such as a light switch, outlet, or any other small electronic component. It can be mounted on the surface of any solid surface and is commonly found in residential applications. The size and shape of the box are generally designed to fit into a standard wall plate slot which makes it easy for consumers to install; therefore making it one of the most popular types among consumers.
Semi-Recessed:
Semi-recessed fire cabinet is a half-open design that provides protection from smoke and flame. It has doors that swing into the compartment and can be closed by a latch or door handle. The market size for these products is expected to expand in the upcoming years due to their increasing demand in commercial buildings, such as hospitals, hotels, restaurants, etc., as well as residential applications like homes and nursing homes.
Application Insights:
The commercial application segment led the global fire cabinet market and accounted for more than 60.0% share of the total revenue in 2017. The growth can be attributed to an increase in the number of hospitals, restaurants and hotels across the globe that require safety equipment for saving electrical appliances during emergencies.
The residential application segment is expected to witness significant growth over the forecast period owing to increasing awareness about safety equipment among consumers, coupled with rising concerns regarding home accidents caused by improper wiring or installation of electric equipment without proper clearance. In addition, a rise in infrastructural development activities such as construction of new homes is anticipated to boost product demand over forecast period.
Asia Pacific will witness considerable growth on account of rapid urbanization along with industrialization and infrastructure development activities taking place across various countries including China, India Japan Korea Singapore Malaysia Indonesia Thailand Philippines Vietnam etc., which will drive demand for fire cabinets at a regional level.
Regional Analysis:
North America dominated the global fire cabinet market in 2017. The U.S., in particular, is one of the most lucrative markets for these cabinets as a result of high demand from residential and commercial applications. High consumer awareness coupled with advanced fire safety systems and regulations are some factors driving the regional product demand.
Asia Pacific is expected to be one of the fastest-growing regions over the forecast period owing to increasing consumer disposable income levels, growing population, rapid urbanization, and changing lifestyles that lead to an increase in home Fires &arson accidents/incidents leadingto fatalitiesand injuriesin this region every year which results into increased demand for these products Fireplace Accident Prevention). Europe also accounted for a significant share due to rising product adoption especially in countries such as Germany where there is a tradition of using open fires instead of electric heaters or stoves Fireplace Accessories)for cooking purposes during cold seasons Semi-Recessed Market).
Growth Factors:
- Increasing demand for fire cabinets from the commercial sector
- Growing awareness about the benefits of using fire cabinets
- Rising demand for customized fire cabinets
- Proliferation of online retailing platforms that offer a wide range of fire cabinets at competitive prices
- Growing popularity of modular kitchen designs that include dedicated space for storing fire extinguishers and other safety equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Cabinet Market Research Report
By Type
Surface Mount, Semi-Recessed, Fully Recessed
By Application
Residential, Commercial
By Companies
Micris, Reliable Fire & Security, Sffeco Global, Sinco Fire and Securiyt Co.,Ltd., GRP Industries, Suzhou Seapeak Co., Ltd., NaugraExport, Williams Brothers, Corporation, Supremex Equipment, Naugra Export
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Fire Cabinet Market Report Segments:
The global Fire Cabinet market is segmented on the basis of:
Types
Surface Mount, Semi-Recessed, Fully Recessed
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Micris
- Reliable Fire & Security
- Sffeco Global
- Sinco Fire and Securiyt Co.,Ltd.
- GRP Industries
- Suzhou Seapeak Co., Ltd.
- NaugraExport
- Williams Brothers
- Corporation
- Supremex Equipment
- Naugra Export
Highlights of The Fire Cabinet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Surface Mount
- Semi-Recessed
- Fully Recessed
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fire Cabinet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A fire cabinet is a cabinet or other storage area in a home that is used to store items that could potentially catch on fire, such as lighters and matches.
Some of the key players operating in the fire cabinet market are Micris, Reliable Fire & Security, Sffeco Global, Sinco Fire and Securiyt Co.,Ltd., GRP Industries, Suzhou Seapeak Co., Ltd., NaugraExport, Williams Brothers, Corporation, Supremex Equipment, Naugra Export.
The fire cabinet market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Cabinet Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Fire Cabinet Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fire Cabinet Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Fire Cabinet Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Fire Cabinet Market Size & Forecast, 2020-2028 4.5.1 Fire Cabinet Market Size and Y-o-Y Growth 4.5.2 Fire Cabinet Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Surface Mount
5.2.2 Semi-Recessed
5.2.3 Fully Recessed
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Cabinet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fire Cabinet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Surface Mount
9.6.2 Semi-Recessed
9.6.3 Fully Recessed
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Surface Mount
10.6.2 Semi-Recessed
10.6.3 Fully Recessed
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Surface Mount
11.6.2 Semi-Recessed
11.6.3 Fully Recessed
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Surface Mount
12.6.2 Semi-Recessed
12.6.3 Fully Recessed
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Surface Mount
13.6.2 Semi-Recessed
13.6.3 Fully Recessed
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fire Cabinet Market: Competitive Dashboard
14.2 Global Fire Cabinet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Micris
14.3.2 Reliable Fire & Security
14.3.3 Sffeco Global
14.3.4 Sinco Fire and Securiyt Co.,Ltd.
14.3.5 GRP Industries
14.3.6 Suzhou Seapeak Co., Ltd.
14.3.7 NaugraExport
14.3.8 Williams Brothers
14.3.9 Corporation
14.3.10 Supremex Equipment
14.3.11 Naugra Export