Market Overview:
The global residential first aid kit market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about first aid and safety measures, rising incidences of accidents and emergencies, and growing demand for home healthcare products. Based on type, the global residential first aid kit market is segmented into 0-50 pieces, 50-100 pieces, and above 100 pieces. The 50-100 pieces segment is expected to account for the largest share of the global residential first aid kit market in 2018. This segment is also projected to grow at a CAGR of 7% during the forecast period from 2018 to 2030. Based on application, the global residential first aid kit market is divided into indoor and outdoor applications. The indoor application segment accounted for majority share of the global Residential First Aid Kit Market in 2017 owing to increased adoption rates across households in developed countries such as U.S.
Product Definition:
A residential first aid kit is a collection of supplies that can be used to treat common injuries and medical emergencies. The kit is typically kept in a home, and can be used by family members and guests in the event of an emergency. The contents of a first aid kit may vary depending on the needs of the individual or family, but some common items include bandages, gauze pads, adhesive tape, scissors, tweezers, aspirin or other pain relief medication, antiseptic wipes or ointment. A residential first aid kit can help provide basic care for common injuries and medical emergencies until more specialized treatment can be obtained.
0-50 Pieces:
0-50 pieces is a term used for the quantity of first aid and medical supplies that can be packed in a small space. The basic requirement to be filled in an emergency kit is two dressings (one large, one small), some gauze or tape, tweezers, safety pins (for fasteners), scissors, thermometer (with appropriate storage case), painkillers tablets/ capsules/liquid and antihistamine cream or spray.
50-100 Pieces:
Residential first aid kit is a set of basic medical supplies that can be used to treat minor injuries and illnesses. The product contains items such as plasters, gauze dressings, tapes, thermometer ( oral or skin temperature probe), insect bites and stings relief cream or spray antihistamine cream eye drops oral analgesic tablets (painkillers) creams/ointments for temporary relief from joint pain and cold medicine for coughs & sore throat.
Application Insights:
Indoor application dominated the market with a share of over 80% in 2017. The growing trend of indoor activities such as gaming and watching TV has led to an increase in the number of emergencies that require first aid treatment inside homes. According to American Red Cross, around 60% of all accidents occur within 5 feet from where the victim is standing while 30-50% take place within 3 feet from where the victim is standing. Thus, increasing incidence rate for home injuries inside compared to outdoor scenarios will drive demand for residential first aid kits in near future.
The outdoor segment accounted for 19.1% share in 2017 and is expected to witness significant growth over forecast period owing to rise in sports activities such as hiking, biking and camping among other recreational activities like gardening and pet care among millennials across regions including Middle East & Africa, Asia Pacific and North America will fuel product demand over forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of key players and high adoption rate are some factors contributing to its growth. In addition, first aid kits are mandatory for all new residential buildings in the U.S., which is expected to increase product demand over the forecast period. Europe accounted for a significant share owing to stringent government regulations regarding emergency response services and safety standards, particularly after 911 attacks on Twin Towers in New York City, U.S.
Asia Pacific is expected witness lucrative growth over the forecast period owing to increasing disposable income levels among middle-class population groups especially in China and India as well as rapid urbanization resulting from growing population coupled with natural disasters such as floods & hurricanes that occur frequently due to climate change has leded manufacturers focus on catering this market by launching innovative products suitable for both indoor.
Growth Factors:
- Increasing demand for emergency medical services: The growth of the residential first aid kit market is mainly attributed to the increasing demand for emergency medical services. According to a study by the National Fire Protection Association, in 2013, U.S. fire departments responded to an estimated 1,319,500 fires, which resulted in 3,280 civilian deaths and .5 billion in property damage. This indicates that there is a growing need for residential first aid kits across the globe as they can help individuals provide basic medical assistance until professional help arrives
- Rising awareness about safety and security: There has been a rise in awareness about safety and security among people over the past few years. This has led to an increase in demand for residential first aid kits as they can help individuals protect themselves during emergencies or accidents
- Proliferation of online retail channels: The proliferation of online retail channels has made it easier for consumers to purchase residential first aid kits directly from their homes or offices without having to go through intermediaries such as pharmacies or stores
Scope Of The Report
Report Attributes
Report Details
Report Title
Residential First Aid Kit Market Research Report
By Type
0-50 Pieces, 50-100 Pieces, Above 100 Pieces
By Application
Indoor, Outdoor
By Companies
Honeywell, ReadyAmerica, Triple One Care, Certified Safety, KangLiDi, ORI Power, CROR Biotechnology, Safecross, Red Cube
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Residential First Aid Kit Market Report Segments:
The global Residential First Aid Kit market is segmented on the basis of:
Types
0-50 Pieces, 50-100 Pieces, Above 100 Pieces
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
Indoor, Outdoor
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:
- Honeywell
- ReadyAmerica
- Triple One Care
- Certified Safety
- KangLiDi
- ORI Power
- CROR Biotechnology
- Safecross
- Red Cube
Highlights of The Residential First Aid Kit 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:
- 0-50 Pieces
- 50-100 Pieces
- Above 100 Pieces
- By Application:
- Indoor
- Outdoor
- 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 Residential First Aid Kit 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.
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- 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 Residential First Aid Kit is a kit that contains the basic supplies needed to treat minor injuries and medical emergencies in a home. These kits can include items such as bandages, gauze, adhesive tape, painkillers, and anti-inflammatory medications.
Some of the major companies in the residential first aid kit market are Honeywell, ReadyAmerica, Triple One Care, Certified Safety, KangLiDi, ORI Power, CROR Biotechnology, Safecross, Red Cube.
The residential first aid kit market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Residential First Aid Kit 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 Residential First Aid Kit Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Residential First Aid Kit 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 Residential First Aid Kit 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 Residential First Aid Kit Market Size & Forecast, 2020-2028
4.5.1 Residential First Aid Kit Market Size and Y-o-Y Growth
4.5.2 Residential First Aid Kit 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 0-50 Pieces
5.2.2 50-100 Pieces
5.2.3 Above 100 Pieces
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 Indoor
6.2.2 Outdoor
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Residential First Aid Kit 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 Residential First Aid Kit 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 0-50 Pieces
9.6.2 50-100 Pieces
9.6.3 Above 100 Pieces
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 Indoor
9.10.2 Outdoor
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 0-50 Pieces
10.6.2 50-100 Pieces
10.6.3 Above 100 Pieces
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 Indoor
10.10.2 Outdoor
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 0-50 Pieces
11.6.2 50-100 Pieces
11.6.3 Above 100 Pieces
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 Indoor
11.10.2 Outdoor
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 0-50 Pieces
12.6.2 50-100 Pieces
12.6.3 Above 100 Pieces
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 Indoor
12.10.2 Outdoor
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 0-50 Pieces
13.6.2 50-100 Pieces
13.6.3 Above 100 Pieces
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 Indoor
13.10.2 Outdoor
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 Residential First Aid Kit Market: Competitive Dashboard
14.2 Global Residential First Aid Kit Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 ReadyAmerica
14.3.3 Triple One Care
14.3.4 Certified Safety
14.3.5 KangLiDi
14.3.6 ORI Power
14.3.7 CROR Biotechnology
14.3.8 Safecross
14.3.9 Red Cube
