Portable Fire Extinguisher Market By Agent Type (Dry Chemical, Carbon Dioxide, Water, Foam, Others), By Fire Type (Class A, Class B, Class C, Class D, Class K), By Application (Residential, Commercial), By Region, By Competition Forecast & Opportunities, 2024-2032F

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Portable Fire Extinguisher Market By Agent Type (Dry Chemical, Carbon Dioxide, Water, Foam, Others), By Fire Type (Class A, Class B, Class C, Class D, Class K), By Application (Residential, Commercial), By Region, By Competition Forecast & Opportunities, 2024-2032F

Forecast Period2024-2028
Market Size (2022)USD9.21 Billion
CAGR (2023-2028)7.4%
Fastest Growing SegmentDry Chemical
Largest MarketAsia Pacific
MIR Consumer Goods and Retail

Market Overview

Key Market Drivers

Stringent Fire Safety Regulations

Increasing Urbanization and Construction Activities

MIR Segment1

Growing Awareness of Fire Safety

Increasing Fire Incidents

Expansion of Industrial Sectors

Increased Adoption in Residential Spaces

MIR Regional

Demand from Emerging Markets

Key Market Challenges

Regulatory Compliance and Certification

Technological Advancements and Innovation

Environmental Concerns

Market Competition

Consumer Education and Awareness

Counterfeit and Substandard Products

Key Market Trends

Environmentally Friendly Extinguishing Agents

Increased Adoption of Non-Toxic Extinguishing Agents

Integration with Building Management Systems

Education and Training Initiatives

Transparent and Ethical Supply Chains

Segmental Insights

Agent Type

Regional Insights

Recent Developments

  • In 2021, Ceasefire Industries Pvt. Ltd. launched designer series of homeextinguishers that are easy to use as they have a lightweight point-and-shootdesign.
  • In 2022. Summit Fire & Security and Summit Fire Protection, two ofSFP Holding, Inc.'s subsidiaries, recently completed ten significantacquisitions, the firm reported. For fire protection, life safety, and securitysystems, Summit Companies offers inspection, testing and monitoring, serviceand repair, installation, and consultation services.

Key Market Players

  • RaytheonTechnologies Corp.
  • Johnson Controls International Plc
  • Morita Holdings Corp.
  • Hochiki Corp.
  • Amerex Corp.
  • Ceasefire Industries Pvt. Ltd.
  • Activar Inc.
  • Yamato Protec Corp.
  • FlameStop Australia Pty. Ltd.
  • Feuerschutz Jockel GmbH & Co.  

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