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Portable Fire Extinguisher Market Share

Report ID: GMI7999
Published Date: Feb 2024
Report Format: PDF

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Portable Fire Extinguisher Market Share

The portable fire extinguisher industry seems to moderately fragmented in nature due to presence of numerous local and global players across the globe. In 2023, the above list of dominant market players, such as Kidde, UTC Fire & Security, Johnson Controls International plc, and Amerex Corporation collectively captured a substantial market share. These prominent players are proactively involved in strategic endeavors like mergers and acquisitions, facility expansions, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research and development, aiming to enhance their designs and integrate cutting-edge technologies, ensuring they maintain a competitive edge.

Global Company Market Share Analysis, 2023, (%)

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Portable Fire Extinguisher Market Companies

Major players operating in the portable fire extinguisher industry include:

Kidde
Ansul
Johnson Controls International plc
Amerex Corporation
UTC Fire & Security
BRK Brands (First Alert)
Buckeye Fire Equipment
Fike Corporation
Commander Fire Extinguishers
Strike First Corporation
NAFFCO (National Fire Fighting Manufacturing Company)
The Hiller Companies
A-1 Fire Equipment Co.
Badger Fire Protection
Bavaria Fire Fighting
Strike Fire (Strike Fire Extinguisher)
Safex Fire Services Ltd.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of portable fire extinguisher was reached USD 7 billion in 2023 and is set to register a CAGR of over 5% between 2024 and 2032, driven by the increased awareness of the potential risks of fire and the importance of fire safety.

The class A segment was surpassed USD 2.9 billion in 2023 and is anticipated to grow over 2024 and 2032, owing to the increased awareness of residential fire safety, driven by public education campaigns and regulatory recommendations.

Asia Pacific portable fire extinguisher market held a revenue share of 37% in 2023 and is poised to grow rapidly through 2032, driven by the urbanization and industrialization, leading to the construction of residential, commercial, and industrial structures.

Kidde, Ansul, Johnson Controls International plc, Amerex Corporation, UTC Fire & Security, BRK Brands (First Alert), Buckeye Fire Equipment, Fike Corporation, Commander Fire Extinguishers, Strike First Corporation are some of the major industry contenders.