Vision Research Reports Says, the global first aid kit packaging market is expected to grow at a CAGR of 4.2% over the forecast period 2020 to 2027. Increasing adoption of first aid kit packaging in the automotive industry and compliance for first aid kits in workplace are projected to accelerate the demand for the first aid kit packaging market across the globe during 2020-2027.
First aid kit packaging is used as a unitizing container for first aid accessories or supplies which are necessary during medical emergencies that occur at workplaces, while travelling, or during sporting. First aid kit packaging is made up of plastic, metal, glass, or fabric (cotton). First aid kit packaging finds applications in various industries such as building and construction, offices, military services, automotive, sports and adventures, household, and manufacturing industries. First aid kit packaging is designed on the basis of portability and mounting requirements.
The global market for first aid kit packaging has been segmented on the basis of material, product, packaging type, and end-user base.
The demand for first aid kit packaging increases due to the need for different packaging formats at economic costs. Country-wise regulations and compliance standards are acting as drivers in material-level and product-level developments in the first aid kit packaging market.
This report evaluates the trends that are fueling the growth of each market segment on the worldwide level and provides potential takeaways that are beneficial for potential market entrants in the first aid kit packaging market.
The North American first aid kit packaging market includes a country-level analysis for the United States and Canada. Canada is projected to witness a sluggish growth rate as compared to the United States first aid kit packaging market. The automotive industry is anticipated to be the largest consumer of first aid kit packaging owing to stringent compliance from government authorities.
The Latin America first aid kit packaging market includes a country-level analysis for Brazil, Mexico, and rest of Latin America. Brazil is estimated to account for almost half of the first aid kit packaging market in Latin America. The European first aid kit packaging market includes a country-level analysis for the United Kingdom, Germany, France, Italy, Spain, and Rest of Europe. Germany is expected to be the largest consumer in the European first aid kit packaging market due to workplace compliance regulations. The online sale of first aid kits is attributed to fuel the United Kingdom first aid kit packaging market.
The South Asia first aid kit packaging market includes a country-level analysis for India, Thailand, Malaysia, Indonesia, Oceania, and Rest of South Asia. In South Asia first aid kit packaging market, India is projected to represent a lucrative market opportunity throughout the forecast period. The East Asia first aid kit packaging market includes Japan, China, and South Korea. China is projected to witness fast-paced growth during the forecast period. The Middle East and Africa (MEA) first aid kit packaging market includes a country-level analysis for GCC Countries, South Africa, North Africa, Turkey, and Rest of MEA. The South Africa first aid kit packaging market is estimated to be the largest country-level market in the Middle East & Africa.
In the first aid kit packaging market report, we have deliberated specific strategies followed by key players in terms of enhancing their product portfolio, creating new marketing techniques, products, and business development. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share in the global first aid kit packaging market. The key intensity mapping is provided in the first aid kit packaging market report to elaborate the geographical presence of profiled companies.
Boxes to be a prominent choice for workplace and industrial applications
From the 19th century, boxes or cases have been a popular choice for first aid kit packaging owing to their durability, convenience, and spaciousness. Boxes or cases are still popular among manufacturers for first aid kit packaging as compared to bags or pouches. The United States-based health care solutions provider, 19Labs, developed a smart first aid kit packaging box or briefcase in 2016. 19Lab’s first aid kit packaging box has a touch screen panel inside the cover that helps access instructions and multiple compartments that can easily organize medical supplies.
Textile fabric is anticipated to witness fast-paced growth in the first aid kit packaging market
The use of bags and backpacks for adventures, sports, and military first aid kit packaging is increasing due to their flexibility and heavy load carrying capacity. Textile fabric is estimated to witness fast-paced growth in the global first aid kit packaging market owing to the increase in demand for bags and backpacks. More than half of the backpacks were sold in North American and European first aid kit packaging markets in 2017 owing to an increase in demand from millennials.
Compliance for medical kits at workplaces is expected to create a lucrative opportunity for the first aid kit packaging market
In the United States, Occupational Safety and Health Administration (OSHA) and American National Standards Institute (ANSI) standardize the first aid kit packaging for offices and industrial areas in terms of the number of persons treated, portability, and quick accessibility to first aid products. In first aid kit packaging, the boxes and cabinets manufactured by plastic and metal are designed per the OSHA and ANSI standards. Chinese and Indian administrations have set regulations for safety, health, and environment at the workplace, which are anticipated to boost the demand for workplace first aid kit packaging during 2019-2027. The increased awareness about health and the need for immediate treatment in case of uncertainties at workplace are the key drivers fuelling the first aid kit packaging market.
Global first aid kit packaging market volume is expected to expand 1.4X from 2018 to 2027
In the global first aid kit packaging market report, manufacturers and converters with large manufacturing capacities and known brand names from different geographical regions are profiled. The company description, market and production strategies, product portfolio, company revenue, and segmental revenue of key players in the first aid kit packaging market are evaluated in the competitive landscape.
Crownhill Packaging, A2B Plastics Ltd., Acme United Corporation (First Aid Only Inc.), Certified Safety Manufacturing Inc., Cintas Corporation, Crest Medical Ltd, Fieldtex Products Inc., First Aid Supplies Pte Ltd., GAGGIONE, Honeywell Industrial Safety USA Inc., Lifeline First Aid LLC, Masune First Aid, Inc., Medline Industries Inc., Reliance Medical Ltd., SYSPAL Ltd., and The Durham Manufacturing Company.
The First aid kit packaging market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of First aid kit packaging market for the base year 2020 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global First aid kit packaging market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the First aid kit packaging market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted First aid kit packaging market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the First aid kit packaging capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of First aid kit packaging by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global First aid kit packaging market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major First aid kit packaging market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of First aid kit packaging market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
For the region, type and application, the sales, revenue and their market share, growth rate are the key research objects; we can research the manufacturers' sales, price, revenue, cost and gross profit and their changes. What's more, we will display the main consumers, raw material manufacturers, distributors, etc.
Geographically, global xxx market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer.
We will provide market shares of the prominent market suppliers/companies separately for each of these geographies.
Overall, this is an in-depth research report specifically for the First aid kit packaging industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
First aid kit packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to First aid kit packaging market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of First aid kit packaging market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new First aid kit packaging market. These factors have benefited the growth of the global market for First aid kit packaging. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for First aid kit packaging. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of First aid kit packaging are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are: