Survival Tools Market Size was valued at USD 1.4 Billion in 2023. The Survival Tools market Technology is projected to grow from USD 1.5 Billion in 2024 to USD 2.7 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.50% during the forecast period (2024 - 2032). Demand is being driven by an increase in the frequency of natural disasters, a booming adventure tourism sector, and an increase in outdoor recreational activities, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Around the world, severe weather events including cyclones, floods, and earthquakes are growing increasingly frequent. It is essential to have a reliable survival toolkit during such a calamity. According to statistics from Our World in Data, 60,000 people worldwide are affected by natural disasters. In the past ten years, 0.1% of fatalities were caused by natural disasters. The range of the number is between 0.01% and 4%. The two most deadly natural calamities are floods and droughts. However, significant fatalities do happen during earthquakes. Disasters like these have a significant effect on economies with low disposable income. In low- or middle-income nations, many deaths frequently occur when there are insufficient infrastructures to respond to these calamities and protect people. Sales of survival tools are expected to rise during the forecast period as a consequence of increased government spending by various countries to make survival kits and tools more widely available in disaster-prone areas.
People are turning to outdoor leisure activities as a result of the pandemic, especially millennials and Generation Z. to prevent getting stuck in difficult situations in far-off places. The market is in need of efficient and multifunctional survival tool kits that come with utilities, food, and water, as well as portable charging systems and other emergency supplies. The introduction of stringent safety restrictions at tourist attractions, beaches, lakes, rivers, hills, and mountains may also enhance sales of emergency survival kits. Additionally, consumers are participating in outdoor recreational activities including hiking, river rafting, deep-sea diving, and trekking, which is predicted to create growth prospects for the survival equipment market.
The number of people engaging in risky activities with their families, such as hiking, rock climbing, and others, is increasing exponentially every year. The rise in population can also be ascribed to technical advancements, better infrastructure, comfort, and affordability. However, these numbers are greatly boosting the growth of the global market for survival equipment. Going on vacation every year and taking time off work to unwind and spend quality time with family has become popular in modern society. In addition, many businesses now provide paid vacation days in an effort to raise employee morale and promote productivity. People who travel on vacation and on risky adventures need survival items as a safety measure, therefore this environment will have a favourable impact on the trajectory of the global market. Additionally, the frequency of natural disasters has dramatically increased globally in recent years.
The responsible authorities provide educational programmes to inform individuals of the value of survival equipment and how to utilise it safely. It has, nevertheless, become yet another important component driving the expansion of the global industry. Additionally, these devices are utilised in defence for various military missions. Thus, driving the Survival Tools market revenue.
The Survival Tools Market segmentation, based on product type, includes pocket tools, first aid kit, compass, and others. Pocket tools segment dominated the global market in 2022. In outdoor recreational activities, the compact pocket-sized equipment are frequently referred to as lifesavers. The recreational enthusiast always carries these useful instruments because of their small size and little storage needs for a variety of uses. In turn, this has fueled the market's expansion in terms of value sales. Nevertheless, it is anticipated that during the market forecast period for survival tools, the others category would experience the quickest growth.
The Survival Tools Market segmentation, based on application, includes hiking, hunting & fishing, camping, and others. Hiking segment dominated the global market in 2022. The increase in popularity of outdoor activities among people all over the world can be attributed to the expansion of the survival equipment market through hiking. Additionally, a busy and demanding lifestyle combined with a growth in leisure enthusiasts selecting outdoor activities like adventure sports and expeditions to rest or break the monotony of their daily lives pave the way for an increase in the number of hikers.
The Survival Tools Market segmentation, based on distribution channel, includes specialty store, supermarket/hypermarket, online store, and others. The specialty store segment dominated the Survival Tools Market in 2022. This is because the speciality shop offers top-notch customer service, thorough product descriptions, and knowledgeable advice to consumers so they can choose survival items that suit their needs. However, during the forecast period, online stores are anticipated to experience the highest growth.
Figure 1: Survival Tools Market, by Distribution Channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Survival Tools Market dominated this market in 2022 (45.80%). This is a result of the region's customers embracing healthier lifestyles in greater numbers, which is driving up the number of recreational enthusiasts. This has in turn increased demand for survival equipment in this area and fueled the expansion of the industry in North America. Further, the U.S. Survival Tools market held the largest market share, and the Canada Survival Tools market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: SURVIVAL TOOLS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Survival Tools market accounted for the healthy market share in 2022. The use of survival tools and kits at hotels, resorts, and eateries close to bodies of water like lakes, rivers, and mountains is growing, which is driving up market sales. In order to provide travellers with the greatest safety gear, manufacturers are also introducing multipurpose survival kits in collaboration with hotel and resort chains, which may accelerate the growth of the Survival Tools market. Further, the German Survival Tools market held the largest market share, and the U.K Survival Tools market was the fastest growing market in the European region
The Asia Pacific Survival Tools market is expected to register significant growth from 2023 to 2032. Due to the industrial sector's noticeable growth, sectors including oil and gas, energy, and mining are currently suffering high production outputs, expanding workforces, and a lack of security. These industries are susceptible to calamities induced by humans, such as explosions, extended power outages, and fires brought on by technical mistakes. In order to boost sales of survival tools in the upcoming years, this is motivating a focus on workplace safety. Moreover, China’s Survival Tools market held the largest market share, and the Indian Survival Tools market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Survival Tools market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Survival Tools Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Survival Tools Industry to benefit clients and increase the market sector. In recent years, the Survival Tools Industry has offered some of the most significant advantages to medicine. Major players in the Survival Tools market, including COLEMAN COMPANY, INC., EXXEL OUTDOORS, LLC, FENIX OUTDOORS INTERNATIONAL AG, FISKARS GROUP, JOHNSON & JOHNSON, LEATHERMAN TOOL GROUP, INC., READY AMERICA, INC., SOG Specialty Knives & Tools, SUREFIRE, LLC, and UST Brands, are attempting to increase market demand by investing in research and development operations.
Manufacturer and marketer of cutting-edge outdoor recreation and industrial equipment is EXXEL OUTDOORS, LLC. For its consumers, the company offers camping gear such sleeping bags, backpacks, hydration packs, running belts, tents and shelters, hunting backpacks, airbeds, and kid carriers. Exxel Outdoors launched its new Exxel Diverse Outdoor Kids programme in August 2020 to expand its social responsibility goal. Exxel collaborated with significant organisations to provide outdoor activities to young people of colour.
For the purpose of automating processes, Gerber Technology offers the global apparel sector technology, software, and related services. In addition to producing automated cutting equipment for flexible materials and pattern making, the company also creates a platform for fashion software that includes tools ranging from production planning software to fashion design software, allowing customers to increase productivity by speeding up design cycles, reducing errors, and increasing material yield. In order to meet the needs of customers, Gerber incorporated its Center-Drive multi-tool to the company's custom shop in November 2022.
Key Companies in the Survival Tools market include
Survival Tools Industry Developments
August 2021: Trekitt, a leader in outdoor retail in the United Kingdom, was purchased by Frilufts Retail Europe AB, a division of Fenix Outdoor International AG, for € 12 million. Four retail chains under the umbrella of Frilufts, including Globetrotter in Germany, Naturkompaniet in Sweden and Norway, Partioaitta in Finland, and Friluftsland in Denmark, operate in the outdoor retail market.
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 1.4 Billion |
| Market Size 2024 | USD 1.5 Billion |
| Market Size 2032 | USD 2.7 Billion |
| Compound Annual Growth Rate (CAGR) | 7.50% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2022 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Application, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | COLEMAN COMPANY, INC., EXXEL OUTDOORS, LLC, FENIX OUTDOORS INTERNATIONAL AG, FISKARS GROUP, JOHNSON & JOHNSON, LEATHERMAN TOOL GROUP, INC., READY AMERICA, INC., SOG Specialty Knives & Tools, SUREFIRE, LLC, and UST Brands |
| Key Market Opportunities | Survival equipment incorporating automated technologies |
| Key Market Dynamics | Increasing prevalence of natural disasters governing demand, growing adventure tourism industry, and the increasing outdoor recreational activities |
Survival Tools Market Highlights:
Frequently Asked Questions (FAQ) :
The Survival Tools Market size was valued at USD 1.4 Billion in 2023.
The global market is projected to grow at a CAGR of 7.50% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are COLEMAN COMPANY, INC., EXXEL OUTDOORS, LLC, FENIX OUTDOORS INTERNATIONAL AG, FISKARS GROUP, JOHNSON & JOHNSON, LEATHERMAN TOOL GROUP, INC., READY AMERICA, INC., SOG Specialty Knives & Tools, SUREFIRE, LLC, and UST Brands
The Pocket Tools Product Type dominated the market in 2022.
The Hiking Application had the largest share in the global market.
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