Travel Safety Kits Market - Overview
The global travel safety kits market is anticipated to expand at a promising rate from 2021 to 2031. The growing number of tourists and increased awareness about health and safety are expected to drive the expansion of the global travel safety kits market during the forecast period. Moreover, rising disposable income, increased travel demand, population growth, and development in the tourist industry are some of the main variables projected to boost the global travel safety kits market.
Furthermore, the onset of the COVID-19 outbreak has had a favorable influence on the growth of the worldwide travel safety kits market due to the increased demand for travel safety kits.
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Travel Safety Kits Market - Competitive Landscape
Prominent players active in the global travel safety kits market are Certified Safety Manufacturing, Inc., Acme United Corporation, Cintas Corporation, Adventure Ready Brands, Inc., Green Guard First Aid & Safety, MedTree, Levitt-Safety Limited, DC Safety Sales Co., Lifeline First Aid, LLC, and Steroplast Healthcare Limited.
To gain market share, boost profitability, and stay competitive, players in the travel safety kits market have employed product introduction and business development as major growth strategies.
Travel Safety Kits Market - Trends and Opportunities
People frequently utilize travel safety kits as a preventive step when traveling. Some examples of travel safety kits are first-aid kits and COVID-19 safety kits. Adhesive bandages of various sizes, cotton swabs, aloe vera lotion, a first-aid handbook, a face mask, hand sanitizer, and latex gloves are included in first-aid kits.
Traveling activities have risen as individuals travel for a variety of reasons, including tourism and business visits. The globalization of business has consistently encouraged individuals to travel for business in other nations, and as a preventive step, they bring first-aid kits with them. Moreover, the COVID-19 pandemic and its negative repercussions have enhanced the necessity of travel safety kits, which promotes worldwide travel safety kits market growth.
The rapid rise in the travel and tourism industry in-between lockdowns and strict restrictions on the usage of face masks, PPE kits, and sanitizers are projected to drive the growth of global travel safety kits throughout the projection period. Moreover, individuals are becoming aware of the negative implications of not using face masks and failing to follow government and World Health Organization rules. As a result, individuals are increasingly packing first-aid and COVID-19 safety kits.
The COVID-19 outbreak has boosted the overall expansion of the travel safety kits market. Together with delivering healthcare to patients, doctors must also guard against the deadly virus, which drives demand for safety equipment such as sanitizers, face masks, and PPE kits. As a result, the COVID-19 outbreak has increased the overall growth of the global travel safety kits market.
Moreover, the hypermarkets and supermarkets segment is expected to grow in the global travel safety kits market during the forecast period. Hypermarkets and supermarkets are becoming increasingly popular given the abundance of a diverse selection of consumer items under a unified platform, convenient operating hours, and sufficient parking space. These stores provide a range of brands in a specific product area, giving customers greater alternatives. Furthermore, fast urbanization and metro city growth increase the need for supermarkets and hypermarkets, which promotes the seamless distribution of first aid kits and COVID-19 protection kits, thereby boosting the travel safety kits market.
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Travel Safety Kits Market - Regional Landscape
The travel safety kits market in Asia Pacific is estimated to develop during the forecast period, owing to increased demand for face masks, PPE kits, face shields, and sanitizers and increased consumer knowledge of health-related consumer items. Moreover, the regional market is expected to expand due to the adoption of Western lifestyles and an increase in disposable income. Furthermore, the region's rising incidence of accidents is likely to encourage the growth of the travel safety kits market.
The travel safety kits market in North America is projected to witness considerable growth during the forecast period.
Disclaimer: This ongoing market research study is a meticulously planned activity where a broad array of factors and aspects that shape the marketing environment and industry are taken into account. However, keeping in mind the constantly changing nature of business dynamics and changing strategic intents, we are always actively making iterations and modifications in our approaches. As always, we are ready to tailor our insights and guidance to suit your requirements. Engage with us to know what more is there for your CXOs.