The North America Survival Tools Market would witness market growth of 5.5% CAGR during the forecast period (2023-2030).
Survival knives, multi-tools, and machetes are essential for cutting rope, preparing food, and crafting makeshift tools. Using portable water filters and purification tablets, users can obtain safe and clean drinking water from natural sources. During outdoor activities, minor injuries and illnesses that may arise can be attended to with the assistance of compact first aid kits containing vital medical supplies. Compact and easily deployable shelters, such as emergency blankets and bivouac sacks, offer temporary protection in the aftermath of natural disasters or when conventional shelter is unavailable.
Emergency signaling devices, such as whistles, signal mirrors, and radios, facilitate communication where conventional means may be disrupted. Tools like signal flares, rescue ropes, and emergency beacons aid in signaling for help and facilitating search and rescue operations. Specially designed knives for military use are versatile cutting, prying, and self-defense tools. Tools such as ghillie suits and camouflage nets aid in concealing military personnel and equipment in various environments. Military-grade GPS devices, encrypted communication tools, and compasses are crucial for navigation and maintaining communication in the field.
The Mexican Online Sales Association estimates that the domestic e-commerce sector was worth USD 19.7 billion in 2021, an increase of 27% over 2020. In 2021, there were 57.5 million users of Mexican eCommerce, up 11% from the previous year. In 2020, women made up 51% of Mexican eCommerce users. E-commerce platforms in Mexico provide secure payment options, including credit cards, digital wallets, and cash-on-delivery, enhancing the overall shopping experience. With the widespread use of smartphones, M-commerce has become prevalent in Mexico. Due to the above-mentioned factors, the market will grow significantly in this region.
The US market dominated the North America Survival Tools Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $596.4 Thousands by 2030. The Canada market is exhibiting a CAGR of 7.8% during (2023 - 2030). Additionally, The Mexico market would experience a CAGR of 6.9% during (2023 - 2030).
Based on Product Type, the market is segmented into Pocket Tools, First Aid Kit, Compass, and Others. Based on Application, the market is segmented into Hiking, Hunting & Fishing, Camping, and Others. Based on Distribution Channel, the market is segmented into Specialty Store, Supermarket/Hypermarket, Online store, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Survival Tools Market is Predict to reach $2.3 Billion by 2030, at a CAGR of 6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Exxel Outdoors, LLC, Johnson & Johnson, Honeywell International, Inc., Fiskars Group, The Coleman Company, Inc. (Newell Brands, Inc.), Fenix Outdoor International AG, Leatherman Tool Group, Inc., Specialty Knives & Tools (GSM Outdoors), Surefire, LLC, and L.L.Bean Inc.
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