First aid kit is the set of supplies and tools that are used to cure injuries from the wounds, cut or burn, orsm all sudden illness. An ordinary first aid kit includes the components that are used to treat injuries for instance cuts, bruises, and sprains. It includes the band-Aids, cotton balls or strips/swabs, antiseptic, iodine, gloves, bandages or dressings, and aspirin. The kit includes the emergency or urgent situation medical supplies used at an instant of an injury or the wound. It prevents rigorous injury from becoming a chronic problem and excessive blood loss. It also decreases the recovery time of injured patient against the injury. Some of the major benefits associated with use of band aids includes the cost saving, immediate aid and reduce of the infections and others.
According to study, “Global First Aid Packet Market Size study, by Type (Handle Type, Piggy Back Type, His Type), by Application (Rescue, Drill, Outdoor Activities, Others) and Regional Forecasts 2018-2025” some of the major companies that are currently working in the global first aid packet market are Attucho, Healthcare Logistics, Blume, DHS Emergency, Fieldtex Products Inc., ELITEBAGS, CIRMEDICAL, Thomas EMS, HUM-Gesellschaftfur Homecare and Medizin Technik, AdvaCare, Cintas, Cramer Products, Canadian Safety Supplies, ME.BER., Peerless Plastics, Firetex Protective Technologies, Karl Bollmann, ROYAX, Orient Med-International FZE, Acme United Corp., Green Guard, Certified Safety Manufacturing Inc., Johnson & Johnson, Beiersdorf AG, Lifeline, 3M Company, Honeywell, ZEE, Safety First Aid, DC Safety, Cintas, First Aid Holdings Inc., REI, Yunnan Baiyao, Longbow, Tender Corp., Firstar, St John, KANGLIDI Medical, Lifesystems, Hartmann, Levitt-Safety, Protective Industrial Products, Med Tree, Matsuyoshi, Ready America, Medline Industries, Steroplast Healthcare, Northern Safety, Sterimed. As a result of the competitive market, the providers are aiming to give maximum supplies to implement the multiplicities of the strategies in the business by supplying a dimension of the kit, sophisticated fancy, and the convenient packaging, also the key players are adding the first aid kits at the recreation areas, sports, and as an emergency preparedness.
Based on the type, the first aid packet market is segmented into special type kits and common type kits. Based on the product type, the market is segmented into piggy back type, handle type and His type. Based on the application, the market can be split into drill, rescue, outdoor activities and others (military, transportation, house & office hold, sports, industrial &manufacturing facilities). Moreover, based on the end-user, market is be segmented into human and pet.
The global first aid packet market is largely driven by the increase in construction of commercial buildings and industrial work sites (owing to mounting safety regulations & self-awareness regarding health), followed by the increasing awareness on personal care, growing demand from sports industry and easy to carry during the emergency. However, market is also affected by the restraining factors such as lack of skilled professionals and other complications of keeping all the items in a kit due to limited weight and size.
The North American region holds the large share of revenue globally due to the implementation of strict work and safety regulations by regulatory bodies. Asia-Pacific region is expected to register higher CAGR due to the augmented demand for first aid kit in the overall economy.
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Ankur Gupta, Head Marketing & Communications