Travel Safety Kits Market Research, 2030
The global travel safety kits market was valued at $4,118.00 million in 2020, and is projected to reach $5,702.10 million by 2030, growing at a CAGR of 4.7% from 2021 to 2030.
Travel safety kits are significantly used by people while traveling as precautionary measure. First-aid kits and COVID-19 protection kits are some of the examples of travel safety kits. First-aid kits comprises adhesive bandages in a variety of sizes, aloe vera lotion, cotton swabs, first-aid manual, hand sanitizer, face mask, and latex gloves.
Traveling activities have increased as people are traveling for various purposes such as tourism and business trips. Globalization of business has been continuously promoting people to travel for business in various countries and as a precautionary measure people carry first-aid kits along with them. Furthermore, outbreak of the COVID-19 and its adverse consequences has increased importance of travel safety kits, which further supports growth of the global market.
Rapid increase in the travel and tourism industry in between the gap of the first and second wave of the corona virus and strict guidelines regarding the use of PPE kits, face masks, and sanitizers are expected to robust growth of the travel safety kits during the forecast period. Furthermore, people are getting aware of the side effects and consequences of not wearing face masks and not following guidelines of the World Health Organization and governments. Hence, people are actively carrying their first-aid kits and COVID-19 protection kits.
Outbreak of the COVID-19 has positively impacted overall growth of the travel safety kits market. Along with providing healthcare facilities to patients, doctors also need to protect themselves from corona virus, which spurs demand for safety kits that include face mask, sanitizers, and PPE kits. Thus, outbreak of COVID-19 has positively affected the overall growth of the travel safety kits market.
The travel safety kits market is segmented into type, distribution channel, and region. On the basis of type, the market is categorized into first aid kit, COVID-19 protection kit, and others. On the basis of distribution channel, it is segmented into hospitals, pharmacies, hypermarkets/supermarkets, convenience stores, online, and others. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, U.K., Italy, Spain, Russia, Netherlands and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, ASEAN, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
On the basis of type, the COVID - 19 protection kit segment is estimated to reach $1,683.4 million by 2030, at a CAGR of -2.9%. Covid-19 protection kits segment has been gaining major traction among the consumers and is expected to sustain its traction throughout the global travel safety kits market forecast period. Face mask, hand sanitizers, PPE kits, and face shields are some of the important products included in the COVID-19 protection kits. Growth in infections of corona virus and high possibility of more waves of COVID-19 in upcoming years is expected to boost demand for COVID-19 protection kits during the forecast period. For instance, according to the Government of New Zealand, COVID-19 infections are increasing in New Zealand, with 20,243 new infections reported on average each day. This is 97% of the highest daily average reported on March 8, 2022.
According to travel safety kits market analysis, on the basis of distribution channel, the supermarkets/hypermarkets segment was the significant contributor to the travel safety kits market size, with $537.0 million in 2020, and is projected grow at a CAGR of 9.8% during the forecast period. Supermarkets and hypermarkets are gaining popularity, owing to availability of a broad range of consumer goods under a single roof, with ample parking space and convenient operation timings. These stores offer variety of brands in a particular product category, offering more options for consumers. Furthermore, rapid urbanization and expansion of metro cities create demand for supermarkets and hypermarkets, which favors smooth distribution of first aid kits and COVID-19 protection kits, which, in turn, boosts the travel safety kits market demand.
According to travel safety kits market opportunity, region wise, North America garnered second highest share in the travel safety kits market in 2020, and is expected to maintain its travel safety kits market share throughout the forecast period. The North America travel safety kits market is influenced by increased awareness regarding benefits of carrying first-aid kits while traveling such as respond to emergencies as people wait for help, reduce risk of infections and injuries while traveling, and provide emergency medication in remote areas. Increased activities of traveling for purposes such as tourism, study trips, and business trips, especially in remote areas are expected to garner the travel safety kits market growth during the forecast period. 
The players operating in the global travel safety kits industry have adopted various developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Acme United Corporation, Adventure Ready Brands, Certified Safety Manufacturing, Inc., Cintas Corporation, DC Safety Sales Co., Inc., Green Guard First Aid & Safety, Levitt-Safety Limited, Lifeline First Aid, LLC, MedTree, and Steroplast Healthcare Limited.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the travel safety kits market analysis from 2020 to 2030 to identify the prevailing travel safety kits market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the travel safety kits market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global travel safety kits market trends, key players, market segments, application areas, and market growth strategies.
Travel Safety Kits Market Report Highlights
| Aspects | Details |
 By Type |
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 By Distribution Channel |
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 By Region |
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 Key Market Players | MedTree, Adventure Ready Brands, DC Safety Sales Co Inc, Certified Safety Manufacturing Inc, Steroplast Healthcare Limited, Acme United Corporation, Cintas Corporation, Green Guard First Aid and Safety, Levitt Safety Limited, Lifeline First Aid LLC |
Analyst Review
Rise in airborne diseases, outbreak of the COVID-19, and innovation are the keys factors for growth of the global travel safety kits market, in terms of value sales. Rise in demand for various travel safety kits such as first-aid kits and emergency kits among makes way for manufacturers to come up with safety kits that comprise features such as portability, ease of disposable, and reusability. Since the COVID-19 outbreak worldwide, the world’s top travel safety kits manufacturers have witnessed a rapid increase in demand for face masks, sanitizers, and PPE kits products. The global fear of the COVID-19 pandemic has certainly become one of the top factors, which fuels exceptional growth of face masks and sanitizers. This, in turn, fosters the market growth. Face masks, sanitizers, and face shields are some of the products considered in the COVID-19 protection kits segments. Furthermore, rise in participation of athletes in international sports events and fitness awareness among population is expected to propel the demand for first aid kits, which, in turn, propels growth of the travel safety kits market.
The travel safety kits market size was valued at $4,118.0 million in 2020.
4.7% is the CAGR of Travel Safety Kits market.
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2021 – 2030 would be forecast period in the Travel Safety Kits market report.
Acme United Corporation, Adventure Ready Brands, Certified Safety Manufacturing, Inc., and Cintas Corporation are some of the top companies in the Travel Safety Kits market.
The travel safety kits market segmented into type, distribution channel and region.
In 2020, the India travel safety kits market is projected to reach $580.9 million by 2030, growing at a CAGR of 8.9% during the forecast period.
By region, North America will dominate the market by the end of 2031.
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