Survival Tools Market will attain Valuation Around US$ 2 Bn by 2030 as the Necessity of Survival Tools Intensifies: Future Market Insights

Survival Tools Market will attain Valuation Around US$ 2 Bn by 2030 as the Necessity of Survival Tools Intensifies: Future Market Insights

PR Newswire

DUBAI, U.A.E., Sept. 16, 2020

DUBAI, U.A.E., Sept. 16, 2020 /PRNewswire/ -- According to the latest report by FMI (Future Market Insights), the survival tools market will soar globally at a CAGR of 7.4% towards 2030 end. Growth is anticipated to be fueled by a growing sentiment on self-protection amid a fast-changing background.

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Though several industries are endeavoring to click revenue targets as the majority of nations, globally, come under the radar of the COVID-19 outbreak, the survival tools market has been thriving. Regardless of the survival tools sector was not equipped for a catastrophe of this scale, sales stay unaffected by the onset of the crisis.

"Gen X (Xers) are key factors boosting market revenue for survival tools in recent years. The demographic age group has fundamentally changed the conception of 'survivalism' from hobby to lifestyle. Furthermore, Xers prioritize resilience and self-reliance and are enticed to 'survival schools' to discover to live with basics," states FMI analyst.

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Survival Tools Market - Key Takeaways

Survival Tools Market - Key Drivers

Survival Tools Market - Regional Analysis

Survival Tools Market - Competitive Landscape

Major market players active in the global survival tools market are Fiskars Group, Tender Corporation, Coleman Company, Full Windsor Company, Survival Light Products, SOG Specialty Knives & Tools, Inc., Ultimate Survival Technologies, Wild & Wolf, Inc., Johnson & Johnson International, Inc., Leatherman Tool Group, Honeywell International, Frasers Group, Unchartered Supply Company, L.L.Bean, and Sharpal Inc. (only indicative list)

Players are witnessing stiff competition that has given rise to several new entrants and developing consumer expectations. To maintain their market competitiveness, players are focusing on blatant investments in diversification and innovation. For instance,

Endless Adventure Store has created the Revolutionary Anti-Theft Backpack which comes with 12 avant-garde attributes such as hidden zippers and secret compartments that assist in keeping belongings safe throughout adventurous activities. 

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Survival Tools Market - Taxonomy

Product

Material

Application

Sales Channel

Regional Outlook:

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Get Valuable Insights into the Survival Tools Market

Future Market Insights, in its new offering, provides an unbiased analysis of the global survival tools market, presenting historical demand data and forecast statistics for the period from 2020-2030. The study divulges compelling insights on the survival tools market, allowing readers to glean qualitative and quantitative information which will enable them to make informed market decisions in the upcoming forecast period.

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About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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