Survival Tools Market by product type (Pocket tools, First Aid Kit, Compass and Others), Application (Hiking, Hunting & Fishing, Camping, and others), and Distribution Channel (Specialty Store, Supermarket/Hypermarket, Online Store, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

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The global survival tools market size was valued at $1,279.6 million in 2020, and is projected to reach $2,481.6 million by 2030, registering a CAGR of 7.1% from 2021 to 2030. 

A survival tools are package of basic tools and supplies prepared as an aid to protection and survival needed during recreational activities such as hiking, camping, caving, and others.These survival tools protect from getting injured while performing recreational activities like hiking, camping, caving, rock climbing and others. These tools include pocket tools, first aid kits, compass and others. These survival tools are easily accessible to the customers through various sales channels including supermarket, hypermarket, specialty stores, online stores and others. 

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The survival tools industry is focusing toward survival tools embedded with automated technology. Thus, survival tools manufacturers are launching IOT (Internet of Things) infused new innovative survival tools and are incorporating new features to remain competitive in the market. Thus, such factors contribute to the growth of the survival tools market, in terms of value sales.   

The sale of survival tools was hampered globally, as the outbreak of covid 19 has led to closure of tourism industry, retail stores and others. This further led to decline in participation in regular physical or sporting activities, which in turn, hampered the survival tools market in terms of value sales. 

The global survival tools market segments are categorized on the basis of product type, application, distribution channel, and region. By product type, it is classified into pocket tools, first aid kit, compass and others. By application, it is divided into hiking, hunting & fishing, camping and others. Based on distribution channel, the market is segregated into specialty store, online store, supermarket/hypermarket and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, Japan, South Korea, ASEAN and rest of Asia-Pacific), and LAMEA ( Brazil, Saudi Arabia, South Africa, Turkey and rest of LAMEA).

Based on product type, it is classified into pocket tools, first aid kit, compass and others. The pocket tools segment accounted for the highest market share in 2020, growing at a CAGR of 6.2%. The small pocket size tools are often classified as life savers in outdoor recreational activities. These handy tools due to their compact size and less space requirement are always carried by the recreational enthusiast for a variety of purposes. This in turn has driven the growth of the market in terms of value sales. However, the others segment is expected to be the fastest growing segment during the survival tools market forecast period.

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By application, the market is divided into hiking, hunting & fishing, camping and others. In 2020, the hiking segment accounted for the highest survival tools market share in the global survival tools market. The growth of the survival tools market through hiking can be attributed to rise in popularity of outdoor activities among people across the world. Moreover, busy and hectic lifestyle coupled with increase in instances of recreational enthusiasts choosing outdoor activities such as adventure sports and outings to unwind or break the monotony of their daily life, which paves the way for the increasing participant rates in hiking.

This in turn is contributing toward the survival tools market growth; However, the camping segment is expected to experience exponential growth during the forecast year.    

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By distribution channel, the market is divided into specialty store, online store, supermarket/hypermarket and others. In 2020, the specialty store segment accounted for the highest market share in the global survival tools market. This is because, the specialty store provides high-quality service and detailed product specification & expert guidance to customers to select survival tools according to their requirement. However, online store is expected to be the fastest growing segment during the forecast period.

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Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the highest market share in 2019. The North America market dominates the use of survival tools as consumers in the region are increasingly adopting healthy lifestyle, which is leading to rise in number of recreational enthusiasts. This in turn has driven the survival tools market demand in this region and has propelled the growth of survival tools market in North America. However, Asia-Pacific is expected to be the fastest growing segment during the forecast year.

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The key players operating in the global survival tools market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global survival tools industry analyzed in this report are Coleman Company, Inc., Exxel Outdoors, LLC, Fenix Outdoors International AG, Fiskars Group, Johnson & Johnson, Leatherman Tool Group, Inc., SOG Specialty Knives & Tools, Surefire, LLC and UST Brands.

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the current survival tools market trends, estimations, and dynamics of the global survival tools market for the period of 2020–2030 to identify the prevailing market opportunities.
• The key countries in four major regions have been mapped based on their market share.
• Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
• In-depth analysis of the market segmentation assists to determine the prevailing survival tools market opportunities.
• Major countries in each region have been mapped according to their revenue contribution to the global industry. 
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
• The report includes the regional as well as global survival tools market analysis, key players, market segments, application areas, and growth strategies.

Key Market Segments

By Product type

• Pocket tools
• First Aid Kit
• Compass
• Others

By Application

• Hiking
• Hunting & Fishing
• Camping
• Others

By Distribution Channel

• Specialty Store
• Supermarket/Hypermarket
• Online store
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia & New Zealand
  • South Korea
  • ASEAN
  • Rest of Asia-Pacific
• LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Turkey
  • Rest of LAMEA