Self-Defense Products Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Self-Defense Products Market Worth $3.6 Billion By 2025 | CAGR: 5.9%�
The global self defense products market size is expected to reach USD 3.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.9% over the forecast period. The market growth is primarily attributed to rising incidences of civil unrest, along with the need for personal safety on recreational activities such as camping and hiking. Hunting is considered to be one of the most common outdoor activities among the Americans, which, in turn, is driving the demand for folding knives to serve the purpose of self defense, along with other tasks. In 2016, about 11.5 million enthusiasts aged 16 years and above participated in hunting activities in U.S. Folding knives accounted for the largest share of 71.2% in 2018. Due to the introduction of folding knives, the product has undergone various modifications with respect to utility features, designs, raw materials used for the blades, knife structures, and suitable applications.Manufacturers are also focusing on developing compact products integrated with more than one feature. For instance, Gerber Auto Knife is a fully automatic equipped tool made of stainless steel designed with an oversized release button for the easy use. Gerber offers folding Tanto Knives equipped with torch lights. Such integrations will further enhance the capabilities and functioning of the folding knives, which, in turn, will favor the market growth.
Pepper sprays have been recording prominent sales and is expected to expand at a CAGR of 5.7% over the forecast period. They are gaining an increasing traction in the global market owing to growing acceptance among women as a convenient self defense product. Due to growing population of tech savvy people and popularity of online shopping, manufacturers are resorting to convenient methods of distribution to reach out to the large
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customer base. Third party retailers such as Amazon.com, PepperEyes.com, Flipkart, and Xboom Utilities are some of the common suppliers of personal defense products.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/self-defense-productsmarket The companies operating in this market are focusing on developing new products with integration of multiple utility tools with an aim to meet the customer’s convenience in performing indoor and outdoor activities, along with self-defense purposes. For instance, Buck knives Inc. manufactures folding knives that are suitable for heavy duty applications.
Self-Defense Products Market Report Highlights
North America accounted for the largest share of 30.0% in 2018. APAC is estimated to be the fastest market with a CAGR of 6.4% from 2019 to 2025, majorly driven by India and China
Sporting goods store accounted for the largest share of more than 55.0% in 2018 owing to easy availability of the products. Online distribution is expected to witness the fastest growth over the forecast period
By product, folding knives accounted for the largest share of 71.2% in 2018. Pepper sprays have been recording prominent sales and are expected to expand at a CAGR of 5.7% over the forecast period
Some of the key operating players operating in the global self-defense products market are Victorinox; Unisafe Technologies; GERBER GEAR; SABRE Security Equipment Corporation; Mace Security International, Inc.; Axon Entereprise Inc.; Salt Supply Company; and Self Defense Weapons.
Self-Defense Products Market Segmentation Grand View Research has segmented the global self-defense products market on the basis of product, distribution channel, and region: Self-defense ProductsOutlook (Revenue, USD Million, 2015 - 2025) Pepper Sprays
Folding Knives
Tactical Gloves
Stun Guns
Others
Self-defense ProductsDistribution Channel Outlook (Revenue, USD Million, 2015 - 2025) Retail Outlets
Sporting Goods Stores
Online
Self-defense ProductsRegional Outlook (Revenue, USD Million, 2015 - 2025) North America o
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U.S.
Europe o
France
o
Italy
Asia Pacific o
China
o
India
Central & South America
Middle East & Africa (MEA)
Table of Contents Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Self Defense Products Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping 3.3. Industry Value Chain Analysis 3.3.1. Sales/Retail Channel Analysis 3.3.2. Profit Margin Analysis 3.4. Market Dynamics
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3.4.1. Market Driver Analysis 3.4.2. Market Restraint Analysis 3.4.3. Industry Challenges 3.4.4. Industry Opportunities 3.5. Business Environment Analysis 3.5.1. Industry Analysis - Porter’s 3.5.1.1. Supplier Power 3.5.1.2. Buyer Power 3.5.1.3. Substitution Threat 3.5.1.4. Threat from New Entrant 3.5.1.5. Competitive Rivalry 3.6. Roadmap of Self Defense Products Market 3.7. Market Entry Strategies Continue………….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy.
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