Survival Tools Market By Product Type (Pocket Tools, First Aid Kit, Compass, Others) , By Application (Hiking, Hunting & Fishing, Camping, Others) By Distribution Channel (Specialty Stores, Online Stores, Supermarkets/Hypermarkets, Others) : Global Opportunity Analysis and Industry Forecast, 2024-2033
Survival Tools Market
The survival tools market was valued at $1.4 billion in 2023 and is projected to reach $2.8 billion by 2033, growing at a CAGR of 7.2% from 2024 to 2033.
Survival tools are the equipment & supplies essential for individuals to endure in emergency and challenging situations. These tools aid people in addressing the instant requirements for shelter, food, water, warmth, and security. Knives, multi-functional tools, firelighters, collapsible water bottles, sleeping bags, paracord, signal mirrors, first-aid kits, and portable stoves are some of the essential survival tools required in case of emergencies.
Increase in the popularity of outdoor activities such as camping, hiking, and mountaineering is a key driver of the survival tools market. In addition, rise in awareness regarding preparedness against natural or man-made disasters to sustain in unpredictable situations augments the development of the market significantly. A key trend gaining prominence in the survival tools market is the integration of technology into the equipment. GPS-enabled devices and smart survival kits with the ability to adapt to different scenarios are projected to dominate the market in coming years. Such tech-integrated devices are expected to elevate the connectedness of individuals in urgent situations.
However, the high cost of advanced survival tools deters several individuals from purchasing them, which acts as a major restraint for the market growth. Furthermore, potential lack of power supply during emergencies is projected to make the tech-integrated survival tools non-functional, thereby hampering the market development. On the contrary, the elevating trend of prepping up is poised to present lucrative opportunities for market expansion in coming years. According to a 2023 survey by Finder—a global fintech firm—approximately one-third of the adult population in the U.S. has invested in emergency preparedness supplies. Therefore, the transition toward readiness is expected to open new growth avenues for the market.
Segment ReviewThe survival tools market is segmented into product type, application, distribution channel, and region. On the basis of product type, the market is divided into pocket tools, first aid kit, compass, and others. Depending on application, it is classified into hiking, hunting & fishing, camping, and others. As per distribution channel, it is categorized into specialty stores, online stores, supermarkets/hypermarkets, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key FindingsOn the basis of product type, the pocket tools segment dominated the market in 2023.
Depending on application, the hiking segment acquired a high stake in the market in 2023.
As per distribution channel, the specialty stores segment held a high share of the market in 2023.
Region wise, North America was the highest revenue generator in 2023.
Competition AnalysisThe leading players operating in the global survival tools market include The 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. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.
Key Market SegmentsBy Product TypePocket Tools
First Aid Kit
Compass
Others
By ApplicationHiking
Hunting Fishing
Camping
Others
By Distribution ChannelSpecialty Stores
Online Stores
Supermarkets/Hypermarkets
Others
By RegionNorth America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market PlayersThe Coleman Company, Inc.
EXXEL OUTDOORS, LLC
Fenix Outdoors International AG
Fiskars Group
Johnson & Johnson
Leatherman Tool Group, Inc
SOG Specialty Knives & Tools
Surefire, LLC
UST Brands