Global Portable Fire Extinguisher Market is valued approximately at USD XXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Portable fire extinguisher comes mainly in the form of Dry Chemical and Carbon Dioxide this is mainly used in the residential and non-residential sectors. These fire extinguishers are not only cheap but also comes in variety of forms which are primarily suited for the ultimate end user industries, as per their needs and convenience. Cohesive government regulations towards installation of fire extinguishers and increasing number of industrial and household causations are factors contributing to the market growth. For instance: according to NFPA, there are approximately 358,500 households that went through structural fire every year, starting from the year 2018. Also, according to FEMA, Federal Emergency Management Agency of 3000 or more Americans died of the house fire in the same year. However, increased availability of substitutes such as automated smoke and fire detectors and sprinkling systems and increasing competition between the key players in the market impedes the growth of the market over the forecast period of 2021-2027. Also, increasing number of movable and portable fire extinguishers and increasing awareness of the common towards safety and security concerns is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Portable Fire Extinguisher market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation, Asia Pacific is the significant region in terms of largest market share, across the world owing to increasing infrastructural developments Whereas, Middle East is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as increasing government regulations coupled with raising safety and security concerns would create lucrative growth prospects for the Portable Fire Extinguisher market across Middle East region.

Major market player included in this report are:
Hochiki Corporation
Amerex Corporation
Activar Inc
Britannia Fire ltd
Desautel SaS
Flame Stop Australia Pty Ltd
Hatsuta Seisakusho Co ltd
Feuerschutz Jockel GmbH & Co Kg
Ceasefire Industries Pvt Ltd
Yamato Protec Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product type:
Dry Chemical
Carbon Dioxide
By Application:
Non residential
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Portable Fire Extinguisher Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers