Based on distribution channel, the market is segregated into specialty store, online store, supermarket/hypermarket and others. By application, it is divided into hiking, hunting & fishing, camping and others.
By product type, it is classified into pocket tools, first aid kit, compass and others. The global survival tools market segments are categorized on the basis of product type, application, distribution channel, and region. 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 sale of survival tools was hampered globally, as the outbreak of covid 19 has led to closure of tourism industry, retail stores and others. Thus, such factors contribute to the growth of the survival tools market, in terms of value sales. 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. The survival tools industry is focusing toward survival tools embedded with automated technology. These survival tools are easily accessible to the customers through various sales channels including supermarket, hypermarket, specialty stores, online stores and others.
These tools include pocket tools, first aid kits, compass and others. 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.Ī 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.
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