Global self-defense products market was worth USD 2.4 billion in 2018. It is projected to grow at 5.9% CAGR between 2019 and 2025. The global market is driven by rising civil unrest around the world. The demand for self-defense arms is not only driven by civil tensions but also recreational activities like hunting and camping.
The market is also being accepted by consumers because it offers a variety of personal safety products that are convenient. Manufacturers are also working hard to develop compact products that have more than one feature.
Gerber Auto Knife, a fully-automatic stainless steel tool with a release button that is large enough to be used easily, is an example. Gerber also offers folding Tanto Knives with torch lights. These integrations will enhance the functionality and performance of folding knives which will in turn favor market growth.
Hunting is a popular outdoor activity in America. This is driving demand for folding knives that can be used to defend oneself and other purposes. About 11.5 million hunters aged 16 and over participated in American hunting activities in 2016.
These knives are essential tools for hunters due to their compact size and folding function with a lock blade. These knives can be used for many purposes, including skinning and other hunting activities. Folding knives are expected to be in high demand because of their ability to help hunters survive and self-defense. This will fuel the global market.
The largest share, 71.2%, was attributed to folding knives in 2018. The product has been modified in many ways since the introduction of folding knives. These include utility features, design, raw materials, knife structures and appropriate applications. Consumers are increasingly looking for compact folding knives because of their versatility and small size.
Manufacturers have made it their mission to accommodate multiple features and tools in a single folding knife. The James Brand has an updated folding knife, Elko, that features a titanium handle and doubles as a keyring. The Elko features a 1.79-inch blade with a nail nick and opens with a razor thin point. As an additional utility, the keyring point can also be used as a screwdriver or a light pry instrument in a pinch.
The popularity of pepper sprays has been high and they are expected to grow at a 5.7% CAGR over the forecast period. Because pepper sprays are becoming more popular among women, they have gained increasing acceptance in the international market as a convenient and effective self-defense tool. Unisafe Technologies, a well-known spray manufacturer, has seen a 200% increase in sales. This is mainly due to the increased demand from women.
Sporting goods stores had the highest share at 55.0% according to the distribution channel in 2018. This distribution channel is popular because it allows for easy availability and legal authorization to sell these products.
These products will see the greatest growth in online distribution over the next few years. Manufacturers are turning to more convenient distribution methods to reach large customer bases due to the growing tech-savvy population and increasing popularity of online shopping. Some of the most popular suppliers of personal defence products are third-party retailers like Amazon.com and PepperEyes.com.
The largest share, 30.0%, was held by North America in 2018. The majority of the demand comes from Americans who use stun guns, pepper sprays and folding knives. The market is expected to grow rapidly due to increased investments in the research and development of safer self-defense weapons for civilians. The market will be able to expand due to the fact that Canada's crime rate is increasing.
Asia Pacific will experience the highest CAGR of 6.4% between 2019 and 2025. This market is primarily driven by India's increasing penetration of these products. The market will see a rise in demand due to the increasing civil unrest in India, China, Japan and other countries.
Victorinox, Unisafe Technologies, GERBER GEAR, SABRE Security Equipment Corporation, Mace Security International, Inc., Axon Entereprise Inc., Salt Supply Company, and Self Defense Weapons are some of the major players in the global market. Companies are working to develop new products that integrate multiple utility tools, with the goal of facilitating indoor and outdoor activities as well as self-defense.
Buck knives Inc., for example, makes folding knives suitable for heavy duty applications. To aid in survival and self-defense, the company also makes tactical knives and hunting knives. Companies are also focusing on the development of advanced blade locks to ensure safety. SOG Knives, for example, focuses on manufacturing folding knives with advanced locking mechanisms like liner, piston and cam locks.
This report predicts revenue growth at all levels, including country, regional and global. It also provides analysis of the most recent trends and opportunities for each sub-segment from 2015 to 2025. Grand View Research has divided the global self-defense products market report by product, distribution channel and region.
Product Outlook (Revenue USD Million, 2015-2025)
Pepper Sprays
Folding Knives
Tactical Gloves
Stun Guns
Other
Distribution Channel Outlook (Revenue USD Million, 2015-2025)
Retail Outlets
Sporting Goods Stores
Online
Regional Outlook (Revenue USD Million, 2015-2025)
North America
The U.S.
Europe
Italy
France
Asia Pacific
India
China
Central & South America
Middle East & Africa (MEA)
b. Global self-defense market size was USD 2.58 billion in 2019, and is projected to rise to USD 2.72 billion by 2020.
How is the growth of the market for self-defense products?b. Global self-defense products will grow at a compound annual rate of 5.9% between 2019 and 2025, reaching USD 3.64 billion in 2025.
Which segment had the largest market share for self-defense products?b. With a 30% share in 2019, North America was the dominant market for self-defense products. This can be attributed to the increasing investments in research and development for less harmful self defense weapons within the region.
What are the major players in the market for self-defense products?b. b.
What are the driving factors for the market for self-defense products?b. Market growth is being driven by the growing incidences worldwide of civil unrest and increasing availability of personal safety products.
Up Market Research published a new report titled “Self-Defense Products Market research report which is segmented by Product (Folding Knives, Pepper Sprays), By Players/Companies Victorinox; Unisafe Technologies; GERBER GEAR; SABRE Security Equipment Corporation; Mace Security International, Inc; Axon Entereprise Inc; Salt Supply Company; and Self Defense Weapons”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Self-Defense Products Market Research Report |
By Product | Folding Knives, Pepper Sprays |
By Companies | Victorinox; Unisafe Technologies; GERBER GEAR; SABRE Security Equipment Corporation; Mace Security International, Inc; Axon Entereprise Inc; Salt Supply Company; and Self Defense Weapons |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 237 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Product (Folding Knives, Pepper Sprays).
Self-Defense Products Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Self-Defense Products Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Self-Defense Products Market Report:
Some other reports from this category!