Portable Fire Extinguisher Market
The market for Portable Fire Extinguisher was estimated at $14.7 billion in 2024; it is anticipated to increase to $27.4 billion by 2030, with projections indicating growth to around $46.0 billion by 2035.
Global Portable Fire Extinguisher Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Portable Fire Extinguisher industry revenue is expected to be around $16.3 billion in 2025 and expected to showcase growth with 10.9% CAGR between 2025 and 2034. The noticeable increase in the Portable Fire Extinguisher market can be attributed to important factors driving its growth momentum forward. Growing concerns for safety and adherence to regulatory standards are playing a crucial role in boosting the demand for fire safety equipment. Moreover the increasing awareness of fire safety protocols and the importance of having emergency response tools have also added to its continued relevance in today's safety focused environment. Industries like manufacturing, construction, oil and gas and residential sectors are identified as players in this growth trajectory due to the essential need for fire safety equipment, in these environments.
The Portable Fire Extinguisher is a tool for quickly putting out small fires in various settings like homes or offices with its user friendly design and effective fire control features that are becoming more popular due to increased focus on fire safety regulations in different environments such as industrial and commercial spaces and public areas where its ease of use and quick response make it an essential safety device that continues to evolve with new technology, like lighter materials and smart features integrated with alarm systems to enhance its functionality further.
Market Key Insights
- The Portable Fire Extinguisher market is projected to grow from $14.7 billion in 2024 to $41.4 billion in 2034. This represents a CAGR of 10.9%, reflecting rising demand across Residential Buildings, Educational Institutions and Commercial Facilities.
- Amerex Corporation, First Alert Inc., CEASEFIRE INDUSTRIES PVT. LTD. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Portable Fire Extinguisher market and are expected to observe the growth CAGR of 8.0% to 11.4% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 10.5% to 13.6%.
- Transition like Transition to Eco-Safe Extinguishers is expected to add $1 billion to the Portable Fire Extinguisher market growth by 2030.
- The Portable Fire Extinguisher market is set to add $26.7 billion between 2024 and 2034, with manufacturer targeting 5-9kg & 10-15kg Capacity projected to gain a larger market share.
- With Increasing incidences of fire-related accidents, and Regulatory enforcement and safety standards, Portable Fire Extinguisher market to expand 181% between 2024 and 2034.