PUBLISHER: The Business Research Company | PRODUCT CODE: 1678257
PUBLISHER: The Business Research Company | PRODUCT CODE: 1678257
A portable fire extinguisher is a compact device containing liquid, powder, or gases designed for extinguishing or reducing fires. It functions by releasing an extinguishing substance that cools the fuel, replaces oxygen, or interrupts the chemical reaction causing the fire. Typically, it is deployed for minor, localized fires that do not involve highly combustible materials.
The main types of agents involved in portable fire extinguishers are chemical-based, water-based, CO2-based, metal-based, powdered-based, and foam-based. A chemical-based agent refers to a substance with a distinct molecular composition and properties resulting from a combination of atoms or molecules. These are used to extinguish various types of fire, including class A, class B, class C, class D, and class K. These are sold through various distribution channels, such as online and offline, and are used for several applications, including residential, industrial, manufacturing, construction, warehouses, factories, commercial, and vehicles.
The portable fire extinguisher market research report is one of a series of new reports from The Business Research Company that provides portable fire extinguisher market statistics, including portable fire extinguisher industry global market size, regional shares, competitors with a portable fire extinguisher market share, detailed portable fire extinguisher market segments, market trends and opportunities, and any further data you may need to thrive in the portable fire extinguisher industry. This portable fire extinguisher market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The portable fire extinguisher market size has grown steadily in recent years. It will grow from $6.87 billion in 2024 to $7.21 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to stringent fire safety regulations, industrial growth, commercial infrastructure development, stringent fire safety regulations, increasing urbanization.
The portable fire extinguisher market size is expected to see strong growth in the next few years. It will grow to $9.2 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to smart fire safety solution, renewed emphasis on residential safety, e-commerce growth, rising construction activities, global climate changes. Major trends in the forecast period include strategic partnerships, technological advancements, IoT integration for monitoring, environmentally friendly extinguishing agents, advanced fire detection technologies.
The portable fire extinguisher market is anticipated to experience growth, driven by the increasing number of transportation vehicles. These vehicles, including buses, coaches, and minibuses, utilize portable fire extinguishers as essential safety equipment to combat onboard fires. Additionally, certain countries mandate the installation of fire extinguishers in vehicles transporting inflammable materials, contributing to improved road safety. For example, in January 2023, the National Automobile Dealers Association (NADA) reported 13.7 million new light-vehicle sales in the United States, with an expected 6.6% increase to 14.6 million in 2023.
Increasing consumer awareness of personal safety and property protection is anticipated to drive the growth of the portable fire extinguisher market in the coming years. Personal safety encompasses actions taken to ensure individual well-being and security during emergencies, while property protection involves safeguarding assets during such events. A rise in fire-related incidents in commercial and residential spaces has heightened demand for portable fire extinguishers, as consumers increasingly recognize their importance in preventing property damage and ensuring safety. For example, in April 2023, the College of Policing, a professional body for police in the UK, announced that by April 2024, all police forces in England and Wales will adopt a new national curriculum requiring officers to complete a minimum of 12 hours of annual public and personal safety training. Thus, the growing consumer focus on safety and asset protection is driving the expansion of the portable fire extinguisher market.
Leading companies in the portable fire extinguisher market are prioritizing innovative product development, such as obtaining SANS 1910 approval, which would make them the first in South Africa to secure certification for lithium fire extinguishing capabilities. SANS 1910 is a safety standard from the South African Bureau of Standards (SABS) that outlines requirements for personal protective equipment across industries. For instance, in October 2024, Safequip (Pty) Ltd, a South African fire solutions company, introduced the Lith-Ex Fire Extinguisher Range, a significant advancement in fire safety. This new range of lithium-ion battery extinguishers utilizes Aqueous Vermiculite Dispersion (AVD) technology for efficient suppression and cooling. These extinguishers meet international standards and are UL-certified, with SANS 1910 approval expected soon. Designed to address the growing risk of lithium-ion battery fires, they also feature measures to prevent re-ignition.
Mmajor players in the portable fire extinguisher market are emphasizing strategic partnerships to deliver reliable services to their customers. A strategic partnership involves collaboration between two or more companies or organizations to mutually achieve their goals. For instance, in August 2023, Packaging and Crating Technologies, a leading US-based manufacturer of industrial packaging and crating solutions, collaborated with Fireproof Solutions Inc., a US-based company specializing in fireproof packaging for shipping or storing lithium-ion batteries. Together, they launched Lion-X, a fire extinguishing solution designed to rapidly contain and extinguish fires involving lithium-ion batteries (LIBs), battery packs, and chargers. Lion-X, a water-based, premixed substance, aspirates from a nozzle to generate low-expansion foam. This solution can be manually or automatically sprayed using both wheeled and portable extinguishers. Lion-X can effectively extinguish LIB fires in 30 seconds or less at temperatures as high as 1,600 degrees Fahrenheit, while also minimizing the production of methane or hydrogen during lithium-ion burns.
In August 2024, Summit Fire & Security, a U.S.-based fire protection and security company, acquired West Fire Extinguisher Service for an undisclosed amount. This acquisition aims to bolster Summit's presence in the U.S. fire protection and security market by expanding its fire safety, extinguisher services, and compliance offerings. West Fire Extinguisher Service is a Georgia-based fire protection company.
Major companies operating in the portable fire extinguisher market include Hochiki Corporation, Johnson Controls International PLC, Morita Holdings Corporation, Nationwide Fire Extinguishers, Minimax GmbH & Company KG, Britannia Fire, Ansul, First Alert Inc., Kidde Fire Systems, Yamato Protec Corporation, Ceasefire Industries Pvt Ltd., Desautel, Amerex Corporation, Activar Construction Products Group, Tyco Fire Products LP, Jorgensen Co, FlameStop Australia Pty. Ltd., Kanex Fire, JL Industries Inc., Safelincs Ltd., Fireboy-Xintex, Safety Technology International Inc. (STI), Strike First Corporation, Buckeye Fire Equipment, Badger Fire Protection, Elide Fire USA, Feuerschutz Jockel GmbH & Co KG, Hatsuta Seisakusho Co Ltd., Fest Fire Security
Asia-Pacific was the largest region in the portable fire extinguisher market in 2024. The regions covered in the portable fire extinguisher market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the portable fire extinguisher market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The portable fire extinguisher market consists of sales of products such as carbon dioxide fire extinguishers, foam fire extinguishers, dry powder fire extinguishers, and wet chemical fire extinguishers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Portable Fire Extinguisher Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on portable fire extinguisher market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for portable fire extinguisher ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The portable fire extinguisher market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.