Global Fire Extinguishers Market Size, Share, Growth Analysis Report - Forecast 2034

Global Fire Extinguishers Market: Industry Perspective

The global fire extinguishers market size was worth around USD 4.27 Billion in 2024 and is predicted to grow to around USD 7.64 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 6% between 2025 and 2034. The report analyzes the global fire extinguishers market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the fire extinguishers industry.

The market report offers quantitative and qualitative insights into the key drivers, opportunities, constraints, and challenges impacting global fire extinguishers market growth.

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Global Fire Extinguishers Market: Overview

Fire extinguishers are active fire protection devices that act as safety tools that are used for turning off fires and saving human lives and property. These are used for controlling small fires in emergency cases. The fire protection sector has an increasing demand for fire extinguishers. A fire extinguisher helps in extinguishing the fire and controls the fire from spreading to the surrounding. A fire extinguisher has a pressure vessel that can be hand-held and is generally in a cylinder shape; in that, there is an agent which when discharged extinguishes the fire. Fire extinguishers are also manufactured in non-cylindrical pressure vessels, but they are not used commonly.

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Global Fire Extinguishers Market: Growth Factors

Increase in the construction of buildings and infrastructural activities drive the growth of the market

The increased and compulsory implementation of the safety norms that are implemented by the government for the industries is the major factor that is driving the global fire extinguishers market. The other factors that attribute to the growth of the market include the rise in the investments that are made by the industries for fire safety and the technological developments that are made in the equipment used for safety purposes, thereby triggering the demand for the market. The market is also influenced by insurance companies since they are making it compulsory to install a fire extinguisher in buildings whose interests are protected by insurance policies. The demand for portable fire extinguishers is high owing to the increasing preferences from customers due to their lightweight nature. An increase in infrastructural activities is also a factor that contributes to market growth, as fire extinguishers are compulsory in residential and commercial projects.

Restraints:

Lack of trained professionals and high cost of advanced fire extinguisher systems might hinder the growth of the market

The fire extinguishers market faces certain restraints such as the high cost of advanced fire extinguisher systems, which can limit adoption in price-sensitive markets. Additionally, the availability of substitutes such as fire sprinkler systems and fire-resistant materials could also limit the fire extinguisher industry growth. Furthermore, the lack of trained professionals to handle and operate fire extinguishers could also pose a challenge.

Opportunities:

Surge in demand for water-based fire extinguishers might create ample opportunities for the market

The demand for water-based fire extinguishers is also increasing since it is safe and effective to use because the water molecules help the oxygen level to decrease and suffocate the fire quickly. Most importantly, deionized water can be used on electrical fires as it acts as a bad conductor. The residential use of fire extinguishers is also increasing as most of the fire cases are found in residential areas like single and 2-family homes. The key players in fire extinguisher market have also started manufacturing eco-friendly extinguishers which do not emit toxic gases. These factors create ample opportunities for the growth of the market.

Challenges:

Prevalence of regulations and lack of standardization in fire safety codes might act as a challenge

The global fire extinguishers market faces several challenges, such as the need to constantly innovate and develop new technologies to keep up with changing fire safety regulations and requirements. Additionally, the lack of standardization in fire safety codes and regulations across different regions and countries could create challenges for companies operating in multiple locations. The market also faces challenges related to distribution channels and supply chain management, as the heavyweight and hazardous nature of fire extinguishers can make transportation and storage difficult. Lastly, increasing competition and the presence of numerous players in the market could make it challenging for new entrants to establish themselves and compete effectively.

Recent Developments

• In August 2024, Amerex Corporation, a leading manufacturer of fire extinguishers, announced the launch of its new line of environmentally-friendly water mist fire extinguishers. The new line features a patented nozzle design that uses less water while producing a more effective mist, making it an ideal option for areas with sensitive equipment or electronics.
• In June 2024, Johnson Controls, a leading manufacturer of fire protection systems and equipment, announced the acquisition of Silent-Aire, a manufacturer of mission-critical data center cooling and infrastructure solutions. The acquisition will enable Johnson Controls to expand its offerings and provide customers with comprehensive fire protection and infrastructure solutions.

Key Insights

• As per the analysis shared by our research analyst, the global fire extinguishers market is estimated to grow annually at a CAGR of around 6% over the forecast period (2025-2034).
• Regarding revenue, the global fire extinguishers market size was valued at around USD 4.27 Billion in 2024 and is projected to reach USD 7.64 Billion by 2034.
• The fire extinguishers market is projected to grow at a significant rate due to increasing awareness of fire hazards, rapid urbanization, and technological advancements in fire suppression systems.
• Based on Product Type, the Water segment is expected to lead the global market.
• On the basis of Fire Type, the Class A Extinguisher segment is growing at a high rate and will continue to dominate the global market.
• Based on the End Use Sector, the Residential segment is projected to swipe the largest market share.
• Based on region, North America is predicted to dominate the global market during the forecast period.

Global Fire Extinguishers Market Report Scope:

Global Fire Extinguishers Market: Segmentation Analysis

The global fire extinguishers market is segmented based on Product Type, Fire Type, End Use Sector, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2025 to 2034.

Based on Product Type, the global fire extinguishers market is divided into Water, Wet Chemical Dry Powder, Carbon Dioxide, Dry Chemical, Others.

On the basis of Fire Type, the global fire extinguishers market is bifurcated into Class A Extinguisher, Class B Extinguishers, Class C Extinguishers, Class D Extinguishers, Class K Extinguishers.

By End Use Sector, the global fire extinguishers market is split into Residential, Commercial, Industrial, Public Areas, Others.

The Regional, this segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America,and the Middle East and Africa.

Global Fire Extinguishers Market: Regional Analysis

The fire extinguishers market shows diverse regional dynamics, with North America leading due to stringent fire safety regulations, widespread commercial infrastructure, and high awareness about safety standards. Europe follows closely, driven by rigorous building codes and increased adoption in residential, industrial, and automotive sectors. In Asia-Pacific, rapid urbanization, booming construction activities, and growing industrialization in countries like China and India are propelling significant market growth, alongside rising government initiatives to improve fire safety compliance. Meanwhile, regions like the Middle East, Africa, and Latin America are experiencing steady growth, fueled by expanding infrastructure projects, increasing investments in oil and gas facilities, and heightened focus on workplace safety across emerging economies.

Global Fire Extinguishers Market: Competitive Analysis

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the fire extinguishers market on a global and regional basis.

The global fire extinguishers market is dominated by players like:

• Johnson Controls International
• United Technologies Corporation
• Amerex Corporation
• Minimax Viking Group
• Kidde Fire Systems
• FirePro Systems
• Safex Fire Services
• National Fire Fighting Manufacturing FZCO (NAFFCO)
• Honeywell International Inc.
• BRK Brands Inc

Global Fire Extinguishers Market: Segmentation Analysis

The global fire extinguishers market is segmented as follows;

By Product Type

• Water
• Wet Chemical Dry Powder
• Carbon Dioxide
• Dry Chemical
• Others

By Fire Type

• Class A Extinguisher
• Class B Extinguishers
• Class C Extinguishers
• Class D Extinguishers
• Class K Extinguishers

By End Use Sector

• Residential
• Commercial
• Industrial
• Public Areas
• Others

Global Fire Extinguishers Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America