Portable Fire Extinguisher Market To Reach $20.00 Billion By 2030

Portable Fire Extinguisher Market Growth & Trends

The global portable fire extinguisher market size is estimated to reach USD 20.00 billion by 2030, expanding at a CAGR of 10.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. The increasing awareness among customers about these products is expected to boost the industry growth. In addition, the rising product demand from the manufacturing industry and commercial & officebuildings is driving the industry. The COVID-19 pandemic affected the global economy. To break the chain and virus spread, lockdown orders were imposed by various countries around the world. This had a devastating impact on the supply chain, applications, and trade & development of the portable fire extinguisher industry.

Moreover, therewas a reduction in the number of installations of new fire extinguishers in commercial and industrial applications. The increasing demand for eco-friendly fire suppression systems is expected to open growth opportunities for the industry. For instance, in 2020, Win Time Technology of Taiwan introduced a revolutionary, eco-friendly fire extinguisher at the annual meet of NoAW (No Agriculture Waste), a European Horizon 2020 research & development project. Later on, the product received widespread recognition from more than 20 countries. In terms of value, the dry chemical segment dominated the industryin 2021.

Dry chemical extinguishers comprise a non-flammable substance that can extinguish different types of fires by forming a layer and cutting off the air supply. They are relatively cost-effective as compared to clean agent extinguishers, which may accelerate segment growth. Asia Pacific held the largest revenue share in 2021 owing to the high awareness levels about fire safety among end-users and the growth of construction activities in emerging economies, such as China and India. Moreover, the increasing demand for smart buildings and intelligent home automation systems, which deliver optimum safety and security, are expected to drive product adoption in Asia Pacific.

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Portable Fire Extinguisher Market Report Highlights

• The non-residential application segment led the industry in 2024 due to the rapid growth of the commercial and industrial sectors

• The class B fire type segment is expected to witness substantial growth over the forecast period

• Class B fire extinguishers are used for a fire involving flammable and combustible liquids

• Asia Pacific was the dominant region in 2024 and is expected to register the fastest CAGR over the forecast period

• The growth of the region is majorly attributed to the need for large infrastructures in developing economies, such as India and China

Portable Fire Extinguisher Market Segmentation

Grand View Research has segmented the global portable fire extinguisher market based on service, application, and region:

Portable Fire Extinguisher Agent Outlook (Revenue, USD Billion, 2018 - 2030)

• Dry Chemical

• Carbon Dioxide

• Water

• Foam

• Others

Portable Fire Extinguisher Fire Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Class A

• Class B

• Class C

• Class D

• Class K

Portable Fire Extinguisher Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Residential

• Non-residential

  • Office Building

  • Retail Stores & Shopping Malls

  • Hospitality

  • Educational Institutions

  • Transportation

  • Entertainment, Leisure, & Sports Venues

  • Healthcare Facilities

  • Manufacturing Plants & Factories

  • Warehouses & Distribution Centers

  • Construction Sites

  • Gas/Fuel Stations

  • Others

Portable Fire Extinguisher Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Central & South America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

List of Key Players in Portable Fire Extinguisher Market

• Amerex Corportation

• Carrier Global Corporation

• Johnson Controls

• Minimax Viking Group

• FlameStop Australia Pvt Ltd.

• Feuerschutz Jockel GmbH & Co.

• Jactone Products Limited

• Chubb Fire & Security

• Morita Holdings Corp.

• Hochiki Corp.