Self-Defense Products Market Analysis Report By Product, By Distribution Channel, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global self-defense products market size was accounted for USD 2.4 billion in 2018. The market is expected to witness a CAGR of 5.9%, from 2019 to 2025. This growth can be attributed to the rising number of incidences due to social unrest. Moreover, the rising number of activities like camping, hunting, and other recreational activities are expected to further fuel the market growth in the upcoming years, 2019 to 2025.

In addition, many manufacturers have started producing a large number of safety products that have compact sizes and multiple uses. These products are becoming popular across the globe. Hence, the market for such products is expected to increase significantly during the forecasted years, 2019 to 2025.

For example, Gerber Knife is an automatic stainless steel knife specially designed with a release button. Gerber also provides folding knives named Tanto that have torch lights. These features being incorporated by manufacturers to enhance the utility of such products are expected to boost sales in the upcoming years.

These knives are also becoming popular among hunters across the globe owing to their self-defense features. Thus, the need for survival and defense among the consumers is anticipated to boost the market demand for foldable knives in the upcoming years.

Product Insights

In 2018, the folding knives product segment held the largest market share of 71.2% across the global market. These knives are being modified in terms of design, features, raw materials, applications, and structures. Moreover, compact sizing of such knives is anticipated to boost the market demand in the upcoming years.

The pepper spray segment is expected to register a CAGR of 5.7% during the forecast period, 2019 to 2025.  It is gaining popularity among women for self-protection owing to its easy usage feature. For example, Unisafe Technologies witnessed a 200% growth in sales of pepper spray.

Distribution channel Insights

In 2018, the sporting goods stores segment of the distribution channel held the largest share of around 55.0% across the global market. This can be attributed to the legal authorization or sale of such products coupled with an increasing number of sporting goods stores.

The online distribution channel segment is expected to witness the highest CAGR during the forecasted years, 2019 to 2025. The rising influence of the internet coupled with the emergence of e-commerce websites like Amazon, Flipkart, and Alibaba is expected to boost the demand for such products.  Moreover, manufacturers have also started to sell their products through their websites to penetrate deeper into the emerging market. 

Regional Insights

In 2018, North America held the largest share of around 30% across the self-defense products market. This can be attributed to the increasing usage of pepper sprays, stun guns, and folding knives among consumers across developed countries like the U.S. and Canada. Moreover, rising investment in R&D for producing self-defense products that could be less harmful and could be used by civilians is also anticipated to drive the market growth in the upcoming years.

Asia Pacific is anticipated to witness the highest CAGR of 6.4% during the forecasted years, 2019 to 2025.  This can be attributed to rising penetration for such products across countries like China and India. In addition, rising problems of civil interest across countries like India, China, and Japan are anticipated to boost the market growth for such products in the upcoming years.

Self Defense Products Market Share Insights

The market for self-defense products includes key players such as Unisafe Technologies; Victorinox; Mace Security International, Inc., GERBER GEAR; Self Defense Weapons; Salt Supply Company; and Axon Entereprise Inc. These manufacturers are constantly focusing on product developments and innovation.

They are also focusing on developing multipurpose products that would serve several purposes apart from self-defense. For example, folding knives are being manufactured by Buck Knives Inc. that could be used for hunting and other purposes. Moreover, such companies are also focusing on producing blade locks for safety purposes.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2025. For the purpose of this study, Million Insights has segmented the global self-defense products market report based product, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2015 - 2025)
    • Pepper Sprays
    • Folding Knives
    • Tactical Gloves
    • Stun Guns
    • Others

• Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
    • Retail Outlets
    • Sporting Goods Stores
    • Online

• Regional Outlook (Revenue, USD Million, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • Italy
        • France
    • the Asia Pacific
        • India
        • China
    • Central & South America
    • Middle East and Africa