Kuwait Portable Fire Extinguisher Market Outlook (2019-2025) | Size, Value, Share, Growth, Industry, Revenue, Trends, Analysis, Companies, COVID-19 IMPACT & Forecast

Kuwait Portable Fire Extinguisher Market report comprehensively covers the market by extinguishing agents and by applications. Kuwait portable fire extinguisher market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Kuwait Portable Fire Extinguisher Market Synopsis

Under the New Kuwait Vision 2035, Kuwait’s government is planning to transform Kuwait into a regional financial and commercial hub for the northern Gulf region. Moreover, the government is planning to invest around $100 billion in projects such as information technology, communications, energy, construction, and housing by 2023 under the New Kuwait Vision 2035. However, the outbreak of the COVID-19 pandemic has resulted in a slowdown in the market, especially during 2020 and the market has recovered gradually over the next few years.

According to 6Wresearch, Kuwait portable fire extinguisher market is expected to grow at a CAGR of 1.3% during 2019-2025. Upcoming projects such as $60 billion Urban Housing Projects, $7 billion Kuwait National Rail Network, and $132 billion Burj Mubarak Al Kabir are anticipated to further strengthen the market of portable fire extinguishers across several sectors in the coming years in Kuwait.

Market Analysis By Applications

Globally, Kuwait ranks 6th in the number of proven oil reserves and the sector plays a key role in the economy of the country. The sector experienced a decline during 2014-17, owing to the plummeting prices of crude oil across the Middle East region. However, the sector has been stabilizing after the recovery of crude oil prices during the last quarter of 2017 and upcoming projects such as Jurassic Non-Associated Gas Reserve Expansion and Al Zour Refinery would help the market of portable fire extinguishers to witness growth in the domain during the forecast period.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 6 Years Market Numbers.
• Estimated Data Starting from 2019 to 2025F.
• Base Year: 2018
• Forecast Data until 2025F.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Kuwait Portable Fire Extinguisher Market Overview
• Kuwait Portable Fire Extinguisher Market Outlook
• Kuwait Portable Fire Extinguisher Market Forecast
• Historical Data of Kuwait Portable Fire Extinguisher Market Revenues for the Period 2015-2018.
• Market Size & Forecast of Kuwait Portable Fire Extinguisher Market Revenues until 2025.
• Historical Data of Kuwait Portable Fire Extinguisher Market Revenues for the Period 2015-2018.
• Market Size & Forecast of Kuwait Portable Fire Extinguisher Market Revenues until 2025.
• Historical Data of Kuwait Portable Fire Extinguisher Market Revenues by Types for the Period 2015-2018.
• Market Size & Forecast of Kuwait Portable Fire Extinguisher Market Revenues by Types until 2025.
• Historical Data of Kuwait Portable Fire Extinguisher Market Revenues By Applications for the Period 2015-2018.
• Market Size & Forecast of Kuwait Portable Fire Extinguisher Market Revenues by Applications until 2025.
• Market Drivers and Restraints
• Market Trends and Developments
• Player Market Share and Competitive Landscape
• Company Profiles
• Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Extinguishing Agent

• Dry Chemical
• Carbon Dioxide
• Water Foam
• Others (Clean Agent and Wet Chemical

By Applications

• Residential
• Commercial
• Industrial
• Hospitality & Healthcare
• Retail
• Oil & Gas

Frequently Asked Questions About the Market Study (FAQs):