The Asia-Pacific self-defense products market is anticipated to grow with a lucrative CAGR of 8.5% during the forecast period (2020-2026). The high rate of homicide, assaults, rapes, and other crimes across the region is driving the adoption of self-defense products among the population, in turn raising the market. The increasing cases of rapes and women assaults are also encouraging women population to use light and easy to use self-defense products such as pepper spray and safety alarms equipped with GPS tracking across the region. In addition to this, the strict laws prohibiting the possession of real guns are also driving the adoption of less-lethal weapons such as stun guns, baton sticks, knives, and many more for self-defense.
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Furthermore, global companies are also expanding their businesses in the Asia-Pacific market. Global companies such as SABRE & MACE are operating in the region. MACE was present in India through a joint venture which is now expanding its operation by opening its production site. The production site will cater to the demands of self-defense products for India as well as the entire South Asia and Southeast Asia region. MACE is expected to have a $1 billion worth of business in the next three years from the Asia-Pacific region.
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- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- (By Product Type, By Distribution Channel)
- Regions Covered- Asia-Pacific
- Competitive Landscape- KnifeIndia, MACE, Oliveplanet Pvt. Ltd., Xboom Utilities Pvt. Ltd., MACE
Key questions addressed by the report
- What is the market growth rate?
- Which segment and country dominate the market in the base year?
- Which segment and country will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Self-Defense Products Market Report Segment
By Product Type
- Pepper Sprays
- Multipurpose Knives
- SOS device & E-Alarm Systems
- Taser & Stun Guns
By Distribution Channel
- Retail Outlets & Sports Stores
- Online Channel
- Direct Purchase
Asia-Pacific Self-Defense Products Market Report Segment by Geography
- Rest of Asia-Pacific
- Aspire Industries
- DEVIL WILL CRY
- Mace Security International Inc.
- Oliveplanet Pvt. Ltd.
- SABRE (Security Equipment Corp.)
- Salt Supply Co.
- Xboom Utilities Pvt. Ltd
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