| Product Code: ETC5224683 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Hong Kong fire extinguishers import market in 2024 continues to see significant concentration, with top exporters being China, USA, Singapore, Malaysia, and the UK. The Herfindahl-Hirschman Index (HHI) indicates a shift towards very high concentration compared to the previous year. Despite a moderate compound annual growth rate (CAGR) of 2.99% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -23.07%. This suggests potential challenges or shifts in the market dynamics that importers and industry players should closely monitor for strategic decision-making.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Fire Extinguishers Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Fire Extinguishers Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Fire Extinguishers Market - Industry Life Cycle |
3.4 Hong Kong Fire Extinguishers Market - Porter's Five Forces |
3.5 Hong Kong Fire Extinguishers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Hong Kong Fire Extinguishers Market Revenues & Volume Share, By Fire Type, 2021 & 2031F |
3.7 Hong Kong Fire Extinguishers Market Revenues & Volume Share, By Agents, 2021 & 2031F |
3.8 Hong Kong Fire Extinguishers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Hong Kong Fire Extinguishers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent safety regulations and building codes in Hong Kong requiring fire extinguishers in commercial and residential properties. |
4.2.2 Increasing awareness among individuals and organizations about the importance of fire safety measures. |
4.2.3 Growth in construction activities and infrastructure development leading to higher demand for fire extinguishers. |
4.2.4 Rising incidents of fire accidents driving the need for fire safety equipment. |
4.2.5 Technological advancements in fire extinguisher manufacturing leading to improved efficiency and effectiveness. |
4.3 Market Restraints |
4.3.1 Price sensitivity among consumers and businesses impacting the adoption of fire extinguishers. |
4.3.2 Limited awareness about the different types of fire extinguishers available and their appropriate usage. |
4.3.3 Challenges in proper maintenance and servicing of fire extinguishers, leading to potential malfunction during emergencies. |
4.3.4 Competition from alternative fire safety solutions such as sprinkler systems or fire suppression systems. |
5 Hong Kong Fire Extinguishers Market Trends |
6 Hong Kong Fire Extinguishers Market Segmentations |
6.1 Hong Kong Fire Extinguishers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Fire Extinguishers Market Revenues & Volume, By Automatic Fire Extinguishers, 2021-2031F |
6.1.3 Hong Kong Fire Extinguishers Market Revenues & Volume, By Regular Dry Chemical, 2021-2031F |
6.1.4 Hong Kong Fire Extinguishers Market Revenues & Volume, By Multi-Purpose Dry Chemical, 2021-2031F | 6.1.6 Hong Kong Fire Extinguishers Market Revenues & Volume, By Portable Fire Extinguishers, 2021-2031F |
6.1.6 Hong Kong Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Hong Kong Fire Extinguishers Market, By Fire Type |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Fire Extinguishers Market Revenues & Volume, By Cooking, 2021-2031F |
6.2.3 Hong Kong Fire Extinguishers Market Revenues & Volume, By Electrical Equipment, 2021-2031F |
6.2.4 Hong Kong Fire Extinguishers Market Revenues & Volume, By Flammable Liquids, 2021-2031F |
6.2.5 Hong Kong Fire Extinguishers Market Revenues & Volume, By Solids, 2021-2031F |
6.2.6 Hong Kong Fire Extinguishers Market Revenues & Volume, By Flammable Gasses, 2021-2031F |
6.2.7 Hong Kong Fire Extinguishers Market Revenues & Volume, By Combustible Metals, 2021-2031F |
6.3 Hong Kong Fire Extinguishers Market, By Agents |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Fire Extinguishers Market Revenues & Volume, By Aqueous Film Forming Foams, 2021-2031F |
6.3.3 Hong Kong Fire Extinguishers Market Revenues & Volume, By Potassium Bicarbonate, 2021-2031F |
6.3.4 Hong Kong Fire Extinguishers Market Revenues & Volume, By Mono Ammonium Phosphate, 2021-2031F |
6.3.5 Hong Kong Fire Extinguishers Market Revenues & Volume, By Sodium Bicarbonate, 2021-2031F |
6.3.6 Hong Kong Fire Extinguishers Market Revenues & Volume, By Carbon Dioxide, 2021-2031F |
6.3.7 Hong Kong Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F |
6.4 Hong Kong Fire Extinguishers Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Fire Extinguishers Market Revenues & Volume, By Manufacturing and Construction Sites, 2021-2031F |
6.4.3 Hong Kong Fire Extinguishers Market Revenues & Volume, By Warehouses, 2021-2031F |
6.4.4 Hong Kong Fire Extinguishers Market Revenues & Volume, By Residential, 2021-2031F |
6.4.5 Hong Kong Fire Extinguishers Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.6 Hong Kong Fire Extinguishers Market Revenues & Volume, By Factories and Food Processing Plants, 2021-2031F |
6.4.7 Hong Kong Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Fire Extinguishers Market Import-Export Trade Statistics |
7.1 Hong Kong Fire Extinguishers Market Export to Major Countries |
7.2 Hong Kong Fire Extinguishers Market Imports from Major Countries |
8 Hong Kong Fire Extinguishers Market Key Performance Indicators |
8.1 Number of fire safety training sessions conducted annually in Hong Kong. |
8.2 Percentage of buildings compliant with fire safety regulations regarding fire extinguisher installations. |
8.3 Rate of adoption of smart fire extinguisher technologies in the market. |
8.4 Frequency of fire incidents in commercial and residential properties. |
8.5 Compliance rate of fire extinguisher maintenance schedules in Hong Kong. |
9 Hong Kong Fire Extinguishers Market - Opportunity Assessment |
9.1 Hong Kong Fire Extinguishers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Hong Kong Fire Extinguishers Market Opportunity Assessment, By Fire Type, 2021 & 2031F |
9.3 Hong Kong Fire Extinguishers Market Opportunity Assessment, By Agents, 2021 & 2031F |
9.4 Hong Kong Fire Extinguishers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Hong Kong Fire Extinguishers Market - Competitive Landscape |
10.1 Hong Kong Fire Extinguishers Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Fire Extinguishers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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