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

Saudi Arabia Portable Fire Extinguisher Market report comprehensively covers the market by extinguishing agents and by applications. Saudi Arabia portable fire extinguisher market report provides an unbiased and detailed analysis of the ongoing 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.

Saudi Arabia Portable Fire Extinguisher Market Synopsis

The economic growth of the country deteriorated in 2017 and 2018, however, revenues from the non-oil sector and major government reforms in association with Saudi Vision 2030 are expected to boost the economy of the country in 2020 and it is projected that GDP growth would rise to over 3% in 2020. However, the outbreak of 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, Saudi Arabia portable fire extinguisher market is expected to grow at a CAGR of 4.4% during 2019-2025. Over the next six years, mega infrastructural development coupled with surging investment by government and private companies, and rising tourism and hospitality industries is anticipated to drive the growth of the fire extinguisher market in Saudi Arabia. Besides, an increase in the number of malls, airports, and metros in the country in the coming years is expected to surge the market for portable fire extinguishers during the forecast period.

Market Analysis By Applications

The oil and gas application dominates the overall Saudi Arabia portable fire extinguisher market. Additionally, the petrochemical, chemical, and fertilizer industries dominate the industrial domain in Saudi Arabia due to the presence of a large number of petrochemical units in the country.

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

• Saudi Arabia Portable Fire Extinguisher Market Overview
• Saudi Arabia Portable Fire Extinguisher Market Outlook
• Saudi Arabia Portable Fire Extinguisher Market Forecast
• Historical Data of Saudi Arabia Portable Fire Extinguisher Market Revenues for the Period 2015-2018.
• Market Size & Forecast of Saudi Arabia Portable Fire Extinguisher Market Revenues until 2025.
• Historical Data of Saudi Arabia Portable Fire Extinguisher Market Revenues for the Period 2015-2018.
• Market Size & Forecast of Saudi Arabia Portable Fire Extinguisher Market Revenues until 2025.
• Historical Data of Saudi Arabia Portable Fire Extinguisher Market Revenues by Types for the Period 2015-2018.
• Market Size & Forecast of Saudi Arabia Portable Fire Extinguisher Market Revenues by Types until 2025.
• Historical Data of Saudi Arabia Portable Fire Extinguisher Market Revenues by Applications for the Period 2015-2018.
• Market Size & Forecast of Saudi Arabia 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):