Global Fire Bucket Market Overview:
Fire buckets are an effective and traditional way to stop a fire in its tracks. Buckets are filled with water, sand, or absorbent material and then dumped on the fire in order to smother it. The buckets are usually bright red and labeled “FIRE” so that they are easily visible and so that they are not used for other purposes. Fire buckets have been largely superseded by more technologically advanced and sophisticated types of firefighting, such as Fire Extinguishers, they retain several distinct advantages. Fire buckets are much cheaper than other firefighting products, they can be used very easily and quickly refilled which is boosting the demand for the market.
- High Demand for Fire Bucket in Numerous Industries
- Increasing Awareness about Safety against Fire Incidents
- Stringent Government Regulation about Safety
- Robust Increase in the Distribution Channels
- Fluctuations in the Raw Material Prices
- Huge Opportunity due to Growing Building & Construction Industry
- Growth Potential in Developing Countries
The market is fragmented by numerous players and they are involved in active participation in improving their product portfolios by providing the best fire detection system keeping in mind the safety concerns.
Some of the key players profiled in the report are Fire Depot (United Kingdom), Nitin Fire Protection Inds (India), Cease Fire & Electrical Services (India), Mitras Technocrafts Pvt. Ltd (India), Pavlo Engineers Private Limited (India), Fireoxine Safety Industries (India), Guangxi Xinhuilai Import and Export Trading Co., Ltd. (China), Zhenjiang Matchau Marine Equipment Co., Ltd. (China) and Wofu Fire & Security Equipment Co., Ltd. (China). Considering Market by Material , the sub-segment i.e. Mild Steel will boost the Fire Bucket market. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Fire Bucket market. Considering Market by Capacity (Ltr), the sub-segment i.e. 7.5 Ltr will boost the Fire Bucket market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fire Bucket market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fire Bucket market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Fire Bucket Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.