The awareness of self-defense in people for any type of battle has led people to the adoption of sticks for self-defense and walking. As a result, leading market participants are focused on developing more portable sticks with innovative ideas that are adaptive to the necessary situations. The market is set to witness a CAGR of 6.2% during 2021-2031.
What is Driving Demand for Portable Stick?
The primary element driving the market internationally is the growing incidences of civil unrest around the world. Recreational activities such as camping and hunting, in addition to civil unrest, contribute to the demand for self-defense sticks.
Furthermore, the availability of a variety of easy personal safety items from manufacturers is helping the industry in gaining widespread popularity among customers. Manufacturers are likewise concentrating on designing sticks with multi-functionalities.
These sticks are an essential tool for individuals because of their compact size and folding feature with a lock. It can be used for a variety of purposes, including combat and self-defense in dangerous situations. People’s need for self-defense and survival is predicted to contribute to the demand for portable sticks, consequently propelling the global market in upward projections.
Moreover, the features of collapsible type, lightweight, shockproof mechanism with adjustable length is another driving factor. The ease-of-usability might be the factor leading to the preference of such sticks across population and has led a pathway for the growing market.
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Trend of Walking Stick as a Self-Defense Tool Likely To Augment Sales
People have long been taught how to defend themselves using a walking stick. When assaulted, a walking stick is likely to be the only weapon in the hands of the average individual. Besides, blind people frequently use their cane for self-defense and to avoid other obstacles.
Young people are becoming increasingly interested in cane combat systems such as taekwondo, judo, and jujitsu in order to get competency in handling a battling situation. Special certifications and classes for gaining such abilities have been a trend for a long time, which has had a favorable impact on market growth.
In addition, police agencies, security guards, and other defense sectors have been regularly adopting such equipment for self-defense in dangerous situations. The fact that it can be learned in a very short amount of time without requiring vigorous activity and that it can be learned by men, women, and children of all ages has been an appealing point for new consumers.
Impact of COVID-19 on Portable Stick Market
The pandemic has resulted in dramatic loss of businesses worldwide and has presented unprecedented challenges for the smart cane market growth. Numerous enterprises have been facing existential threats. In absence of the means to earn an income the workers are facing challenges in their daily livelihood.
The economic disruptions to the logistics and supply chain has also devastated the labor and employment on global scale, thereby, restraining the growth of smart cane market. The lack of raw materials and other facilities are hampering the manufacturers of smart cane leading to a huge loss and is likely to restrain the smart cane market growth.
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US and Canada Portable Stick Market Outlook
In terms of market share, North America has been the most significant contributor in global market. The majority of demand comes from consumers in the United States who use folding sticks, walking sticks, and other multipurpose sticks. Over the projected period, a rapid increase in spending in research & development of more efficient self-defense weapons for civilians is expected to enhance market growth.
Furthermore, rising crime rates in Canada are forcing significant changes in government legislation, which is projected to broaden the market’s scope.
Europe Demand Outlook for Portable Stick
The market for self-defense items in Europe is expected to increase at a rapid pace. Terrorist attacks, burglaries, and vandalism are all on the rise in Europe, which is boosting the need for self-defense products. Furthermore, the region’s high self-defense actions are fueling a substantial demand for personal defense tools.
The rise in recorded female attacks has increased women’s anxiety and insecurity, which has resulted in increased sales of self-defense gear such as pepper spray, batons, and other similar items in Europe. In addition, the entry of large numbers of migrants and refugees in Europe across the area is driving demand for self-defense equipment.
Who are the Key Manufacturers and Suppliers of Portable Stick?
Some of the leading manufacturers and suppliers of self-defense stick include
- Euro Security Products s.r.o. (Ltd.)
- Richmond Kung Fu, pew pew tactical
- The Stinger Tools
- Thrill Ltd. (Farbge)
- FAST STRIKE EUROPE
- Mace Europe and among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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