Smoke Grenade Market Trends

  • Report ID: 2688
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Smoke Grenade Market Trends

Growth Drivers

Increasing utilization of smoke grenades for controlling the riots and protests

Huge demand for the smoke grenade is created due to rising civil turmoil and internal terrorism in various parts of the globe.

To control the occurrences of violent protests and civil turmoil without the use of lethal force, smoke grenades are heavily preferred by law enforcement bodies, which is expected to boost the demand for the smoke grenade in the forecast period. 

A rise in eco-friendly agents being used for manufacturing smoke grenades

Owing to growing safety concerns and to reduce the toxic contamination,  vendors in the manufacturing industry are using eco-friendly agents in the manufacturing of smoke grenades. This will boost the demand for smoke grenades in the smoke grenade market.

Additionally, technological advancements have led to the creation of new generation smoke grenades that are less lethal and handheld. The technology might help in creating light weights and effective grenade launch systems which will further strengthen the market growth.

Challenges

Toxic pollution and safety risks might hinder the growth

There have been cases of accidental explosions and there is a significant risk of toxic contamination due to smoke grenades. These factors is anticipated to attribute towards the slow smoke grenade market growth of smoke grenades during the forecast period.

 

Smoke Grenade Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

4.5%

Base Year Market Size (2023)

USD 424.91 million

Forecast Year Market Size (2036)

USD 753.02 million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 2688
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of smoke grenade is assessed at USD 440.21 million.

Smoke Grenade Market size was over USD 424.91 million in 2023 and is projected to reach USD 753.02 million by 2036, witnessing around 4.5% CAGR during the forecast period i.e., between 2024-2036.

North America industry is estimated to hold largest revenue share by 2036, owing to huge investments in the smoke grenade market by the companies operating in the U.S. and Canada, and substantial use of diverse non-lethal weapons by law administering bodies to monitor the violent gatherings.

The major players in the market are Chemring Group PLC, Condor Non-Lethal Technologies, Combined Systems, Inc., DAEKWANG CHEMICAL Co., Ltd., Enola Gaye, Rheinmetall AG, Safariland, LLC, Sport Smoke, LLC, and others.
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