Pepper Spray Market Summary
As per Market Research Future Analysis, the global pepper spray market is projected to reach approximately USD 58.7 million by 2028, growing at a CAGR of 5.83% from 2021 to 2028. The increasing awareness of self-defense, particularly among women, and the rising number of crimes are driving market growth. However, stringent government regulations and adverse side effects of pepper spray may hinder this growth. The COVID-19 pandemic has negatively impacted distribution and sales, causing supply chain disruptions and product shortages. Despite these challenges, the market is expected to benefit from technological advancements and growing acceptance of pepper spray as a non-lethal self-defense tool.
Key Market Trends & Highlights
Key trends influencing the pepper spray market include rising crime rates and increasing self-defense awareness.
- Market size projected to reach USD 58.7 million by 2028.
- CAGR of 5.83% from 2021 to 2028.
- North America held 34.00% market share in 2020.
- Asia-Pacific expected to exhibit highest CAGR of 6.35% during the forecast period.
Market Size & Forecast
Market Size in 2021 | USD 40.0 Million |
Market Size Forecast by 2028 | USD 58.7 Million |
CAGR | 5.83% |
Major Players
Mace Security International Inc., Plegium Inc., Zarc International Inc., Counter Assault, Defense Technology, Fox Labs International Inc., J&L Self Defense Products Inc., SABRE - Security Equipment Corp., Sure Safety.