In 2023, the import volume of preparations and charges for fire extinguishers in the UK stood significantly higher than the projected figures for subsequent years. Forecasts from 2024 to 2028 suggest a declining trend, with a notable year-on-year reduction in import volume: 14.13% from 2024 to 2025, 16.16% from 2025 to 2026, 18.86% from 2026 to 2027, and 22.82% from 2027 to 2028. This indicates an average annual decline (CAGR) over these five years, reflecting persistently decreasing demand or increasing domestic production capability.
Future trends to watch for include:
- Potential developments in fire safety regulations or industry standards influencing import needs.
- Increased emphasis on sustainable and efficient fire safety solutions possibly shifting demand patterns.
- Technological advancements permitting alternative methods of fire extinguishing.