The emergency and other relief services market consists of the revenues from emergency and other relief services and related goods by entities (organizations, sole traders and partnerships) that provide food, shelter, clothing, medical relief, resettlement, and counseling to victims of domestic or international disasters or conflicts (e.g., wars). Only goods and services traded between entities or sold to end consumers are included.
The global emergency and other relief services market is expected to grow from $81.48 billion in 2019 to $85.03 billion in 2020 at a compound annual growth rate (CAGR) of 4.36%. The growth is mainly due to the COVID-19 outbreak that has led to an increased need for emergency services to help the underprivileged get access to basic necessities. The market is expected to reach $109.21 billion in 2023 at a CAGR of 8.7%.