Global Emergency And Other Relief Services Market Report 2022 – Market Forecast, Trends And Strategies

8 Feb, 2022

The global emergency and other relief services market size is expected to grow from $98.07 billion in 2021 to $115.12 billion in 2022 at a compound annual growth rate (CAGR) of 17.4%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The emergency and other relief services market is expected to reach $204.84 billion in 2026 at a CAGR of 15.5%.

What is the Global Emergency And Other Relief Services Market?

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.

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What drives the Global Emergency And Other Relief Services Market?

The increasing support from large corporations and organizations in the form of funds, grants or programs is expected to drive the growth of the global emergency and other relief services market. Corporations and organizations are making efforts to meet the requirements of people affected by different disasters across the globe. For instance, the American Red Cross Organization has responded to a string of crises across the country, serving over 718,100 nourishing meals and snacks with its partners and providing more than 306,500 overnight shelters and hotel stays in coordination, with its partners, for those displaced by disasters. Therefore, the growing support from various individuals and corporations fuels the emergency and other relief services market.

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Global Emergency And Other Relief Services Market Segments
The global emergency and other relief services market is segmented:
By Service Type: Food, Shelter, Medical Assistance, Others
By Category: Short-Term Assistance, Deferred Assistance, Long-Term Assistance
By Professional Services: Consulting Services, Emergency Operation Services, Training and Simulation Services, Public Information Services
By Geography: The regions covered in the emergency and other relief services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Emergency And Other Relief Services Global Market Report 2022provides market size and growth forecasts for the global emergency and other relief services market, global emergency and other relief services market share, emergency and other relief services market segments and geographies, emergency and other relief services market competitive landscape including leading competitors’ revenues, profiles and market shares. The emergency and other relief services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Emergency And Other Relief Services Industry Playersinclude The International Federation of Red Cross and Red Crescent Societies (IFRC), International Disaster Emergency Service: Direct Relief, The Salvation Army, and The American National Red Cross. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.