Natural Disaster & Emergency Relief Services in the US - Industry Market Research Report

Lending a hand: Increases in enterprises and industry consolidation are expected to be spurred by continued humanitarian support in the face of crisis

Natural disaster and emergency relief services are delivered to the public by nonprofit organizations, with a few for-profit exceptions. In a hybrid market, revenue flows from government funding and private donations and can be volatile. Since natural disasters are unpredictable and economic conditions fluctuate, organizations will see profit changes yearly. The incidence and severity of natural disasters and the magnitude of supplemental funding appropriations have shaped industry performance. In 2021, revenue grew substantially from funding for the COVID-19 natural disaster, contributing to an expected industry-wide CAGR of 1.2% through 2023. Revenue is forecast to total $14.4 billion in 2023 but fall by 1.9%. Operators in the Natural Disaster and Emergency Relief Services industry provide food, shelter, clothing, medical relief, resettlement and counseling to victims of disasters. Industry operators respond to natural and manmade crises, including earthquakes, fires, tornadoes, hurricanes, hazardous material spills, wars and acts of terrorism. This industry excludes government agencies and organizations that provide housing or food to the homeless, victims of domestic violence and the elderly. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.