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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Life Jacket Market Analysis
Based on type, the market is segmented into inherent and inflatable. On the basis of material, the market can be divided into nylon, and polyester, among others.
The life jacket market segmentation, based on end-use, includes water sports, and military and safety operation, among others. The major regional markets for life jackets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global life jacket market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Yamaha Motor Co., Ltd.
- Johnson Outdoors Inc.
- Switlik Parachute Company
- Aqualung Group
- Dongguan City Bestway Sports Goods Technology Co., Ltd.
- Stormy Lifejackets Pty Ltd.
- Kent Water Sports, LLC
- SeaSafe Systems Ltd.
- The Coleman Company, Inc.
- Aqua-Leisure Recreation, LLC
- Others
Life Jacket Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1.87 billion.
The market is estimated to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 2.99 billion by 2032.
The market is being driven by increasing government regulation for ensuring safe passenger travel on ships and boats, and growing awareness among youth about water accidents.
The key trends aiding the market expansion include innovations and new product launches, and growing safety concerns among water sports enthusiasts.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major end uses of life jacket are water sports, and military and safety operations, among others.
The major players in the market are Yamaha Motor Co., Ltd., Johnson Outdoors Inc., Switlik Parachute Company, Aqualung Group, Dongguan City Bestway Sports Goods Technology Co., Ltd., Stormy Lifejackets Pty Ltd., Kent Water Sports, LLC, SeaSafe Systems Ltd., The Coleman Company, Inc., and Aqua-Leisure Recreation, LLC, among others.
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