Life Jacket & Vests Market Size, Share Global Analysis Report, 2016–2026

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Life Jacket & Vests Market By Type (Inflatable Jackets & Vests, Foam Jackets & Vests, and Hybrid Jackets & Vests) and By End-use (Adult, Children, and Animal): Global Industry Perspective, Comprehensive Analysis, and Forecast 2016–2026

Industry Insights

The report encompasses the forecast as well as analysis of the life jacket & vests market on a global and regional level. The study displays historical data from 2015 to 2018 along with a forecast from 2020 to 2026 based on revenue (USD Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the Life Jacket & Vests market report. 

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the life jacket & vests market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the Life Jacket & Vests market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the Life Jacket & Vests market.

The study provides a decisive view of the life jacket & vests market by segmenting the life jacket & vests market based on type, end-use, and regions. All the segments have been analyzed based on present and future trends. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The purchasing pattern of the consumers worldwide is based on the evolving fashion trends and changing hairstyles. The market share is largely influenced by the product sales greatly impacted by religious beliefs and ethnic populations. In addition, easy access to ornamented pins, clips, and bands on the e-commerce web portal will further accelerate the industry surge over the forecast timespan.

The life jacket & vests market is segmented based on type and end-use.  Type-wise, the market is classified as foam jackets & vests, inflatable jackets & vests, and hybrid jackets & vests. In terms of end-use, the market segment is sectored as adults, children, and animals.

Key players operating in the life jacket & vests industry are Survitec, The Coleman Company, Kent Sporting Goods, VIKING Life-Saving Equipment, Hansen Protection, Johnson Outdoors, International Safety Products, LALIZAS, Mustang Survival, Aqua Life, SALUS MARINE WEAR INC., Ningbo Zhenhua Electrical Equipment, Dongtai Jianghai, SeaSafe Systems, O’Neill, and Others.

logoThis report segments the life jacket & vests market as follows:

logoGlobal Life Jacket & Vests Market: By Type Segment Analysis

  • Inflatable Jackets & Vests
  • Foam Jackets & Vests
  • Hybrid Jackets & Vests

logoGlobal Life Jacket & Vests Market: By End-use Segment Analysis

  • Adult
  • Children
  • Animal

logoGlobal Life Jacket & Vests Market: Regional Segment Analysis

  • North America 
    • The U.S. 
    • Canada 
  • Europe 
    • Germany 
    • France 
    • The U.K. 
    • Italy 
    • Spain 
    • Rest of Europe 
  • Asia Pacific 
    • China 
    • Japan 
    • India 
    • South Korea 
    • South-East Asia 
    • Rest of Asia Pacific 
  • Latin America 
    • Brazil 
    • Mexico 
    • Rest of Latin America 
  • The Middle-East and Africa 
    • GCC Countries 
    • South Africa 
    • Rest of Middle-East Africa

logoKey Pointers Addressed by the Report

  • Historical data and forecast analysis of the market
  • Drivers and Restraints affecting market dynamics
  • Exhaustive analysis about the future market trends
  • Comprehensive information about the leading market segments and region
  • Strategic developments made by the competitive players and in-depth analysis about its impact on market growth

logoKey Insights from Primary Research

  • As per our primary respondents, the Life Jacket & Vests market is set to grow annually at rate of around 5%
  • It was established through primary research that the Life Jacket & Vests market was valued at around USD 3 Million in 2018
  • Europe generated maximum revenue around USD 2 Million in 2018 followed by North America
  • The “foam jackets & vests” category, on the basis of type segmentation, was the leading revenue generating category accounting for approximately 2 Million, in 2018
  • On the basis of end-use segmentation, the “adult” category was the leading revenue generator accounting for near about USD 2 Million in 2018

logoKey Recommendations from Analysts

  • As per our analysts, new product development strategy is used by companies to target potential customers in current market or new emerging markets
  • The life jacket & vests market is anticipated to reach USD 5 Million by the end of 2026
  • Increasing adoption of water safety regulations to guarantee the safety of water related activities and strict implementation is the primary factor boosting the target market growth in Europe
  • Growing at a CAGR around 5%, life jacket & vests market provides numerous opportunities for all of the involved stakeholders across the entire value chain
  • Foam jackets & vests segment is estimated to grow at a CAGR of 5% during the forecast period.

logoMarket Volume Share, By Type

logoLife Jacket & Vests Market

Industry Major Market Players

  • Survitec
  • The Coleman Company
  • Kent Sporting Goods
  • VIKING Life-Saving Equipment
  • Hansen Protection
  • Johnson Outdoors
  • International Safety Products
  • Mustang Survival
  • Aqua Life
  • Ningbo Zhenhua Electrical Equipment
  • Dongtai Jianghai
  • SeaSafe Systems
  • O’Neill

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Life Jacket & Vests Market.
According to Facts and Factors research report, the global Life Jacket & Vests Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Life Jacket & Vests Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Life Jacket & Vests Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Life Jacket & Vests Market in North America over coming decade.