Market Overview:
The Global Children Life Vest Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing awareness about safety among children, and the rising demand for life vests from the tourism sector. In terms of type, the foam vest segment is expected to lead the market during the forecast period owing to its low price and easy availability. However, in terms of revenue share, the inflatable vest segment is projected to register a higher CAGR due its high price and growing popularity among consumers.
Product Definition:
A life vest, also known as a personal flotation device (PFD), is an item of personal safety equipment designed to assist a person in the event of accidental drowning.
Foam Vests:
Foam vests are light weight buoyant life jackets designed to provide protection to children up to 10 years of age. They can be used by infants and toddlers as well as children with special needs. Foam vests are available in different sizes, shapes and colors which helps in providing them a variety of options so that they can choose one that best fits their body structure.
The global foam vest market size was valued at USD 3,49 million in 2015.
Inflatable Vests:
Inflatable vests are life jackets that are made up of lightweight fabric and can be deflated and rolled up for easy storage. They have a simple design with two straps connected by an elastic band, which is then closed with a Velcro like fastener. The product has been designed to provide comfort to children aged between 2-14 years, who weigh less than 50 kgs.
Application Insights:
The teaching use segment held the largest share of over 60.0% in 2017. This is attributed to increasing government spending on education and rising number of schools across the globe. Moreover, growing awareness about saving children's lives during swimming lessons is expected to boost industry growth over the forecast period. The cruise ship use segment is anticipated to witness significant growth owing to an increase in passenger traffic on water bodies around the world, which has resulted in increased demand for life vests for cruising ships operationally used by passengers and crew members alike.
Regional Analysis:
North America dominated the global children life vest market in 2017. The growing popularity of water sports and rising awareness about child safety are some of the major factors responsible for this growth. In addition, presence of a large number of manufacturers and suppliers coupled with high disposable income is expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing cases of drowning deaths in countries such as India, China, Australia and Japan among other reasons such as coastal erosion & flooding; rapid development along with lack or supervision by parents while swimming at beaches are anticipated to drive demand for these products in near future. Moreover, government initiatives encouraging people towards aquatic activities will also have positive impacts on industry expansion.
Growth Factors:
- Increasing awareness about the importance of safety among parents and children, which is driving the demand for children life vests.
- Growing popularity of water sports and activities, such as swimming, surfing, kayaking etc., is propelling the demand for children life vests.
- Rising disposable income of parents is enabling them to invest in high-quality children life vests.
- Proliferation of online retail channels is providing a convenient shopping option for parents and helping them to save on purchase costs.
- Technological advancements in manufacturing processes are resulting in the development of innovative and safer children life vest designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Children Life Vest Market Research Report
By Type
Foam Vests, Inflatable Vests, Hybrid Vests
By Application
Teaching Use, Natatorium Use, Cruise Ship Use, Other
By Companies
Survitec, VIKING Life-Saving Equipment, TheColemanCompany, Hansen Protection, Dräger, Johnson Outdoors, Kent Sporting Goods, LALIZAS, Mustang Survival, Survitec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Children Life Vest Market Report Segments:
The global Children Life Vest market is segmented on the basis of:
Types
Foam Vests, Inflatable Vests, Hybrid Vests
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Teaching Use, Natatorium Use, Cruise Ship Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Survitec
- VIKING Life-Saving Equipment
- TheColemanCompany
- Hansen Protection
- Dräger
- Johnson Outdoors
- Kent Sporting Goods
- LALIZAS
- Mustang Survival
- Survitec
Highlights of The Children Life Vest Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Foam Vests
- Inflatable Vests
- Hybrid Vests
- By Application:
- Teaching Use
- Natatorium Use
- Cruise Ship Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Children Life Vest Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A children life vest is a type of safety device worn by children to protect them from drowning and other aquatic accidents.
Some of the major players in the children life vest market are Survitec, VIKING Life-Saving Equipment, TheColemanCompany, Hansen Protection, Dr¤ger, Johnson Outdoors, Kent Sporting Goods, LALIZAS, Mustang Survival, Survitec.
The children life vest market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Children Life Vest Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Children Life Vest Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Children Life Vest Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Children Life Vest Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Children Life Vest Market Size & Forecast, 2020-2028
4.5.1 Children Life Vest Market Size and Y-o-Y Growth
4.5.2 Children Life Vest Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Foam Vests
5.2.2 Inflatable Vests
5.2.3 Hybrid Vests
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Teaching Use
6.2.2 Natatorium Use
6.2.3 Cruise Ship Use
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Children Life Vest Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Children Life Vest Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Foam Vests
9.6.2 Inflatable Vests
9.6.3 Hybrid Vests
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Teaching Use
9.10.2 Natatorium Use
9.10.3 Cruise Ship Use
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Foam Vests
10.6.2 Inflatable Vests
10.6.3 Hybrid Vests
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Teaching Use
10.10.2 Natatorium Use
10.10.3 Cruise Ship Use
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Foam Vests
11.6.2 Inflatable Vests
11.6.3 Hybrid Vests
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Teaching Use
11.10.2 Natatorium Use
11.10.3 Cruise Ship Use
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Foam Vests
12.6.2 Inflatable Vests
12.6.3 Hybrid Vests
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Teaching Use
12.10.2 Natatorium Use
12.10.3 Cruise Ship Use
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Foam Vests
13.6.2 Inflatable Vests
13.6.3 Hybrid Vests
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Teaching Use
13.10.2 Natatorium Use
13.10.3 Cruise Ship Use
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Children Life Vest Market: Competitive Dashboard
14.2 Global Children Life Vest Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Survitec
14.3.2 VIKING Life-Saving Equipment
14.3.3 TheColemanCompany
14.3.4 Hansen Protection
14.3.5 Dräger
14.3.6 Johnson Outdoors
14.3.7 Kent Sporting Goods
14.3.8 LALIZAS
14.3.9 Mustang Survival
14.3.10 Survitec
