Market Overview:
The Global Inherent Life Jackets Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about safety and security among people, rising maritime accidents, and growing demand for life jackets from the commercial sector. Based on type, the global inherent life jackets market is segmented into light clothing, heavy weather clothing, and others. The light clothing segment is expected to account for a major share of the global market in 2018 owing to its low weight and easy portability. However, heavy weather clothing is projected to grow at a higher CAGR during the forecast period as it offers better protection against extreme weather conditions. Based on application, adults accounted for majority of sales in 2017 and this trend is likely continue during the forecast period as well.
Product Definition:
Inherent life jackets are devices that are built into the structure of a vessel and automatically inflate when the vessel sinks. They are important because they provide a means of escape for passengers and crew in the event of a sinking.
Light Clothing:
Light clothing is the apparel which can be worn without any special protection. It includes a wide range of garments such as T-shirts, polos, sweaters, cardigans and pullovers among others. Light clothing provides insulation from cold weather and offers limited protection against wind or rain.
Heavy Weather Clothing:
Heavy weather clothing is a type of apparel that is designed to protect an individual from extremely cold temperatures or severe snow-related conditions. It can also be used as an insulating layer in very cold environments. Heavy weather clothing includes coats, jackets, vests, sweaters and pants/jeans.
Application Insights:
The adults segment held the largest share of more than 60.0% in 2017. The inherent life jackets for adults are designed keeping swimming ability, physical fitness and maritime experience of the users in mind. These types of life jackets are light weighted and easy to carry along with a swimmer on board a vessel or at sea shore. Moreover, these types of products have been found helpful by swimmers who train hard but still find it difficult to swim continuously for long hours owing to their busy schedule¢â‚¬â„¢s livesguards who needn¢â‚¬â€œto be efficient both underwater and above water as per their requirements which is where heavy weather clothing comes into picture as well as an animal companion needs protection from extreme weather conditions such as cold temperature while hiking or camping with pets which is where animals inherent life jacket come into use effectively too thereby driving the demand further upsurge over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a rise in demand for life jackets over the forecast period owing to increasing marine transportation and recreational boating activities. Moreover, presence of numerous manufacturers and suppliers of personal flotation devices in this region has led to high product availability at competitive prices.
Asia Pacific is anticipated to be one of the fastest-growing markets from 2018 to 2030 due its rapidly growing marine transport sector coupled with rising awareness regarding safety while onboard vessels, especially during heavy weather conditions. Furthermore, countries such as China and India are amongst the top 10 producers of rubber products globally; hence there exists a significant opportunity for rubber infused life jackets over the next eight years.
Growth Factors:
- Increasing demand for life jackets from the commercial sector as a result of increasing maritime trade and tourism.
- Growing popularity of recreational boating and sailing, which is driving the demand for life jackets.
- Stringent safety regulations pertaining to maritime activities are fueling the demand for life jackets across various end-use industries.
- Technological advancements in the design and manufacturing of life jackets that are making them more comfortable and easier to wear is propelling their growth prospects globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inherent Life Jackets Market Research Report
By Type
Light Clothing, Heavy Weather Clothing, Others
By Application
Adults, Kids, Animals
By Companies
Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, Drager, Johnson Outdoors, Kent Sporting Goods, LALIZAS, Mustang Survival, O’Neill, International Safety Products, SECUMAR, SALUS MARINE WEAR INC., Dongtai Jianghai, Stormy Lifejackets, Wuxi Xingtai Shipping Equipment, MW Watersports, SeaSafe Systems, Ningbo Zhenhua Electrical Equipment, Aqua Life, Eyson, Xiamen Shenshou Science and Technology, JarvisWalker
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Inherent Life Jackets Market Report Segments:
The global Inherent Life Jackets market is segmented on the basis of:
Types
Light Clothing, Heavy Weather Clothing, Others
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
Adults, Kids, Animals
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
- The Coleman Company
- Hansen Protection
- Drager
- Johnson Outdoors
- Kent Sporting Goods
- LALIZAS
- Mustang Survival
- O’Neill
- International Safety Products
- SECUMAR
- SALUS MARINE WEAR INC.
- Dongtai Jianghai
- Stormy Lifejackets
- Wuxi Xingtai Shipping Equipment
- MW Watersports
- SeaSafe Systems
- Ningbo Zhenhua Electrical Equipment
- Aqua Life
- Eyson
- Xiamen Shenshou Science and Technology
- JarvisWalker
Highlights of The Inherent Life Jackets 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:
- Light Clothing
- Heavy Weather Clothing
- Others
- By Application:
- Adults
- Kids
- Animals
- 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 Inherent Life Jackets 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.
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- Correctly Positioning New Products
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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?
Inherent life jackets are a type of personal flotation device that is designed to be worn by individuals who may not have access to other types of flotation devices. Inherent life jackets are typically made from durable materials such as neoprene and polyester, and they come with straps that allow them to be securely fastened around the body.
Some of the major companies in the inherent life jackets market are Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, Drager, Johnson Outdoors, Kent Sporting Goods, LALIZAS, Mustang Survival, O’Neill, International Safety Products, SECUMAR, SALUS MARINE WEAR INC., Dongtai Jianghai, Stormy Lifejackets, Wuxi Xingtai Shipping Equipment, MW Watersports, SeaSafe Systems, Ningbo Zhenhua Electrical Equipment, Aqua Life, Eyson, Xiamen Shenshou Science and Technology, JarvisWalker.
The inherent life jackets 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 Inherent Life Jackets 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 Inherent Life Jackets Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Inherent Life Jackets 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 Inherent Life Jackets 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 Inherent Life Jackets Market Size & Forecast, 2018-2028 4.5.1 Inherent Life Jackets Market Size and Y-o-Y Growth 4.5.2 Inherent Life Jackets Market Absolute $ Opportunity
Chapter 5 Global Inherent Life Jackets 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 Inherent Life Jackets Market Size Forecast by Type
5.2.1 Light Clothing
5.2.2 Heavy Weather Clothing
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Inherent Life Jackets 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 Inherent Life Jackets Market Size Forecast by Applications
6.2.1 Adults
6.2.2 Kids
6.2.3 Animals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inherent Life Jackets 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 Inherent Life Jackets 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 Inherent Life Jackets Analysis and Forecast
9.1 Introduction
9.2 North America Inherent Life Jackets 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 Inherent Life Jackets Market Size Forecast by Type
9.6.1 Light Clothing
9.6.2 Heavy Weather Clothing
9.6.3 Others
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 Inherent Life Jackets Market Size Forecast by Applications
9.10.1 Adults
9.10.2 Kids
9.10.3 Animals
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 Inherent Life Jackets Analysis and Forecast
10.1 Introduction
10.2 Europe Inherent Life Jackets 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 Inherent Life Jackets Market Size Forecast by Type
10.6.1 Light Clothing
10.6.2 Heavy Weather Clothing
10.6.3 Others
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 Inherent Life Jackets Market Size Forecast by Applications
10.10.1 Adults
10.10.2 Kids
10.10.3 Animals
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 Inherent Life Jackets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Inherent Life Jackets 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 Inherent Life Jackets Market Size Forecast by Type
11.6.1 Light Clothing
11.6.2 Heavy Weather Clothing
11.6.3 Others
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 Inherent Life Jackets Market Size Forecast by Applications
11.10.1 Adults
11.10.2 Kids
11.10.3 Animals
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 Inherent Life Jackets Analysis and Forecast
12.1 Introduction
12.2 Latin America Inherent Life Jackets 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 Inherent Life Jackets Market Size Forecast by Type
12.6.1 Light Clothing
12.6.2 Heavy Weather Clothing
12.6.3 Others
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 Inherent Life Jackets Market Size Forecast by Applications
12.10.1 Adults
12.10.2 Kids
12.10.3 Animals
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) Inherent Life Jackets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Inherent Life Jackets 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) Inherent Life Jackets Market Size Forecast by Type
13.6.1 Light Clothing
13.6.2 Heavy Weather Clothing
13.6.3 Others
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) Inherent Life Jackets Market Size Forecast by Applications
13.10.1 Adults
13.10.2 Kids
13.10.3 Animals
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 Inherent Life Jackets Market: Competitive Dashboard
14.2 Global Inherent Life Jackets 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 The Coleman Company
14.3.4 Hansen Protection
14.3.5 Drager
14.3.6 Johnson Outdoors
14.3.7 Kent Sporting Goods
14.3.8 LALIZAS
14.3.9 Mustang Survival
14.3.10 O’Neill
14.3.11 International Safety Products
14.3.12 SECUMAR
14.3.13 SALUS MARINE WEAR INC.
14.3.14 Dongtai Jianghai
14.3.15 Stormy Lifejackets
14.3.16 Wuxi Xingtai Shipping Equipment
14.3.17 MW Watersports
14.3.18 SeaSafe Systems
14.3.19 Ningbo Zhenhua Electrical Equipment
14.3.20 Aqua Life
14.3.21 Eyson
14.3.22 Xiamen Shenshou Science and Technology
14.3.23 JarvisWalker