Market Overview:
The global life preserver market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the life preserver market can be attributed to the increasing awareness about safety and security while on water. Additionally, the increasing demand for leisure boats and yachts is also propelling the growth of the life preserver market. The lifebuoys segment is expected to hold a major share of the global life preserver market during the forecast period. This can be attributed to their increased use in recreational activities, such as sailing and boating.
Product Definition:
A life preserver (US) or life belt (UK), also known as a personal flotation device (PFD), is a piece of water safety equipment designed to assist a person in the event of accidental drowning.
Lifebelts:
Lifebelts are used in life preservers to provide buoyancy and help the person wearing it float on water. It is a flotation device that is attached to a personal harness or life ring. The buoyancy of the belt helps in keeping the wearer's head above water, even if he or she gets pushed under by force of waves or currents.
Horseshoe Lifebuoys:
Horseshoe lifebuoys are used in the manufacturing of life preservers. They are made up of different materials such as wood, plastic and fiberglass composites among others. The basic design of a horseshoe life buoy is a semi-circular object with two flotation points connected by an axle. It has been designed to provide stability to objects floating on water and can be used for flotsam as well as jetsam (personal belongings).
Application Insights:
The boats application segment led the global life preserver market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for recreational and commercial boats across all major economies globally, particularly in developing regions such as Asia Pacific and Latin America. Life preservers are also used by anglers on fishing rods for protection against extreme weather conditions such as rain, hail and sleet while casting or reeling in fish underwater. Rising use of technologically advanced products with enhanced features including LED light, mobile phone charger ports has been encouraging consumers towards premium quality products without compromising on safety requirements.
Regional Analysis:
North America dominated the global life preserver market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing marine tourism, growing recreational boating sector and rising awareness among boaters about safety equipment requirements for their vessels. Moreover, presence of a large number of manufacturers and suppliers coupled with high disposable income levels in countries such as U.S., Canada and Mexico are some other factors contributing toward regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing adoption of water based sports activities such as kayaking, canoeing etc., especially in developing economies including India, China & Australia among others which are also popular tourist destinations at times of leisure or when there is no cruise activity taking place on board ships/boats etc.
Growth Factors:
- Increasing demand for life preserver from marine and commercial sectors
- Growing popularity of personal watercrafts and recreational boating
- Proliferation of online retail channels for selling life preservers
- Rising awareness about the importance of safety while swimming or boating
- Technological advancements in the design and construction of life preservers
Scope Of The Report
Report Attributes
Report Details
Report Title
Life Preserver Market Research Report
By Type
Lifebelts, Horseshoe Lifebuoys, Survival Floats
By Application
Boats, Yachts, Other
By Companies
A-Laiturit, Baltic, Burke, CAN-SB MARINE, Canepa & Campi, Crewsaver, Datrex, Dock Edge, Douglas marine, Eval, A-Laiturit, Guderoglu, Jim-Buoy, LALIZAS, Marinetech, Nuova Rade, Orange Marine, Osculati, Plastimo, Salvare Worldwide, Taylor Made Products, VIKING, YCH
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Life Preserver Market Report Segments:
The global Life Preserver market is segmented on the basis of:
Types
Lifebelts, Horseshoe Lifebuoys, Survival Floats
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
Boats, Yachts, 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:
- A-Laiturit
- Baltic
- Burke
- CAN-SB MARINE
- Canepa & Campi
- Crewsaver
- Datrex
- Dock Edge
- Douglas marine
- Eval
- A-Laiturit
- Guderoglu
- Jim-Buoy
- LALIZAS
- Marinetech
- Nuova Rade
- Orange Marine
- Osculati
- Plastimo
- Salvare Worldwide
- Taylor Made Products
- VIKING
- YCH
Highlights of The Life Preserver 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:
- Lifebelts
- Horseshoe Lifebuoys
- Survival Floats
- By Application:
- Boats
- Yachts
- 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 Life Preserver 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?
Life preserver is a device that is used to save someone's life.
Some of the major players in the life preserver market are A-Laiturit, Baltic, Burke, CAN-SB MARINE, Canepa & Campi, Crewsaver, Datrex, Dock Edge, Douglas marine, Eval, A-Laiturit, Guderoglu, Jim-Buoy, LALIZAS, Marinetech, Nuova Rade, Orange Marine, Osculati, Plastimo, Salvare Worldwide, Taylor Made Products, VIKING, YCH.
The life preserver 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 Life Preserver 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 Life Preserver Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Life Preserver 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 Life Preserver 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 Life Preserver Market Size & Forecast, 2020-2028
4.5.1 Life Preserver Market Size and Y-o-Y Growth
4.5.2 Life Preserver 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 Lifebelts
5.2.2 Horseshoe Lifebuoys
5.2.3 Survival Floats
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 Boats
6.2.2 Yachts
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Life Preserver 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 Life Preserver 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 Lifebelts
9.6.2 Horseshoe Lifebuoys
9.6.3 Survival Floats
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 Boats
9.10.2 Yachts
9.10.3 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 Lifebelts
10.6.2 Horseshoe Lifebuoys
10.6.3 Survival Floats
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 Boats
10.10.2 Yachts
10.10.3 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 Lifebelts
11.6.2 Horseshoe Lifebuoys
11.6.3 Survival Floats
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 Boats
11.10.2 Yachts
11.10.3 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 Lifebelts
12.6.2 Horseshoe Lifebuoys
12.6.3 Survival Floats
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 Boats
12.10.2 Yachts
12.10.3 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 Lifebelts
13.6.2 Horseshoe Lifebuoys
13.6.3 Survival Floats
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 Boats
13.10.2 Yachts
13.10.3 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 Life Preserver Market: Competitive Dashboard
14.2 Global Life Preserver Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 A-Laiturit
14.3.2 Baltic
14.3.3 Burke
14.3.4 CAN-SB MARINE
14.3.5 Canepa & Campi
14.3.6 Crewsaver
14.3.7 Datrex
14.3.8 Dock Edge
14.3.9 Douglas marine
14.3.10 Eval
14.3.11 A-Laiturit
14.3.12 Guderoglu
14.3.13 Jim-Buoy
14.3.14 LALIZAS
14.3.15 Marinetech
14.3.16 Nuova Rade
14.3.17 Orange Marine
14.3.18 Osculati
14.3.19 Plastimo
14.3.20 Salvare Worldwide
14.3.21 Taylor Made Products
14.3.22 VIKING
14.3.23 YCH
