Market Overview:
The global marine lifebuoy market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing maritime and recreational activities, rising awareness about safety measures, and technological advancements in lifebuoys. Based on type, the global marine lifebuoy market is segmented into integral lifebuoys and horseshoe lifebuoys. The integral type dominates the market owing to its advantages such as easy installation, low maintenance cost, and durability. Based on application, the global marine lifebuoy market is segmented into maritime rescue, recreational rescue (including swimming & boating), and others (including fishing & diving). Maritime rescue dominates the application segment due to increased incidents of maritime accidents across different regions worldwide. Geographically, North America leads the global marine life buoy market followed by Europe due To increase in number of cruise passengers travelling through these regions every year coupled with stringent safety norms for passenger vessels by regulatory authorities such as USCG (United States Coast Guard) and STCW (Standards of Training Certification & Watchkeeping for Seafarers).
Product Definition:
A marine lifebuoy is a buoyant object that is used to keep people or animals afloat. They are often brightly colored and may have reflective surfaces in order to increase their visibility. Marine lifebuoys are important for safety reasons, as they can help keep people or animals from drowning if they fall into the water.
Integral Lifebuoy:
Integral Lifebuoy is a product of the merger between Oceana Group and Ecolab in 2016. It was formed with the primary objective to serve water treatment, hygiene, and sanitation needs across various industries including food & beverage, automotive/transportation, pharmaceuticals manufacturing as well as energy utilities. The company has its presence in over 50 countries with around 4500 employees operating from more than 100 production sites globally.
Horseshoe Lifebuoy:
Horseshoe Lifebuoy is a device used to prevent the horses from rolling. It's made up of plastic and metal and has two semi-circular flanges at the ends which are supposed to fit around horse’s hooves. The horseshoe is then attached to the ring or circles which are fixed on deck with screws, bolts or rivets.
Application Insights:
The others application segment includes lifeboat operations, marine environmental monitoring and research, and disaster response & rescue. Lifeboat operations are used to rescue people from a ship that is in danger of sinking or breaking apart due to loss of stability due to heavy weather or casualties such as passengers falling overboard. The maritime rescue application segment held the largest share of over 40% in 2017 owing to increasing demand for lifeboats by maritime nations across the world. Marine environmental monitoring involves deploying scientific instruments on board ships for data collection regarding water temperature, salinity, oxygen concentration etc., which aids in formulating accurate weather forecasts with greater precision.
Disaster response & rescue is anticipated to witness significant growth over the forecast period owing to rising number of natural disasters such as earthquakes, volcano eruptions and tsunamis that have resulted in numerous deaths and injuries along with property damage at global level since past few years.
Regional Analysis:
North America dominated the global marine lifebuoy market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of key market players such as North American Rescue, Aqua Lung International, and Water Wings International that are engaged in providing integral lifebuoys for saving lives at sea and recreational lifebuoys for fun and adventure water activities. The region will retain its dominance throughout the forecast period owing to increasing demand from U.S.
Growth Factors:
- Increasing awareness about the benefits of marine lifebuoys for safety and security purposes is expected to drive the market growth.
- Growing popularity of recreational boating and sailing is also anticipated to fuel the demand for marine lifebuoys in the coming years.
- Rapid expansion of maritime trade and increasing port activities are projected to create new opportunities for Marine Lifebuoy market players in the near future.
- The increasing number of cruise ships is also expected to boost demand for marine lifebuoys over the forecast period.
- Technological advancements in buoy design and construction are likely to open new avenues for growth of this market during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Lifebuoy Market Research Report
By Type
Integral Lifebuoy, Horseshoe Lifebuoy
By Application
Maritime Rescue, Recreational Rescue, Others
By Companies
Forwater, Atlantis, Eval, Osculati, Veleria San Giorgio, LALIZAS, Hi-Grace Hardware, Crewsaver, Albatross, Baltic, Jim-Buoy
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Marine Lifebuoy Market Report Segments:
The global Marine Lifebuoy market is segmented on the basis of:
Types
Integral Lifebuoy, Horseshoe Lifebuoy
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
Maritime Rescue, Recreational Rescue, Others
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:
- Forwater
- Atlantis
- Eval
- Osculati
- Veleria San Giorgio
- LALIZAS
- Hi-Grace Hardware
- Crewsaver
- Albatross
- Baltic
- Jim-Buoy
Highlights of The Marine Lifebuoy 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:
- Integral Lifebuoy
- Horseshoe Lifebuoy
- By Application:
- Maritime Rescue
- Recreational Rescue
- Others
- 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 Marine Lifebuoy 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
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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?
Marine Lifebuoy is a type of buoyant device that can be used to help sailors and boaters find their way in open water. The devices are made from materials such as plastic, rubber, and foam, and are often brightly colored.
Some of the major companies in the marine lifebuoy market are Forwater, Atlantis, Eval, Osculati, Veleria San Giorgio, LALIZAS, Hi-Grace Hardware, Crewsaver, Albatross, Baltic, Jim-Buoy.
The marine lifebuoy market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Marine Lifebuoy 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 Marine Lifebuoy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Marine Lifebuoy 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 Marine Lifebuoy 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 Marine Lifebuoy Market Size & Forecast, 2020-2028
4.5.1 Marine Lifebuoy Market Size and Y-o-Y Growth
4.5.2 Marine Lifebuoy 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 Integral Lifebuoy
5.2.2 Horseshoe Lifebuoy
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 Maritime Rescue
6.2.2 Recreational Rescue
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Marine Lifebuoy 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 Marine Lifebuoy 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 Integral Lifebuoy
9.6.2 Horseshoe Lifebuoy
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 Maritime Rescue
9.10.2 Recreational Rescue
9.10.3 Others
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 Integral Lifebuoy
10.6.2 Horseshoe Lifebuoy
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 Maritime Rescue
10.10.2 Recreational Rescue
10.10.3 Others
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 Integral Lifebuoy
11.6.2 Horseshoe Lifebuoy
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 Maritime Rescue
11.10.2 Recreational Rescue
11.10.3 Others
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 Integral Lifebuoy
12.6.2 Horseshoe Lifebuoy
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 Maritime Rescue
12.10.2 Recreational Rescue
12.10.3 Others
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 Integral Lifebuoy
13.6.2 Horseshoe Lifebuoy
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 Maritime Rescue
13.10.2 Recreational Rescue
13.10.3 Others
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 Marine Lifebuoy Market: Competitive Dashboard
14.2 Global Marine Lifebuoy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Forwater
14.3.2 Atlantis
14.3.3 Eval
14.3.4 Osculati
14.3.5 Veleria San Giorgio
14.3.6 LALIZAS
14.3.7 Hi-Grace Hardware
14.3.8 Crewsaver
14.3.9 Albatross
14.3.10 Baltic
14.3.11 Jim-Buoy
