Market Overview:
The global inflatable life vests 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 demand for inflatable life vests across different applications, such as adults, kids and animals. In addition, the increasing awareness about safety among consumers is also propelling the growth of this market. Based on type, manual inflatable life vests are expected to dominate the global inflatable life vest market during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy availability compared with auto inflating life jackets.
Product Definition:
Inflatable life vests are a type of personal flotation device that is inflated using compressed air. They are most often used by fishermen, sailors, and other water sports enthusiasts. Inflatable life vests provide more buoyancy than traditional foam-filled life jackets, and they are also less bulky. They can be worn over or under clothes, and they typically have a built-in whistle for signaling for help. Inflatable life vests are an important safety device for anyone who spends time on or near the water.
Manual Inflatable Life Vests:
Manual inflatable life vests are a type of personal floatation device that is used to provide buoyancy assistance to individuals who cannot accessorize with any other form of flotation. The device consists of an inner chamber filled with air and connected by a flexible hose to an inflation valve on the exterior. The product was initially developed for use in water rescue operations, however its utilization has expanded significantly due to high demand from recreational users as well as professional swimmers and divers.
Auto Inflatable Life Vests:
The auto inflatable life vests are wearable personal floatation devices that can be used to provide buoyancy assistance in water or other liquid environment. It is a self-contained breathing device with its own air supply and inflation/ deflation capabilities.
Application Insights:
The adults application segment held the largest share of over 70.0% in 2017. Rising incidences of accidental drowning are expected to be a major factor driving the demand for life vests among adult population globally. According to WHO, around 1,000-1,500 people die due to drowning every year worldwide. Moreover, according to statistics published by Drowning Research Association (DRA), around 37% of all drownings occur amongst children below 14 years and 55% of these incidents take place at home or on vacation with family members only as witnesses.
Regional Analysis:
Europe dominated the global inflatable life vests market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing incidences of water-borne diseases have compelled people across Europe to take more preventive measures against exposure to water and seawater. Moreover, presence of well-established healthcare infrastructure and high awareness levels among users are some other factors driving the regional market growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest growing markets for inflatable life vests during the forecast years on account of rising number recreational boating activities in countries such as China.
Growth Factors:
- Increasing demand for inflatable life vests from the commercial sector as a result of increasing awareness about safety and security.
- Growing popularity of inflatable life vests among recreational boaters, leading to an increase in demand for these products.
- The increasing number of fatalities caused by drowning, which is driving the demand for inflatable life vests as a means to reduce such fatalities.
- Technological advancements in the design and manufacturing of inflatable life vests, making them more comfortable and easier to use.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inflatable Life Vests Market Research Report
By Type
Manual Inflatable Life Vests, Auto Inflatable Life Vests
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, Jiaxing Rongsheng Lifesaving Equipment, Veleria San Giorgio
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Inflatable Life Vests Market Report Segments:
The global Inflatable Life Vests market is segmented on the basis of:
Types
Manual Inflatable Life Vests, Auto Inflatable Life 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
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
- Jiaxing Rongsheng Lifesaving Equipment
- Veleria San Giorgio
Highlights of The Inflatable Life Vests 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:
- Manual Inflatable Life Vests
- Auto Inflatable Life Vests
- 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 Inflatable Life Vests 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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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?
Inflatable life vests are a type of personal floatation device (PFD) that inflate when inflated with air from an external source, such as a pump. They are typically worn around the chest and waist to provide buoyancy and support in water or other fluid environments.
Some of the major players in the inflatable life vests market are Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, Drager, Johnson Outdoors, Kent Sporting Goods, LALIZAS, Mustang Survival, O¢â‚¬â„¢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, Jiaxing Rongsheng Lifesaving Equipment, Veleria San Giorgio.
The inflatable life vests market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Inflatable Life Vests Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Inflatable Life Vests Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Inflatable Life Vests Market - Supply Chain
4.5. Global Inflatable Life Vests Market Forecast
4.5.1. Inflatable Life Vests Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Inflatable Life Vests Market Size (000 Units) and Y-o-Y Growth
4.5.3. Inflatable Life Vests Market Absolute $ Opportunity
5. Global Inflatable Life Vests Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Inflatable Life Vests Market Size and Volume Forecast by Type
5.3.1. Manual Inflatable Life Vests
5.3.2. Auto Inflatable Life Vests
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Inflatable Life Vests Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Inflatable Life Vests Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Kids
6.3.3. Animals
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Inflatable Life Vests Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Inflatable Life Vests Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Inflatable Life Vests Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Inflatable Life Vests Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Inflatable Life Vests Demand Share Forecast, 2019-2029
9. North America Inflatable Life Vests Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Inflatable Life Vests Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Inflatable Life Vests Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Kids
9.4.3. Animals
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Inflatable Life Vests Market Size and Volume Forecast by Type
9.7.1. Manual Inflatable Life Vests
9.7.2. Auto Inflatable Life Vests
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Inflatable Life Vests Demand Share Forecast, 2019-2029
10. Latin America Inflatable Life Vests Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Inflatable Life Vests Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Inflatable Life Vests Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Kids
10.4.3. Animals
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Inflatable Life Vests Market Size and Volume Forecast by Type
10.7.1. Manual Inflatable Life Vests
10.7.2. Auto Inflatable Life Vests
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Inflatable Life Vests Demand Share Forecast, 2019-2029
11. Europe Inflatable Life Vests Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Inflatable Life Vests Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Inflatable Life Vests Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Kids
11.4.3. Animals
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Inflatable Life Vests Market Size and Volume Forecast by Type
11.7.1. Manual Inflatable Life Vests
11.7.2. Auto Inflatable Life Vests
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analyis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Inflatable Life Vests Demand Share, 2019-2029
12. Asia Pacific Inflatable Life Vests Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Inflatable Life Vests Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Inflatable Life Vests Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Kids
12.4.3. Animals
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Inflatable Life Vests Market Size and Volume Forecast by Type
12.7.1. Manual Inflatable Life Vests
12.7.2. Auto Inflatable Life Vests
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Inflatable Life Vests Demand Share, 2019-2029
13. Middle East & Africa Inflatable Life Vests Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Inflatable Life Vests Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Inflatable Life Vests Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Kids
13.4.3. Animals
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Inflatable Life Vests Market Size and Volume Forecast by Type
13.7.1. Manual Inflatable Life Vests
13.7.2. Auto Inflatable Life Vests
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Inflatable Life Vests Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Inflatable Life Vests Market: Market Share Analysis
14.2. Inflatable Life Vests Distributors and Customers
14.3. Inflatable Life Vests Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Survitec
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. VIKING Life-Saving Equipment
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Coleman Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hansen Protection
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Drager
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Johnson Outdoors
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kent Sporting Goods
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LALIZAS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mustang Survival
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ONeill
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. International Safety Products
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SECUMAR
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SALUS MARINE WEAR INC.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dongtai Jianghai
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Stormy Lifejackets
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wuxi Xingtai Shipping Equipment
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. MW Watersports
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SeaSafe Systems
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Ningbo Zhenhua Electrical Equipment
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Aqua Life
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
