Market Overview:
The global life jackets & life vests market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about safety and security among people, especially while travelling on water bodies. In addition, the increasing popularity of adventure sports is also contributing to the growth of this market. The global life jackets & life vests market can be segmented on the basis of type into foam jackets & vests, inflatable jackets & vests and hybrid jackets & vests. The inflatable jacket segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030 owing to its high level of safety and security offered by these products. On the basis of application, adults accounted for majority share in 2017 and is expected to maintain its dominance during the forecast period from 2018to 2030 as well due rising concerns about safety among adults while travelling on water bodies or participating in adventure sports activities such as sailing, fishing etcetera .
Product Definition:
A life jacket (US) or life vest (UK) is a piece of personal flotation equipment designed to keep a person afloat in water. The buoyancy of the device keeps the wearer's head above water.
Foam Jackets & Vests:
Foam jackets & vests are lightweight, flexible and comfortable protective clothing used in lifejackets and life vests. It is also known as personal flotation or buoyancy aid. Foam jackets & vest can be easily worn by people of all shapes and sizes which makes it more effective for use in commercial as well as recreational applications.
Inflatable Jackets & Vests:
Inflatable jackets and vests are waterproof, windproof, and insulated jackets/vests which can be deflated & rolled up into a small size for easier storage. These products have witnessed tremendous growth in the recent past owing to their use in various applications including life jackets & life vests. Inflatable jacket is used as an insulation layer between the user and cold water or harsh weather environment which helps avoid hypothermia or hyperthermia situations to the users.
Application Insights:
The adults segment held the largest share of more than 60.0% in 2017. The application of life jackets and life vests among adults is expected to witness a significant rise due to rising incidences of boating accidents and drowning cases globally. According to the statistics published by the U.S.-based National Safety Council (NSC), around 1,225,000 boating-related injuries were reported in 2016 across all age groups in the U.S.
Regional Analysis:
North America dominated the global life jackets and life vest market in 2017. The region is expected to maintain its position through 2030. This can be attributed to high product adoption, rising water safety awareness, and government initiatives promoting marine safety. For instance, as per the U.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing water-related accidents at sea coupled with growing marine tourism activities along coastal areas of countries such as India.
Growth Factors:
- Increasing awareness about the importance of life jackets and life vests for safety while swimming or boating.
- Growing popularity of water sports and activities, which is driving demand for life jackets and life vests.
- Rising number of accidents involving boats and other water vessels, which is fueling demand for these safety devices.
- Technological advancements in the design and construction of life jackets and life vests, making them more comfortable to wear and easier to use.
- Government regulations mandating the use of personal flotation devices (PFDs), such as life jackets andlife vests, for certain water-based activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Life Jackets & Life Vests Market Research Report
By Type
Foam Jackets & Vests, Inflatable Jackets & Vests, Hybrid Jackets & Vests
By Application
Adults, Kids
By Companies
Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, DICK'S Sporting Goods, 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
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Life Jackets & Life Vests Market Report Segments:
The global Life Jackets & Life Vests market is segmented on the basis of:
Types
Foam Jackets & Vests, Inflatable Jackets & Vests, Hybrid Jackets & 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
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
- DICK'S Sporting Goods
- 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
Highlights of The Life Jackets & 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:
- Foam Jackets & Vests
- Inflatable Jackets & Vests
- Hybrid Jackets & Vests
- By Application:
- Adults
- Kids
- 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 Jackets & 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- 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 jackets and life vests are safety devices worn by people in water to protect them from drowning.
Some of the major companies in the life jackets & life vests market are Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, DICK'S Sporting Goods, 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.
The life jackets & life vests market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Life Jackets & 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. Life Jackets & 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. Life Jackets & Life Vests Market - Supply Chain
4.5. Global Life Jackets & Life Vests Market Forecast
4.5.1. Life Jackets & Life Vests Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Life Jackets & Life Vests Market Size (000 Units) and Y-o-Y Growth
4.5.3. Life Jackets & Life Vests Market Absolute $ Opportunity
5. Global Life Jackets & 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. Life Jackets & Life Vests Market Size and Volume Forecast by Type
5.3.1. Foam Jackets & Vests
5.3.2. Inflatable Jackets & Vests
5.3.3. Hybrid Jackets & Vests
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Life Jackets & 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. Life Jackets & Life Vests Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Kids
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Life Jackets & 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. Life Jackets & 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 Life Jackets & 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. Life Jackets & 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 Life Jackets & Life Vests Demand Share Forecast, 2019-2029
9. North America Life Jackets & 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 Life Jackets & 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 Life Jackets & Life Vests Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Kids
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Life Jackets & Life Vests Market Size and Volume Forecast by Type
9.7.1. Foam Jackets & Vests
9.7.2. Inflatable Jackets & Vests
9.7.3. Hybrid Jackets & 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 Life Jackets & Life Vests Demand Share Forecast, 2019-2029
10. Latin America Life Jackets & 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 Life Jackets & 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 Life Jackets & Life Vests Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Kids
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Life Jackets & Life Vests Market Size and Volume Forecast by Type
10.7.1. Foam Jackets & Vests
10.7.2. Inflatable Jackets & Vests
10.7.3. Hybrid Jackets & 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 Life Jackets & Life Vests Demand Share Forecast, 2019-2029
11. Europe Life Jackets & 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 Life Jackets & 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 Life Jackets & Life Vests Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Kids
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Life Jackets & Life Vests Market Size and Volume Forecast by Type
11.7.1. Foam Jackets & Vests
11.7.2. Inflatable Jackets & Vests
11.7.3. Hybrid Jackets & 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 Analysis
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 Life Jackets & Life Vests Demand Share, 2019-2029
12. Asia Pacific Life Jackets & 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 Life Jackets & 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 Life Jackets & Life Vests Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Kids
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Life Jackets & Life Vests Market Size and Volume Forecast by Type
12.7.1. Foam Jackets & Vests
12.7.2. Inflatable Jackets & Vests
12.7.3. Hybrid Jackets & 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 Life Jackets & Life Vests Demand Share, 2019-2029
13. Middle East & Africa Life Jackets & 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 Life Jackets & 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 Life Jackets & Life Vests Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Kids
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Life Jackets & Life Vests Market Size and Volume Forecast by Type
13.7.1. Foam Jackets & Vests
13.7.2. Inflatable Jackets & Vests
13.7.3. Hybrid Jackets & 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 Life Jackets & Life Vests Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Life Jackets & Life Vests Market: Market Share Analysis
14.2. Life Jackets & Life Vests Distributors and Customers
14.3. Life Jackets & 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. DICK'S Sporting Goods
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
