Market Overview:
The global marine liferafts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as increasing maritime trade, rising sea levels and incidents of piracy. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into solo type, both type and others. Solo type liferafts are those that are designed for a single person while both types liferafts are those that can accommodate more than one person. Others include rafts that are not designed for a specific purpose but can be used for multiple applications such as maritime rescue, recreational rescue or others. On the basis of application, the market is divided into maritime rescue, recreational rescue and others which includes commercial fishing vessels among others applications. Maritime rescue constitutes a majority share in terms of revenue generated in this sector owing to increased incidents involving sinking ships or boats etc.
Product Definition:
A marine liferaft is a device, typically inflatable, that is designed to allow passengers to escape from a sinking or burning vessel and survive until they can be rescued. Marine liferafts are often carried on boats and ships as a precaution in case of an emergency.
Solo Type:
Solo type is a new term in the marine industry and it means one person raft or one person life jacket. It’s an personal flotation device that can be used alone or along with others to form a survival kit. Solo types are designed for one person only, but some models can accommodate up to two people if they are small enough.
Both Type:
Both type laminates are used in marine life rafts. The inner layer is made of polyurethane and the outer layer is made of PVC. Both materials have their advantages and both together make a very strong material which can survive many different kinds of impacts without being damaged or losing integrity.
Application Insights:
The market is segmented by application into maritime rescue, recreational rescue, others and based on the type of lifeboat carried solo or in combination with another boat. The maritime rescue segment dominated the overall marine liferafts market in 2017 owing to increasing demand for such boats from various sectors including oil & gas, leisure and commercial. Increasing number of SAR operations globally has led to an increase in demand for survival craft that can carry out search-and-rescue (SAR) operations at sea longer distances than normal ships would be able to do so due to limited fuel supplies on board. Such factors are expected to drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period. The growth of this region can be attributed to increasing maritime activities in countries such as China, India, and Australia. Furthermore, growing tourism in these countries has led to an increase in marine related incidents resulting into an increased demand for life rafts. Increasing fishing activity has also resulted into an increased demand for life rafts across this region.
The European market is anticipated to witness significant growth over the forecast period owing to several maritime based sports events that are scheduled during the year 2030 which will boost product sales across this region.
Growth Factors:
- Increasing demand for marine liferafts from the commercial sector as a result of increasing maritime trade and traffic.
- Growing popularity of recreational boating and sailing, which is driving the demand for marine liferafts.
- Stringent safety regulations by various maritime authorities across the world are fueling the growth of marine liferaft market.
- Technological advancements in marine lifesaving equipment is providing new opportunities for the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
Marine Liferafts Market Research Report
By Type
Solo Type, Both Type, Others
By Application
Maritime Rescue, Recreational Rescue, Others
By Companies
Eurovinil, Seasafe Systems, Revere Survival Products, Viking Yachting, Switlik, Plastimo, Survitec Zodiac, ThrowRaft, SRG International, Canepa & Campi, Osculati, LALIZAS, Forwater, Crewsaver, Bombard
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Marine Liferafts Market Report Segments:
The global Marine Liferafts market is segmented on the basis of:
Types
Solo Type, Both Type, 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
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:
- Eurovinil
- Seasafe Systems
- Revere Survival Products
- Viking Yachting
- Switlik
- Plastimo
- Survitec Zodiac
- ThrowRaft
- SRG International
- Canepa & Campi
- Osculati
- LALIZAS
- Forwater
- Crewsaver
- Bombard
Highlights of The Marine Liferafts 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:
- Solo Type
- Both Type
- Others
- 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 Liferafts 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
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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 Liferafts are a type of emergency lifeboat that can be deployed from ships and submarines. They are designed to provide temporary shelter for up to 36 people, and can be inflated in just 10 minutes using an air pump. Marine Liferafts are typically made from lightweight materials such as aluminum or fiberglass, and can be equipped with survival gear such as food, water supplies, first-aid kits, and radios.
Some of the major companies in the marine liferafts market are Eurovinil, Seasafe Systems, Revere Survival Products, Viking Yachting, Switlik, Plastimo, Survitec Zodiac, ThrowRaft, SRG International, Canepa & Campi, Osculati, LALIZAS, Forwater, Crewsaver, Bombard.
The marine liferafts 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. Marine Liferafts 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. Marine Liferafts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Marine Liferafts Market - Supply Chain
4.5. Global Marine Liferafts Market Forecast
4.5.1. Marine Liferafts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Marine Liferafts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Marine Liferafts Market Absolute $ Opportunity
5. Global Marine Liferafts 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. Marine Liferafts Market Size and Volume Forecast by Type
5.3.1. Solo Type
5.3.2. Both Type
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Marine Liferafts 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. Marine Liferafts Market Size and Volume Forecast by Application
6.3.1. Maritime Rescue
6.3.2. Recreational Rescue
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Marine Liferafts 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. Marine Liferafts 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 Marine Liferafts 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. Marine Liferafts 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 Marine Liferafts Demand Share Forecast, 2019-2026
9. North America Marine Liferafts 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 Marine Liferafts 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 Marine Liferafts Market Size and Volume Forecast by Application
9.4.1. Maritime Rescue
9.4.2. Recreational Rescue
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Marine Liferafts Market Size and Volume Forecast by Type
9.7.1. Solo Type
9.7.2. Both Type
9.7.3. Others
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 Marine Liferafts Demand Share Forecast, 2019-2026
10. Latin America Marine Liferafts 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 Marine Liferafts 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 Marine Liferafts Market Size and Volume Forecast by Application
10.4.1. Maritime Rescue
10.4.2. Recreational Rescue
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Marine Liferafts Market Size and Volume Forecast by Type
10.7.1. Solo Type
10.7.2. Both Type
10.7.3. Others
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 Marine Liferafts Demand Share Forecast, 2019-2026
11. Europe Marine Liferafts 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 Marine Liferafts 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 Marine Liferafts Market Size and Volume Forecast by Application
11.4.1. Maritime Rescue
11.4.2. Recreational Rescue
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Marine Liferafts Market Size and Volume Forecast by Type
11.7.1. Solo Type
11.7.2. Both Type
11.7.3. Others
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 Marine Liferafts Demand Share, 2019-2026
12. Asia Pacific Marine Liferafts 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 Marine Liferafts 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 Marine Liferafts Market Size and Volume Forecast by Application
12.4.1. Maritime Rescue
12.4.2. Recreational Rescue
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Marine Liferafts Market Size and Volume Forecast by Type
12.7.1. Solo Type
12.7.2. Both Type
12.7.3. Others
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 Marine Liferafts Demand Share, 2019-2026
13. Middle East & Africa Marine Liferafts 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 Marine Liferafts 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 Marine Liferafts Market Size and Volume Forecast by Application
13.4.1. Maritime Rescue
13.4.2. Recreational Rescue
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Marine Liferafts Market Size and Volume Forecast by Type
13.7.1. Solo Type
13.7.2. Both Type
13.7.3. Others
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 Marine Liferafts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Marine Liferafts Market: Market Share Analysis
14.2. Marine Liferafts Distributors and Customers
14.3. Marine Liferafts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eurovinil
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Seasafe Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Revere Survival Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Viking Yachting
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Switlik
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Plastimo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Survitec Zodiac
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ThrowRaft
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SRG International
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Canepa & Campi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Osculati
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. LALIZAS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Forwater
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Crewsaver
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bombard
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
