Market Overview:
The global PFDs 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 awareness about safety and security among people, rising maritime trade, and growing demand for leisure boating activities. In terms of type, the life jackets segment is expected to lead the global PFDs market during the forecast period. This can be attributed to their increased use in commercial as well as recreational applications across regions.
Product Definition:
PFDs are personal flotation devices. They are important because they can keep people safe in the water.
Life Jackets:
Life jackets are wearable protective devices that help to reduce the risk of immersion death by providing buoyancy and directional stability in water. They can be floating or sinking type depending upon their construction material. Life jackets are primarily made from three types of materials; foam, air cells, and polymer films.
Throw Rings:
The throw rings are used in personal floatation devices (PFDs) to provide a means of manually deploying and retrieving an inflatable lifejacket. The device consists of two concentric circles, one marked with a series of notches for determining the innermost depth and the other with lines for determining how many inches the jacket can be inflated by mouth.
Application Insights:
The other application segment includes the use of Personal Flotation Devices (PFDs) by the elderly, people with disabilities and children. The growing importance of safety for these groups is expected to drive demand over the forecast period. In addition, a rise in maritime trade across major waterways is anticipated to further increase product demand over the next eight years.
For adult men was estimated as USD 1,064.5 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to an increase in commercial maritime activities globally coupled with rising awareness about personal safety at sea among male seafarers worldwide. Moreover, increasing spending on recreational boating activities among males above 18 years old globally will fuel industry expansion during this period as well.
In terms of volume for adults women application segment accounted for 40% share in 2017.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, owing to growing recreational boating activities and rising adoption of personal flotation devices by swimmers. In addition, presence of a large number of water sports leagues including rowing, canoeing, kayaking and white-water rafting are boosting the product demand in North America.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness about personal safety while swimming or fishing along with an increase in participation rates across countries such as China and India. Furthermore, government initiatives encouraging water sports activities are projected to further fuel regional product demand over the next eight years.
Growth Factors:
- Increasing demand from the commercial sector for PFDs as a safety precaution.
- Growing popularity of water sports and activities, which is driving demand for PFDs.
- Rising awareness about the importance of personal flotation devices as a safety measure, especially among recreational boaters and fishermen.
- Technological advancements in PFD design and construction that are making them more comfortable and user-friendly to wear.
Scope Of The Report
Report Attributes
Report Details
Report Title
PFDs Market Research Report
By Type
Life Jackets, Throw Rings, Safety Lights, Others
By Application
For Adult Men, For Adult Women, For Children, For Others
By Companies
Stearns, Onyx, Stohlquist, Kent Sporting Goods, O'Brien, Phantom Aquatics, Grundens, Promate
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global PFDs Market Report Segments:
The global PFDs market is segmented on the basis of:
Types
Life Jackets, Throw Rings, Safety Lights, 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
For Adult Men, For Adult Women, For Children, For 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:
- Stearns
- Onyx
- Stohlquist
- Kent Sporting Goods
- O'Brien
- Phantom Aquatics
- Grundens
- Promate
Highlights of The PFDs 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:
- Life Jackets
- Throw Rings
- Safety Lights
- Others
- By Application:
- For Adult Men
- For Adult Women
- For Children
- For 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 PFDs 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?
A Personal Flotation Device (PFD) is a life jacket or buoyant device worn by individuals engaged in water sports, including boating, swimming, and sailing. PFDs are mandatory for all recreational boaters under the age of 18 years.
Some of the major companies in the pfds market are Stearns, Onyx, Stohlquist, Kent Sporting Goods, O'Brien, Phantom Aquatics, Grundens, Promate.
The pfds 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. PFDs 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. PFDs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. PFDs Market - Supply Chain
4.5. Global PFDs Market Forecast
4.5.1. PFDs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. PFDs Market Size (000 Units) and Y-o-Y Growth
4.5.3. PFDs Market Absolute $ Opportunity
5. Global PFDs 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. PFDs Market Size and Volume Forecast by Type
5.3.1. Life Jackets
5.3.2. Throw Rings
5.3.3. Safety Lights
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global PFDs 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. PFDs Market Size and Volume Forecast by Application
6.3.1. For Adult Men
6.3.2. For Adult Women
6.3.3. For Children
6.3.4. For Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global PFDs 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. PFDs 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 PFDs 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. PFDs 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 PFDs Demand Share Forecast, 2019-2026
9. North America PFDs 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 PFDs 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 PFDs Market Size and Volume Forecast by Application
9.4.1. For Adult Men
9.4.2. For Adult Women
9.4.3. For Children
9.4.4. For Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America PFDs Market Size and Volume Forecast by Type
9.7.1. Life Jackets
9.7.2. Throw Rings
9.7.3. Safety Lights
9.7.4. 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 PFDs Demand Share Forecast, 2019-2026
10. Latin America PFDs 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 PFDs 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 PFDs Market Size and Volume Forecast by Application
10.4.1. For Adult Men
10.4.2. For Adult Women
10.4.3. For Children
10.4.4. For Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America PFDs Market Size and Volume Forecast by Type
10.7.1. Life Jackets
10.7.2. Throw Rings
10.7.3. Safety Lights
10.7.4. 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 PFDs Demand Share Forecast, 2019-2026
11. Europe PFDs 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 PFDs 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 PFDs Market Size and Volume Forecast by Application
11.4.1. For Adult Men
11.4.2. For Adult Women
11.4.3. For Children
11.4.4. For Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe PFDs Market Size and Volume Forecast by Type
11.7.1. Life Jackets
11.7.2. Throw Rings
11.7.3. Safety Lights
11.7.4. 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 PFDs Demand Share, 2019-2026
12. Asia Pacific PFDs 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 PFDs 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 PFDs Market Size and Volume Forecast by Application
12.4.1. For Adult Men
12.4.2. For Adult Women
12.4.3. For Children
12.4.4. For Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific PFDs Market Size and Volume Forecast by Type
12.7.1. Life Jackets
12.7.2. Throw Rings
12.7.3. Safety Lights
12.7.4. 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 PFDs Demand Share, 2019-2026
13. Middle East & Africa PFDs 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 PFDs 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 PFDs Market Size and Volume Forecast by Application
13.4.1. For Adult Men
13.4.2. For Adult Women
13.4.3. For Children
13.4.4. For Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa PFDs Market Size and Volume Forecast by Type
13.7.1. Life Jackets
13.7.2. Throw Rings
13.7.3. Safety Lights
13.7.4. 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 PFDs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global PFDs Market: Market Share Analysis
14.2. PFDs Distributors and Customers
14.3. PFDs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stearns
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Onyx
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stohlquist
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kent Sporting Goods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. O'Brien
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Phantom Aquatics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grundens
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Promate
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
