Dublin, July 04, 2023 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com is pleased to announce the addition of the Global Life Jacket Market 2023-2027report to its offering.
The life jacket market is poised for significant growth, with a forecasted CAGR of 7.02% during the period of 2022-2027. According to the report, the market is expected to expand by $1.097 billion, driven by several key factors, including the growing popularity of water sports tourism, increased demand for life jackets, and rising awareness about the multiple advantages of water sporting activities.
One of the major drivers contributing to the market's growth is the expanding water sports infrastructure, aimed at providing a better experience to enthusiasts. Additionally, the introduction of shirt-based life jackets and the emphasis on streamlined and lightweight designs are expected to fuel substantial demand in the market.
The report on the life jacket market offers an in-depth analysis of market size and forecast, current trends, growth drivers, challenges, and vendor analysis.
Market Segmentation:
By End-user:
- Commercial operators
- Professional users
- Swift water rescue users
By Product:
- Inherent
- Inflatable
By Geographical Landscape:
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report provides valuable insights into the life jacket market, covering areas such as market sizing, market forecast, and industry analysis. Furthermore, it includes a robust vendor analysis, helping companies improve their market position. The report examines key players in the market, such as Absolute Outdoor Inc., Aqua Leisure Recreation LLC, Aqua Life, Dongguan City Bestway Sports Goods Co. Ltd., Ganesh Manufacturing, Grand Ocean Marine Co. Ltd., H3O Water Sports, Jiangsu Baizhou Safety Technology Co. Ltd., Johnson Outdoors Inc., Kibo Software Inc., Majestic Marine and Engineering Services, Newell Brands Inc., SeaSafe Systems Ltd., Spinlock Ltd., Stormy Lifejackets Pty Ltd., Survitec Group Ltd.,Viking Life Saving Equipment AS, Wing Group, Air Liquide SA, and Alliance Marine.
The report also highlights the growing popularity of water sports tourism as a major driver for the life jacket market. With the increasing interest in water-based recreational activities, the demand for life jackets has witnessed a significant upswing.
Key Topics Covered:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
4 Historic Market Size
4.1 Global life jacket market 2017 - 2021
4.2 End-user Segment Analysis 2017 - 2021
4.3 Product Segment Analysis 2017 - 2021
4.4 Geography Segment Analysis 2017 - 2021
4.5 Country Segment Analysis 2017 - 2021
5 Five Forces Analysis
6 Market Segmentation by End-user
6.1 Market segments
6.2 Comparison by End-user
6.3 Commercial operators - Market size and forecast 2022-2027
6.4 Professional users - Market size and forecast 2022-2027
6.5 Swift water rescue users - Market size and forecast 2022-2027
6.6 Market opportunity by End-user
7 Market Segmentation by Product
7.1 Market segments
7.2 Comparison by Product
7.3 Inherent - Market size and forecast 2022-2027
7.4 Inflatable - Market size and forecast 2022-2027
7.5 Market opportunity by Product
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks
12 Vendor Analysis
- Absolute Outdoor Inc.
- Aqua Leisure Recreation
- Aqua Life
- Dongguan City Bestway Sports Goods Co.
- Ganesh Manufacturing
- Grand Ocean Marine Co.
- H3O Water Sports
- Jiangsu Baizhou Safety Technology
- Johnson Outdoors
- Kibo Software
- Majestic Marine and Engineering Services
- Newell Brands
- SeaSafe Systems
- Spinlock
- Stormy Lifejackets
- Survitec Group
- Viking Life Saving Equipment
- Wing Group
- Air Liquide
- Alliance Marine
For more information about this report visit https://www.researchandmarkets.com/r/2jhvgp
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