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Global Life Vests Sales Market Report 2023
SKU ID : QYR-23271158 | Publishing Date : 24-Mar-2023 | No. of pages : 145
Life Vests are jackets of buoyant or inflatable construction, for supporting the wearer in deep water and preventing drowning. Life Vests are essential piece of gear for boating, fishing, and various water sports. It’s designed to keep the wearer’s head above the water, either in a vertical of face-up position depending on the type.
Market Analysis and Insights: Global Life Vests Market
Due to the COVID-19 pandemic, the global Life Vests market size is estimated to be worth US$ 2352.9 million in 2022 and is forecast to a readjusted size of US$ 3301.8 million by 2029 with a CAGR of 4.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Foam Vests accounting for % of the Life Vests global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Adults segment is altered to an % CAGR throughout this forecast period.
Currently, there are many producing companies in the world Life Vests industry, especially in Europe, North America and China. The main market players are Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, Dräger, 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 and Xiamen Shenshou Science and Technology, etc, with about 29% market shares.
Europe is the largest consumption of Life Vests, with a sales revenue market share nearly 27%. The second place is USA, following Europe with the sales revenue market share over 19%. China is another important consumption market of Life Vests.
Global Life Vests Scope and Market Size
The global Life Vests market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Life Vests market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Foam Vests
Inflatable Vests
Hybrid Vests
Segment by Application
Adults
Kids
Animals
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Survitec
VIKING Life-Saving Equipment
The Coleman Company
Hansen Protection
Dräger
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
Market Analysis and Insights: Global Life Vests Market
Due to the COVID-19 pandemic, the global Life Vests market size is estimated to be worth US$ 2352.9 million in 2022 and is forecast to a readjusted size of US$ 3301.8 million by 2029 with a CAGR of 4.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Foam Vests accounting for % of the Life Vests global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Adults segment is altered to an % CAGR throughout this forecast period.
Currently, there are many producing companies in the world Life Vests industry, especially in Europe, North America and China. The main market players are Survitec, VIKING Life-Saving Equipment, The Coleman Company, Hansen Protection, Dräger, 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 and Xiamen Shenshou Science and Technology, etc, with about 29% market shares.
Europe is the largest consumption of Life Vests, with a sales revenue market share nearly 27%. The second place is USA, following Europe with the sales revenue market share over 19%. China is another important consumption market of Life Vests.
Global Life Vests Scope and Market Size
The global Life Vests market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Life Vests market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Foam Vests
Inflatable Vests
Hybrid Vests
Segment by Application
Adults
Kids
Animals
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Survitec
VIKING Life-Saving Equipment
The Coleman Company
Hansen Protection
Dräger
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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