Global Life Jacket Market Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022

Dublin 2, Ireland, 2018-Feb-21 — /EPR Network/ — Coast guard authorities across all oceanic fronts in the world restrict the boarding of recreational vessels (boats) or participating into watersports activities in the absence of proper-sized life jackets, which are in good and serviceable conditions. Similar to how skydivers wear parachutes, football players have their helmets and professional car racers have to put their seat belts on, life jackets will continue to remain a prerequisite for partaking in many watersports events such as rafting, windsurfing or kayaking. The report, compiled by Fact.MR, provides in-depth analysis of the global life jacket market for the forecast period 2017-2022, and offers key insights about future market direction.

Being a sleeveless, inflatable and buoyant vest that keeps the wearer afloat in water, a life jacket is personal flotation device that is the single-most important piece of protective gear used in watersports and other aquatic activities. Life jackets are worn over the upper body, and are designed to hold up the torso of the wearer above water, eliminating the risk of drowning.

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According to Fact.MR, the global market for life jackets will soar at a moderate CAGR, raking revenues worth over US$ 2,500 Mn by the end of 2022. Demand for life jackets is expected to witness promising growth on the account of rising use in nautical tourism.

End-use Tussle – Watersports vs Paddle Sports

Key findings from the market study reveal that a majority of life jackets in the world are used in watersports. However, against the popular belief, the end-use of life jackets is not limited to watersports. According to the report, global sales of life jackets across watersports end-users will be witnessing a robust growth at 5.5% CAGR through 2022. While the use of life jackets in commercial vessels, day sailing, fishing, and offshore sailing is also gaining traction, the market is expected to witness impressive growth in the end-use of life jackets across paddle sports. Although, this segment is expected to witness less than 10% share in the global life jacket market, paddle sports as an end-use of life jackets will create a global incremental opportunity of over US$ 38 Mn between 2017 and 2022.

Competition Tracking

The report has also profiled leading manufacturers of life jackets in the global market, which include Jarden Corp, Stormy Lifejackets Pty Ltd., Mustang Survival Corp., Johnson Outdoors Inc., Kent Sporting Goods Company, Inc., Hansen Protection AS, Safety and Survival Systems International Ltd., Viking Life-Saving Equipment A/S, and Survitec Group Limited

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Table of Content

1. Global Life Jacket  Market – Executive Summary
2. Global Life Jacket  Market Overview
   2.1. Introduction
   2.1.1. Global Life Jacket  Market Taxonomy
   2.1.2. Global Life Jacket  Market Definition
   2.2. Global Life Jacket  Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Life Jacket  Market Y-o-Y Growth
   2.3. Global Life Jacket  Market Dynamics
   2.3.1. Drivers
   2.3.2. Restraints
   2.3.3. Trends
   2.4. Supply Chain
   2.5. Cost Structure
   2.6. Pricing Analysis
   2.7. Raw Material Sourcing Strategy and Analysis
   2.8. List of Distributors
   2.9. Key Participants Market Presence (Intensity Map) By Region
3. Global Life Jacket  Market Analysis and Forecast By Product Type 
   3.1. Global Life Jacket  Market Size and Forecast By Product Type, 2012-2022
   3.1.1. 7lbs Inherent Life Jackets Life Jacket  Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region
   3.1.2. 7lbs-15.5lbs Inherent Life Jackets Life Jacket  Market Size and Forecast, 2012-2022
   3.1.2.1. Revenue (US$ Mn) Comparison, By Region
   3.1.2.2. Market Share Comparison, By Region
   3.1.2.3. Y-o-Y growth Comparison, By Region
   3.1.3. 15.5lbs-22lbs Inherent Life Jackets Life Jacket  Market Size and Forecast, 2012-2022
   3.1.3.1. Revenue (US$ Mn) Comparison, By Region
   3.1.3.2. Market Share Comparison, By Region
   3.1.3.3. Y-o-Y growth Comparison, By Region
   3.1.4. 22lbs Inherent Life Jackets Life Jacket  Market Size and Forecast, 2012-2022
   3.1.4.1. Revenue (US$ Mn) Comparison, By Region
   3.1.4.2. Market Share Comparison, By Region
   3.1.4.3. Y-o-Y growth Comparison, By Region
   3.1.5. 22.5lbs-34lbs Inflatable Life Jackets Life Jacket  Market Size and Forecast, 2012-2022
   3.1.5.1. Revenue (US$ Mn) Comparison, By Region
   3.1.5.2. Market Share Comparison, By Region
   3.1.5.3. Y-o-Y growth Comparison, By Region

Continue…..

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