The latest study released on the Global Life Jackets & Vests Market by AMA Research evaluates market size, trend, and forecast to 2027. The Life Jackets & Vests market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Survitec Group (United Kingdom), VIKING Life-Saving Equipment (Demark), Hansen Protection (Norway), Drager (Germany), Johnson Outdoors (United States), Kent Sporting Goods (United States), LALIZAS (Greece), Mustang Survival (Canada), International Safety Products (United Kingdom) and SECUMAR (Germany)
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Definition:
Personal flotation devices, or PFDs, are the technical terms for life vests and life jackets. Because they are meant to keep a person afloat in the event of an emergency, they are considered life-saving equipment. A PFD’s main purpose is to maintain a person on the water’s surface in a reasonably upright position so that they can breathe and avoid having to tread water to stay afloat. A boat must carry at least one Coast Guard-approved PFD per passenger, including one for each individual water skiing, according to US Coast Guard regulations. Lifejackets are available in a variety of shapes, colours, and sizes. Many of them are light and pliable. Some are incorporated directly into fishing vests or hunter coats.
Market Leaders and their expansionary development strategies
On 6 May 2021, Global Survival Technology leader, Survitec, announced that it has completed the acquisition of Hansen Protection, a leading European provider of personal protective equipment. The transaction reinforces Survitec as the global leader for Survival Technology across the Maritime, Defence & Government, Energy, and Aerospace markets. Survitec’s complete portfolio and its wide-reaching footprint creates a single partner for customers across the globe. and On 4 August 2020, Mustang Survival, the North American brand known for innovative solutions for the most demanding marine environments, is announce, that after the recent acquisition of MTI Adventurewear by its parent company the Wing Group, the two brands will merge to create a key player in the paddlesports market.California based Wing Group, a leading manufacturer of inflatable sponsons, small combat craft, whitewater rafting solutions, life rafts, and marine doors and windows.
Market Trend
Market Drivers
Opportunities
The Global Life Jackets & Vests Market segments and Market Data Break Down are illuminated below:
by Type (Offshore Life Jackets, Near-Shore Vests, Flotation Aids, Throwable Devices, Special-Use Devices), Application (Watersports, Day Sailing, Offshore Sail, Paddle sports), Material (Neoprene, Nylon), Distribution Channel (Online, Offline), End User (Unisex, Men, Women, Kids)
Global Life Jackets & Vests market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
Objectives of the Report
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Major highlights from Table of Contents:
Life Jackets & Vests Market Study Coverage:
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Key questions answered
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