“Global Life Jacket Market is expected to foresee a compound annual growth rate (CAGR) of 7.1 % from 2021 to 2030”, says Accurize Market Research.

   

Life jackets are inflatable life-saving jackets used in water sports and marine activities. Life jackets are also helpful in the protection of people involved in lifeguarding & entertainment, water sampling, shipbuilding & repair, rescue operations/ rescue operations, and construction work on decks, piers, docks, and bridges among others. Hike in the deaths from recreational & adventure boating activities such as rafting or kayaking during swimming and sports activities is driving the global life jacket market. Also, the increased inclination of people towards yacht cruising, motor boating, sailboat racing, rafting, and canoeing are also marking a certain hike in the market growth. Moreover, the upsurge in travel & tourism, commercialization of sports activities, and increasing adventure sports activities are increasing the need for life jackets. Life jackets also prevent the individual involved in construction activities of ships, boats, dams, or protecting people during natural calamities such as floods, tsunamis for rescuing. Also, government regulations & personal health and safety awareness is augmenting the market growth significantly.

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The Global Life Jacket Market is fragmented Into Type, Product, End-user, Distribution Channel, and Region.

The Global Life Jacket Market outlook – North America dominates the market among all the geographies.

Based on geography, the global life jacket market is bifurcated into North America, Europe, Asia Pacific, and the Rest of the World. North America is leading the market owing to increased adventurous activities and awareness leading to greater consumption of life jackets.

Prominent players of the global life jacket market:

The Coleman Company, Johnson Outdoors, Safety and Survival Systems International Ltd., Stormy Lifejackets Pty Ltd., Mustang Survival Corp., Hansen Protection AS, International Safety Products, VIKING Life-Saving Equipment, Survitec Group, Jarden Corp., and Kent Sporting Goods Company Inc., among others.

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