Global PFDs (Personal Flotation Devices) Market Growth 2023-2029

Global PFDs (Personal Flotation Devices) Market Growth 2023-2029

Personal flotation device (abbreviated as PFD; also referred to as a life jacket, life preserver, life belt, Mae West, life vest, life saver, cork jacket, buoyancy aid or flotation suit) is a piece of equipment designed to assist a wearer to keep afloat in water. The wearer may be either conscious or unconscious.

LPI (LP Information)' newest research report, the “PFDs (Personal Flotation Devices) Industry Forecast” looks at past sales and reviews total world PFDs (Personal Flotation Devices) sales in 2022, providing a comprehensive analysis by region and market sector of projected PFDs (Personal Flotation Devices) sales for 2023 through 2029. With PFDs (Personal Flotation Devices) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PFDs (Personal Flotation Devices) industry.

This Insight Report provides a comprehensive analysis of the global PFDs (Personal Flotation Devices) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PFDs (Personal Flotation Devices) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PFDs (Personal Flotation Devices) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PFDs (Personal Flotation Devices) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PFDs (Personal Flotation Devices).

The global PFDs (Personal Flotation Devices) market size is projected to grow from US$ 2138.4 million in 2022 to US$ 2862.2 million in 2029; it is expected to grow at a CAGR of 2862.2 from 2023 to 2029.

The classification of Personal Flotation Devices includes Buoyancy Aid (Foam Core), Life Jacket, Survival Suit, Buoyancy Compensator and Others.

The sales proportion of Life Jacket in 2019 is about 54%.

Personal Flotation Devices is widely used in Water Entertainment and Sporting, Government & Military and others. The most proportion of Personal Flotation Devices is Water Entertainment and Sporting and in 2019 with nearly 52% market share.

Asia-Pacific is the largest consumption region, with a consumption market share of nearly 30% in 2019. Following Asia-Pacific, Europe is the second-largest consumption region with a consumption volume market share of around 28% in 2019.

Market competition is very intense. Survitec Group Limited, VIKING Life-Saving Equipment, The Coleman Company, Kent Sporting Goods, Mustang Survival, Hansen Protection, Drarger, Johnson Outdoors are the leaders of the industry.

This report presents a comprehensive overview, market shares, and growth opportunities of PFDs (Personal Flotation Devices) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Buoyancy Aid (Foam Core)
Life Jacket
Survival Suit
Buoyancy Compensator
Others

Segmentation by application
Passenger & Aircraft Crew
Commercial Vessel
Government & Military
Water Sporting

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Survitec Group Limited
VIKING Life-Saving Equipment
The Coleman Company
Kent Sporting Goods
Mustang Survival
Hansen Protection
Drarger
Johnson Outdoors
LALIZAS
Secumar
International Safety Products
NRS (Northwest River Supplies)
Dongtai Jianghai
Wuxi Xingtai Shipping Equipment
SALUS MARINE WEAR INC.
Aqua Lung International
O'Neill
Astral
Stormy Lifejackets
Kokatat
Harmony Gear
JimBuoy
SeaSafe Systems
Spinlock

Key Questions Addressed in this Report

What is the 10-year outlook for the global PFDs (Personal Flotation Devices) market?

What factors are driving PFDs (Personal Flotation Devices) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do PFDs (Personal Flotation Devices) market opportunities vary by end market size?

How does PFDs (Personal Flotation Devices) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.