The global Life Vests market was valued at 191.96 Million USD in 2021 and will grow with a CAGR of 6.3% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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. The consumption revenue of Life Vests is about 1669.3 M USD in 2015. Europe is the largest consumption of Life Vests, with a sales revenue market share nearly 27.24%in 2015. The second place is USA; following Europe with the sales revenue market share over 19.40% in 2015. China is another important consumption market of Life Vests.

By Market Verdors:

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

By Types:

Foam Vests

Inflatable Vests

Hybrid Vests

By Applications:

Adults

Kids

Animals

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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