Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global personal flotation devices market size reached a value of approximately USD 6.56 billion in 2023. The market is further expected to grow at a CAGR of 3.3% between 2024 and 2032, reaching a value of USD 8.76 billion by 2032.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
A personal flotation device, also known as a PFD, provides buoyancy to the wearer to help them in staying afloat in water. This throwable or wearable device is used in commercial and recreational settings as well as on military watercraft and aircraft and by professionals working above or around water.
On the basis of product, the market is divided into offshore life jacket, near-shore buoyant vest, flotation aid, throwable devices, and special-use devices. Based on application, the market is classified into passenger and aircraft crew, water sports, commercial vessels, and government and military. By distribution channel, the market is bifurcated into online and offline. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global personal flotation devices market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Near-shore buoyant vest products of personal flotation devices are projected to account for a significant portion of the market over the forecast period as they are commonly used during recreational and general boating activities. The near-shore buoyant vests are suited for calm, inland waters and in situations where there is a chance of quick rescue. In some situations, these vests may also turn the unconscious person in water to a slightly tipped back position or vertical position from face down position, preventing accidental drowning.
North America is anticipated to witness significant growth in the personal flotation devices market, fuelled by rising disposable incomes, wide coastline, and growing popularity of water sports and boating and fishing activities. As more people engage in water sports, boating, and fishing, usage of personal flotation devices is becoming increasingly common. Rising cases of water related accidents such as accidental drowning are further boosting the utilisation of personal flotation devices such as jackets, vests, and tubes.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Astral Buoyancy Company is a manufacturer of technical outdoor products, with a specialisation in the design and production of youth jackets, t-shirts, and canine products, among others. The company was established in 2002 and is based in North Carolina in the United States.
Mustang Survival Corp. was founded in 1967 and is headquartered in British Columbia, Canada. They specialise in flotation clothing, technical outerwear, base layers, hypothermia clothing, backpacks, immersion suits, and gloves, among others.
Aqualung Group is a sporting goods manufacturing company that was established in 1943 and is based in Valbonne, France. The company is one of the leading global manufacturers and designers of diving and water sports gear.
Other market players include Kokatat, Inc., Rescue Technology, Absolute Outdoor of America, LLC, Confluence Kayaks, LALIZAS Group, and Spinlock Limited, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product |
|
Breakup by Application |
|
Breakup by Distribution Channel |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The market reached a value of approximately USD 6.56 billion in 2023.
The market is expected to grow at a CAGR of 3.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 8.76 billion by 2032.
The major market drivers include growing knowledge about the benefits of using personal flotation devices, rising cases of water accidents and drowning, and regulations by various governments regarding safety during water activities.
The key trends fuelling the growth of the market include rising popularity of water sports, increasing availability of customised flotation devices, and growing design innovations.
The major applications of personal flotation devices in the market are passenger and aircraft crew, water sports, commercial vessels, and government and military.
The purpose of a personal flotation devices is to aid in reducing the wearer’s risk of drowning by providing them with buoyancy.
The key players in the global personal flotation devices market are Astral Buoyancy Company, Mustang Survival Corp., Aqualung Group, Kokatat, Inc., Rescue Technology, Aqualung, Absolute Outdoor of America, LLC, Confluence Kayaks, LALIZAS Group, and Spinlock Limited, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share