According to a market report by Lucintel, the future of the global personal flotation device market looks promising with opportunities in the water entertainment & sporting, commercial & industrial, and military markets. The global personal flotation device market is expected to grow with a CAGR of 4.2% from 2024 to 2031. The major drivers for this market are the increasing focus on water safety, the rising participation in water sports, and the growing awareness of drowning prevention.
A more than
150-page report to understand trends, opportunity and forecast in global personal
flotation device market to 2031 by type (buoyancy aid, life jacket, survival
suit, buoyancy compensator, and others), application (water entertainment &
sporting, commercial & industrial, military, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, life jacket is expected to witness
the highest growth over the forecast period.
Within the
application category, water entertainment & sporting is expected to witness
the highest growth.
Download
sample by clicking on personal
flotation device market.
In terms
of region, APAC is expected to witness the highest growth over the forecast
period.
Survitec
Group Limited, VIKING Life-Saving Equipment, The Coleman Company, Kent Safety
Products, Mustang Survival, Hansen Protection, Drarger, Johnson Outdoors,
LALIZAS, Secumar are the major suppliers in the personal flotation device market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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