QYResearch: The global consumption revenue of Life Vests is about 1756.5 M USD in 2016
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.
According to QYResearch, In Consumption market, the global revenue will increases to 1756.5 M USD in 2016 from 1326.5 M USD in 2011. 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.
Life Vests sales in Foam Vests, Inflatable Vests and Hybrid Vests. Report data showed that 73.27% of the Life Vests market demand in Foam Vests, 16.72% in Inflatable Vests in 2015.
Life Vests mainly used by Adults, Kids and Animals. Report data showed that 76.10% of the Life Vests market used by Adults, 18.51% by Kids and 5.39% used by Animals in 2015.
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