Global Personal Flotation Devices Market Trajectory and Forecasts 2020-2027

DUBLIN, Dec. 29, 2020 /PRNewswire/ -- The "Personal Flotation Devices - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Personal Flotation Devices estimated at US$6.2 Billion in the year 2020, is projected to reach a revised size of US$7.5 Billion by 2027, growing at a CAGR of 2.8% over the period 2020-2027.

The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 5.3% CAGR

The Personal Flotation Devices market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Bernhardt Apparatebau GmbH u. Co. (SECUMAR)
• Hansen Protection
• International Safety Products
• Johnson Outdoors Inc.
• Kokatat
• LALIZAS
• Mustang Survival ULC
• Survitec Group Limited
• The Coleman Company Inc.
• Viking Life-Saving Equipment A/S

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Personal Flotation Devices Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/jnaa2j

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SOURCE Research and Markets