PFDs (Personal Flotation Devices) Market
PFDs (Personal Flotation Devices) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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PFDs (Personal Flotation Devices) Market Size and Growth
The Personal Flotation Devices (PFDs) market is experiencing robust growth, driven by increasing water recreational activities and safety regulations. Valued at approximately $1.5 billion in 2023, the market is projected to expand at a CAGR of 5% through 2030, reflecting heightened consumer awareness and demand for safety equipment in aquatic environments.
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Companies Covered
(Covid 19 Impact Covered)
◍ Survitec Group Limited
◍ VIKING Life-Saving Equipment
◍ The Coleman Company
◍ Kent Sporting Goods
◍ Mustang Survival
◍ Hansen Protection
◍ Drarger
◍ Johnson Outdoors
◍ LALIZAS
◍ Secumar
◍ International Safety Products
◍ NRS (Northwest River Supplies)
◍ Dongtai Jianghai
◍ Wuxi Xingtai Shipping Equipment
◍ SALUS MARINE WEAR INC.
◍ Aqua Lung International
◍ O'Neill
◍ Astral
The PFD market features key players like Survitec Group, VIKING, and Mustang, innovating designs and enhancing safety. Companies like Johnson Outdoors and Aqua Lung boost sales through diverse product lines and targeting niche markets. Growth is driven by expanding recreational boating and water sports participation. Revenue figures include:
- Johnson Outdoors: Approx. $500 million
- Mustang Survival: Estimated $60 million
- VIKING Life-Saving Equipment: Roughly $300 million
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