Life Jacket Market Report and Forecast 2025-2034

The global life jacket market size was approximately USD 1.87 Billion in 2024. The market is assessed to grow at a CAGR of 5.30% between 2025 and 2034, reaching a value of USD 3.13 Billion by 2034.

Key Trends in the Market

A life jacket is a garment which provides protection from drowning by keeping the mouth and nostrils of a person above water. It is generally yellow or orange in colour which makes spotting it in water easy. It is made up of lightweight materials like nylon and polyester, hence it weighs much less than the average weight density of human beings.

• Growing concerns regarding water injury and accidents are positively influencing the life jacket market growth. Life jackets are available in diverse sizes at affordable prices, can prevent accidental drownings, and provide extra comfort and mobility in water.
• One of the crucial life jacket market trends is the growing popularity of water sports such as paddleboarding, swimming, and kayaking, among others. Water sports are widely preferred as fun as well as stress-relieving activities among all age groups and are known to improve physical and emotional well-being.
• The introduction of stringent government regulations to ensure the safety of marine transportation and water sports is positively impacting the demand for life jackets. Moreover, the life jacket market demand is being aided by the growing popularity of beach tourism and cruising for rejuvenation and recreational activities. Life jackets play an essential role in ensuring the safety of passengers and tourists and lowering the risk of injuries.

Market Segmentation

Global Life Jacket Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Breakup by Type

• Inherent
• Inflatable

Breakup by Material

• Nylon
• Polyester
• Others

Breakup by End Use

• Water Sports
• Military and Safety Operation
• Others

Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Moreover, the livelihoods of many Canadians working in the fisheries, aquaculture, and energy production industries are dependent on the  Pacific, the Arctic, and the Atlantic Oceans, which drives up the demand for life jackets in the country.

Competitive Landscape

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 life jacket market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Yamaha Motor Co., Ltd.

Yamaha Motor Co., Ltd. was founded in  1955 and is headquartered in Shizuoka, Japan. It operates in a wide range of sectors, including marine products, robotics, and financial services, among others. Its core area of expertise includes powertrain technology that originates from motorcycle development and the classic/hull technology that complements the performance of vehicles. It has a global presence spanning across 200 countries and its aim is to create products which surpass customer expectations.

Johnson Outdoors Inc.

Johnson Outdoors Inc. was founded in 1970 and is headquartered in Wisconsin, United States. It is a family of core brands   like Minn Kota, Humminbird, and Cannon Downriggers that build products by using emerging technologies. It operates in 24 countries across the world and has made many innovative vehicle products, like pedal-powered watercraft that does not  require paddling by humans.

Switlik Parachute Company.

Switlik Parachute Company was founded in 1920 in the United States. It manufactures a wide variety of products, including life vests, anti-gravity suits, and face shields, among others. It has a global presence and a client base within the municipal police, fire, and search and rescue sectors.

Other life jacket market players include Aqualung Group, Dongguan City Bestway Sports Goods Technology Co., Ltd., Stormy Lifejackets Pty Ltd., Kent Water Sports, LLC, SeaSafe Systems Ltd., The Coleman Company, Inc., and Aqua-Leisure Recreation, LLC, among others.
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