Astute Analytica’s recently published report on the global japan life jacket market offers the latest data and determines growth prospects and challenges. A tool for evaluating the potential for new goods and services is the constraints and opportunity analysis. This aids businesses in locating and forecasting market opportunities.
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The study also contains a compilation of qualitative and quantitative evaluations made by subject-matter experts in their fields as well as representatives from various industries found all along the supply chain.
Japan life jacket market is projected to record a revenue of US$ 184.5 Mn by the end of the year 2027, with a CAGR of 5.9% during the forecast period of 2022 to 2027. The market is anticipated to record a growth of more than 1,500 thousand units during the forecast period.
The paper discusses further findings that researchers made based on the comprehensive data and also offers information on the state of the market. The paper discusses kinds and applications based on various nations and important locations. The market’s most active companies are described in detail with regard to attributes like corporate portfolio, business strategy, financial overview, recent developments, and industry share.
Leading Companies
Major key players in the Japan life jacket market are Takashina Life Preservers Co., Ltd., Mitsui O.S.K. Lines, Ltd., Fujikura Composites Inc., K.K. Igarashi, Tailwalk, Fuji Trading Co. Ltd., Kobe Tonghin Pte Ltd., International Safety Products, VIKING Life-Saving Equipment A/S, and The Coleman Company among others.
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We continuously monitor the direct impact COVID-19 (Update Omicron mutations study) has on the market, in addition to the indirect influence of related industries. The report will contain the observations.
The geographical regions are divided into several major categories for production, consumption, revenue (in US dollars), and market share in this analysis. We’ll discuss the predicted growth of the market in this region between 2021 and 2031.
Segmentation Overview
Japan life jacket market segments
As per the analysis, the life jackets market is categorized into two major types – The inherent type and the Inflatable type. As per the research report, the inherent-type life jackets segment accounted for the highest market share of 64.6% in 2020. The inherent-type life jackets market was valued at US$ 79.8 million in 2020, which is further expected to reach US$ 114.8 million by 2027 and projecting growth at a CAGR of 5.3% during the forecast period. The major reason for dominance is that the inherent life jackets are designed with solid material, such as foam, that enables an individual to float on the water and due to its cost-effectiveness, the demand for inherent life jackets are considerably high across several uses, such as day sailing, paddle sports, search & rescue, and others.
Japan life jacket market report segmented on the basis of the following:
By Type
- Inherent
- Inflatable
By Technology
- Regular
- Smart Life Jackets
By Size
- Adult
- X Small
- Small
- Medium
- Large
- X Large
- Kids
- Youth
- Child
- Infant
By Material Type
- Foam
- Nylon
- Plastic
By Application
- Water Sports
- Day Sailing
- Fishing
- Offshore Sail
- Offshore Power
- Paddle sports
- Commercial Vessels
- Airlines
- Search & Rescue
By Distribution Channel
- Hypermarket/ Supermarket
- Departmental Stores
- Online Retail
- Sport Stores
- Others
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