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The life jacket market size is estimated to grow by USD 1.52 billion at a CAGR of 8.8% between 2023 and 2028. Market expansion hinges on various factors, notably, the surging popularity of water sports tourism worldwide, heightened demand due to safety consciousness, and a growing recognition of the manifold benefits associated with recreational activities. These factors collectively contribute to the vibrant growth trajectory of the market. The rising appeal of engaging in water sports among individuals and families alike fuels market demand, with safety equipment such as life jackets becoming indispensable accessories. Furthermore, increased awareness regarding the physical, mental, and social advantages of participating in water sports drives consumers to explore these activities, thereby propelling market growth and creating opportunities for innovation and diversification within the water sports industry.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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