Industry Background:
Children life vest is the life-saving jacket made for children available in foam vests, inflatable vests, and hybrid vests. The life vest for children saves the child in case of water sports or any other dangerous activity. As the number of boat travellers growing it is supervised to use life-saving vests not only for adults but also for children. It is made in different sizes and for proper fit and usage, it is commonly used in the outdoor training activity, cruise ship etc.This growth is primarily driven by Growing Number of Children Participating in the Outdoor Sports Activities which Requires Proper Protection and Need Recreational Activity Life-Saving Safety Clothing and Tools.
Globally, a noticeable market trend is evident Introduction of Colorful Children Life Vest with Adjustable Belts and Other Features. Major Manufacturers, such as Survitec Group (United Kingdom), Drägerwerk AG (Germany), VIKING Life-Saving Equipment A/S (Denmark), Coleman Company, Inc. (United States), Johnson Outdoors Inc. (United States), Kent Sporting Goods Company, Inc. (United States), LALIZAS (Greece) and Mustang Survival (Canada) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
"In support of the ongoing efforts of the states and Coast Guard to improve boating safety, the Coast Guard is requiring that all children under 13 years of age wear Coast Guard-approved life jackets, while aboard recreational vessels underway, except when the children are below decks or in an enclosed cabin. Children's life jacket requirements vary from state to state, however, federal law requires that all children under the age of 13 wear a lifejacket on a moving boat. The only exceptions to this rule are if the child is below deck, in an enclosed cabin, or if the boat is not underway."
Market Drivers
- Growing Number of Children Participating in the Outdoor Sports Activities which Requires Proper Protection
- Need Recreational Activity Life-Saving Safety Clothing and Tools
Market Trend
- Introduction of Colorful Children Life Vest with Adjustable Belts and Other Features
Restraints
- Bulkiness and Uncomfortable Children Life Vest not Easy to Handle by Children for Extended Period
Opportunities
Surging Spendings of People on their Children Water Sports-Related Skill Development will boost the Children Life Vest Market
Challenges
Low-Quality Substitute Product will Affect the Children Life Vest in the Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Children Life Vest Study Sheds Light on
The Children Life Vest Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Children Life Vest industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Children Life Vest industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.