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Japan Life Jacket Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Japan Life Jacket Market – (By Type – Inherent and Inflatable; By Technology – Regular Life Jackets and Smart Life Jackets; By Size – Adult and Kids; By Material - Foam, Nylon and Plastic; By Application - Water Sports, Day Sailing, Fishing, Offshore Sail, Offshore Power, Paddle Sports, Commercial Vessels, Airlines and Search & Rescue; and By Distribution Channel - Hypermarket/Supermarket, Departmental Stores, Online Retail, Sport Stores and Others) – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

  • Published On: 05-Jan-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0122115
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Japan Life Jacket Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2021US$ 131.1 Mn
Expected Revenue in 2027US$ 184.5 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR5.9%
Segments coveredBy Type, By Technology, By Size, By Material Type, By Application, By Distribution Channel
Key CompaniesTakashina Life Preservers Co., Ltd., Mitsui O.S.K. Lines, Ltd., and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

FREQUENTLY ASKED QUESTIONS

Types of material used in life jackets are foam, nylon, and plastic.

Rising drownings cases in Japan leads to increase in demand for life jackets and innovations in life jackets in the country.

In 2021, size of the Japan Life Jacket Market was US$ 131.1 Mn. 

Fujikura Composites Inc., Survitec Group, Tailwalk, Mitsui O.S.K. Lines. Ltd., Nippon Tansan Gas Co., Ltd., and Maritime Progress Ltd. among others are some major key players in the Japan life jacket market. 

Japan life jacket market is segmented on the basis of type, technology, material type, size, and distribution channel.

The distribution channel are Hypermarket/ Supermarket, Departmental Stores, Online Retail and Sport Stores.

In 2021, life jackets are majorly used during fishing, and the segment holds highest share of 21.4%.

Inherent Jackets and Inflatable Jackets are two different types of life jackets available in Japan. 

In Adults category, medium sized life jackets are majorly demanded, while in kids category, youth sized life jackets are highly in demand. 

Japan Life Jacket market witnessed a decline of approx. -2.2% in 2020, post the outbreak of COVID-19 pandemic.

The regular maintenance of life jackets and inflatable canisters to avoid failure during accidents is one of the major restraints of the market.