Global Personal Flotation Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Type I , Type II, Type III, Type IV, and Type V.

By Actuation;

Manually Activated, and Automatically Activated.

By Sales channel;

Specialty Stores, Company Owned Outlets, Online Sales Channels, and Others.

By End User;

Aquaculture Industry, Oil & Gas Industry, Naval Industry, and Other Industry.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn189280677 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Personal Flotation Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Personal Flotation Devices Market was valued at USD 2664.20 million. The size of this market is expected to increase to USD 3505.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global personal flotation devices (PFD) market is an essential and growing sector in the safety and outdoor recreational industries. Personal flotation devices, commonly known as life jackets, life vests, and buoyancy aids, are designed to keep individuals afloat in water, providing protection in emergency situations. These devices are crucial for water-based activities such as boating, swimming, fishing, kayaking, and water sports, as well as in industrial applications like maritime and offshore work. With increasing participation in water-related activities and growing safety awareness, the demand for PFDs is steadily rising, with manufacturers continuously innovating to meet evolving consumer and regulatory requirements.

The growth of water sports and recreational activities is a key driver of the personal flotation devices market. As more people engage in recreational boating, fishing, kayaking, and other water sports, the need for reliable safety equipment has intensified. According to global safety regulations, including those set by the International Maritime Organization (IMO) and national authorities like the U.S. Coast Guard, the use of PFDs is mandatory in certain circumstances, particularly for children and individuals participating in high-risk activities. The increasing number of participants in these activities, combined with stricter safety regulations, is fueling the demand for a wide variety of PFDs that cater to different needs, including lightweight, comfortable, and high-performance devices.

Technological advancements and innovations in PFD design are enhancing the functionality, comfort, and performance of personal flotation devices. Manufacturers are focusing on incorporating lightweight materials, breathable fabrics, and ergonomic designs that improve the wearer's comfort during extended periods of use. Furthermore, advancements in inflatable PFDs, which offer enhanced buoyancy and compact storage, are gaining popularity. These inflatable devices are particularly favored in recreational boating and water sports, as they are easier to wear and stow while offering reliable buoyancy when activated. Additionally, some modern PFDs are integrated with advanced safety features such as automatic inflation systems, GPS tracking, and integrated signaling devices, improving overall safety during water activities.

The commercial and industrial applications of personal flotation devices are also contributing to the market's growth. PFDs are widely used in maritime industries, including shipping, fishing, and offshore oil and gas exploration, where workers are exposed to high-risk conditions. Regulatory agencies across various regions have enforced stringent workplace safety laws requiring the use of PFDs for workers in marine environments. This has led to an increased demand for specialized devices that meet industry-specific safety standards. As the global maritime trade continues to expand and offshore industries grow, the need for high-quality, durable, and compliant PFDs will likely continue to rise. Overall, the global personal flotation devices market is poised for steady growth, driven by innovations in product design, increased consumer awareness of safety, and the expanding participation in water-based activities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Actuation
    3. Market Snapshot, By Sales channel
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Global Personal Flotation Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Awareness of Water Safety and Drowning Prevention
        2. Growth in Water Sports and Recreational Activities
        3. Government Regulations and Mandates for Water Safety Equipment
      2. Restraints
        1. High Cost of High-Performance PFDs
        2. Inconvenience and Comfort Issues with Some PFD Designs
        3. Environmental Concerns Over Non-Biodegradable Materials
      3. Opportunities
        1. Growth in Boating, Fishing, and Water Tourism Industries
        2. Adoption of Eco-Friendly and Sustainable Materials for PFDs
        3. Innovation in Smart PFDs with Integrated Technology
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Personal Flotation Devices Market, By Product, 2021 - 2031 (USD Million)
      1. Type I
      2. Type II
      3. Type III
      4. Type IV
      5. Type V
    2. Global Personal Flotation Devices Market, By Actuation, 2021 - 2031 (USD Million)
      1. Manually Activated
      2. Automatically Activated
    3. Global Personal Flotation Devices Market, By Sales channel, 2021 - 2031 (USD Million)
      1. Specialty Stores
      2. Company Owned Outlets
      3. Online Sales Channels
      4. Others
    4. Global Personal Flotation Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Aquaculture Industry
      2. Oil & Gas Industry
      3. Naval Industry
      4. Other Industry
    5. Global Personal Flotation Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Survitec Group Limited
      2. Mustang Survival Corp.
      3. Johnson Outdoors Inc.
      4. The Coleman Company Inc.
      5. Kent Sporting Goods Company, Inc.
      6. MTI Life Jackets
      7. Astral Buoyancy Company
      8. Aqua Lung International S.A.
      9. Kokatat, Inc.
      10. NRS (Northwest River Supplies)
      11. Stohlquist WaterWare
      12. Harmony Gear
      13. Salus Marine Wear Inc.
      14. O'Neill Wetsuits LLC
      15. Mustang Survival Corp.
  7. Analyst Views
  8. Future Outlook of the Market