Market Review & Growth Insights: Life Jackets 2032

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The global life jacket market is witnessing significant growth, driven by increasing awareness regarding water safety, stringent government regulations, and a rise in outdoor recreational activities. The market is expected to expand substantially over the coming years, fueled by growing demand across commercial, industrial, and recreational applications.

Life Jacket Market Research Report 2032
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Life Jacket Market Research Report 2032

The global life jacket market size was valued at approximately USD 2.5 billion in 2023 and is forecasted to reach around USD 4.2 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period.