Global Ship Liferafts Market – Market Reports World

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According to the latest research, the global Ship Liferafts market size was valued at USD 361.84 million in 2022 and is expected to expand at a CAGR of 4.14% during the forecast period, reaching USD 461.57 million by 2028.

Ship Liferaftst is an inflatable boat carried onboard a ship. It can be used for evacuation in case of an emergency or disaster on the vessel. Ship Liferaftst comes in different sizes and is made of sturdy material like neoprene or polyurethane fabric. It is essential safety equipment.

Development of the marine transportation industry
Marine transportation is the most important mode of transportation in international logistics. The main transport mode for global trade is ocean shipping: around 90% of traded goods are carried over waves. Lifeboat and life raft availability on large ships and commercial vessels are subject to international, national, and regional laws. Legislation typically requires that a vessel carry sufficient lifeboats and life rafts to ensure all passengers can be rescued. With the rapid development of the marine transportation industry, the Ship Liferafts market shows a growing trend.

The rising number of marine accidents will stimulate increased demand for ship liferafts
The increasing number of marine accidents due to bad weather conditions and the negligence of some captains will stimulate the demand for liferafts for ships going to sea. Additionally, these ship life rafts can be used for the rapid evacuation of passengers and crew, making them an integral part of any modern cruise ship as well as maritime transport.

Customer and brand barrier
Ship Liferafts products have higher market and brand requirements. First of all, products such as Ship Liferafts are generally used as large transport fleet procurement, which has higher requirements for the qualifications and scale of the production enterprises. Manufacturers that have brand awareness and successful cases of large-scale projects are more likely to obtain orders. Only companies with strong technology, advanced equipment, rich project experience, perfect after-sales service system, and a good reputation can easily win customers. Main manufacturers have rich experience in the field of Ship Liferafts and have a strong brand image, which will raise the barriers to entry for the industry and limit the number of new entrants.

Region Overview:
Geographically, Europe held the largest market share – 42.29% in 2022.

Company Overview:
Survitec, VIKING, FUJIKURA COMPOSITES, Shanghai Youlong Rubber Products and LALIZAS are the five key players in the global Ship Liferafts market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Ship Liferafts market in the past 5 years.

Survitec
Survitec is a global Survival Technology leader to the maritime, defence & government, aerospace and energy sectors.

VIKING
VIKING Life-Saving Equipment A/S is a global market leader in maritime and offshore safety, providing and servicing safety and fire-fighting equipment for passenger and cargo ships, offshore installations, fishing vessels, the navy, fire departments and leisure yachts.

Segmentation Overview:
As for product types, the Throw Over Liferafts segment held the largest market share in 2022.

Application Overview:
By application, the Commercial Use segment occupied the biggest share from 2018 to 2022.

This report elaborates on the market size, market characteristics, and market growth of the Ship Liferafts industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Ship Liferafts. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.

Key Points this Global Ship Liferafts Market Report Include:
Market Size Estimates: Ship Liferafts market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Ship Liferafts market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Ship Liferafts market
Segment Market Analysis: Ship Liferafts market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Ship Liferafts market situations and prospects in major and top regions and countries
Ship Liferafts Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.
Ship Liferafts Industry Chain: Ship Liferafts market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Ship Liferafts Industry News, Policies by regions
Ship Liferafts Industry Porters Five Forces Analysis

Key players in the global Ship Liferafts market are covered in Chapter 2:
Shanghai Star Rubber Products
Ningbo Neptune Life-saving Equipment
Shanghai Youlong Rubber Products
Survitec
SHM Group
VIKING
FUJIKURA COMPOSITES
SG Safety
LALIZAS

In Chapter 6 and Chapter 9, on the basis of types, the Ship Liferafts market from 2018 to 2028 is primarily split into:
Throw Over Liferafts
Davit Launch Liferafts
Self Righting Liferafts
Open Reversible Liferafts

In Chapter 7 and Chapter 10, on the basis of applications, the Ship Liferafts market from 2018 to 2028 covers:
Commercial Use
Leisure Use

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.

Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:

Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Ship Liferafts market size in terms of revenue, sales volume, and average price.

Chapter 2 analyzes the main companies in the Ship Liferafts industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.

Chapter 3 is an analysis of the competitive environment of Ship Liferafts market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.

Chapter 4 is an analysis of the Ship Liferafts industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.

Chapter 5 focuses on Ship Liferafts market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.

Chapters 6-8 have segmented the Ship Liferafts market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.

Chapters 9-11 provide detailed Ship Liferafts market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.

Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.