| Product Code: ETC6317746 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados continues to see a significant influx of personal flotation devices imports, with the top exporting countries in 2024 being the USA, Trinidad and Tobago, Saint Vincent and the Grenadines, UK, and China. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains impressive at 36.71%. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The data suggests a steady demand for personal flotation devices in Barbados, highlighting the importance of safety and water-related activities in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Personal Flotation Devices Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Personal Flotation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Personal Flotation Devices Market - Industry Life Cycle |
3.4 Barbados Personal Flotation Devices Market - Porter's Five Forces |
3.5 Barbados Personal Flotation Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Barbados Personal Flotation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Barbados Personal Flotation Devices Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Barbados Personal Flotation Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Barbados Personal Flotation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about water safety and the importance of using personal flotation devices |
4.2.2 Growth in water sports and recreational activities in Barbados |
4.2.3 Stringent regulations mandating the use of personal flotation devices in water-related activities |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to weather patterns in Barbados |
4.3.2 Limited consumer willingness to invest in high-quality personal flotation devices |
4.3.3 Competition from alternative safety devices or solutions |
5 Barbados Personal Flotation Devices Market Trends |
6 Barbados Personal Flotation Devices Market, By Types |
6.1 Barbados Personal Flotation Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Barbados Personal Flotation Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Barbados Personal Flotation Devices Market Revenues & Volume, By Offshore Life Jacket, 2021- 2031F |
6.1.4 Barbados Personal Flotation Devices Market Revenues & Volume, By Near-shore Buoyant Vest, 2021- 2031F |
6.1.5 Barbados Personal Flotation Devices Market Revenues & Volume, By Flotation Aid, 2021- 2031F |
6.1.6 Barbados Personal Flotation Devices Market Revenues & Volume, By Throwable Devices, 2021- 2031F |
6.1.7 Barbados Personal Flotation Devices Market Revenues & Volume, By Special-use Devices, 2021- 2031F |
6.2 Barbados Personal Flotation Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Barbados Personal Flotation Devices Market Revenues & Volume, By Passenger and Aircraft Crew, 2021- 2031F |
6.2.3 Barbados Personal Flotation Devices Market Revenues & Volume, By Commercial Vessels, 2021- 2031F |
6.2.4 Barbados Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Barbados Personal Flotation Devices Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Barbados Personal Flotation Devices Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.3 Barbados Personal Flotation Devices Market Revenues & Volume, By Company Owned Outlets, 2021- 2031F |
6.3.4 Barbados Personal Flotation Devices Market Revenues & Volume, By Online Sales Channels, 2021- 2031F |
6.3.5 Barbados Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Barbados Personal Flotation Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Barbados Personal Flotation Devices Market Revenues & Volume, By Aquaculture Industry, 2021- 2031F |
6.4.3 Barbados Personal Flotation Devices Market Revenues & Volume, By Oil and Gas Industry, 2021- 2031F |
6.4.4 Barbados Personal Flotation Devices Market Revenues & Volume, By Naval Industry, 2021- 2031F |
6.4.5 Barbados Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Barbados Personal Flotation Devices Market Import-Export Trade Statistics |
7.1 Barbados Personal Flotation Devices Market Export to Major Countries |
7.2 Barbados Personal Flotation Devices Market Imports from Major Countries |
8 Barbados Personal Flotation Devices Market Key Performance Indicators |
8.1 Percentage increase in the number of water sports and recreational activities in Barbados |
8.2 Compliance rate with regulations mandating the use of personal flotation devices |
8.3 Customer satisfaction levels with personal flotation device features and quality |
9 Barbados Personal Flotation Devices Market - Opportunity Assessment |
9.1 Barbados Personal Flotation Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Barbados Personal Flotation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Barbados Personal Flotation Devices Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Barbados Personal Flotation Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Barbados Personal Flotation Devices Market - Competitive Landscape |
10.1 Barbados Personal Flotation Devices Market Revenue Share, By Companies, 2024 |
10.2 Barbados Personal Flotation Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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