| Product Code: ETC6382636 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Belize personal flotation devices market experienced a significant decline in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of -26.40%. This downward trend continued in 2023-2024, with a year-on-year growth rate of -2.70%, indicating a sustained decrease in imported personal flotation devices during this period.

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 Belize Personal Flotation Devices Market Overview |
3.1 Belize Country Macro Economic Indicators |
3.2 Belize Personal Flotation Devices Market Revenues & Volume, 2022 & 2032F |
3.3 Belize Personal Flotation Devices Market - Industry Life Cycle |
3.4 Belize Personal Flotation Devices Market - Porter's Five Forces |
3.5 Belize Personal Flotation Devices Market Revenues & Volume Share, By Product, 2022 & 2032F |
3.6 Belize Personal Flotation Devices Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.7 Belize Personal Flotation Devices Market Revenues & Volume Share, By Sales Channel, 2022 & 2032F |
3.8 Belize Personal Flotation Devices Market Revenues & Volume Share, By End User, 2022 & 2032F |
4 Belize 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 Growing popularity of water sports and recreational activities in Belize. |
4.2.3 Government regulations mandating the use of personal flotation devices for certain water activities. |
4.3 Market Restraints |
4.3.1 Seasonality in demand for personal flotation devices due to weather changes and tourism patterns. |
4.3.2 Limited availability of high-quality and affordable personal flotation devices in the market. |
5 Belize Personal Flotation Devices Market Trends |
6 Belize Personal Flotation Devices Market, By Types |
6.1 Belize Personal Flotation Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Belize Personal Flotation Devices Market Revenues & Volume, By Product, 2022-2032F |
6.1.3 Belize Personal Flotation Devices Market Revenues & Volume, By Offshore Life Jacket, 2022-2032F |
6.1.4 Belize Personal Flotation Devices Market Revenues & Volume, By Near-shore Buoyant Vest, 2022-2032F |
6.1.5 Belize Personal Flotation Devices Market Revenues & Volume, By Flotation Aid, 2022-2032F |
6.1.6 Belize Personal Flotation Devices Market Revenues & Volume, By Throwable Devices, 2022-2032F |
6.1.7 Belize Personal Flotation Devices Market Revenues & Volume, By Special-use Devices, 2022-2032F |
6.2 Belize Personal Flotation Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Belize Personal Flotation Devices Market Revenues & Volume, By Passenger and Aircraft Crew, 2022-2032F |
6.2.3 Belize Personal Flotation Devices Market Revenues & Volume, By Commercial Vessels, 2022-2032F |
6.2.4 Belize Personal Flotation Devices Market Revenues & Volume, By Others, 2022-2032F |
6.3 Belize Personal Flotation Devices Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Belize Personal Flotation Devices Market Revenues & Volume, By Specialty Stores, 2022-2032F |
6.3.3 Belize Personal Flotation Devices Market Revenues & Volume, By Company Owned Outlets, 2022-2032F |
6.3.4 Belize Personal Flotation Devices Market Revenues & Volume, By Online Sales Channels, 2022-2032F |
6.3.5 Belize Personal Flotation Devices Market Revenues & Volume, By Others, 2022-2032F |
6.4 Belize Personal Flotation Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Belize Personal Flotation Devices Market Revenues & Volume, By Aquaculture Industry, 2022-2032F |
6.4.3 Belize Personal Flotation Devices Market Revenues & Volume, By Oil and Gas Industry, 2022-2032F |
6.4.4 Belize Personal Flotation Devices Market Revenues & Volume, By Naval Industry, 2022-2032F |
6.4.5 Belize Personal Flotation Devices Market Revenues & Volume, By Others, 2022-2032F |
7 Belize Personal Flotation Devices Market Import-Export Trade Statistics |
7.1 Belize Personal Flotation Devices Market Export to Major Countries |
7.2 Belize Personal Flotation Devices Market Imports from Major Countries |
8 Belize Personal Flotation Devices Market Key Performance Indicators |
8.1 Number of water sports and recreational activities organized in Belize. |
8.2 Percentage of the population using personal flotation devices during water activities. |
8.3 Average lifespan of personal flotation devices in Belize. |
9 Belize Personal Flotation Devices Market - Opportunity Assessment |
9.1 Belize Personal Flotation Devices Market Opportunity Assessment, By Product, 2022 & 2032F |
9.2 Belize Personal Flotation Devices Market Opportunity Assessment, By Application, 2022 & 2032F |
9.3 Belize Personal Flotation Devices Market Opportunity Assessment, By Sales Channel, 2022 & 2032F |
9.4 Belize Personal Flotation Devices Market Opportunity Assessment, By End User, 2022 & 2032F |
10 Belize Personal Flotation Devices Market - Competitive Landscape |
10.1 Belize Personal Flotation Devices Market Revenue Share, By Companies, 2025 |
10.2 Belize 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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