| Product Code: ETC5405415 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, El Salvador continued to rely on imports of lifebuoy rings, with top exporters including China, USA, Taiwan, Mexico, and Hong Kong. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 22.13% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -40.88%. This suggests a potential slowdown or shift in the market dynamics, warranting further analysis for stakeholders in the lifebuoy ring import industry.

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 El Salvador Lifebuoy Rings Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Lifebuoy Rings Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Lifebuoy Rings Market - Industry Life Cycle |
3.4 El Salvador Lifebuoy Rings Market - Porter's Five Forces |
3.5 El Salvador Lifebuoy Rings Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 El Salvador Lifebuoy Rings Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 El Salvador Lifebuoy Rings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about water safety and drowning prevention in El Salvador |
4.2.2 Government initiatives promoting aquatic safety measures |
4.2.3 Growth in tourism industry leading to higher demand for life-saving equipment like lifebuoy rings |
4.3 Market Restraints |
4.3.1 Limited disposable income of the population affecting affordability of lifebuoy rings |
4.3.2 Lack of stringent regulations mandating the use of life-saving equipment in water-related activities |
4.3.3 Competition from alternative water safety products impacting market penetration |
5 El Salvador Lifebuoy Rings Market Trends |
6 El Salvador Lifebuoy Rings Market Segmentations |
6.1 El Salvador Lifebuoy Rings Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Lifebuoy Rings Market Revenues & Volume, By Inherently Buoyant, 2021-2031F | 6.1.4 El Salvador Lifebuoy Rings Market Revenues & Volume, By Inflatable, 2021-2031F |
6.2 El Salvador Lifebuoy Rings Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Lifebuoy Rings Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.3 El Salvador Lifebuoy Rings Market Revenues & Volume, By Foam, 2021-2031F |
6.2.4 El Salvador Lifebuoy Rings Market Revenues & Volume, By Plastic, 2021-2031F |
7 El Salvador Lifebuoy Rings Market Import-Export Trade Statistics |
7.1 El Salvador Lifebuoy Rings Market Export to Major Countries |
7.2 El Salvador Lifebuoy Rings Market Imports from Major Countries |
8 El Salvador Lifebuoy Rings Market Key Performance Indicators |
8.1 Number of drowning incidents in El Salvador |
8.2 Participation rate in water safety training programs |
8.3 Percentage of public water bodies equipped with lifebuoy rings |
8.4 Adoption rate of lifebuoy rings in commercial establishments near water bodies |
8.5 Customer satisfaction scores related to the quality and effectiveness of lifebuoy rings |
9 El Salvador Lifebuoy Rings Market - Opportunity Assessment |
9.1 El Salvador Lifebuoy Rings Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 El Salvador Lifebuoy Rings Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 El Salvador Lifebuoy Rings Market - Competitive Landscape |
10.1 El Salvador Lifebuoy Rings Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Lifebuoy Rings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |