| Product Code: ETC10777614 | Publication Date: Apr 2025 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The India personal floatation devices market import shipments saw a steady expansion with a CAGR of 6.4% from 2020 to 2024. Notably, between 2023 and 2024, there was a remarkable growth rate of 4000.0%, indicating a significant surge in demand within a short period. Overall, the market exhibited strong momentum and a positive growth trend during the period.
The India personal flotation devices market is witnessing steady growth, driven by increasing awareness about water safety measures and the growing popularity of water sports and recreational activities. The market is characterized by a diverse range of products including life jackets, inflatable vests, and buoyancy aids, catering to various age groups and water activities. Key players in the market are focusing on product innovation, such as incorporating advanced materials and technologies to enhance comfort and safety features. Government regulations mandating the use of personal flotation devices in certain water activities also contribute to market growth. With a rising number of water-related accidents and fatalities, there is a growing emphasis on promoting the use of personal flotation devices, which is expected to further drive market expansion in India.
The personal floatation devices market in India is witnessing several key trends. Firstly, there is a growing awareness about water safety among consumers, leading to an increased demand for high-quality and reliable personal floatation devices. Secondly, the rise in water sports activities and recreational boating in popular tourist destinations is driving the market growth. Additionally, manufacturers are focusing on developing innovative PFDs with enhanced comfort, style, and functionality to cater to the evolving consumer preferences. Furthermore, the government regulations mandating the use of personal floatation devices in various water activities are also contributing to market expansion. Overall, the India personal floatation devices market is poised for steady growth fueled by changing consumer lifestyles and increasing emphasis on safety measures in water-related activities.
In the India personal floatation devices market, several challenges are faced that impact the industry. These include a lack of awareness about water safety and the importance of using personal floatation devices, especially among recreational water users. Additionally, there is a need for stricter enforcement of regulations mandating the use of personal floatation devices, particularly in commercial settings like boating and water sports activities. Limited availability of high-quality and affordable personal floatation devices tailored to the diverse needs of different user groups also poses a challenge. Moreover, the presence of counterfeit or substandard products in the market further complicates consumer choices and affects the overall credibility of the industry. Addressing these challenges through awareness campaigns, stringent enforcement measures, and product innovation will be crucial for the growth of the personal floatation devices market in India.
The India personal floatation devices market presents lucrative investment opportunities due to the growing awareness about water safety and the increasing popularity of water sports and recreational activities. With a rising number of people participating in activities such as boating, kayaking, and swimming, there is a growing demand for high-quality personal floatation devices. Investors can capitalize on this trend by investing in companies that manufacture and distribute personal floatation devices in India. Additionally, there is a potential for innovation and product development to cater to specific needs and preferences of the Indian market. Overall, the India personal floatation devices market offers a promising investment landscape for those looking to tap into the country`s increasing focus on water safety and leisure activities.
In India, the personal floatation devices market is regulated by the Directorate General of Shipping (DGS) under the Merchant Shipping Act of 1958. The DGS mandates that all vessels, including recreational boats, must have appropriate safety equipment on board, which includes personal floatation devices for each person on the vessel. These devices must comply with the specifications outlined by the DGS to ensure the safety of individuals engaged in water activities. Additionally, the government has been promoting awareness campaigns about the importance of wearing personal floatation devices, especially in high-risk water sports and activities. The emphasis on safety regulations and awareness initiatives is driving the demand for personal floatation devices in the Indian market, with manufacturers needing to adhere to these standards to cater to the growing need for safety equipment.
The India personal flotation devices market is poised for steady growth in the coming years due to increasing awareness about water safety measures, rising popularity of water sports activities, and stringent regulations mandating the use of PFDs. The market is expected to witness a surge in demand from recreational boaters, fishermen, and water sports enthusiasts. Additionally, the growing disposable income levels and changing lifestyle preferences among the Indian population are likely to drive the adoption of personal flotation devices. Manufacturers are focusing on product innovation, such as advanced materials and designs, to cater to the evolving consumer needs. Overall, the India personal flotation devices market is anticipated to experience robust growth as safety consciousness and recreational water activities continue to gain traction 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 India Personal Floatation Devices Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Personal Floatation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 India Personal Floatation Devices Market - Industry Life Cycle |
3.4 India Personal Floatation Devices Market - Porter's Five Forces |
3.5 India Personal Floatation Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Personal Floatation Devices Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 India Personal Floatation Devices Market Revenues & Volume Share, By User Type, 2021 & 2031F |
3.8 India Personal Floatation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 India Personal Floatation Devices Market Revenues & Volume Share, By Safety Standard, 2021 & 2031F |
4 India Personal Floatation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about water safety measures |
4.2.2 Growing popularity of water sports and recreational activities |
4.2.3 Implementation of stringent regulations mandating the use of personal floatation devices |
4.3 Market Restraints |
4.3.1 Limited availability of affordable personal floatation devices |
4.3.2 Lack of proper enforcement of regulations regarding personal floatation device usage |
4.3.3 Seasonal demand fluctuations based on weather conditions |
5 India Personal Floatation Devices Market Trends |
6 India Personal Floatation Devices Market, By Types |
6.1 India Personal Floatation Devices Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Personal Floatation Devices Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Personal Floatation Devices Market Revenues & Volume, By Life Jackets, 2021 - 2031F |
6.1.4 India Personal Floatation Devices Market Revenues & Volume, By Buoyancy Aids, 2021 - 2031F |
6.1.5 India Personal Floatation Devices Market Revenues & Volume, By Inflatable Life Belts, 2021 - 2031F |
6.1.6 India Personal Floatation Devices Market Revenues & Volume, By Survival Suits, 2021 - 2031F |
6.1.7 India Personal Floatation Devices Market Revenues & Volume, By Pool Floats, 2021 - 2031F |
6.2 India Personal Floatation Devices Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Personal Floatation Devices Market Revenues & Volume, By Nylon & Foam, 2021 - 2031F |
6.2.3 India Personal Floatation Devices Market Revenues & Volume, By Neoprene, 2021 - 2031F |
6.2.4 India Personal Floatation Devices Market Revenues & Volume, By PVC, 2021 - 2031F |
6.2.5 India Personal Floatation Devices Market Revenues & Volume, By Rubber, 2021 - 2031F |
6.2.6 India Personal Floatation Devices Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.3 India Personal Floatation Devices Market, By User Type |
6.3.1 Overview and Analysis |
6.3.2 India Personal Floatation Devices Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 India Personal Floatation Devices Market Revenues & Volume, By Kids, 2021 - 2031F |
6.3.4 India Personal Floatation Devices Market Revenues & Volume, By Seniors, 2021 - 2031F |
6.3.5 India Personal Floatation Devices Market Revenues & Volume, By Rescue Professionals, 2021 - 2031F |
6.3.6 India Personal Floatation Devices Market Revenues & Volume, By Recreational Users, 2021 - 2031F |
6.4 India Personal Floatation Devices Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India Personal Floatation Devices Market Revenues & Volume, By Boating, 2021 - 2031F |
6.4.3 India Personal Floatation Devices Market Revenues & Volume, By Swimming, 2021 - 2031F |
6.4.4 India Personal Floatation Devices Market Revenues & Volume, By Water Sports, 2021 - 2031F |
6.4.5 India Personal Floatation Devices Market Revenues & Volume, By Maritime, 2021 - 2031F |
6.4.6 India Personal Floatation Devices Market Revenues & Volume, By Leisure, 2021 - 2031F |
6.5 India Personal Floatation Devices Market, By Safety Standard |
6.5.1 Overview and Analysis |
6.5.2 India Personal Floatation Devices Market Revenues & Volume, By US Coast Guard Approved, 2021 - 2031F |
6.5.3 India Personal Floatation Devices Market Revenues & Volume, By ISO Certified, 2021 - 2031F |
6.5.4 India Personal Floatation Devices Market Revenues & Volume, By EN Certification, 2021 - 2031F |
6.5.5 India Personal Floatation Devices Market Revenues & Volume, By SOLAS Approved, 2021 - 2031F |
6.5.6 India Personal Floatation Devices Market Revenues & Volume, By ASTM Standard, 2021 - 2031F |
7 India Personal Floatation Devices Market Import-Export Trade Statistics |
7.1 India Personal Floatation Devices Market Export to Major Countries |
7.2 India Personal Floatation Devices Market Imports from Major Countries |
8 India Personal Floatation Devices Market Key Performance Indicators |
8.1 Number of water-related accidents and fatalities |
8.2 Percentage of population participating in water sports and recreational activities |
8.3 Compliance rate with regulations mandating personal floatation device usage |
8.4 Average pricing of personal floatation devices |
8.5 Frequency of water safety campaigns and initiatives |
9 India Personal Floatation Devices Market - Opportunity Assessment |
9.1 India Personal Floatation Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Personal Floatation Devices Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 India Personal Floatation Devices Market Opportunity Assessment, By User Type, 2021 & 2031F |
9.4 India Personal Floatation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 India Personal Floatation Devices Market Opportunity Assessment, By Safety Standard, 2021 & 2031F |
10 India Personal Floatation Devices Market - Competitive Landscape |
10.1 India Personal Floatation Devices Market Revenue Share, By Companies, 2024 |
10.2 India Personal Floatation 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.
To discover high-growth global markets and optimize your business strategy:
Click Here