| Product Code: ETC7896736 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2023, Laos continued to rely heavily on top exporters such as Areas, nes, Australia, China, Thailand, and France for personal flotation devices. Despite a high level of market concentration, the import shipments experienced a significant decline in both CAGR and growth rate, with a notable -37.93% and -37.89% respectively. This indicates a challenging market environment for personal flotation device imports in Laos, highlighting the need for strategic adjustments and innovative approaches by both exporters and local stakeholders.

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 Laos Personal Flotation Devices Market Overview |
3.1 Laos Country Macro Economic Indicators |
3.2 Laos Personal Flotation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Laos Personal Flotation Devices Market - Industry Life Cycle |
3.4 Laos Personal Flotation Devices Market - Porter's Five Forces |
3.5 Laos Personal Flotation Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Laos Personal Flotation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Laos Personal Flotation Devices Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Laos Personal Flotation Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Laos 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 Laos. |
4.2.3 Government regulations mandating the use of personal flotation devices in certain water activities. |
4.3 Market Restraints |
4.3.1 Limited availability and access to quality personal flotation devices in remote areas of Laos. |
4.3.2 Lack of enforcement of regulations regarding the use of personal flotation devices. |
4.3.3 Cultural attitudes and lack of awareness about the importance of personal flotation devices among certain demographics. |
5 Laos Personal Flotation Devices Market Trends |
6 Laos Personal Flotation Devices Market, By Types |
6.1 Laos Personal Flotation Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Laos Personal Flotation Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Laos Personal Flotation Devices Market Revenues & Volume, By Offshore Life Jacket, 2021- 2031F |
6.1.4 Laos Personal Flotation Devices Market Revenues & Volume, By Near-shore Buoyant Vest, 2021- 2031F |
6.1.5 Laos Personal Flotation Devices Market Revenues & Volume, By Flotation Aid, 2021- 2031F |
6.1.6 Laos Personal Flotation Devices Market Revenues & Volume, By Throwable Devices, 2021- 2031F |
6.1.7 Laos Personal Flotation Devices Market Revenues & Volume, By Special-use Devices, 2021- 2031F |
6.2 Laos Personal Flotation Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Laos Personal Flotation Devices Market Revenues & Volume, By Passenger and Aircraft Crew, 2021- 2031F |
6.2.3 Laos Personal Flotation Devices Market Revenues & Volume, By Commercial Vessels, 2021- 2031F |
6.2.4 Laos Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Laos Personal Flotation Devices Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Laos Personal Flotation Devices Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.3 Laos Personal Flotation Devices Market Revenues & Volume, By Company Owned Outlets, 2021- 2031F |
6.3.4 Laos Personal Flotation Devices Market Revenues & Volume, By Online Sales Channels, 2021- 2031F |
6.3.5 Laos Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Laos Personal Flotation Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Laos Personal Flotation Devices Market Revenues & Volume, By Aquaculture Industry, 2021- 2031F |
6.4.3 Laos Personal Flotation Devices Market Revenues & Volume, By Oil and Gas Industry, 2021- 2031F |
6.4.4 Laos Personal Flotation Devices Market Revenues & Volume, By Naval Industry, 2021- 2031F |
6.4.5 Laos Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Laos Personal Flotation Devices Market Import-Export Trade Statistics |
7.1 Laos Personal Flotation Devices Market Export to Major Countries |
7.2 Laos Personal Flotation Devices Market Imports from Major Countries |
8 Laos Personal Flotation Devices Market Key Performance Indicators |
8.1 Number of water sports and recreational activities organized in Laos. |
8.2 Percentage of the population using personal flotation devices during water-related activities. |
8.3 Number of reported water-related accidents or fatalities in which personal flotation devices were not used. |
9 Laos Personal Flotation Devices Market - Opportunity Assessment |
9.1 Laos Personal Flotation Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Laos Personal Flotation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Laos Personal Flotation Devices Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Laos Personal Flotation Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Laos Personal Flotation Devices Market - Competitive Landscape |
10.1 Laos Personal Flotation Devices Market Revenue Share, By Companies, 2024 |
10.2 Laos 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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