Personal Flotation Devices Market: Stellar Demand for Floatation Aids Driving Growth
Verfasser: ashwani_kailiya on Friday, 18 May 2018The personal floatation device market is witnessing a notable shift from ‘distributor-based’ selling to direct-to-customer online channel. Catering to the requirements of last mile consumers is presenting a lucrative opportunity for manufacturers, and leveraging online sales channels can help brands leverage the emerging opportunities, finds a new study. The report projects the direct to customer sales channel to grow at 4.9% CAGR during the assessment period 2018-2028.
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Global sales of personal flotation devices are likely to equate over US$ 6 Bn in revenues by the end of 2028. Sales will remain concentrated in the US, with Western European countries complementing demand during the assessment period.