Global Life Jacket Market to Grow at a CAGR of 4.64% During the Period 2016 - 2020; Finds New Report
Report forecast the global life jacket market to grow at a CAGR of 4.64% during the period 2016-2020. The global life jacket market is driven by a demand from coast guards and government marine agencies globally. Recreation is another key end-user segment, which demands life jacket for activities such as water skiing, fishing, and boating. Strong demand from APAC and European countries contribute significantly to market growth.
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