Swimming rings are air inflated water toy in the shape of toroid. This rings are usually manufactured form plastics and are used for recreational actitvites or for rescue purpose in sea and other large water bodies. Swimming rings are also known as swim tube, rubber ring, water donut, and inner tube. In the USA, swimming rings are also named as lifesaver and used as safety product in industries.
MARKET DYNAMICS
The global swimming rings market is expected to register a notable CAGR during the forecast period owing to the surging demand of swimming rings especially among chlidrens and teenage populations for liesure activities like swimming, etc.. Rising urbanization and increasing per capita disposable income are also boosting the demand for entertainment industry. Furthermore, the swimming rings are widely used for maritime rescue. It is considered as safety equipment in the industries mostly operating offshore. Thus, the demand for swimming rings in diverse application is driving the market. The market is a perfect competition market with the presence of numerous players and buyers. The market players are competing based on price, product innovation and quality.
MARKET SCOPE
The "Global Swimming rings Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the swimming rings market with detailed market segmentation by type, application, and geography. The global swimming rings market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading swimming rings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global swimming rings market is segmented on the basis of type and application. Based on type, the global swimming rings market is bifurcated into inflatable and inherent. Based on application, the global swimming rings market is segmented maritime rescue, recreational activities, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global swimming rings market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The swimming rings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the swimming rings market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the swimming rings market in these regions.
MARKET PLAYERS
The reports cover key developments in the swimming rings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from swimming rings market are anticipated to lucrative growth opportunities in the future with the rising demand for swimming rings in the global market. Below mentioned is the list of few companies engaged in the swimming rings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the swimming rings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Survitec Group Limited
- Billy Pugh Co., Inc.
- Industrial Safety Products
- VIKING LIFE-SAVING EQUIPMENT A/S
- Jim-Buoy
- LALIZAS
- Lynkfun Leisure Products Co., Ltd.
- Swimline
- J&TZ CO.,LTD
- MAYUR INDUSTRIAL CORPORATION