Inflatable Life Jacket Market to Reach $2.4 Billion by 2030: Key Growth Metrics and Industry Insights The Inflatable Life Jacket market has demonstrated strong growth due to increasing water safety awareness, regulatory mandates, and rising participation in recreational boating. In 2022, the global market was valued at $1.05 billion, up from $540 million in 2017, reflecting a CAGR of 14.2%. Forecasts indicate the market will reach $2.4 billion by 2030, expanding at a 14.8% CAGR from 2023 to 2030, driven by advancements in lightweight materials and automatic inflation technology. Read Full Research Study: Inflatable Life Jacket https://marketintelo.com/report/inflatable-life-jacket-market