Share this article Share this article ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for Personal Flotation Devices estimated at US$6.2 Billion in the year 2020, is projected to reach a revised size of US$7.5 Billion by 2027, growing at a CAGR of 2.8% over the period 2020-2027. The U.S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 5.3% CAGR The Personal Flotation Devices market in the U.S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 5.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.