Evacuation Raft Market - Global Forecast 2025-2032

The evacuation raft market is undergoing major transformation as maritime and offshore sectors prioritize more robust safety and operational standards. This executive overview equips senior leaders with essential insights to inform procurement, compliance, and innovation strategies in a dynamic regulatory landscape.

Market Snapshot: Evacuation Raft Market Growth

The global evacuation raft market grew from USD 2.77 billion in 2024 to USD 3.10 billion in 2025. Sustained by a compound annual growth rate (CAGR) of 12%, it is projected to reach USD 6.87 billion by 2032. Expansion is being fueled by evolving maritime safety regulations, increasing offshore activity, and heightened investment in new technologies. As international supply chains become more complex, emerging markets and sector diversification drive robust demand for advanced evacuation solutions.

Scope & Segmentation

• Evacuation Raft Types: Inflatable and rigid designs meet varied deployment needs, with inflatable units valued for compactness and rigid platforms chosen for enhanced stability in severe conditions.
• Inflation Mechanisms: CO2 gas inflators offer fast, automated deployment while manual pumps ensure precise control for specialized rescue cases.
• Material Selection: Hypalon compounds provide strong thermal and chemical resistance. PVC solutions are adopted for cost-sensitive contexts.
• Capacity Ranges: Options extend from up to 10-person rafts for small-scale or leisure use, 11–25-person models for balanced volume and structure, to above 25-person systems for large-scale evacuation protocols.
• Application Segments:
  • Commercial marine – including fishing, merchant, and passenger vessels
  • Defense and aerospace – both airborne and naval deployments
  • Offshore oil & gas – rigs and production platforms
  • Recreation and leisure – rafting tours and yachts
• Regional Coverage:
  • Americas – North America (United States, Canada, Mexico), Latin America (Brazil, Argentina, Chile, Colombia, Peru)
  • Europe, Middle East & Africa – (UK, Germany, France, Russia, Italy, Spain, Netherlands, Sweden, Poland, Switzerland, UAE, Saudi Arabia, Qatar, Turkey, Israel, South Africa, Nigeria, Egypt, Kenya)
  • Asia-Pacific – (China, India, Japan, Australia, South Korea, Indonesia, Thailand, Malaysia, Singapore, Taiwan)
• Technology Features: Digital monitoring, predictive maintenance, and advanced materials are setting new standards across sectors.
• Key Market Players: Survitec Group Limited, VIKING Life-Saving Equipment A/S, Zodiac Milpro SAS, Shanghai Turtle Group Co., Ltd., Ocean Safety Ltd, RFD Beaufort Limited, Switlik Parachute Company, Inc., Crewsaver Limited, Lalizas S.A., Marine Safety International Ltd.

Key Takeaways for Decision-Makers

• The market landscape is advancing through deployment of real-time monitoring, automated self-inflation, and integration with onboard command systems, improving emergency readiness.
• Material breakthroughs and hybrid composites are extending operational lifespans while reducing total cost of ownership for vessel operators.
• Cross-sector collaboration and partnerships with telecom and sensor specialists are resulting in enhanced digital and communications features for evacuation readiness.
• Geographical factors impact procurement priorities—legacy shipbuilding regions, evolving offshore infrastructure, and emerging port upgrades all influence purchasing and standards adoption.
• Increasing focus on modular design and standardization is enabling faster customization and easier compliance, accelerating new market entries and retrofits.

Tariff Impact on the Evacuation Raft Market

Recent tariff policy adjustments by the United States have significantly influenced the global evacuation raft supply chain. Increased duties on components like Hypalon fabric and metallic fittings have compelled manufacturers to review sourcing and production locations. Some industry players are shifting operations to free trade partners, while others negotiate procurement terms or consolidate orders to offset rising costs. These adaptations directly affect lead times, inventory strategies, and overall supply chain resilience.

Methodology & Data Sources

This report employs comprehensive secondary and primary research, synthesizing industry publications, regulatory filings, and patent databases. Structured interviews with operators, procurement leads, and technical experts provide context and qualitative validation. Robust triangulation and scenario analyses underpin the assessment, with multi-level peer review ensuring reliability and thoroughness.

Why This Report Matters

• Provides clarity on evolving maritime safety standards, supporting compliance and risk mitigation strategies.
• Guides investment in advanced materials, digital integration, and regionally relevant solutions.
• Enables procurement and supply chain decisions that strengthen operational reliability and cost control.

Conclusion

The evacuation raft market is evolving rapidly in response to technological innovation and shifting regulatory demands. This analysis empowers stakeholders to refine strategy, anticipate operational challenges, and capture new opportunities as safety benchmarks rise globally.

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