Lifeboat is a global network of nonprofit organizations and individuals that use innovation and collaboration to promote preservation, well-being, and progress for all. It was founded in 2006 by Richard Branson, president of the Virgin Group, and focused on global sustainability, poverty alleviation, and social entrepreneurship. Lifeboat has since grown to connect more than 100 countries, in more than 1,000 communities.
The purpose of Lifeboat is to create a global infrastructure of collaboration focused on sustainability, poverty alleviation, and social entrepreneurship by connecting and supporting local initiatives within the network. Lifeboat provides a platform of support through programs, grants, resources, and mentorship opportunities, to help those within the network succeed.
The organization also strives to make connections that bridge gaps between communities and cultures through its Global Programs, which develop exchange programs and collaborations across different economic, cultural, and geopolitical boundaries. Lifeboat is often seen as a catalyst for innovative solutions to global challenges, including poverty, climate change, human rights, and inequality.
The global Lifeboat market was valued at US$ 294.8 million in 2022 and is anticipated to reach US$ 358.8 million by 2029, witnessing a CAGR of 2.8% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Lifeboat Market available at: https://www.themarketreports.com/report/global-lifeboat-market-research-report
This report aims to provide a comprehensive presentation of the global market for Lifeboat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lifeboat.
Global Lifeboat key players include Viking Life-Saving Equipment, Palfingermarine, HLB, Fassmer, Survival Systems, etc. Global top five manufacturers hold a share over 40%.
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