Scuba diving has gained popularity in recent years due to increasing awareness of health benefits associated with it. Scuba diving is considered as an enjoyable and adrenaline boosting deep-water sport with health benefits such as strength, breathing, flexibility, lower blood pressure, fitness, and others. It is considered a way to socialize, explore marine life, and a way to relieve stress.
The growth of the diving equipment industry is attributed to rise in industrial & constructional activity coupled with disposable income and surge in coastal tourism. Government initiatives in the development & promotion of travel & tourism coupled with introduction of low cost airlines have significantly impacted the global tourism industry. The growth of the global tourism industry has a great impact in the economic growth in various destinations, especially the mass tourist places such as the coastal regions.
The Global Scuba Diving Equipment Market Report provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The market analysis is provided for the international markets including trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import, export consumption, supply and demand Figures, cost, price, revenue, and gross margins.
The global scuba diving market size is projected to grow from USD 2.24 billion in 2023 to USD 3.53 billion by 2030, exhibiting a CAGR of 6.7% during the forecast period.
Top Companies: Akona, American Underwater Products, Inc., Apeks Marine Equipment, Ltd., Aqualung International, Atomic Aquatics, Beuchat International S.A., Cressi Sub S.p.A., Dive Rite, Duck Diver, LLC, Fourth Element,H2Odessey and Others.
Recent Development:
- March 2024: Scuba.com, a major online supplier of scuba diving gear and accessories, partnered with 7TILL8 Custom Wetsuits, a renowned manufacturer of custom-tailored wetsuits. As part of this collaboration, Scuba.com will be the only reseller of 7TIL8 custom wetsuits for a whole year to raise awareness of the company’s cutting-edge goods and specialized services.
- February 2024: Aggressor Adventures partnered with Mares. Under the rental equipment complement aboard 21 Aggressor Adventures ships, Mares will be the only brand and supplier of diving equipment for Aggressor’s executive management team, employees, and guests.
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Market Trends, Drivers, Restraints, and Opportunities
- Rising popularity of diving destinations is expected to drive the global scuba diving equipment market during the forecast period.
- Increasing government initiatives and policies to develop and promote travel & tourism boost the market.
- Introduction of low-cost airlines is anticipated to fuel the market in the coming years.
- Growing popularity of extreme sports among travellers, backpackers, and others is estimated to drive the market during the forecast period.
- High cost of scuba diving equipment and training is anticipated to hamper the growth of the market during the projected period.
- Rising cases of fatal accidents while scuba diving hinder the growth of the market.
Scuba Diving Equipment Market Segmentation:
Scuba Diving Equipment Market by Equipment Type
Diving masks & goggles
Regulators & octopuses
Buoyancy control devices
Wetsuits & Dry Suits
Fins
Others
Scuba Diving Equipment Market by End User
Recreational divers
Professional divers
Military and public safety divers
Scuba Diving Equipment Market by Consumer Group
Men
Women
Regional and Country-level Analysis
North America (The United States, Canada, and Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others)
Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Central & South America (Brazil, and Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, and Other).
The report provides insights on the following pointers:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Scuba Diving Equipment Market Competitor Landscape by Players
Chapter 4 Scuba Diving Equipment Market Size by Type and Application
Chapter 5 Global and Regional Analysis
Chapter 6 Company Profiles, recent developments, and investments
Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments
Chapter 9 Research Findings and Conclusion
Chapter 10 Methodology/Research Approach
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Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Scuba Diving Equipment Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Scuba Diving Equipment Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
WE HAVE HISTORICAL DATA ALSO OF THESE COUNTRIES FROM JANUARY 2012 ONWARDS TO FUTURE MONTHS. WE UPDATE OUR DATABASE IN EVERY 35 DAYS (depend upon countries)
CUSTOMS DATA – Detailed Data covers 100% complete customs-based data with Importer and Exporter Details along with other shipment information.
STATISTICL DATA – Statistical Data does not contain Companies Names but it has other useful information such as Quantity, Country, Price, etc.
TRANSIT DATA – Transit Data covers information of import-export shipments of the land locked countries, which pass through different customs territories.
BL DATA – This data is based on Bill of lading documents. It contains companies details but pricing information is not available.
SUEZ CANAL BL DATA – Suez Canal Data contains bill of lading data of shipments, which move through Suez Canal.
MIRROR DATA – Mirror Data contains information, which is reported by partner countries of countries that do not report their trade data.
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