The global scuba diving equipment market is anticipated to grow at a CAGR of 5.9% during the forecast period (2022-2028). The growth of extreme sports and the desire to be fit and toned will fuel the demand for scuba diving activities. Young people and vacationers are more likely to go scuba diving equipment. Increasing efforts to create a sustainable aquatic environment are predicted to boost marine flora and fauna, driving demand throughout the forecast period. As more people want to enhance their seaside vacations, the scuba diving equipment market is growing in popularity across the globe. Diving necessitates the use of underwater breathing equipment, buoyancy management devices, diving suits, and other gear.
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The demand will also be fueled by rising disposable income and a growing attraction to seaside tourism. Coastal places are popular with tourists, especially in the winter. All governments are promoting tourism since it contributes a significant portion of GDP and aids governments in improving their economies. Scuba diving equipment is in high demand due to rising disposable income and a desire for recreational. Diving equipment is a type of utility product used by underwater divers to make the process of diving easier for many purposes such as research and development, leisure diving, maintenance defense, and so on. Diving necessitates the use of underwater breathing apparatus, buoyancy management devices, diving suits, and other equipment.
Some major players in the market include Aqua Lung International, Aquatec – Duton Industry co, Cressi Sub S.p.A, Johnson Outdoors Inc., Mares S.p.A, Poseidon Diving System AB, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
Aqua Lung International offers Xscape 4/3mm Wetsuit. The XSCAPE wetsuits are designed for warm water temperatures of 20 to 28°C. These 4+3mm wetsuits may also be used for snorkeling, free diving, paddling, or any other ocean sport a person can enjoy due to the flexible and lightweight material. Instead of neoprene, these aqualung wetsuits feature groundbreaking Yulex. The goal was to build the ideal eco-friendly wetsuit, so we used a natural rubber core layer, laminated with water-based glue, and a fabric made of recycled plastic bottles.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Aqua Lung International, Aquatec – Duton Industry co, Cressi Sub S.p.A, Johnson Outdoors Inc., Mares S.p.A, Poseidon Diving System AB, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Scuba Diving Equipment Market Report by Segment
By Product
- Regulators & Rebreathers
- Bags & Apparel
- Gauges & Dive Computers
- Other Products
By Distribution Channel
- E-Commerce
- Supermarkets
- Specialty Stores
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