Global Diving Suits Market Is Likely to Experience a Tremendous Growth by 2028

The global diving suits market is anticipated to grow at a CAGR of 4.9% during the forecast period (2022-2028). A diving suit is a garment that is designed to protect a diver from the underwater environment. It consists of a weighted boot, water light coverings, and a metal helmet with transparent portholes. The global diving suits market is growing due to the increasing research and development in the diving suits. A diving suit is one of the major pieces of equipment for the divers to go under the water. The increasing demand for sea divers for rescue operations and the mode of adventure is boosting the growth of the market. The increasing demand for water sports activities as a part of the adventure is driving the diving suit market.

The development of modern man made islands such as the Palm Jumeirah, the Palm Jebel Ali, and the World Islands involves a lot of water body maintenance and is further expected to boost the growth of the market. Additionally, the oil and gas industry and hydroelectric power industry require a lot of research and development activities along with undersea maintenance. The rising number of construction of sea links and bridges requires a lot of extensive underwater analysis and research and is also expected to propel market growth. Moreover, the increasing demand for boat riding, wakeboarding, water skiing, scuba diving, and free-diving as a part of sports and fun activities is further expected to boost the growth of the market. Furthermore, watersports are also considered a part of national and international games and are also anticipated to propel the growth of the global diving suit market in the forecast period.

Some major players in the market include AQUATEC - DUTON INDUSTRY CO., Ltd., Beuchat, Cressi Sub S.p.A, Johnson Outdoors Inc., Dive Rite, H2Odyssey, and Mares S.p.A, among others. The market players are also 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. For instance:
• In April 2021, Aqualung, launched all-new XSCAPE collection by featuring a 100% neoprene-free wetsuit and a rash guard made from sustainable materials, the XSCAPE line is designed for a variety of water activities.
• In June 2020, RAID its partnered with ANTI Diving to produce a cutting-edge, brand-specific drysuit training program that will offer a range of premium, handcrafted drysuits, undersuits, and heating apparel to extend the possibilities and the joy of diving.

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Market Coverage
• The market number available for - 2022-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Type
o By Price Range
o By Application
o By Distribution Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- AQUATEC - DUTON INDUSTRY CO., Ltd., Beuchat, Cressi Sub S.p.A, Johnson Outdoors Inc., Dive Rite, H2Odyssey, and Mares S.p.A, among others.

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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?
o Deviation from the pre-COVID-19 forecast
o 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?

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Global Diving Suits Market Report by Segment

By Type
• Dry Layers
• Wet Layers

By Price Range
• Low-Priced
• Moderately Priced
• High-Priced

By Application
• Men
• Women

By Distribution Channel
• Online
• Offline

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This release was published on openPR.