Press release
Scuba Diving Equipment Market Report 2024 - Scuba Diving Equipment Market Size And Growth
Scuba Diving Equipment Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=12499&type=smp
According to The Business Research Company's, The scuba diving equipment market size has grown steadily in recent years. It will grow from $4.39 billion in 2023 to $4.6 billion in 2024 at a compound annual growth rate (CAGR) of 4.7%. The growth in the historic period can be attributed to post-pandemic recovery, rescue and safety equipment development, accessibility of diving courses, e-commerce penetration, rise in disposable income.
The scuba diving equipment market size is expected to see steady growth in the next few years. It will grow to $5.44 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to rising demand from emerging economies, sustainability in design and materials, digitalization in diving, health and wellness trends, expansion of dive tourism. Major trends in the forecast period include augmented reality (ar) integration, circular economy initiatives, blockchain for equipment traceability, nanotechnology applications.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/scuba-diving-equipment-global-market-report
Market Drivers and Trends:
The increase in popularity of water sports is expected to propel the growth of the scuba diving equipment market. Water sports refer to a type of sport that is played or practiced on the water. These include sports such as swimming, water polo, and surfing. Scuba diving equipment, such as rash guards, wet suits, hoods, boots, gloves, and earplugs, are usually used in water sports to protect the body and make it more comfortable to participate in sports activities. For instance, according to Watersports Participation Survey 2021, published by the British Marine, a UK-based marine transportation company, in 2021, 11.7 million individuals reported that they participated in any boating activity 1 or 2 times in the UK, which is almost double compared to 2020 with 6.3 million. Therefore, the increase in the popularity of water sports is driving the growth of the scuba diving equipment market.
The introduction of eco-friendly wetsuits is a key trend gaining popularity in the scuba diving equipment market. Major companies operating in the scuba diving equipment sector are focused on introducing eco-friendly products to strengthen their position and meet consumer demand. For instance, in April 2021, Aqualung, a US-based company that manufactures scuba diving equipment, launched an eco-friendly wetsuit named the Xscape 3/4mm Wetsuit. This 3/4mm suit is suitable for diving in water temperatures ranging from 20 to 28 degrees Celsius, and it also has terrific four-way flexibility, making it ideal for all ocean sports. It is made entirely of non-neoprene fibers, making swimming quite comfortable underwater.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Johnson Outdoors Inc., Aqua Lung International, Suunto, Marquee Brands, Oceanic Worldwide, Bauer Compressors Inc., Tusa, Scubapro, Apeks Marine Equipment Ltd., Huish Outdoors LLC, Hollis Gear, Zeagle Systems Inc., Sherwood Scuba LLC, Halcyon Manufacturing Inc., Poseidon Diving System AB, Cressi Sub S.p.a, Atomic Aquatics Inc., Aquatec-Duton Industry Co. Ltd., Apollo Sports Inc., Armor Products LLC, Beuchat International SA, Duck Diver LLC, H2Odessey, IST Sports Corp., Mares S.p.A, Seasoft Scuba Inc., Dive Rite.
Scuba Diving Equipment Market 2024 Key Insights:
• The scuba diving equipment market size is expected to see steady growth in the next few years. It will grow to $5.44 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%.
• Rising Popularity Of Water Sports To Drive Market Growth
• Product Innovations Transforming The Scuba Diving Equipment Market
• North America was the largest region in the scuba-diving equipment market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=12499&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Scuba Diving Equipment Market Report 2024 - Scuba Diving Equipment Market Size And Growth here
News-ID: 3765969 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Scuba
Maximum Scuba Houston Expands to Three Locations, Offering All-Inclusive Scuba C …
Maximum Scuba Houston, a premier PADI dive center in Texas, has expanded its reach with three convenient locations now open in Spring, West Houston, and League City. This growth brings easy access to professional scuba diving certification and training to residents across Greater Houston, including The Woodlands, Katy, Pearland, and Galveston.
Known for its award-winning instruction and all-inclusive pricing, Maximum Scuba Houston offers a full range of scuba diving lessons for…
Scuba Diving Equipment Market Is Booming Worldwide with I Mares, Cressi, TUSA, S …
Global Scuba Diving Equipment Market study with 143+ pages in-depth overview, describing about HTF MI recently introduced the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Aqua Lung, Mares, Cressi, TUSA, Sherwood Scuba, Scubapro, Oceanic, Poseidon, SEAC, Beuchat,…
Freediving Market by Top Key Players- IST Sports, H2Odyssey, Seasoft Scuba, Aqua …
Global Freediving Market Research Report 2019 provide detailed information about Freediving Industry growth, trends, regional scope, demand factors, global share, market size and forecast till 2024. The research report also analyzed competition pattern, advantages and disadvantages of enterprise products, industrial layout, characteristics and macroeconomic policies. This industry will be analyzed scientifically; the feature of product circulation and sales channel will be presented as well.
Get Sample Copy at https://www.orianresearch.com/request-sample/1106921
In…
Underwater Signaling Devices Market by Key Market Participants: XS Scuba, DiveAl …
Underwater Signaling Devices: Introduction
Underwater signaling devices are used as a means of communication between divers engaged in underwater activities. Deep sea and oceans are largely unexplored and are occupied by unknown and unpredictable marine life creatures, making communicating underwater an essential part for any underwater activity. Underwater signaling devices help divers to stay alert while approaching aquatic animals or any unforeseen danger. Being able to communicate with fellow divers, especially…
Global Scuba Diving Equipment Market 2019 Top Key Players: Aqualung, Johnson Out …
Summary
WiseGuyReports.com adds “Scuba Diving Equipment Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Scuba Diving Equipment Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Scuba Diving Equipment Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an…
Global Scuba Diving Equipment Market 2016 - American Underwater Products Inc., A …
The Global Scuba Diving Equipment Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Scuba Diving Equipment industry.
Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Scuba Diving Equipment market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.
Request for sample report at…
