Rising Popularity Of Water Sports To Drive Market Growth: Key Factor Driving The Growth In The Scuba Diving Equipment Market

The Scuba Diving Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Scuba Diving Equipment Market Size During the Forecast Period?
The market size for scuba diving equipment has been experiencing a steady increase in recent years. The market is projected to rise from its value of $5.02 billion in 2024 to $5.21 billion in 2025, indicating a compound annual growth rate (CAGR) of 3.9%. Factors contributing to this growth during this historic period include the recovery following the pandemic, progress in rescue and safety equipment, availability of diving courses, expansion of e-commerce, and an increase in disposable income.

The market for scuba diving equipment is predicted to witness robust expansion in the coming years. The market value is projected to reach $6.34 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.0%. Factors contributing to this projected growth during the forecast period include increasing demand in emerging economies, sustainable designs and materials, digital innovation in diving, health and wellness trends, and growth in dive tourism. The forecast period also anticipates major trends such as the integration of augmented reality (ar), initiatives in the circular economy, blockchain-based equipment traceability, and the use of nanotechnology.

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What Are the High-Growth Segments in the Scuba Diving Equipment Market?
The scuba diving equipment market covered in this report is segmented -

1) By Type: BCD (Buoyancy Control Device) And Regulator, Cylinder And Diving Propulsion Vehicle, Decompression Chamber, Exposure Suit, Accessories
2) By Depth: Recreational Diving, Clearance Diving, Saturation Diving
3) By Distribution Channel: Specialty Store, Online Store

Subsegments:
1) By BCD (Buoyancy Control Device) And Regulator: Jacket-Style BCDs, Back-Inflate BCDs, Dive Regulators (First Stage, Second Stage)
2) By Cylinder And Diving Propulsion Vehicle: Aluminum Diving Cylinders, Steel Diving Cylinders, Underwater Diving Propulsion Vehicles (DPVs)
3) By Decompression Chamber: Portable Decompression Chambers, Fixed Decompression Chambers
4) By Exposure Suit: Wetsuits, Drysuits
5) By Accessories: Dive Computers, Dive Masks And Fins, Weight Systems And Belts

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What Key Drivers Are Expected to Influence Future Scuba Diving Equipment Market Growth?
The growth of the scuba diving equipment market is predicted to be fueled by the rising popularity of water sports. This refers to any sport that takes place on water, including activities like swimming, water polo, and surfing. Various pieces of scuba diving equipment such as rash guards, wet suits, hoods, boots, gloves, and earplugs are frequently employed in these sports to provide protection and comfort for participants. For example, the Royal Yachting Association's Watersports Participation Survey in May 2023 demonstrated that a total of 13.2 million adults in the UK partook in a boating activity in the preceding year of 2022. Stand-up paddleboarding witnessed a significant surge, recording an increase of 536,000 participants. Over 10 million individuals engaged in boating activities at least once or twice throughout the year. Consequently, this upsurge in the popularity of water sports is facilitating the expansion of the scuba diving equipment market.

Which Companies Hold the Largest Share Across Different Scuba Diving Equipment Market Segments?
Major companies operating in the scuba diving equipment market include Johnson Outdoors Inc., Aqua Lung International, Suunto, 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

What Trends Are Driving Growth in The Scuba Diving Equipment Market?
The emergence of environmentally friendly wetsuits is an influential trend gaining traction in the scuba diving equipment market. Major firms in this sector are focusing on launching green products to solidify their market position and cater to consumer demand. Take for example, in May 2024, Shearwater Research, a Canadian firm that specialises in the production of dive computers and rebreather electronics for both casual and technical divers, unveiled the Peregrine TX dive computer. This product suits various scuba diving needs, making it ideal for both casual and technical divers. It supports thorough dive planning with a range of modes, including Air, Nitrox, 3 Gas Nitrox, and Gauge, enabling divers to efficiently plan and execute a wide array of dives. With the ability to accurately monitor depth up to 120 meters (394 feet), it fulfils the role of an advanced decompression computer, securing safe ascent profiles and meeting decompression necessities.

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What Are the Emerging Geographies for The Scuba Diving Equipment Market Growth?
North America was the largest region in the scuba-diving equipment market in 2024. The regions covered in the scuba diving equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Scuba Diving Equipment Market?
2. What is the CAGR expected in the Scuba Diving Equipment Market?
3. What Are the Key Innovations Transforming the Scuba Diving Equipment Industry?
4. Which Region Is Leading the Scuba Diving Equipment Market?

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