Recreational Pressure Vessels Market is Forecasted to Reach US$ 248 Million in 2031, Says Stratview Research

The global recreational pressure vessels market is projected to witness a growth rate of 4.3% annually from 2025 to 2031, with an anticipated size of US$ 248 million by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global recreational pressure vessels market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Market Statistics:
Market Size in 2024: US$ 183 million
Market Size in 2031: US$ 248 million
Growth (CAGR): 4.3% during 2025-2031
Leading Application Type: SCUBA
Leading Pressure Vessel Type: Type I
Leading Region: Asia-Pacific
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Recreational Pressure Vessels Market:

The global recreational pressure vessels market is segmented based on application type, pressure vessel type, and region.

Based on application type - The recreational pressure vessels market is segmented into SCUBA, paintball, and other applications. SCUBA remained the dominant segment and is expected to retain its leadership during the forecast period. Type-I pressure vessels account for over 90% of SCUBA diving tanks. The growing interest in recreational activities, particularly diving, has significantly boosted demand, reinforcing SCUBA's strong market position.

Based on pressure vessel type - The recreational pressure vessel market is segmented into Type-I, Type-II, Type-III, and Type-IV pressure vessels. Type-I vessels continue to dominate due to their affordability, durability, and widespread use in activities like SCUBA diving and paintball. However, Type-III vessels are expected to grow at the fastest pace, driven by their lightweight design, higher pressure capacity, and increasing demand for high performance in recreational applications. As technology advances and more users seek portable, efficient alternatives, Type-III vessels will gain traction; however, Type-I will remain the most widely used option over the coming years.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is expected to remain the dominant region throughout the forecast period and is projected to experience the fastest growth over the next six years. This growth outlook is majorly attributed to the following-
· The region's dominance is driven by high tourist inflows and a growing preference for experiential and recreational activities, with China, Australia, and Southeast Asia being the key contributors.

Recreational Pressure Vessels Market Drivers:

Some of the key drivers listed in the report are given below.
· The recovery in the tourism industry and relaxation on travel restrictions, the market is likely to gain momentum.
· Also, the long-term outlook seems to be loaded with promising growth opportunities, driven by the increasing expenditure on recreational activities and inclination towards the marine and coastal tourism of people all across the globe.
· Considering the recuperation of the SCUBA diving industry and pick up in recreational activities.

Top Companies in the Recreational Pressure Vessels Market:

Stratview Research has identified the following companies as the top market players:
• Cylinders Holding Group
• Luxfer Holdings PLC
• Worthington Industries, Inc
• TriMas Corporation
• Shenyang Gas Cylinder Safety Technology Co., Ltd.
• Metal Mate Co., Ltd.
• Catalina Cylinders
• Faber Industrie S.p.A.
• Eurocylinder Systems AG

What Unique Insights Does This Report Offer?
This report provides comprehensive insights into the market, answering critical questions like
- How big is the sales opportunity?
- Which regions offer the best sales opportunities?
- Which are the most attractive market segments?
- Which are the top players and their market positioning?
- How complex is the business environment?
- What are the factors affecting the market?
For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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