Scuba Diving Equipment Market Size & Forecast | 2031

Scuba Diving Equipment Market Size & Forecast | 2031

Segments - Scuba Diving Equipment Market by Types (Decompression Chamber, Regulators & Rebreathers, Gauges & Dive Computers, Cylinder & Diving Propulsion Vehicle, Bags & Apparels, and Other), Distribution Channels (Online, Specialty Stores, and Others), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Debadatta Patel
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Fact-checked by : PARTHA PAUL
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Editor : Shruti Bhat

Upcoming | Report ID :CG-4237 | 4.9 Rating | 84 Reviews | 166 Pages | Format : PDF Excel PPT

Report Description


The global scuba diving equipment market size was valued at around USD 4.52 billion in 2022 and is expected to reach USD 6.30 billion by 2031, expanding at a CAGR of around 3.7% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising disposable income and surging coastal tourism.

Global Scuba Diving Equipment Market Outlook

Scuba is an acronym, which stands for Self-Contained Underwater Breathing Apparatus. In 1954, Dr. Christian Lambertsen coined the term SCUBA as a new name for his invention, the Lambersen Amphibious Respiratory Unit (LARU). Scuba diving refers to a type underwater diving, where divers use independent breathing equipment. Scuba divers carry an independent tank of compressed air, which facilitate them to breath, move independently, and stay more time underwater than free divers. The breathing gas is usually a mixture of nitrogen and oxygen called Nitrox or enriched air. In addition to breathing gas, a scuba diver needs equipment such as wet suits, fins, mask, regulator, rebreather, dive computer, Buoyancy Control Device (BCD), and others.

Scuba diving has gained popularity in recent years due to increasing awareness of health benefits associated with it. Scuba diving is considered as an enjoyable and adrenaline boosting deep-water sport with health benefits such as strength, breathing, flexibility, lower blood pressure, fitness, and others. It is considered a way to socialize, explore marine life, and a way to relieve stress.

  • Rising popularity of diving destinations is expected to drive the global scuba diving equipment market during the forecast period.
  • Increasing government initiatives and policies to develop and promote travel & tourism boost the market.
  • Introduction of low-cost airlines is anticipated to fuel the market in the coming years.
  •  Growing popularity of extreme sports among travellers, backpackers, and others is estimated to drive the market during the forecast period.
  • High cost of scuba diving equipment and training is anticipated to hamper the growth of the market during the projected period.
  • Rising cases of fatal accidents while scuba diving hinder the growth of the market.
  • Increasing awareness regarding health benefits of scuba diving among divers offers growth opportunities to the key market players.

Scope of the Report

The report on the global scuba diving equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Scuba Diving Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Decompression Chamber, Regulators & Rebreathers, Gauges & Dive Computers, Cylinder & Diving Propulsion Vehicle, Bags & Apparels, and Other), and Distribution Channels (Online, Specialty Stores, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Aqualung International; Apeks Marine Equipment, Ltd.; Mares; Johnson Outdoors, Inc.; MarketBlast; Huish Outdoors; Sherwood Scuba; American Underwater Products, Inc.; Poseidon Diving Systems AB; Cressi Sub S.p.A.; H2Odessey; Duck Diver, LLC; Beuchat; and Others

Market Segment Insights

Regulators & rebreathers segment drives the market

On the basis of types, the market is divided into decompression chamber, regulators & rebreathers, gauges & dive computers, cylinder & diving propulsion vehicle, bags & apparels, and other. The regulators & rebreathers segment is expected to boost the market during the forecast period, as regulators and rebreathers are commonly available at dive resorts and on live-onboard boats. Regulators and rebreathers were used for military purposes; however, they have become mainstream in the recent years. The bags & apparels segment is anticipated to expand in the coming years, due to manufacturers offering bright colors, designs, and patterns for divers to customize their apparels.

Global Scuba Equipment Market by Types

Specialty stores segment holds a key market share

Based on distribution channels, the market is segregated into online, specialty stores, and others. The specialty stores segment is projected to drive the market during the forecast period, as specialty stores offer wide variety of scuba diving equipment, gears, and accessories to consumers than other distribution channels. These stores are usually located near diving sites in coastal regions. This increases their foot traffic, which aid in the expansion of the segment. The online segment is anticipated to expand at a significant rate, due to growing inclination of consumers towards online platforms for purchasing scuba diving equipment. Consumers can compare between several products on online platforms and get them delivered at their homes. These factors facilitate the expansion of the online segment.

North America dominates the market

In terms of regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America is expected to register a high CAGR during the forecast period, due to high scuba diving activities in the coastal areas with rich coral reef in the region. Rising inbound tourism, increasing participation in in-the-water sports, and growing demand for customized scuba diving apparel are anticipated to boost the growth of the market in North America.

Global Scuba Diving Equipment Market by Regions

Segments

The global scuba diving equipment market has been segmented on the basis of

Types
  • Decompression Chamber
  • Regulators & Rebreathers
  • Gauges & Dive Computers
  • Cylinder & Diving Propulsion Vehicle
  • Bags & Apparels
  • Other
Apparels
  • Dry Suits
  • Wet Suits
  • Scuba Gloves
  • Fins
Distribution Channels
  • Online
  • Specialty Stores
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Aqualung International
  • Apeks Marine Equipment, Ltd.
  • Mares
  • Johnson Outdoors, Inc.
  • MarketBlast
  • Huish Outdoors
  • Sherwood Scuba
  • American Underwater Products, Inc.
  • Poseidon Diving Systems AB
  • Cressi Sub S.p.A.
  • H2Odessey
  • Duck Diver, LLC
  • Beuchat
  • Others

Competitive Landscape

The global scuba diving market is competitive with the presence of key players such as Aqualung International; Apeks Marine Equipment, Ltd.; Mares; Johnson Outdoors, Inc.; MarketBlast; Huish Outdoors; Sherwood Scuba; American Underwater Products, Inc.; Poseidon Diving Systems AB; Cressi Sub S.p.A.; H2Odessey; Duck Diver, LLC; Beuchat; and others, who use business strategies such as collaborations, acquisitions, product launches, mergers, and partnerships to dominate the market. For example, May 2020, Apeks Marine Equipment, Ltd. launched its new range of apparel range. In October 2021, MarketBlast, an open innovation platform, launched a global product hunt in the scuba diving industry to license and acquire new scuba diving innovations.

Global Scuba Diving Equipment Market by Key Players

 

Frequently Asked Questions

The market is estimated to register CAGR of around 3.7% during the forecast period.

The global scuba diving equipment market size was valued at around USD 4.52 billion in 2022 and is expected to reach USD 6.30 billion by 2031, expanding at a CAGR of around 3.7% during the forecast period, 2023 – 2031.

Scuba diving refers to a type underwater diving, where divers use independent breathing equipment.

Decompression chamber, regulators & rebreathers, gauges & dive computers, cylinder & diving propulsion vehicle, and bags & apparels are some of the equipment used for scuba diving.

North America dominates the global scuba diving market.

Aqualung International; Apeks Marine Equipment, Ltd.; Mares; Johnson Outdoors, Inc.; MarketBlast; Huish Outdoors; Sherwood Scuba; American Underwater Products, Inc.; and Poseidon Diving Systems AB are some of the key players in the market.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Scuba Diving Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Scuba Diving Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Scuba Diving Market - Supply Chain
  4.5. Global Scuba Diving Market Forecast
     4.5.1. Scuba Diving Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Scuba Diving Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Scuba Diving Market Absolute $ Opportunity
5. Global Scuba Diving Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Scuba Diving Market Size and Volume Forecast by Types
     5.3.1. Decompression Chamber
     5.3.2. Regulators & Rebreathers
     5.3.3. Gauges & Dive Computers
     5.3.4. Cylinder & Diving Propulsion Vehicle
     5.3.5. Bags & Apparels
     5.3.6. Other
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Scuba Diving Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Scuba Diving Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Scuba Diving Demand Share Forecast, 2019-2026
7. North America Scuba Diving Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Scuba Diving Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Scuba Diving Market Size and Volume Forecast by Types
     7.4.1. Decompression Chamber
     7.4.2. Regulators & Rebreathers
     7.4.3. Gauges & Dive Computers
     7.4.4. Cylinder & Diving Propulsion Vehicle
     7.4.5. Bags & Apparels
     7.4.6. Other
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Scuba Diving Demand Share Forecast, 2019-2026
8. Latin America Scuba Diving Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Scuba Diving Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Scuba Diving Market Size and Volume Forecast by Types
     8.4.1. Decompression Chamber
     8.4.2. Regulators & Rebreathers
     8.4.3. Gauges & Dive Computers
     8.4.4. Cylinder & Diving Propulsion Vehicle
     8.4.5. Bags & Apparels
     8.4.6. Other
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Scuba Diving Demand Share Forecast, 2019-2026
9. Europe Scuba Diving Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Scuba Diving Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Scuba Diving Market Size and Volume Forecast by Types
     9.4.1. Decompression Chamber
     9.4.2. Regulators & Rebreathers
     9.4.3. Gauges & Dive Computers
     9.4.4. Cylinder & Diving Propulsion Vehicle
     9.4.5. Bags & Apparels
     9.4.6. Other
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Scuba Diving Demand Share Forecast, 2019-2026
10. Asia Pacific Scuba Diving Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Scuba Diving Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Scuba Diving Market Size and Volume Forecast by Types
     10.4.1. Decompression Chamber
     10.4.2. Regulators & Rebreathers
     10.4.3. Gauges & Dive Computers
     10.4.4. Cylinder & Diving Propulsion Vehicle
     10.4.5. Bags & Apparels
     10.4.6. Other
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Scuba Diving Demand Share Forecast, 2019-2026
11. Middle East & Africa Scuba Diving Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Scuba Diving Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Scuba Diving Market Size and Volume Forecast by Types
     11.4.1. Decompression Chamber
     11.4.2. Regulators & Rebreathers
     11.4.3. Gauges & Dive Computers
     11.4.4. Cylinder & Diving Propulsion Vehicle
     11.4.5. Bags & Apparels
     11.4.6. Other
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Scuba Diving Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Scuba Diving Market: Market Share Analysis
  12.2. Scuba Diving Distributors and Customers
  12.3. Scuba Diving Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Aqualung International
     12.4.2. Apeks Marine Equipment, Ltd.
     12.4.3. Mares
     12.4.4. Johnson Outdoors, Inc.
     12.4.5. MarketBlast
     12.4.6. Huish Outdoors
     12.4.7. Sherwood Scuba
     12.4.8. American Underwater Products, Inc.
     12.4.9. Poseidon Diving Systems AB
     12.4.10. Cressi Sub S.p.A.

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