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Scuba Diving Equipment Market

Scuba Diving Equipment Market Analysis - By Product (Regulators and Rebreathers, Bags and Apparel, Gauges and Dive Computers & Other Products), By Distribution Channel (E-commerce, Hypermarkets and Supermarkets, Specialty Stores & Other Distribution Channels), By Region (North America (United States & Canada), Europe (United Kingdom, Italy, Germany, Spain, France & Rest of Europe), Asia Pacific (India, China, Japan, South Korea, Australia, New Zealand, Rest of APAC), Latin America (Brazil, Mexico, Argentina & Rest of Latin America), Middle East & Africa) - Industry Size, Share, Growth, Trends, Landscape, Opportunities & Forecast Report | 2019 - 2025

  • ID : 46909946  |  
  • Published : Oct-2019  |  
  • Region : Global  |  
  • Pages : 130   |  
  • Publisher : Research Cosmos

Scuba Diving Equipment Market Size, Growth Rate & Forecast (2019 - 2025)

According to the analysts at Research Cosmos, the size of the Global Scuba Diving Equipment Market is expected to be valued at USD xx billion in 2019 and to reach USD xx billion by 2025, registering a CAGR of xx% over the forecast period of 2019 – 2025.

The growing demand for recreational activities and water sports activities, along with the increasing domestic and international tourism across the world, is driving the growth of the scuba diving equipment market.

Growth Drivers, Restraints

  • The scuba diving equipment market is expected to grow due to growth in industrial activities and construction. In addition, increased disposable income and attractiveness for coastal tourism will fuel demand over the forecast period. Tourists prefer to visit coastal areas, especially during winters. Governments in all countries are taking initiatives to promote tourism, as it contributes significantly to GDP and helps governments improve the economy. The increase in disposable income and the desire for recreational activities are increasing the demand for diving equipment. Scuba diving is more popular among young people, travelers, and honeymooners.

  • The growth of scuba dive equipment can be hampered by adverse weather conditions and strict government regulations on safety. The main limitations imposed on diving equipment are the discoloration of corals and the increase in water temperature that affects aquatic life. In addition, diving equipment is expensive and unaffordable for a large number of people.

  • The development of extreme sports and the desire to stay in shape and tonic will increase the demand for scuba diving equipment during the forecast period. Increased efforts towards a sustainable aquatic environment are expected to improve marine life and stimulate demand during the forecast period.

Some of the other key findings of the study:

  • Governments of many countries, most of the developing economies, are initiating many plans to develop tourism in the country by developing recreational activities, especially in rural areas.
  • Dive tourism is one of the growing sectors of adventure and sports tourism. Leisure travelers are the majority among the dive travelers, accounting for 70% of the European dive travelers. Among the divers, the male drivers are more in number. However, with the growing awareness and demand, the number of women divers are also catching up.
  • The United States and Europe are the main markets for dive tourism. Almost 25% of the 6 million dive travelers, worldwide, are Europeans. The United Kingdom, France, Germany, and Italy are some of the significant markets for scuba diving equipment in Europe.
  • Apart from the young population already boosting the market, the number of senior travelers are also increasing. Almost 22% of the regular drivers in the 6 million people worldwide are more than 54 years old.
  • Additionally, with the growing internet usage, awareness about traveling is increasing easily and rapidly. The growth in the tourism sector and water sports will boost the demand for scuba diving equipment in the market.
  • The Chinese market for scuba diving is expected to grow at a rapid pace. The tourism sector is expected to play a major role in the developing economies of Asia, especially in the ASEAN nations, such as Thailand, Indonesia, and the Philippines.

Global Scuba Diving Equipment Market is Segmented & Sub-Segmented into:

Scuba Diving Equipment Market - By Product

  • Regulators and Rebreathers
  • Bags and Apparel
  • Gauges and Dive Computers
  • Other Products

Scuba Diving Equipment Market - By Distribution Channel

  • E-Commerce
  • Hypermarkets and Supermarkets
  • Specialty Stores
  • Other Distribution Channels

Scuba Diving Equipment Market - By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East and Africa

Regionally, the scuba diving equipment market is divided into five regions: North America, Europe, Asia-Pacific, Middle East, and Africa, and South America. North America has a significant stake in the diving equipment market. It is expected that ASEAN countries, such as the Philippines and Indonesia, will grow at a higher rate due to various dive sites and increased interest in diving among the population. The Middle East and Africa have less participation because of the lack of natural waters. In Asia-Pacific, Australia has strong participation due to the presence of several bodies of water.

List of companies Playing Key Roel in the Scuba Diving Equipment Market are:

  1. Aqua Lung International
  2. American Underwater Products Inc. (Oceanic)
  3. MARES S.p.A.
  4. Johnson Outdoors Inc.
  5. Sherwood Scuba LLC
  6. Apollo Sports
  7. Bauer Compressors Inc.
  8. Body Glove IP Holdings LP
  9. Cressi Sub S.p.A.
  10. Suunto Oy
  11. Tabata Co., Ltd (TUSA)
  12. Beuchat International SA
  13. Diving Unlimited International (DUI)
  14. Zeagle Systems Inc.

  1. INTRODUCTION

    1. Scope of the Market
    2. Market Definition
    3. Executive Summary

  2. RESEARCH METHODOLOGY

    1. Study Deliverables
    2. Study Assumptions
    3. Analysis Methodology
    4. Research Phases

  3. MARKET DYNAMICS

    1. Drivers
    2. Restraints
    3. Opportunities
    4. Porter’s Five Forces Analysis
    5. Industry Value Chain Analysis

  4. MARKET SEGMENTATION - BY PRODUCT

    1. Regulators and Rebreathers
    2. Bags and Apparel
    3. Gauges and Dive Computers
    4. Other Products

  5. MARKET SEGMENTATION - BY DISTRIBUTION CHANNEL

    1. E-commerce
    2. Hypermarkets and Supermarkets
    3. Specialty Stores
    4. Other Distribution Channels

  6. MARKET SEGMENTATION - BY GEOGRAPHY

    1. North America

      1. United States
      2. Canada

    2. Europe

      1. Germany
      2. Italy
      3. France
      4. United Kingdom
      5. Cyprus
      6. Denmark

    3. Asia-Pacific

      1. Australia
      2. China
      3. Japan
      4. Singapore
      5. Indonesia
      6. Thailand
      7. Malaysia

    4. Latin America

      1. Mexico

    5. Middle East & Africa

      1. Egypt
      2. South Africa
      3. United Arab Emirates

  7. COMPETITIVE INTELLIGENCE - COMPANY PROFILES (OVERVIEW, FINANCIALS**,PRODUCTS AND SERVICES, RECENT DEVELOPMENTS, AND ANALYST VIEW)

    1. Aqua Lung International
    2. American Underwater Products Inc. (Oceanic)
    3. MARES S.p.A.
    4. Johnson Outdoors Inc.
    5. Sherwood Scuba LLC
    6. Apollo Sports
    7. Bauer Compressors Inc.
    8. Body Glove IP Holdings LP
    9. Cressi Sub S.p.A.
    10. Suunto Oy
    11. Tabata Co. Ltd (TUSA)
    12. Beuchat International SA
    13. Diving Unlimited International (DUI)
    14. Zeagle Systems Inc.*

  8. DISCLAIMER

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