Scuba Diving Equipment Industry Scuba Diving Equipment Industry

Scuba Diving Equipment Industry Key Players, Trends, Growth
Opportunities and Industry Forecast till 2025
“Scuba diving equipment market is driven by rise in
popularity of water sports and demand for diving kits by
tourists. Increase in global tourism and low cost airline is
likely to propel the market growth during the forecast
period.”
The global scuba diving equipment market is anticipated to grow at a significant CAGR of 9% during the
forecast period. Scuba diving is one of the most practised sea activities by sea explorers. Lately, there is a
significant rise of marine researchers across the globe, who spend half a year und erwater for conducting
marine research. Very recently, the industry witnesses much progress since it receives significant funding for
training and development purpose.
Scuba diving equipment market is driven by rise in popularity of water sports and deman d for diving kits by
tourists. Increase in global tourism and low cost airline is likely to propel the market growth during the
forecast period. Government initiatives and marketing techniques for promotion of marine activities are
supplementing the market demand for scuba diving equipment.
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Preference by honeymoon couples for sea-side destination is another trend observed in the recent years.
However, fatalities caused due to non-professional conduct of scuba divers and significant costs for procuring
diving equipment is likely to hinder the market growth in the forecast period.
Product segmentation for scuba diving equipment industry involves diving computers and gauges, bags and
apparel and rebreathers and regulators. Bags and apparel account for a significant market share due to rise in
travel and tourism. Market is geographically segmented as North America, South America, Europe, Asia-Pacific,
Middle East and Africa. North America dominates the global market scenario owing to technological