Diving Equipment Market Growth, Industry Trends, And Statistics

The Scuba Diving Equipment Global Market Report 2023, provides comprehensive information on the scuba diving equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Scuba Diving Equipment Global Market Report 2023, the global scuba diving equipment market is expected to grow from $4.19 billion in 2022 to $4.39 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The scuba diving equipment market is expected to reach $5.19 billion in 2027 at a CAGR of 4.2%.

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The introduction of eco-friendly wetsuits is a key trend gaining popularity in the scuba diving equipment market. Major companies operating in the scuba diving equipment market sector are focused on introducing eco-friendly products to strengthen their position and meet consumer demand. For instance, in April 2021, Aqualung, a US-based company that manufactures scuba diving equipment, launched an eco-friendly wetsuit named the Xscape 3/4mm Wetsuit. This 3/4mm suit is suitable for diving in water temperatures ranging from 20 to 28 degrees Celsius, and it also has terrific four-way flexibility, making it ideal for all ocean sports. It is made entirely of non-neoprene fibers, making swimming quite comfortable underwater.

The scuba diving equipment market 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

North America was the largest region in the scuba diving equipment market in 2022.

The table of contents in TBRC’s scuba diving equipment market report includes:

1. Executive Summary
2. Scuba Diving Equipment Market Characteristics
3. Scuba Diving Equipment Market Trends And Strategies
4. Scuba Diving Equipment Market – Macro Economic Scenario
5. Global Scuba Diving Equipment Market Size and Growth

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32. Global Scuba Diving Equipment Market Competitive Benchmarking
33. Global Scuba Diving Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Scuba Diving Equipment Market
35. Scuba Diving Equipment Market Future Outlook and Potential Analysis
36. Appendix

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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