Scuba Diving Equipment Market Size with Top Companies 2023 | Business Growing Strategies, Regional Growth, Challenges, Competitive Dynamics, Industry Segmentation and Forecast to 2031
The latest research study on the global Scuba Diving Equipment market finds that the global Scuba Diving Equipment market reached a value of USD 1503.49 million in 2022. It’s expected that the market will achieve USD 2083.7 million by 2028, exhibiting a CAGR of 5.59% during the forecast period.
Scuba diving equipment is equipment used in by underwater divers to make diving activities possible, easier, safer and/or more comfortable. This may be equipment primarily intended for this purpose, or equipment intended for other purposes which is found to be suitable for diving use. Scuba diving equipment includes self-contained underwater breathing apparatus (scuba) to breathe underwater and related accessories. A set of Scuba Diving Equipment includes the specs, scuba mask, fins, BCD, cylinders, computers and gauges, wetsuits and so on. Scuba diving equipment allows underwater divers to visit the underwater world by making it possible to breathe, see and move comfortably while below the surface.Influence of COVID-19 Outbreak on Scuba Diving Equipment Industry DevelopmentIn the specific environment based on the outbreak of COVID-19, the global economy has been significantly affected, resulting in Challenges and Opportunities for the development status of various industries. The report is based on the impact of COVID-19 and conducts research on the scuba diving equipment industry from different perspectives such as macroeconomics, industrial chains, and regions.Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease (COVID-19) are already starting to be felt, and will significantly affect the scuba diving equipment market in 2020. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. During the epidemic, the resumption of work, operations, revenue targets, and industry development of the scuba diving equipment industry were all challenge. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the scuba diving equipment market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
Europe had the highest growth rate of all regions.
Aqua Lung International is one of the major players operating in the Scuba Diving Equipment market, holding a share of 22.80% in 2020.Aqua Lung sells sporting and recreation goods. The Company offers a complete range of diving equipment such as buoyancy compensators, alternate air sources, masks, snorkels, fins, lights, wet suits, gloves and boots, and apparel. Aqua Lung serves customers worldwide.In 1953, twin brothers Bill and Bob Meistrell co-founded Body Glove when they designed the first practical wetsuit. Body Glove International LLC manufactures and sells water sports apparel and accessories. The Company offers wetsuits, rashguards, bikinis, body boards, wakeboards, mobile accessories, watches, footwear, safety and sports gear, water filters, women’s swimwear, men’s board shorts, women’s cover-ups and apparel, life jackets, sunglasses, and hats.
Among different product types, Wetsuits segment is anticipated to contribute the largest market share in 2027.
By application, the Recreational Diving segment occupied the biggest share from 2017 to 2022.The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Scuba Diving Equipment market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives. For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors. As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain Challenges, among other essential research elements are all covered.
This report provides an overview of the global Scuba Diving Equipment market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Scuba Diving Equipment and its sub-markets in an intuitive way.
This Scuba Diving Equipment Market Research Report offers a thorough examination and insights into the market’s size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and local industrial presence. A thorough understanding of the Consumer Goods sector and its commercial potential is the aim of the market study. The Scuba Diving Equipment Market Report is 117 pages long and includes a detailed table of contents, a list of numbers, tables, and charts, and in-depth analysis.
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Among the Top Manufacturers in the Scuba Diving Equipment business are:
- Apollo Sports USA
- Aqua Lung International
- Johnson Outdoors
- Aquatec-Duton Industry Co. Ltd.
- Sherwood Scuba
- Atomic Aquatics
- Dive Rite
- Seasoft Scuba
- Henderson Aquatics
- Body Glove
- Diving Unlimited International
These major players are adopting several strategies such as product launch, merger & acquisition, acquisition, joint venture, and partnership to create brand identity in the market.
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By Product Type:
- Scuba Mask
- Computers and Gauges
- Recreational Diving
- Professional Diving
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country’s market position.
- North America (US, Canada, Mexico)
- Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LA)
- Middle East and Africa (Turkey, GCC, Rest of Middle East)
This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.
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The epidemic is still causing tremendous disruption in industries throughout the world. We’ve been tracking the direct and indirect consequences of the COVID-19 outbreak on the Scuba Diving Equipment market. To Know How Covid-19 Pandemic will Impact this Industry –https://www.precisionreports.co/enquiry/request-covid19/23489172
Table of Contents:
With tables and figures to help analyze the global Scuba Diving Equipment market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
1. Market Definition and Statistical Scope
1.1 Objective of the Study
1.2 Scuba Diving Equipment Market Definition
1.3 Market Scope
1.3.1 Market Segmentation by Type, Downstream Industry and Marketing Channel
1.3.2 Major Geographies Covered (North America, Europe, Asia Pacific, Middle East & Africa, Latin America)
1.4 Years Considered for the Study (2018-2029)
1.5 Currency Considered (US-Dollar)
2. Research Findings and Conclusion
3 Key Companies Profile
3.1 Competitive Profile
3.1.1 Global Sales and Market Share by Companies
3.1.2 Global Revenue and Market Share by Companies
4. Global Scuba Diving Equipment Market Segmented by Type
4.1 Global Sales, Revenue and Growth Rate by Type 2018-2023
5 Global Scuba Diving Equipment Market Segmented by Downstream Industry
5.1 Global Sales, Revenue and Growth Rate by Downstream Industry 2018-2023
6 Scuba Diving Equipment Industry Chain Analysis
6.1 Value Chain Status
6.2 Upstream Raw Material Analysis
6.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
6.5 Downstream Major Customer Analysis (by Region)
6.6 Value Chain Under Regional Conflicts
7. The Development and Dynamics of Scuba Diving Equipment Market
7.1 Driving Factors of the Market
7.2 Factors Challenging the Market
7.3 Opportunities of the Global Market (Regions, Growing/Emerging Downstream Market Analysis)
7.4 Technology Status and Developments
7.5 Industry News
7.6 Market Investment Scenario Strategic Recommendations
7.7 COVID-19 Impact on Industry
7.8 Industry SWOT Analysis
8 Global Scuba Diving Equipment Market Segmented by Geography
8.1 Global Revenue and Market Share by Region 2018-2023
8.2 Global Sales and Market Share by Region 2018-2023
9 North America
9.1 North America Sales, Price, Revenue, Gross Margin and Gross Analysis from 2018-2023
9.2 North America Sales Analysis from 2018-2023
9.3 North America Import and Export from 2018-2023
9.4 North America Market by Country
10.1 Europe Sales, Price, Revenue, Gross Margin and Gross Analysis from 2018-2023
10.2 Europe Sales Analysis from 2018-2023
10.3 Europe Import and Export from 2018-2023
10.4 Europe Market by Country
11 Asia Pacific
12 Latin America
13 Middle East & Africa
14. Global Scuba Diving Equipment Market Forecast by Geography, Type, and Downstream Industry 2023-2029
14.1 Forecast of the Global Market from 2023-2029 by Region
14.2 Global Sales and Growth Rate Forecast by Type (2023-2029)
14.3 Global Sales and Growth Rate Forecast by Downstream Industry (2023-2029)
14.4 Market Forecast Under COVID-19
15.2 Research Data Source
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Key Benefits for Stakeholders:
- The report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Scuba Diving Equipment market from 2018-2029.
- The research study provides the latest information on the market drivers, challenges, and opportunities.
- The research identifies the leading and fastest growing regional industries. It further enables stakeholders to identify the key country-level markets within each region.
- Porter’s five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Scuba Diving Equipment industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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Drivers, Restrains and Research Methodology:
The research study analyses the key market growth-promoting elements. Fundamental barriers to market expansion result in differing curves for capturing opportunities in developing markets. A significant sample data collecting module was used for the base year’s data collection and analysis. The primary research approaches include data mining, data triangulation, market impact analysis, and preliminary validation (industry experts). The data model also incorporates metrics, top-down analysis, supplier engagement analysis, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, and supplier positioning grid. For further information on this report, please Request a Sample Copy of “Global Scuba Diving Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029” Here.
Market is changing rapidly with the ongoing expansion of the industry. Advancement in the technology has provided today’s businesses with multifaceted advantages resulting in daily economic shifts. Thus, it is very important for a company to comprehend the patterns of the market movements in order to strategize better. An efficient strategy offers the companies with a head start in planning and an edge over the competitors. Precision Reports is the credible source for gaining the market reports that will provide you with the lead your business needs.