Scuba Diving Equipment

Global Scuba Diving Equipment Market to Reach US$5.9 Billion by 2030

The global market for Scuba Diving Equipment estimated at US$4.7 Billion in the year 2024, is expected to reach US$5.9 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. BCD & Regulator, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$2.4 Billion by the end of the analysis period. Growth in the Cylinder & Diving Propulsion Vehicle segment is estimated at 3.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.3 Billion While China is Forecast to Grow at 6.7% CAGR

The Scuba Diving Equipment market in the U.S. is estimated at US$1.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.2% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Global Scuba Diving Equipment Market - Key Trends and Drivers Summarized

Scuba Diving Equipment: What’s Driving the Underwater Adventure Market?

Scuba diving equipment is essential for both recreational and professional divers, encompassing a range of gear such as masks, fins, wetsuits, regulators, dive computers, and tanks. The global market for scuba diving equipment is growing significantly, driven by the rising popularity of adventure sports and marine tourism worldwide. Scuba diving, which offers an immersive experience of exploring underwater ecosystems, is becoming increasingly popular in coastal regions across Asia-Pacific, the Caribbean, and the Mediterranean. As more people seek adventurous vacations and eco-tourism activities, the demand for high-quality diving gear that ensures safety, comfort, and an enhanced diving experience is rising. Manufacturers are focusing on innovation in design and functionality to cater to diverse customer needs, from beginners to professional divers.

How Are Technological Innovations Enhancing the Scuba Diving Experience?

Technological advancements are transforming the scuba diving equipment market, making diving safer, more enjoyable, and accessible to a broader audience. Modern dive computers, for instance, are equipped with advanced algorithms that calculate decompression stops and monitor depth, air consumption, and dive time, providing divers with real-time data to ensure safe diving practices. The development of lightweight and durable materials such as neoprene and thermoplastic elastomers (TPE) is enhancing the comfort and flexibility of wetsuits and fins. Additionally, innovations in underwater communication devices and heads-up displays (HUDs) integrated into diving masks are enabling divers to stay connected and access critical information hands-free. These technological innovations are not only enhancing user safety and experience but are also driving demand for next-generation diving equipment.

What Market Trends Are Shaping the Future of Scuba Diving Equipment?

Several market trends are shaping the future of the scuba diving equipment industry. The increasing awareness of marine conservation is encouraging eco-conscious divers to invest in environmentally friendly diving gear made from sustainable materials. This trend is driving manufacturers to develop products such as biodegradable wetsuits and eco-friendly regulators that minimize environmental impact. The growth in scuba diving among women and younger generations is expanding the addressable market, prompting companies to design gender-specific and size-inclusive gear. Additionally, the rise of underwater photography and videography as a popular hobby is spurring the demand for specialized equipment like waterproof cameras, lighting systems, and dive masks with integrated camera mounts. The expanding network of scuba diving training and certification centers globally is further fueling the demand for basic and advanced diving gear.

What Drives the Growth in the Scuba Diving Equipment Market?

The growth in the scuba diving equipment market is driven by several factors, including advancements in diving technology, the expanding scuba diving tourism industry, and increasing awareness about marine life and conservation. Technological innovations in dive computers, underwater communication devices, and eco-friendly gear are enhancing the appeal of scuba diving among enthusiasts and professionals alike. The rising number of coastal resorts and diving schools offering training and guided tours is creating a steady demand for diving equipment. The surge in underwater exploration activities and the popularity of dive travel, particularly in regions like Southeast Asia and the Caribbean, are also contributing to market growth. Furthermore, the trend of dive shops and online platforms offering rental and purchase options is making scuba diving more accessible, driving equipment sales and rentals worldwide.

SCOPE OF STUDY:

The report analyzes the Scuba Diving Equipment market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (BCD & Regulator, Cylinder & Diving Propulsion Vehicle, Exposure Suit, Decompression Chamber, Other Product Types)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 44 Featured) -

• Aqualung Australia Pty Limited
• Aqualung Group
• Comanex
• Cressi-Sub USA Inc.
• Dive N` Surf, Inc.
• Dive World, Inc.
• Edge Dive Gear
• Innerspace Water Sports Inc.
• Johnson Outdoors, Inc.
• MARES S.p.A.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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