Dublin, March 11, 2025 (GLOBE NEWSWIRE) -- The "Diving Suits - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Diving Suits was valued at US$576.4 Million in 2024 and is projected to reach US$781 Million by 2030, growing at a CAGR of 5.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers and forecasts.
The design and functionality of diving suits have seen significant advancements, driven by both technological innovation and changing consumer demands. Modern diving suits incorporate features like improved seam construction, flexible panels for better movement, and advanced zippers that enhance waterproofing. Manufacturers are also focusing on reducing the environmental impact by using more sustainable materials and production processes. The aesthetic appeal of diving suits has not been overlooked, with brands offering a range of styles and colors to attract fashion-conscious divers.
Additionally, the rise of technical diving, which includes activities like cave diving and wreck exploration, has spurred the development of specialized suits that offer enhanced durability and functionality to meet the demands of these challenging environments.
The growth in the diving suits market is driven by several factors. Firstly, the increasing popularity of recreational diving and marine tourism is expanding the consumer base, particularly in coastal regions and holiday destinations. Secondly, advancements in material science, such as the development of more flexible and durable neoprene alternatives, have significantly enhanced the performance and comfort of diving suits. Thirdly, the rising awareness and interest in marine conservation and underwater photography are encouraging more people to take up diving, boosting the demand for high-quality gear. The expansion of e-commerce platforms has also made diving suits more accessible, allowing consumers to easily compare and purchase products online.
Additionally, collaborations between diving gear manufacturers and professional divers have led to the creation of highly specialized suits that cater to the needs of different diving activities. Lastly, marketing strategies focusing on the adventurous and exploratory aspects of diving, along with endorsements by renowned divers, have been effective in attracting new enthusiasts and maintaining the market's momentum. These factors collectively contribute to the robust growth and innovation within the diving suits market.
Scope of the Study
The report analyzes the Diving Suits market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments:
- Type (Wet Suits, Dry Suits)
- Price Range (Mid-Range Diving Suits, Luxury Diving Suits, Economy Diving Suits)
- Distribution Channel (Offline Distribution Channel, Online Distribution Channel)
Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; Rest of Asia-Pacific; Latin America; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Wet Suits segment, which is expected to reach US$564.3 Million by 2030 with a CAGR of a 5.1%. The Dry Suits segment is also set to grow at 5.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $216.1 Million in 2024, and China, forecasted to grow at an impressive 7.0% CAGR to reach $81.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AKONA, Aqualung Group, AQUATEC - DUTON INDUSTRY CO., LTD., Authentic Brands Group LLC, Beuchat International SAS and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Questions Answered:
- How is the Global Diving Suits Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 61 major companies featured in this Diving Suits market report include:
- Akona
- Aqualung Group
- Aquatec - Duton Industry
- Authentic Brands Group
- Beuchat International SAS
- Cressi
- Dive N' Surf
- Dive Rite
- Diving Unlimited International Inc.
- H2Odyssey
- Huish Outdoors
- Johnson Outdoors
- Mares S.p.A
- Northern Diver International
- Omersub S.p.A.
- Orca
- SF Tech Sarl
- SHEICO Group
- Vissla
Key Attributes:
Report Attribute | Details |
No. of Pages | 367 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $576.4 Million |
Forecasted Market Value (USD) by 2030 | $781 Million |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Global Market Outlook
- Global Economic Update
- World Economic Growth Projections (Real Gross Domestic Product (GDP), Annual % Change) for the Years 2022 Through 2025
- Global Headline Inflation Rates (In %) for the Years 2019 through 2025
- Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2019 through 2025
- Diving Suits - Global Key Competitors Percentage Market Share in 2024
- Diving Suits Competitor Market Share Scenario Worldwide (in %): 2023
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
- Diving Suits: An Introduction
- Recent Market Activity
- Influencer/Product/Technology Insights
MARKET TRENDS & DRIVERS
- Rise of Recreational Scuba Diving Globally Expands the Addressable Market Opportunity for Diving Suits
- Innovative Materials Accelerate Demand: Evolution of Thermal and Pressure-Resistant Fabrics
- Ergonomic Composite Diving Suits: A Leap Forward for Diving Equipment
- Innovative Non-Neoprene Wetsuits to Transform Diving Technology
- Exploring the Expansion of the Global Diving Suits Market through Technological Innovation
- Sustainability in Material Sourcing Strengthens the Business Case for Eco-Friendly Diving Suits
- Growth in Coastal Tourism Spurs Diving Gear Sales and Market Expansion
- Scuba Diving Suit Adapts to New Challenges with Material, Technology and Design Innovations
- Diving Suits: The Sail Ahoy Moment with the Wave of Deep-Sea & Underwater Tourism
- Expansion of Oil and Gas Industry to Drive Growth
- Global Upstream Oil& Gas CAPEX (In US$ Billion) for Years 2020- 2024E
- Global Oil Demand Estimates and Forecasts (In Million Barrels per Day) for Years 2018-2030
- Integration of IoT in Diving Suits Drives Adoption of Smart Technologies
- Growing Trend of Underwater Photography and Videography Propels Market Expansion
- Surge in Female Scuba Divers Generates New Market Segments
- Customized Diving Suits: Enhancing Performance and Emphasizing Individual Needs
- Developments in Suits for Naval Operations Strengthen Demand in Military Applications
FOCUS ON SELECT PLAYERS
- Akona
- Aqualung Group
- Aquatec - Duton Industry
- Authentic Brands Group
- Beuchat International SAS
- Cressi
- Dive N' Surf
- Dive Rite
- Diving Unlimited International Inc.
- H2Odyssey
- Huish Outdoors
- Johnson Outdoors
- Mares S.p.A
- Northern Diver International
- Omersub S.p.A.
- Orca
- SF Tech Sarl
- SHEICO Group
- Vissla
For more information about this report visit https://www.researchandmarkets.com/r/ir7e0z
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