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:
- Executive Summary
- Scuba Diving Equipment Market Characteristics
- Scuba Diving Equipment Market Trends And Strategies
- Scuba Diving Equipment Market – Macro Economic Scenario
- Global Scuba Diving Equipment Market Size and Growth
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- Global Scuba Diving Equipment Market Competitive Benchmarking
- Global Scuba Diving Equipment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Scuba Diving Equipment Market
- Scuba Diving Equipment Market Future Outlook and Potential Analysis
- 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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