Diving Equipment Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Diving Equipment Market is segmented By Product Type (BCD And Regulators, Cylinder and Diving Propulsion Vehicle, Decompression Chamber, Exposure Suit....

Diving Equipment Market Size

Market Size in USD

CAGR7.5%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR7.5%
Market ConcentrationMedium
Major PlayersAqua Lung International, Mares S.P.A., Cressi Sub S.P.A., American Underwater Products, Inc., Poseidon Diving System AB
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Diving Equipment Market Analysis

The diving equipment market is estimated to be valued at USD 3.83 Bn in 2024 and is expected to reach USD 6.36 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2031. The diving equipment market has been witnessing positive trends over the past few years, primarily owing to a steady rise in underwater diving activities such as scuba diving, snorkeling and free diving.