Scuba Diving Equipment Market Report 2025

The scuba diving equipment market size has grown steadily in recent years. It will grow from $5.02 billion in 2024 to $5.21 billion in 2025 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to post-pandemic recovery, rescue and safety equipment development, accessibility of diving courses, e-commerce penetration, rise in disposable income.

The scuba diving equipment market size is expected to see strong growth in the next few years. It will grow to $6.34 billion in 2029 at a compound annual growth rate (CAGR) of 5%. The growth in the forecast period can be attributed to rising demand from emerging economies, sustainability in design and materials, digitalization in diving, health and wellness trends, expansion of dive tourism. Major trends in the forecast period include augmented reality (ar) integration, circular economy initiatives, blockchain for equipment traceability, nanotechnology applications.

The rising popularity of water sports is anticipated to drive the growth of the scuba diving equipment market. Water sports encompass activities that are played or practiced on water, including swimming, water polo, and surfing. Scuba diving gear, such as rash guards, wetsuits, hoods, boots, gloves, and earplugs, is commonly used in these sports to protect the body and enhance comfort during activities. For example, a Watersports Participation Survey conducted by the Royal Yachting Association in May 2023 revealed that in 2022, 13.2 million adults in the UK took part in boating activities. Stand-up paddleboarding experienced notable growth, with an increase of 536,000 participants. Overall, more than 10 million people participated in boating activities at least once or twice throughout the year. Thus, the growing interest in water sports is fueling the expansion of the scuba diving equipment market.

The growth of tourism is expected to drive the expansion of the scuba diving equipment market. Tourism involves individuals or groups traveling outside their usual environment for leisure, recreation, business, or other purposes. Scuba diving equipment plays a pivotal role in the tourism industry, providing access to the mesmerizing world beneath the waves. High-quality diving gear enables tourists to explore coral reefs, shipwrecks, and marine life, offering unique experiences not available on land. According to the United Nations World Tourism Organization (UNWTO), a Spain-based UN agency, over 900 million tourists traveled internationally in 2022, doubling the number from 2021. Notably, the Middle East experienced significant relative growth, with tourist arrivals reaching 83% of pre-pandemic levels. Consequently, the upsurge in tourism is contributing to the growth of the scuba diving equipment market.

The emergence of eco-friendly wetsuits is a significant trend gaining traction in the scuba diving equipment market. Leading companies in this sector are increasingly focused on launching sustainable products to enhance their market position and cater to consumer demand. For example, in May 2024, Shearwater Research, a Canadian manufacturer of dive computers and rebreather electronics for both recreational and technical divers, introduced the Peregrine TX dive computer. This device is versatile for various scuba diving applications, suitable for both recreational and technical use. It features advanced dive planning capabilities with multiple modes, including Air, Nitrox, 3 Gas Nitrox, and Gauge, enabling divers to effectively plan and execute different types of dives. With a depth rating of 120 meters (394 feet), it offers precise depth monitoring and acts as an advanced decompression computer, ensuring safe ascent profiles and meeting decompression requirements.

Major players in the scuba diving market are innovating with new products such as wristwatch dive computers to maintain a competitive edge. A wristwatch dive computer is a specialized device crafted for scuba divers, providing convenient monitoring and management of dive information from a wrist-mounted device. For instance, in August 2023, Scubapro, a US-based sporting goods company, launched the Galileo 3 (G3), a full-color wristwatch dive computer designed for underwater exploration and everyday use. Featuring a stainless-steel housing, scratch-resistant sapphire glass lens, and a depth rating of 300m, the dive computer boasts a vibrant high-resolution TFT LCD display, multiple dive modes, wireless air integration, and personalized dive management features, including optional heart rate monitoring. The Galileo 3 also includes a Sport mode for topside activities, smart notifications when paired with a compatible iPhone, and a rechargeable lithium battery providing up to 30 hours of use per charge. The Bluetooth Low Energy interface allows users to download dive data to iOS or Android devices. With various accessories and customizable wrist straps, the Galileo 3 proves to be a versatile and user-friendly addition to the scuba diving gear market.

In December 2023, Barings LLC, a US-based insurance service firm, acquired Aqua Lung La Spirotechnique for an undisclosed sum. This acquisition is intended to support Barings LLC's ongoing transformation and take advantage of the rising demand for diving and water sports equipment, although the exact transaction amount has not been revealed. Aqua Lung La Spirotechnique is a France-based manufacturer known for its cutting-edge scuba diving equipment, which sets industry standards for safety and performance.

Major companies operating in the scuba diving equipment market include Johnson Outdoors Inc., Aqua Lung International, Suunto, Oceanic Worldwide, Bauer Compressors Inc., Tusa, Scubapro, Apeks Marine Equipment Ltd., Huish Outdoors LLC, Hollis Gear, Zeagle Systems Inc., Sherwood Scuba LLC, Halcyon Manufacturing Inc., Poseidon Diving System AB, Cressi Sub S.p.a, Atomic Aquatics Inc., Aquatec-Duton Industry Co. Ltd., Apollo Sports Inc., Armor Products LLC, Beuchat International SA, Duck Diver LLC, H2Odessey, IST Sports Corp., Mares S.p.A, Seasoft Scuba Inc., Dive Rite.

North America was the largest region in the scuba-diving equipment market in 2024. The regions covered in the scuba diving equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the scuba diving equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

Scuba diving equipment encompasses the gear and tools utilized by divers to explore underwater settings. This equipment is essential for supplying breathing gas, managing buoyancy, and ensuring protection, enabling divers to operate safely and effectively while submerged. Key components consist of tanks, regulators, wetsuits, and masks.

The primary categories of scuba diving equipment include the BCD (buoyancy control device) and regulator, cylinder, diving propulsion vehicle, decompression chamber, exposure suit, and various accessories. The regulator functions to reduce the pressure of the breathing gas supply and deliver it to the diver at ambient pressure, ensuring a safe breathing experience. The buoyancy control device is an integral component that features a bladder, aiding divers in achieving neutral buoyancy underwater and positive buoyancy on the surface when needed. The device's functionality varies based on the depth and the type of diving, encompassing recreational diving, clearance diving, and saturation diving. These scuba diving equipment items are available through diverse distribution channels, including specialty stores and online platforms.

The scuba diving equipment research report is one of a series of new reports that provides scuba diving equipment market statistics, including the scuba diving equipment industry's global market size, regional shares, competitors with scuba diving equipment market share, detailed scuba diving equipment market segments, market trends and opportunities, and any further data you may need to thrive in the scuba diving equipment industry. This scuba diving equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The scuba diving equipment market consists of sale of bags and apparel, rebreathers, diving computers, and gauges. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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