Market Overview:
The global dive wetsuits market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing popularity of recreational diving and the growing demand for professional diving gear. In terms of type, the men’s segment is expected to dominate the global dive wetsuits market during the forecast period. However, in terms of CAGR, the women’s segment is projected to grow at a higher rate than that of men’s segment during 2018-2030.
Product Definition:
A dive wetsuit is a piece of clothing worn by divers to keep them warm in cold water. They are made of neoprene, which is a rubber-like material that traps heat and keeps it close to the body. This makes diving in cold water much more comfortable and allows divers to stay in the water for longer periods of time.
Men:
Men, it's usage and growth factor in Dive Wetsuits market is expected to witness significant growth over the forecast period. The primary reason for this upsurge in demand is due to an increase in awareness among people about water sports activities such as surfing, scuba diving or snorkeling which are considered healthy and safe recreational activities.
Women:
Women and it's usage in Dive Wetsuits market is a growing segment of the swimwear industry. The main target demographic for this product is women who are into water sports, surfing, or just enjoy spending time in the ocean. This wetsuit-like suit can be used as both surf wear and swimming wear. It has separate zippers on the legs and arms for easy removal while swimming or surfing.
Application Insights:
The recreational diving segment accounted for the largest share of over 50.0% in 2017 and is anticipated to maintain its lead over the forecast period. The increasing number of scuba divers around the world has created a significant demand for wet suits that are comfortable, affordable and easy to use by beginners as well as experts.
Professional diving is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in oil & gas exploration activities coupled with rising construction spending in emerging economies such as China, India and Brazil which are driving up demand for advanced safety equipment including dry suits and wet suites by major manufacturers such as Mares, Aqualungs etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, owing to increasing participation rates and government initiatives. For instance, in 2015, the National Oceanic and Atmospheric Administration (NOAA) launched a new recreational diving program that will provide free introductory courses at more than 30 sites across the country. These initiatives are anticipated to increase demand for wet suits over the forecast period.
Asia Pacific is expected to be one of fastest-growing regions during the forecast period due to growing popularity of water sports activities among people from all age groups in countries including China, Japan, South Korea and India.
Growth Factors:
- Technological advancements in the design of dive wetsuits that improve thermal insulation and comfort.
- Increasing popularity of diving as a recreational activity, which will lead to an increase in demand for dive wetsuits.
- Growing awareness about the health benefits of diving, which is expected to boost demand for dive wetsuits over the forecast period.
- Rising disposable income levels among consumers in developed countries, which will lead to an increase in spending on dive gear including wetsuits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dive Wetsuits Market Research Report
By Type
Men, Women
By Application
Recreational Diving, Professional Diving
By Companies
Aqualung, Johnson Outdoors, Head, Poseidon, Tusa, American Underwater Products, Saekodive, Cressi, Sherwood Scuba, Beuchat International, IST Sports, Seac, Dive Rite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Dive Wetsuits Market Report Segments:
The global Dive Wetsuits market is segmented on the basis of:
Types
Men, Women
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Recreational Diving, Professional Diving
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aqualung
- Johnson Outdoors
- Head
- Poseidon
- Tusa
- American Underwater Products
- Saekodive
- Cressi
- Sherwood Scuba
- Beuchat International
- IST Sports
- Seac
- Dive Rite
Highlights of The Dive Wetsuits Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Men
- Women
- By Application:
- Recreational Diving
- Professional Diving
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dive Wetsuits Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dive Wetsuits are a type of wet suit that is specifically designed for diving. They are made from a special type of fabric that is resistant to water and chlorine, which means they can be worn in environments where other wet suits cannot. Dive Wetsuits also have features like air pockets and stretchy fabric that help them conform to the body, making them more comfortable to wear while diving.
Some of the key players operating in the dive wetsuits market are Aqualung, Johnson Outdoors, Head, Poseidon, Tusa, American Underwater Products, Saekodive, Cressi, Sherwood Scuba, Beuchat International, IST Sports, Seac, Dive Rite.
The dive wetsuits market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dive Wetsuits Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Dive Wetsuits Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Dive Wetsuits Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Dive Wetsuits Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Dive Wetsuits Market Size & Forecast, 2018-2028 4.5.1 Dive Wetsuits Market Size and Y-o-Y Growth 4.5.2 Dive Wetsuits Market Absolute $ Opportunity
Chapter 5 Global Dive Wetsuits Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Dive Wetsuits Market Size Forecast by Type
5.2.1 Men
5.2.2 Women
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Dive Wetsuits Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Dive Wetsuits Market Size Forecast by Applications
6.2.1 Recreational Diving
6.2.2 Professional Diving
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dive Wetsuits Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dive Wetsuits Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Dive Wetsuits Analysis and Forecast
9.1 Introduction
9.2 North America Dive Wetsuits Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Dive Wetsuits Market Size Forecast by Type
9.6.1 Men
9.6.2 Women
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Dive Wetsuits Market Size Forecast by Applications
9.10.1 Recreational Diving
9.10.2 Professional Diving
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Dive Wetsuits Analysis and Forecast
10.1 Introduction
10.2 Europe Dive Wetsuits Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Dive Wetsuits Market Size Forecast by Type
10.6.1 Men
10.6.2 Women
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Dive Wetsuits Market Size Forecast by Applications
10.10.1 Recreational Diving
10.10.2 Professional Diving
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Dive Wetsuits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Dive Wetsuits Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Dive Wetsuits Market Size Forecast by Type
11.6.1 Men
11.6.2 Women
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Dive Wetsuits Market Size Forecast by Applications
11.10.1 Recreational Diving
11.10.2 Professional Diving
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Dive Wetsuits Analysis and Forecast
12.1 Introduction
12.2 Latin America Dive Wetsuits Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Dive Wetsuits Market Size Forecast by Type
12.6.1 Men
12.6.2 Women
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Dive Wetsuits Market Size Forecast by Applications
12.10.1 Recreational Diving
12.10.2 Professional Diving
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Dive Wetsuits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Dive Wetsuits Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Dive Wetsuits Market Size Forecast by Type
13.6.1 Men
13.6.2 Women
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Dive Wetsuits Market Size Forecast by Applications
13.10.1 Recreational Diving
13.10.2 Professional Diving
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dive Wetsuits Market: Competitive Dashboard
14.2 Global Dive Wetsuits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aqualung
14.3.2 Johnson Outdoors
14.3.3 Head
14.3.4 Poseidon
14.3.5 Tusa
14.3.6 American Underwater Products
14.3.7 Saekodive
14.3.8 Cressi
14.3.9 Sherwood Scuba
14.3.10 Beuchat International
14.3.11 IST Sports
14.3.12 Seac
14.3.13 Dive Rite