Market Overview:
The global diving wet suits market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing popularity of water sports and rising demand for diving wet suits from divers and enthusiasts across the globe. In terms of type, the cold water diving wet suit segment is projected to witness higher growth as compared to other segments during the forecast period. This can be attributed to its features such as insulation and wind protection that make it ideal for use in colder climates. By application, men are expected to account for a larger share of the global diving wet suits market in 2018, owing to their greater participation in water sports activities as compared women.
Product Definition:
A wet suit is a garment, usually made of neoprene, which is worn by divers in cold water to keep them warm.
Hot Water:
Hot water is used in the manufacturing of diving wet suits. It is a mixture of steam and water at 100 degrees Celsius. The suit made using this material keeps the diver warm during cold waters or ice-cold waters temperature range for a longer time span than other materials used for making diving wet suits.
Cold Water:
The cold water is the water that is below 68 degrees Fahrenheit. The suit made of Chlorine resistant material and equipped with cooling technology will keep the diver cool while diving in extremely hot or cold waters.
The suits are made from different materials such as polyester, nylon, cotton and others which vary according to divers requirements. The divers can wear wet suits for recreational diving or professional diving purposes.
Application Insights:
Men¢â‚¬â„¢s application segment led the global diving wet suits market in 2017. The rising number of male divers in developed countries including the U.S., Canada, and France is expected to be a major factor for this growth during the forecast period. In addition, increasing spending on leisure activities by middle-aged working class males in emerging economies including China and India is projected to boost product demand from 2018 to 2030.
The women¢â‚¬â„¢s application segment was valued over USD 1 billion in 2017 owing to increased participation rates of female athletes.
Regional Analysis:
North America dominated the global market in 2017. The regional market is expected to grow at a significant rate over the forecast period owing to increasing demand for recreational diving activities and growing marine tourism industry. In addition, stringent regulations by various regulatory bodies such as U.S.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to increasing number of water sports events coupled with rising popularity of underwater photography in countries such as China and India.
Europe has been witnessing an increase in spending on recreational activities such as fishing & boating.
Growth Factors:
- Increasing popularity of diving as a recreational activity
- Growing demand from the commercial sector for diving wet suits
- Proliferation of online retail platforms that offer diversified product choices at competitive prices
- Rising awareness about the health benefits of diving among fitness enthusiasts
- Technological advancements in wet suit design and construction that improve performance and durability
Scope Of The Report
Report Attributes
Report Details
Report Title
Diving Wet Suits Market Research Report
By Type
Hot Water, Cold Water
By Application
Men, Women
By Companies
Bare Sports, Aqua Lung (Apeks Diving), Santi Diving, NeoSport, Spyder, Scubapro, Cressi, Survitec Group, Tilos, Ocean Rodeo, Bare Sports, Diving Unlimited International, Hollis
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Diving Wet Suits Market Report Segments:
The global Diving Wet Suits market is segmented on the basis of:
Types
Hot Water, Cold Water
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
Men, Women
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:
- Bare Sports
- Aqua Lung (Apeks Diving)
- Santi Diving
- NeoSport
- Spyder
- Scubapro
- Cressi
- Survitec Group
- Tilos
- Ocean Rodeo
- Bare Sports
- Diving Unlimited International
- Hollis
Highlights of The Diving Wet Suits 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:
- Hot Water
- Cold Water
- By Application:
- Men
- Women
- 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 Diving Wet Suits 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Diving wet suits are a type of protective clothing worn by divers to keep them warm and dry while they are underwater. They consist of a suit made from neoprene or rubber, which is filled with air and sealed at the neck, wrists, and ankles. When the diver needs to come up for air, he or she inflates the suit using an inflation device.
Some of the key players operating in the diving wet suits market are Bare Sports, Aqua Lung (Apeks Diving), Santi Diving, NeoSport, Spyder, Scubapro, Cressi, Survitec Group, Tilos, Ocean Rodeo, Bare Sports, Diving Unlimited International, Hollis.
The diving wet suits 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 Diving Wet Suits 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 Diving Wet Suits Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Diving Wet Suits 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 Diving Wet Suits 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 Diving Wet Suits Market Size & Forecast, 2018-2028 4.5.1 Diving Wet Suits Market Size and Y-o-Y Growth 4.5.2 Diving Wet Suits Market Absolute $ Opportunity
Chapter 5 Global Diving Wet Suits 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 Diving Wet Suits Market Size Forecast by Type
5.2.1 Hot Water
5.2.2 Cold Water
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Diving Wet Suits 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 Diving Wet Suits Market Size Forecast by Applications
6.2.1 Men
6.2.2 Women
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diving Wet Suits 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 Diving Wet Suits 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 Diving Wet Suits Analysis and Forecast
9.1 Introduction
9.2 North America Diving Wet Suits 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 Diving Wet Suits Market Size Forecast by Type
9.6.1 Hot Water
9.6.2 Cold Water
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 Diving Wet Suits Market Size Forecast by Applications
9.10.1 Men
9.10.2 Women
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 Diving Wet Suits Analysis and Forecast
10.1 Introduction
10.2 Europe Diving Wet Suits 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 Diving Wet Suits Market Size Forecast by Type
10.6.1 Hot Water
10.6.2 Cold Water
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 Diving Wet Suits Market Size Forecast by Applications
10.10.1 Men
10.10.2 Women
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 Diving Wet Suits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Diving Wet Suits 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 Diving Wet Suits Market Size Forecast by Type
11.6.1 Hot Water
11.6.2 Cold Water
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 Diving Wet Suits Market Size Forecast by Applications
11.10.1 Men
11.10.2 Women
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 Diving Wet Suits Analysis and Forecast
12.1 Introduction
12.2 Latin America Diving Wet Suits 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 Diving Wet Suits Market Size Forecast by Type
12.6.1 Hot Water
12.6.2 Cold Water
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 Diving Wet Suits Market Size Forecast by Applications
12.10.1 Men
12.10.2 Women
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) Diving Wet Suits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Diving Wet Suits 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) Diving Wet Suits Market Size Forecast by Type
13.6.1 Hot Water
13.6.2 Cold Water
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) Diving Wet Suits Market Size Forecast by Applications
13.10.1 Men
13.10.2 Women
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 Diving Wet Suits Market: Competitive Dashboard
14.2 Global Diving Wet Suits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bare Sports
14.3.2 Aqua Lung (Apeks Diving)
14.3.3 Santi Diving
14.3.4 NeoSport
14.3.5 Spyder
14.3.6 Scubapro
14.3.7 Cressi
14.3.8 Survitec Group
14.3.9 Tilos
14.3.10 Ocean Rodeo
14.3.11 Bare Sports
14.3.12 Diving Unlimited International
14.3.13 Hollis