Diving Suit Market Overview

Global Diving Suit market was valued at USD 687.21 million in 2021 and is expected to reach USD 966.97 million by the year 2028, at a CAGR of 5%.

A diving suit is a device or piece of garment which is developed to safeguard a diver from the extreme cold temperature under the sea. Diving suit finds its application for underwater work such as civil engineering, marine salvage, pearl shell diving, commercial diving work, naval diving applications among many others.

According to the analyst, the major driving factors for the Diving Suit market size 2020 is expected to be USD 653.27 million due to diving suit market has been witnessing continuous product developments and innovations in material technology over the last few years. Manufacturers are investing in research and development in order to improve the overall customer experience. Increasing adoption of modern technologies, including polythermal tri-laminate material and no-stitch technology, is expected to propel market growth. The social media influence of modern world for scuba diving and water sports diving suits is driving demand among customers.    

By the end of 2027, the Diving Suit market size is estimated to be at USD 919.28 million owing to the increasing interest in watersports is one of the significant factors that is enhancing diving suit market. Snorkeling and scuba diving have become a major attraction for the people and recreational outdoor activity, especially among adventure and sports enthusiasts. Many government bodies worldwide are supporting and endorsing watersports in their regions to increase revenue for tourism. Such campaigns run by various promotional activities and tour operators and governments are expected to increase diving suit market growth.

The demand for women’s diving suits segment is expected to have an escalated growth in the forecast period. Rising number of women actively participating in watersports in developing countries like India, China, Malaysia of Asia Pacific has improved the product sales. Modern diving equipment have an advantage of being light-weight and user-friendly, hence gaining leveraging women towards the activities. This is the major factor for driving the diving suit market in the forecast period.

The Diving Suit market is segmented by Type (Dry Suit and Wet Suit), by Price Range (Economy, Mid-Range and Luxury), by Sales-Channel (Offline Channels and Online Channels). Diving Suit market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.

Impact of COVID-19 on Diving Suit Market

Since the lockdown, there is a major decrease in the Diving Suit market as the people are avoiding going out in the lockdown due to the corona virus. Government has restricted the people from going to the public places like any outdoor sports activity, entertainment houses among many others. Diving Suit market for dicing suits is expected to increase in the forecast period due to the hyped intertest of people in the soft sport activities and the influence of social media. The relaxation in the lockdown have enabled the tourism companies to endorse some attractive offers to increase the revenue of the market.

Market Segmentation

Diving Suit Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End user/application segment analysis and Major key players analysis mentioned as below;

Type Insights:

By Type, Diving Suit market is segmented into Dry Suit and Wet Suit. In this segment, Dry Suit segment is accounted for the largest segment with the market share of 57.85% and estimated to have a market size of USD 508.95 million in the year 2026 with the CAGR of 5.08%. Due to the high stretch ability and the ability to provide heat in the cold water and very low temperature, dry suits are extremely in demand from the consumers.

Players Covered in Diving Suit Market are:

• Diving Unlimited International
• Huish Outdoors
• La Jolla Group
• Patagonia
• Quiksilver
• Aqua Lung International
• Johnson Outdoors Inc.
• Mares S.p.A
• Beuchat
• Dive Rite
• Cressi Sub s.p.a
• H2Odyssey
• Aquatec
• Duton Industry Co., Ltd
• SHEICO Group

Among other players domestic and global, Diving Suit market share data is available for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. Our analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Salient Features of the Diving Suit Market

The approximate expected value for the Diving Suit was USD 623.32 million in 2019, and it is expected to reach USD 874.24 million by 2026.

• North America holds the largest market share and is dominating the market with the highest CAGR value of 5%.
• The Diving Suit recorded a decrease of 6% in the market share during the year 2019-2020 because of the countries witnessing quarantine.
• Increasing penetration of social media and internet is leveraging the people towards the soft sports, especially the water sports which is expected to fuel the growth of the global Diving Suit market.
• Europe is expected to register a high growth in the forecast period followed by North America and Asia-Pacific.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Diving Suit Market by Type
 4.1 Diving Suit Market Overview Snapshot and Growth Engine
 4.2 Diving Suit Market Overview
 4.3 Wet suit
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2016-2028F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Wet suit: Grographic Segmentation
 4.4 Dry suit
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2016-2028F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Dry suit: Grographic Segmentation

Chapter 5: Diving Suit Market by Application
 5.1 Diving Suit Market Overview Snapshot and Growth Engine
 5.2 Diving Suit Market Overview
 5.3 Traveling and sightseeing
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Traveling and sightseeing: Grographic Segmentation
 5.4 Rescue operations
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Rescue operations: Grographic Segmentation
 5.5 Military operations
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Military operations: Grographic Segmentation
 5.6 Deep-sea diving
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Deep-sea diving: Grographic Segmentation

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Positioning
  6.1.2 Diving Suit Sales and Market Share By Players
  6.1.3 Industry BCG Matrix
  6.1.4 Ansoff Matrix
  6.1.5 Diving Suit Industry Concentration Ratio (CR5 and HHI)
  6.1.6 Top 5 Diving Suit Players Market Share
  6.1.7 Mergers and Acquisitions
  6.1.8 Business Strategies By Top Players
 6.2 DIVING UNLIMITED INTERNATIONAL
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Operating Business Segments
  6.2.5 Product Portfolio
  6.2.6 Business Performance
  6.2.7 Key Strategic Moves and Recent Developments
  6.2.8 SWOT Analysis
 6.3 HUISH OUTDOORS
 6.4 LA JOLLA GROUP
 6.5 PATAGONIA
 6.6 QUIKSILVER
 6.7 AQUA LUNG INTERNATIONAL
 6.8 JOHNSON OUTDOORS INC.
 6.9 MARES S.P.A
 6.10 BEUCHAT
 6.11 DIVE RITE
 6.12 CRESSI SUB S.P.A
 6.13 H2ODYSSEY
 6.14 AQUATEC
 6.15 DUTON INDUSTRY CO.
 6.16 LTD
 6.17 SHEICO GROUP

Chapter 7: Global Diving Suit Market Analysis, Insights and Forecast, 2016-2028
 7.1 Market Overview
 7.2 Historic and Forecasted Market Size By Type
  7.2.1 Wet suit
  7.2.2 Dry suit
 7.3 Historic and Forecasted Market Size By Application
  7.3.1 Traveling and sightseeing
  7.3.2 Rescue operations
  7.3.3 Military operations
  7.3.4 Deep-sea diving

Chapter 8: North America Diving Suit Market Analysis, Insights and Forecast, 2016-2028
 8.1 Key Market Trends, Growth Factors and Opportunities
 8.2 Impact of Covid-19
 8.3 Key Players
 8.4 Key Market Trends, Growth Factors and Opportunities
 8.4 Historic and Forecasted Market Size By Type
  8.4.1 Wet suit
  8.4.2 Dry suit
 8.5 Historic and Forecasted Market Size By Application
  8.5.1 Traveling and sightseeing
  8.5.2 Rescue operations
  8.5.3 Military operations
  8.5.4 Deep-sea diving
 8.6 Historic and Forecast Market Size by Country
  8.6.1 U.S.
  8.6.2 Canada
  8.6.3 Mexico

Chapter 9: Europe Diving Suit Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Wet suit
  9.4.2 Dry suit
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Traveling and sightseeing
  9.5.2 Rescue operations
  9.5.3 Military operations
  9.5.4 Deep-sea diving
 9.6 Historic and Forecast Market Size by Country
  9.6.1 Germany
  9.6.2 U.K.
  9.6.3 France
  9.6.4 Italy
  9.6.5 Russia
  9.6.6 Spain

Chapter 10: Asia-Pacific Diving Suit Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Wet suit
  10.4.2 Dry suit
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Traveling and sightseeing
  10.5.2 Rescue operations
  10.5.3 Military operations
  10.5.4 Deep-sea diving
 10.6 Historic and Forecast Market Size by Country
  10.6.1 China
  10.6.2 India
  10.6.3 Japan
  10.6.4 Southeast Asia

Chapter 11: South America Diving Suit Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Wet suit
  11.4.2 Dry suit
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Traveling and sightseeing
  11.5.2 Rescue operations
  11.5.3 Military operations
  11.5.4 Deep-sea diving
 11.6 Historic and Forecast Market Size by Country
  11.6.1 Brazil
  11.6.2 Argentina

Chapter 12: Middle East & Africa Diving Suit Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Wet suit
  12.4.2 Dry suit
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Traveling and sightseeing
  12.5.2 Rescue operations
  12.5.3 Military operations
  12.5.4 Deep-sea diving
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Saudi Arabia
  12.6.2 South Africa

Chapter 13 Investment Analysis

Chapter 14 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DIVING SUIT MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DIVING SUIT MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DIVING SUIT MARKET COMPETITIVE RIVALRY
TABLE 005. DIVING SUIT MARKET THREAT OF NEW ENTRANTS
TABLE 006. DIVING SUIT MARKET THREAT OF SUBSTITUTES
TABLE 007. DIVING SUIT MARKET BY TYPE
TABLE 008. WET SUIT MARKET OVERVIEW (2016-2028)
TABLE 009. DRY SUIT MARKET OVERVIEW (2016-2028)
TABLE 010. DIVING SUIT MARKET BY APPLICATION
TABLE 011. TRAVELING AND SIGHTSEEING MARKET OVERVIEW (2016-2028)
TABLE 012. RESCUE OPERATIONS MARKET OVERVIEW (2016-2028)
TABLE 013. MILITARY OPERATIONS MARKET OVERVIEW (2016-2028)
TABLE 014. DEEP-SEA DIVING MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA DIVING SUIT MARKET, BY TYPE (2016-2028)
TABLE 016. NORTH AMERICA DIVING SUIT MARKET, BY APPLICATION (2016-2028)
TABLE 017. N DIVING SUIT MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE DIVING SUIT MARKET, BY TYPE (2016-2028)
TABLE 019. EUROPE DIVING SUIT MARKET, BY APPLICATION (2016-2028)
TABLE 020. DIVING SUIT MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC DIVING SUIT MARKET, BY TYPE (2016-2028)
TABLE 022. ASIA PACIFIC DIVING SUIT MARKET, BY APPLICATION (2016-2028)
TABLE 023. DIVING SUIT MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA DIVING SUIT MARKET, BY TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA DIVING SUIT MARKET, BY APPLICATION (2016-2028)
TABLE 026. DIVING SUIT MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA DIVING SUIT MARKET, BY TYPE (2016-2028)
TABLE 028. SOUTH AMERICA DIVING SUIT MARKET, BY APPLICATION (2016-2028)
TABLE 029. DIVING SUIT MARKET, BY COUNTRY (2016-2028)
TABLE 030. DIVING UNLIMITED INTERNATIONAL: SNAPSHOT
TABLE 031. DIVING UNLIMITED INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 032. DIVING UNLIMITED INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 033. DIVING UNLIMITED INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. HUISH OUTDOORS: SNAPSHOT
TABLE 034. HUISH OUTDOORS: BUSINESS PERFORMANCE
TABLE 035. HUISH OUTDOORS: PRODUCT PORTFOLIO
TABLE 036. HUISH OUTDOORS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. LA JOLLA GROUP: SNAPSHOT
TABLE 037. LA JOLLA GROUP: BUSINESS PERFORMANCE
TABLE 038. LA JOLLA GROUP: PRODUCT PORTFOLIO
TABLE 039. LA JOLLA GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. PATAGONIA: SNAPSHOT
TABLE 040. PATAGONIA: BUSINESS PERFORMANCE
TABLE 041. PATAGONIA: PRODUCT PORTFOLIO
TABLE 042. PATAGONIA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. QUIKSILVER: SNAPSHOT
TABLE 043. QUIKSILVER: BUSINESS PERFORMANCE
TABLE 044. QUIKSILVER: PRODUCT PORTFOLIO
TABLE 045. QUIKSILVER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. AQUA LUNG INTERNATIONAL: SNAPSHOT
TABLE 046. AQUA LUNG INTERNATIONAL: BUSINESS PERFORMANCE
TABLE 047. AQUA LUNG INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 048. AQUA LUNG INTERNATIONAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. JOHNSON OUTDOORS INC.: SNAPSHOT
TABLE 049. JOHNSON OUTDOORS INC.: BUSINESS PERFORMANCE
TABLE 050. JOHNSON OUTDOORS INC.: PRODUCT PORTFOLIO
TABLE 051. JOHNSON OUTDOORS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. MARES S.P.A: SNAPSHOT
TABLE 052. MARES S.P.A: BUSINESS PERFORMANCE
TABLE 053. MARES S.P.A: PRODUCT PORTFOLIO
TABLE 054. MARES S.P.A: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. BEUCHAT: SNAPSHOT
TABLE 055. BEUCHAT: BUSINESS PERFORMANCE
TABLE 056. BEUCHAT: PRODUCT PORTFOLIO
TABLE 057. BEUCHAT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. DIVE RITE: SNAPSHOT
TABLE 058. DIVE RITE: BUSINESS PERFORMANCE
TABLE 059. DIVE RITE: PRODUCT PORTFOLIO
TABLE 060. DIVE RITE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. CRESSI SUB S.P.A: SNAPSHOT
TABLE 061. CRESSI SUB S.P.A: BUSINESS PERFORMANCE
TABLE 062. CRESSI SUB S.P.A: PRODUCT PORTFOLIO
TABLE 063. CRESSI SUB S.P.A: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. H2ODYSSEY: SNAPSHOT
TABLE 064. H2ODYSSEY: BUSINESS PERFORMANCE
TABLE 065. H2ODYSSEY: PRODUCT PORTFOLIO
TABLE 066. H2ODYSSEY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. AQUATEC: SNAPSHOT
TABLE 067. AQUATEC: BUSINESS PERFORMANCE
TABLE 068. AQUATEC: PRODUCT PORTFOLIO
TABLE 069. AQUATEC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. DUTON INDUSTRY CO.: SNAPSHOT
TABLE 070. DUTON INDUSTRY CO.: BUSINESS PERFORMANCE
TABLE 071. DUTON INDUSTRY CO.: PRODUCT PORTFOLIO
TABLE 072. DUTON INDUSTRY CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. LTD: SNAPSHOT
TABLE 073. LTD: BUSINESS PERFORMANCE
TABLE 074. LTD: PRODUCT PORTFOLIO
TABLE 075. LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. SHEICO GROUP: SNAPSHOT
TABLE 076. SHEICO GROUP: BUSINESS PERFORMANCE
TABLE 077. SHEICO GROUP: PRODUCT PORTFOLIO
TABLE 078. SHEICO GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DIVING SUIT MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DIVING SUIT MARKET OVERVIEW BY TYPE
FIGURE 012. WET SUIT MARKET OVERVIEW (2016-2028)
FIGURE 013. DRY SUIT MARKET OVERVIEW (2016-2028)
FIGURE 014. DIVING SUIT MARKET OVERVIEW BY APPLICATION
FIGURE 015. TRAVELING AND SIGHTSEEING MARKET OVERVIEW (2016-2028)
FIGURE 016. RESCUE OPERATIONS MARKET OVERVIEW (2016-2028)
FIGURE 017. MILITARY OPERATIONS MARKET OVERVIEW (2016-2028)
FIGURE 018. DEEP-SEA DIVING MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA DIVING SUIT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE DIVING SUIT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC DIVING SUIT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA DIVING SUIT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA DIVING SUIT MARKET OVERVIEW BY COUNTRY (2016-2028)