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Diving Suits Market by Type, Price Range, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026

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    Report

  • 225 Pages
  • January 2020
  • Region: Global
  • Allied Market Research
  • ID: 5021777

A diving suit is a device or garment that is designed 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 to name a few.

The key factors that drive the growth of the diving suits market include an increase in deep-sea exploration activities, the surge in coastal tourism and recreation activities, and the expansion of the deep sea diving industry. However, factors such as a rise in water pollution and overfishing have resulted in the depletion of aquatic life. Extreme depletion of aquatic animals is anticipated to disrupt the aquatic food chain, and lead to marine flora & fauna wipe out. Extinction of coral flora and fauna along with increasing deep sea diving fatalities are expected to challenge the market growth. Furthermore, novel innovations in material have gained huge traction in recent years. In addition, the introduction of eco-friendly diving suit materials is anticipated to create lucrative opportunities for market expansion in the upcoming future.

The global diving suits market is segmented into type, price range, sales channel, and region. Depending on the type, the diving suits market is bifurcated into drysuit and wetsuit. The market also segments the global diving suits market by price range into the economy, luxury, and premium. Based on sales channels the global market is studied across offline channels and online channels. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA

The diving suits market is witnessing a surge in popularity around the world owing to the expansion of coastal tourism. The coastal regions with rich coral reefs are anticipated to witness an increase in diving activities. U.S. dominated the global market with the presence of more than 2,500 diving sites across the nation.

Some of the key players in the diving suits market analysis 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, and Diving Unlimited International (DUI)

Diving Suits Market Segments

By Type


  • Drysuit
  • Wetsuit

By Price Range


  • Economy
  • Mid-Range
  • Luxury

By Sales Channel


  • Offline Channels
  • Online Channels

By Region


  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia and New Zealand
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players


  • 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
  • Diving Unlimited International (DUI)

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.1.1. Top Impacting Factors
3.1.2. Top Investment Pockets
3.2. Porter's Five Forces Analysis
3.2.1. Bargaining Power of Suppliers
3.2.2. Bargaining Power of Buyers
3.2.3. Threat of Substitution
3.2.4. Threat of New Entrants
3.2.5. Intensity of Competitive Rivalry
3.3. Supply Chain Analysis
3.4. Parent Market Overview
3.5. Diving Suits Pricing Analysis
3.6. Market Dynamics
3.6.1. Drivers
3.6.1.1. Expansion of Construction And Maintenance Industry To Augment Market Growth
3.6.1.2. Recreational Sports To Create Demand For Diving Suits
3.6.2. Restraints
3.6.2.1. Increasing Deep Sea Diving Accidents To Dissuade Market Growth
3.6.2.2. High Cost of Designing
3.6.3. Opportunities
3.6.6.1. Technological Innovation
3.6.6.2. Expanding Coastal Tourism To Provide Remunerative Opportunities For Diving Suits Manufacturers
Chapter 4: Global Diving Suits Market, By Type
4.1. Overview
4.1.1. Market Size And Forecast, By Type
4.2. Drysuit
4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis, By Country
4.3. Wetsuit
4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis, By Country
Chapter 5: Global Diving Suits Market, By Price Range
5.1. Overview
5.1.1. Market Size And Forecast, By Price Range
5.2. Economy
5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis, By Country
5.3. Mid-Range
5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis, By Country
5.4. Luxury
5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis, By Country
Chapter 6: Global Diving Suits Market, By Sales Channel
6.1. Overview
6.1.1. Market Size And Forecast, By Sales Channel
6.2. offline Channels
6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis, By Country
6.3. Online Channels
6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis, By Country
Chapter 7: Diving Suits Market, By Region
7.1. Overview
7.1.1. Market Size And Forecast, By Region
7.2. North America
7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Type
7.2.3. Market Size And Forecast, By Price Range
7.2.4. Market Size And Forecast, By Sales Channel
7.2.5. Market Analysis, By Country
7.2.5.1. U.S.
7.2.5.1.1. Market Size And Forecast, By Type
7.2.5.1.2. Market Size And Forecast, By Price Range
7.2.5.1.3. Market Size And Forecast, By Sales Channel
7.2.5.2. Canada
7.2.5.2.1. Market Size And Forecast, By Type
7.2.5.2.2. Market Size And Forecast, By Price Range
7.2.5.2.3. Market Size And Forecast, By Sales Channel
7.2.5.3. Mexico
7.2.5.3.1. Market Size And Forecast, By Type
7.2.5.3.2. Market Size And Forecast, By Price Range
7.2.5.3.3. Market Size And Forecast, By Sales Channel
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Type
7.3.3. Market Size And Forecast, By Price Range
7.3.4. Market Size And Forecast, By Sales Channel
7.3.5. Market Analysis, By Country
7.3.5.1. UK
7.3.5.1.1. Market Size And Forecast, By Type
7.3.5.1.2. Market Size And Forecast, By Price Range
7.3.5.1.3. Market Size And Forecast, By Sales Channel
7.3.5.2. Germany
7.3.5.2.1. Market Size And Forecast, By Type
7.3.5.2.2. Market Size And Forecast, By Price Range
7.3.5.2.3. Market Size And Forecast, By Sales Channel
7.3.5.3. France
7.3.5.3.1. Market Size And Forecast, By Type
7.3.5.3.2. Market Size And Forecast, By Type
7.3.5.3.3. Market Size And Forecast, By Sales Channel
7.3.5.4. Italy
7.3.5.4.1. Market Size And Forecast, By Type
7.3.5.4.2. Market Size And Forecast, By Price Range
7.3.5.4.3. Market Size And Forecast, By Sales Channel
7.3.5.5. Spain
7.3.5.5.1. Market Size And Forecast, By Type
7.3.5.5.2. Market Size And Forecast, By Price Range
7.3.5.5.3. Market Size And Forecast, By Sales Channel
7.3.5.6. Rest of Europe
7.3.5.6.1. Market Size And Forecast, By Type
7.3.5.6.2. Market Size And Forecast, By Price Range
7.3.5.6.3. Market Size And Forecast, By Sales Channel
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, And Opportunities
7.4.2. Market Size And Forecast, By Type
7.4.3. Market Size And Forecast, By Price Range
7.4.4. Market Size And Forecast, By Sales Channel
7.4.5. Market Analysis, By Country
7.4.5.1. China
7.4.5.1.1. Market Size And Forecast, By Type
7.4.5.1.2. Market Size And Forecast, By Price Range
7.4.5.1.3. Market Size And Forecast, By Sales Channel
7.4.5.2. India
7.4.5.2.1. Market Size And Forecast, By Type
7.4.5.2.2. Market Size And Forecast, By Price Range
7.4.5.2.3. Market Size And Forecast, By Sales Channel
7.4.5.3. Japan
7.4.5.3.1. Market Size And Forecast, By Type
7.4.5.3.2. Market Size And Forecast, By Price Range
7.4.5.3.3. Market Size And Forecast, By Sales Channel
7.4.5.4. South Korea
7.4.5.4.1. Market Size And Forecast, By Type
7.4.5.4.2. Market Size And Forecast, By Price Range
7.4.5.4.3. Market Size And Forecast, By Sales Channel
7.4.5.5. Australia And New Zealand
7.4.5.5.1. Market Size And Forecast, By Type
7.4.5.5.2. Market Size And Forecast, By Price Range
7.4.5.5.3. Market Size And Forecast, By Sales Channel
7.4.5.6. Rest of Asia-Pacific
7.4.5.6.1. Market Size And Forecast, By Type
7.4.5.6.2. Market Size And Forecast, By Price Range
7.4.5.6.3. Market Size And Forecast, By Sales Channel
7.5. LAMEA
7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast, By Type
7.5.3. Market Size And Forecast, By Type
7.5.4. Market Size And Forecast, By Sales Channel
7.5.5. Market Analysis, By Country
7.5.5.1. Latin America
7.5.5.1.1. Market Size And Forecast, By Type
7.5.5.1.2. Market Size And Forecast, By Price Range
7.5.5.1.3. Market Size And Forecast, By Sales Channel
7.5.5.2. Middle East
7.5.5.2.1. Market Size And Forecast, By Type
7.5.5.2.2. Market Size And Forecast, By Price Range
7.5.5.2.3. Market Size And Forecast, By Sales Channel
7.5.5.3. Africa
7.5.5.3.1. Market Size And Forecast, By Type
7.5.5.3.2. Market Size And Forecast, By Price Range
7.5.5.3.3. Market Size And Forecast, By Sales Channel
Chapter 8: Competition Landscape
8.1. Leading Market Player Competition Landscape
8.2. Heatmap Analysis of Leading Players
8.3. Top Player Positioning
8.4. Key Developments
8.4.1. Product Launch
8.4.2. Acquisition
Chapter 9: Company Profiles
9.1. Aqua Lung International
9.1.1. Company Overview
9.1.2. Company Snapshot
9.1.3. Operating Business Segments
9.1.4. Product Portfolio
9.1.5. Key Strategic Moves And Developments
9.2. Johnson Outdoors Inc.
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.2.6. Business Performance
9.2.7. Key Strategic Moves And Developments
9.3. Mares S.P.A
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.4. Beuchat
9.4.1. Company Overview
9.4.2. Company Snapshot
9.4.3. Operating Business Segments
9.4.4. Product Portfolio
9.4.5. Key Strategic Moves And Developments
9.5. Dive Rite
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.6. Cressi Sub S.P.A
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.7. H2Odyssey
9.7.1. Company Overview
9.7.2. Company Snapshot
9.7.3. Operating Business Segments
9.7.4. Product Portfolio
9.8. Aquatec - Duton Industry Co., Ltd.
9.8.1. Company Overview
9.8.2. Company Snapshot
9.8.3. Operating Business Segments
9.8.4. Product Portfolio
9.8.5. Key Strategic Moves And Developments
9.9. Sheico Group
9.9.1. Company Overview
9.9.2. Key Executive
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. Key Strategic Moves And Developments
9.10. Diving Unlimited International (Dui)
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Product Portfolio
9.10.5. Key Strategic Moves And Developments

Executive Summary

According to the report, titled, 'Diving Suits Market by Type, Price Range, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global diving suits market size was $419.2 million in 2018, and is projected to reach $623.7 million by 2026, registering a CAGR of 5.2% from 2019 to 2026.

The global travel and tourism industry have witnessed rapid surge in coastal tourism. Coastal tourism depends on a diverse resource mix at the fringe of land and ocean conditions—sun, water, shorelines, and others. Global surge in coastal tourism is attributed to changes in lifestyle, increase in coastal tourism promotion, and an increase in accessibility of transport facilities. Continuous development in the coastal travel & tourism industry and integration of various segments such as hospitality & infrastructure with government initiatives accelerate the growth of the global coastal travel & tourism industry. Diving is one of the most preferred activity performed by coastal tourists. Surge in coastal tourism to create remunerative opportunities for the diving suits manufacturers in the estimated forecast

The diving suits industry have seen upswing in innovations in the last few years. Novel materials have been introduced to make suits much lighter and durable. In addition, new diving suit material helps in reduction of blood loss in case of shark bites. Shark bite resistant suit have been developed to reduce injuries and preventing death from shark bites. Moreover, surge in the number of shark bites along with increasing shark-human interactions have resulted in greater strides from engaged stakeholders to prevent injuries from shark bites. Nevertheless, owing to technological advancement in fabrics has allowed the development of lightweight alternatives which are incorporated in diving suit providing grater mobility, better thermal insulations and protection from shark bites. Such innovations will continue to provide seamless consumer experience and will further augment diving suits market growth in the upcoming years.

The global diving suits market is segmented into type, price range, sales channel and region. Depending on type, the market is bifurcated into drysuit and wetsuit. The global diving suits market segment price range into economy, luxury and premium. Based on sales channel the global market is studied across offline channels and online channels. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA

Key Findings of the Study
North America leads in terms of diving suits market share and is expected to retain its dominance during the forecast period.
U.S. was the highest contributor to the North America diving suits market, with $115.1 million in 2018. The country is expected to generate revenue of $151.7 million towards the end of forecast period
Based on type, the wetsuit segment dominated in terms of market share in 2018, however, the drysuit segment is expected to gain high market share in the upcoming years.
Based on the price range, the luxury segment accounted for about one-third share of the diving suits market in 2018, and is poised to grow at the highest CAGR during the forecast period.
The online sales channel segment is anticipated to gain high market share in the upcoming years and is estimated to grow at a CAGR of 7.1% during the forecast period.
Based on region, Asia-Pacific is anticipated to grow with robust CAGR of 6.2% during the forecast period.

Some of the key players in the diving suits market analysis include 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, Diving Unlimited International (DUI).

Companies Mentioned

  • 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
  • Diving Unlimited International (DUI)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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