Scuba Diving Equipment Market Insights Video

According to Cognitive Market Research, the global scuba diving equipment market size was USD 2254.5 million in 2024. It will progress at a compound annual growth rate (CAGR) of 4% between 2024 and 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 901.8 million in 2024 and will diversify at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 676.4 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 518.5 million in 2024 and will evolve at a compound annual growth rate (CAGR) of 6% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 112.7 million in 2024 and will scale at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
• Middle East & Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 45.1 million in 2024 and will proceed at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
• The online segment is the fastest-growing distribution channel category of the scuba diving equipment industry.