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Scuba Diving Equipment Market in South Korea 2016-2020

Scuba Diving Equipment Market in South Korea 2016-2020

About the Scuba Diving Equipment Market in South Korea

Underwater diving using a self-contained underwater breathing apparatus is known as scuba diving. In scuba diving, divers carry their own supply of air for breathing and other necessary equipment. The scuba diving equipment market in South Korea is highly competitive with several vendors supplying specialized diving gear with innovative features.

Technavio’s analysts forecast the scuba diving equipment market in South Korea to grow at a CAGR of 5.97% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the scuba diving equipment market in South Korea for 2016-2020. To calculate the market size, the report has taken into consideration the revenue generated from the retail sales of scuba diving equipment to individual consumers, as well as rental and sports clubs in South Korea. However, the break-up of these end-users has not been provided in the report.The market is divided into the following segments based on product type:

  • Rebreathers
  • Apparel
  • Diving computers and gauges
  • Others
Technavio's report, Scuba Diving Equipment Market in South Korea 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Aqua Lung International
  • Beuchat International
  • Johnson Outdoors
  • Mares
  • Nippon Sensuiki
Other prominent vendors
  • American Underwater Products
  • Aquatec-Duton Industry
  • BAUER COMPRESSORS
  • Body Glove International
  • Cressi Sub
  • Dive Rite
  • Diving Unlimited International
  • H2Odyssey
  • Henderson Aquatics
  • Huish Outdoors
  • Sherwood Scuba
Market driver
  • Increasing interest in shark diving
  • For a full, detailed list, view our report
Market challenge
  • High costs of scuba diving equipment
  • For a full, detailed list, view our report
Market trend
  • Product improvements in diving equipment and apparel
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Scuba Diving Equipment Market in South Korea 2016-2020

Technavio recognizes the following companies as the key players in the scuba diving equipment market in South Korea: Aqua Lung International, Beuchat International, Johnson Outdoors, Mares, and Nippon Sensuiki.

Other Prominent Vendors in the market are: American Underwater Products, Aquatec-Duton Industry, BAUER COMPRESSORS, Body Glove International, Cressi Sub, Dive Rite, Diving Unlimited International, H2Odyssey, Henderson Aquatics, Huish Outdoors, Sherwood Scuba.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is helping to boost market growth is product improvements in diving equipment and apparel. The growing number of value-added and innovative scuba diving equipment launches is an important trend, which is expected to have a positive impact on the market's growth during the forecast period. Vendors are focusing on the introduction of innovative product offerings in terms of design, color, shape, and weight, to cater to the varying needs of consumers. The transition from beginners to seasoned recreational divers necessitates the use of diving equipment that are required for diving deeper, staying underwater for longer durations, and also requires carrying more equipment.”

According to the report, a key growth driver is the rising interest in shark diving. Shark diving is garnering huge popularity among both local divers as well as tourists in South Korea in recent times, which is one of the major factors driving the growth of the scuba diving equipment market in the country. Shark diving in South Korea is now being promoted as an eco-tourism initiative by the government, and is expected to increase the interest for scuba diving among diving enthusiasts, particularly among tourists.

Further, the report states that one challenge that could hamper market growth is the high cost of scuba diving equipment.

Companies Mentioned

Aqua Lung International, Beuchat International, Johnson Outdoors, Mares, Nippon Sensuiki, American Underwater Products, Aquatec-Duton Industry, BAUER COMPRESSORS, Body Glove International, Cressi Sub, Dive Rite, Diving Unlimited International, H2Odyssey, Henderson Aquatics, Huish Outdoors, Sherwood Scuba.

  • Executive summary
    • Highlights
  • Scope of the report
    • Table Product segments in scuba diving equipment market in South Korea
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Global scuba diving equipment market: Ecosystem
      • Table Global scuba diving equipment market ecosystem
  • Market landscape
    • Global scuba diving equipment market
      • Table Global scuba diving equipment market compared to scuba diving equipment market in South Korea
    • Market overview in APAC
      • Table Scuba diving equipment market in APAC 2015-2020 ($ millions)
    • Market size and forecast in South Korea
      • Table Scuba diving equipment market in South Korea 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Scuba diving equipment market in South Korea by product
    • Table Scuba diving equipment market in South Korea by product 2015-2020 (% share)
    • Scuba diving apparel market in South Korea
      • Table Scuba diving apparel market in South Korea 2015-2020 ($ millions)
    • Scuba diving rebreathers market in South Korea
      • Table Scuba diving rebreathers market in South Korea 2015-2020 ($ millions)
    • Scuba diving computers and gauges market in South Korea
      • Table Scuba diving computers and gauges market in South Korea 2015-2020 ($ thousands)
    • Other scuba diving equipment market in South Korea
      • Table Other scuba diving equipment market in South Korea 2015-2020 ($ millions)
    • CAGR comparison among key product segments
      • Table Comparison of CAGRs among key product segments 2015-2020 (%)
  • Market segmentation by retail formats
    • Table Scuba diving equipment market in South Korea by retail formats
    • Table Scuba diving equipment market in South Korea by retail formats 2015
    • Table Analysis of different retail formats based on key parameters
  • Key leading destinations
    • Jeju Island
    • Uljin
    • Dong Hae & Gangneung
    • Nam Hae
  • Market drivers
    • Increasing interest in shark diving
    • Demand for advanced scuba diving equipment
    • Growing number of inbound tourists
      • Table South Korea: International tourism, number of arrivals 2010-2014 (millions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High costs of scuba diving equipment
    • Need for certification
      • Table Stages of scuba diving certifications
      • Table Diving certification organizations
      • Table PADI diving certification trends by gender 2010-2015 (% share)
      • Table PADI diving certification trends by average age 2010-2014
    • Unfavorable weather conditions
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Product improvements in diving equipment and apparel
    • Demand for eco-friendly scuba diving equipment
    • Growth of online retail
  • Vendor landscape
    • Competitive scenario
    • Major vendors 2015
      • Table Major vendors 2015
      • Table Product offerings comparison for key market competitors
      • Table Key competitors: Benchmarking
    • Competition assessment
      • Table Competition assessment
    • Aqua Lung International
      • Table Aqua Lung International: Product segmentation
    • Beuchat International
    • Johnson Outdoors
      • Table Johnson Outdoors: Business segmentation by revenue 2015
      • Table Johnson Outdoors: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Johnson Outdoors: Geographical segmentation by revenue 2015
    • Mares
      • Table Mares: Product segmentation
    • Nippon Sensuiki
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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