The US diving suits market is estimated to exhibit a rapid CAGR of 5.2% during the forecast period (2021-2027). The US has developed a national strategy for ocean exploration, which leads to discoveries and by exploring, it identified that around one-third of gas and one quarter of oil supply in the US come from ocean and continental shelf, which increases the number of divers in the US and increases the potential for diving suits in the market.
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Pearl shell diving takes place in Tennessee in the US from where 80% of mussel shells are exported as there is one place in the US where pearl shell diving takes place. This, in turn, boosts the demand for diving suits as diving increases. Also, there are five common places for commercial diving in the US, which includes Gulf of Mexico where the demand for commercial divers is very high as it is a place from where a large amount of gas and oil comes from and most of the work in this place is offshore diving. California is the energy renewal sector where a greater number of divers are engaged in managing offshore wind farms. Washington State is a place where top diving schools exist, and it employs number of commercial divers for training. Great Lakes are a most popular diving spot in the US as it holds a large number of shipwrecks and animals. Alaska holds huge amount of gas and oil reserves in the US, which will increase the need for commercial divers in the coming years, thereby creating opportunities for the diving suits market.
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Market Coverage
- Market number available for – 2020-2021
- Base year- 2020
- Forecast period- 2021-2027
- Segments Covered- by Product, Price Range, and Sales Channel
- Country Covered- US
- Competitive Landscape- Aqua Lung International; Beuchat; Huish Outdoors, LLC.; Johnson Outdoors Inc.; and MARES
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in base year?
- Which segment will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Diving Suits Market Report Segment
By Product
- Dry Suits
- Semi-Dry Suits
- Wet Suits
By Price Range
- Low-Priced
- Moderately Priced
- High-Priced
By Sales Channel
- Online
- Offline
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