The scuba diving equipment market share is expected to increase by USD 618.6 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 3.78%.
This scuba diving equipment market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers scuba diving equipment market segmentations by distribution channel (offline and online), product (bags and apparel, rebreathers and regulators, diving computers and gauges, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The scuba diving equipment market report also offers information on several market vendors, including Apollo Sports USA Inc, Aqualung America Inc, AQUATEC DUTON INDUSTRY CO LTD, BEUCHAT INTERNATIONAL S.A.S, Cressi Sub Spa, Dive Rite, Diversco Supply, Diving Unlimited International Inc., H2Odyssey, HEAD Sport GmbH, Henderson Sport Group, Huish Outdoors, IST SPORTS CORP., Johnson Outdoors Inc., Marquee Brands, Ocean Reef Group, Poseidon Diving Systems AB, SEACSUB Spa, Shearwater Research Inc, and Tsun Kuang Hardware Mfg. Co. Ltd. among others.
What will the Scuba Diving Equipment Market Size be During the Forecast Period?
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Scuba Diving Equipment Market: Key Drivers, Trends, and Challenges
Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The health benefits is notably driving the scuba diving equipment market growth, although factors such as seasonal challenges may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the scuba diving equipment industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Scuba Diving Equipment Market Driver
The health benefits is one of the key drivers supporting the scuba diving equipment market growth. Scuba diving maximizes the diver's oxygen intake and improves the quality of breathing. Breathing while scuba diving requires a certain degree of resistance and requires a high degree of exertion as compared to free breathing. Scuba divers, thus, regulate in and out breaths through their mouths. This is considered an efficient breathing exercise. Furthermore, it increases the heart rate and strengthens the heart muscle. This, in turn, leads to reduced risks associated with coronary heart disease, heart failure, high cholesterol, and high blood pressure. Scuba diving demands holding the diver's breath for sustained periods of time. This aids in increasing the lung capacity of the diver. Such health benefits of scuba dividing will drive market growth in the coming years.
Key Scuba Diving Equipment Market Trend
The surge in innovative scuba diving equipment is one of the key scuba diving equipment market trends contributing to the market growth. The existing players are focused on improving their offerings in terms of design, color, shape, and weight to meet the needs of individual consumers. Vendors are continuously innovating and introducing advanced products that are highly efficient and user-friendly. Additionally, vendors are investing in advanced dry suits, which can withstand lacerations, abrasions, and punctures. Of late, there exists a high degree of demand for custom-made diving equipment. Such an increasing demand will propel the market growth during the forecast period.
Key Scuba Diving Equipment Market Challenge
Seasonal challenges is one of the factors hampering the scuba diving equipment market growth. Activities such as scuba diving, stand-up paddle boarding, and others are completely restricted. Fluctuations in weather patterns and factors like extreme humidity or temperature falls negatively impact favorable scuba diving conditions. Uncertain tidal conditions, too, negatively impact the visibility of the diver. For instance, the Ring of Fire in the Pacific Ocean restricts scuba diving activities in the area to a large extent. Such aspects limit the frequency of participation and lead to a shift from outdoor to indoor sports, which may restrict the market growth in the forecasted period.
This scuba diving equipment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global scuba diving equipment market as a part of the global leisure products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the scuba diving equipment market during the forecast period.
Who are the Major Scuba Diving Equipment Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Apollo Sports USA Inc
- Aqualung America Inc
- AQUATEC DUTON INDUSTRY CO LTD
- BEUCHAT INTERNATIONAL S.A.S
- Cressi Sub Spa
- Dive Rite
- Diversco Supply
- Diving Unlimited International Inc.
- H2Odyssey
- HEAD Sport GmbH
- Henderson Sport Group
- Huish Outdoors
- IST SPORTS CORP.
- Johnson Outdoors Inc.
- Marquee Brands
- Ocean Reef Group
- Poseidon Diving Systems AB
- SEACSUB Spa
- Shearwater Research Inc
- Tsun Kuang Hardware Mfg. Co. Ltd.
This statistical study of the scuba diving equipment market encompasses successful business strategies deployed by the key vendors. The scuba diving equipment market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
- Aqualung America Inc - Under the unified segment, the company offers various gears for scuba diving such as masks, snorkels, fins, apparel, and bags.
- Aqualung America Inc - The company offers scuba diving equipment such as LEG3ND ELITE, OMNI, and PLASMA.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The scuba diving equipment market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Scuba Diving Equipment Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the scuba diving equipment market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Scuba Diving Equipment Market?
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34% of the market’s growth will originate from APAC during the forecast period. Australia is the key market for scuba diving equipment market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Increased awareness of outdoor activities and increasing participation in in-the-water sports will facilitate the scuba diving equipment market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 had a negative impact on the regional market. However, the implementation of vaccination drives in H1 2021 resulted in a decline in the number of COVID-19 cases, which resulted in the opening of retail outlets and online stores. Furthermore, the growing interest in adventure sports, such as scuba diving, will drive the growth of the scuba diving equipment market in the region during the forecast period.
What are the Revenue-generating Distribution Channel Segments in the Scuba Diving Equipment Market?
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The scuba diving equipment market share growth in the offline segment will be significant during the forecast period. Scuba diving equipment is majorly sold through the retail distribution channel, which includes specialty stores, hypermarkets/supermarkets, warehouse clubs, and department stores. The sales through these retail formats help in generating most of the global market revenue. Omni-channel retailing is a growing trend among vendors operating in the global scuba diving equipment market. This, in turn, will boost the offline segment during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the scuba diving equipment market size and actionable market insights on the post-COVID-19 impact on each segment.
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South Korea (Republic of Korea) Scuba Diving Equipment market - the market size is expected to reach a value of USD 34.37 million, at a CAGR of 5.24%, during 2021-2025.
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Scuba Diving Equipment Market Scope
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Report Coverage
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Details
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Page number
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120
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Base year
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2021
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Forecast period
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2022-2026
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Growth momentum & CAGR
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Accelerate at a CAGR of 3.78%
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Market growth 2022-2026
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$ 618.6 million
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Market structure
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Fragmented
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YoY growth (%)
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2.57
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Regional analysis
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North America, Europe, APAC, South America, and Middle East and Africa
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Performing market contribution
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APAC at 34%
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Key consumer countries
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US, Australia, Germany, France, and Brazil
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Competitive landscape
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Leading companies, Competitive strategies, Consumer engagement scope
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Key companies profiled
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Apollo Sports USA Inc, Aqualung America Inc, AQUATEC DUTON INDUSTRY CO LTD, BEUCHAT INTERNATIONAL S.A.S, Cressi Sub Spa, Dive Rite, Diversco Supply, Diving Unlimited International Inc., H2Odyssey, HEAD Sport GmbH, Henderson Sport Group, Huish Outdoors, IST SPORTS CORP., Johnson Outdoors Inc., Marquee Brands, Ocean Reef Group, Poseidon Diving Systems AB, SEACSUB Spa, Shearwater Research Inc, and Tsun Kuang Hardware Mfg. Co. Ltd.
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Market dynamics
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Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID -19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
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Customization purview
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If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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Request PDF sample
What are the Key Data Covered in this Scuba Diving Equipment Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive scuba diving equipment market growth during the next five years
- Precise estimation of the scuba diving equipment market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the scuba diving equipment industry across North America, Europe, APAC, South America, and Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of scuba diving equipment market vendors
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1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 24: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Distribution Channel
- 5.1 Market segments
- Exhibit 25: Chart on Distribution Channel - Market share 2021-2026 (%)
- Exhibit 26: Data Table on Distribution Channel - Market share 2021-2026 (%)
- 5.2 Comparison by Distribution Channel
- Exhibit 27: Chart on Comparison by Distribution Channel
- Exhibit 28: Data Table on Comparison by Distribution Channel
- 5.3 Offline - Market size and forecast 2021-2026
- Exhibit 29: Chart on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
- Exhibit 31: Chart on Offline - Year-over-year growth 2021-2026 (%)
- Exhibit 32: Data Table on Offline - Year-over-year growth 2021-2026 (%)
- 5.4 Online - Market size and forecast 2021-2026
- Exhibit 33: Chart on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Data Table on Online - Market size and forecast 2021-2026 ($ million)
- Exhibit 35: Chart on Online - Year-over-year growth 2021-2026 (%)
- Exhibit 36: Data Table on Online - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Distribution Channel
- Exhibit 37: Market opportunity by Distribution Channel ($ million)
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 38: Chart on Product - Market share 2021-2026 (%)
- Exhibit 39: Data Table on Product - Market share 2021-2026 (%)
- 6.2 Comparison by Product
- Exhibit 40: Chart on Comparison by Product
- Exhibit 41: Data Table on Comparison by Product
- 6.3 Bags and apparel - Market size and forecast 2021-2026
- Exhibit 42: Chart on Bags and apparel - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on Bags and apparel - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on Bags and apparel - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Bags and apparel - Year-over-year growth 2021-2026 (%)
- 6.4 Rebreathers and regulators - Market size and forecast 2021-2026
- Exhibit 46: Chart on Rebreathers and regulators - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Rebreathers and regulators - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Rebreathers and regulators - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Rebreathers and regulators - Year-over-year growth 2021-2026 (%)
- 6.5 Diving computers and gauges - Market size and forecast 2021-2026
- Exhibit 50: Chart on Diving computers and gauges - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Diving computers and gauges - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Diving computers and gauges - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Diving computers and gauges - Year-over-year growth 2021-2026 (%)
- 6.6 Others - Market size and forecast 2021-2026
- Exhibit 54: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 6.7 Market opportunity by Product
- Exhibit 58: Market opportunity by Product ($ million)
7 Customer Landscape
- 7.1 Customer landscape overview
- Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
- 8.1 Geographic segmentation
- Exhibit 60: Chart on Market share by geography 2021-2026 (%)
- Exhibit 61: Data Table on Market share by geography 2021-2026 (%)
- 8.2 Geographic comparison
- Exhibit 62: Chart on Geographic comparison
- Exhibit 63: Data Table on Geographic comparison
- 8.3 North America - Market size and forecast 2021-2026
- Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 8.4 Europe - Market size and forecast 2021-2026
- Exhibit 68: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 69: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 70: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 71: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 8.5 APAC - Market size and forecast 2021-2026
- Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 8.6 South America - Market size and forecast 2021-2026
- Exhibit 76: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 77: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 78: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 79: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 8.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 8.8 US - Market size and forecast 2021-2026
- Exhibit 84: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 85: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 86: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 87: Data Table on US - Year-over-year growth 2021-2026 (%)
- 8.9 Germany - Market size and forecast 2021-2026
- Exhibit 88: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 89: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 90: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 91: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 8.10 France - Market size and forecast 2021-2026
- Exhibit 92: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 93: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 94: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 95: Data Table on France - Year-over-year growth 2021-2026 (%)
- 8.11 Brazil - Market size and forecast 2021-2026
- Exhibit 96: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
- Exhibit 97: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
- Exhibit 98: Chart on Brazil - Year-over-year growth 2021-2026 (%)
- Exhibit 99: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
- 8.12 Australia - Market size and forecast 2021-2026
- Exhibit 100: Chart on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 101: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 102: Chart on Australia - Year-over-year growth 2021-2026 (%)
- Exhibit 103: Data Table on Australia - Year-over-year growth 2021-2026 (%)
- 8.13 Market opportunity by geography
- Exhibit 104: Market opportunity by geography ($ million)
9 Drivers, Challenges, and Trends
- 9.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2021 and 2026
10 Vendor Landscape
- 10.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 10.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 10.4 Industry risks
- Exhibit 108: Impact of key risks on business
11 Vendor Analysis
- 11.1 Vendors covered
- Exhibit 109: Vendors covered
- 11.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 11.3 Apollo Sports USA Inc
- Exhibit 111: Apollo Sports USA Inc - Overview
- Exhibit 112: Apollo Sports USA Inc - Product / Service
- Exhibit 113: Apollo Sports USA Inc - Key offerings
- 11.4 Aqualung America Inc
- Exhibit 114: Aqualung America Inc - Overview
- Exhibit 115: Aqualung America Inc - Product / Service
- Exhibit 116: Aqualung America Inc - Key offerings
- 11.5 AQUATEC DUTON INDUSTRY CO LTD
- Exhibit 117: AQUATEC DUTON INDUSTRY CO LTD - Overview
- Exhibit 118: AQUATEC DUTON INDUSTRY CO LTD - Product / Service
- Exhibit 119: AQUATEC DUTON INDUSTRY CO LTD - Key offerings
- 11.6 BEUCHAT INTERNATIONAL S.A.S
- Exhibit 120: BEUCHAT INTERNATIONAL S.A.S - Overview
- Exhibit 121: BEUCHAT INTERNATIONAL S.A.S - Product / Service
- Exhibit 122: BEUCHAT INTERNATIONAL S.A.S - Key offerings
- 11.7 Diving Unlimited International Inc.
- Exhibit 123: Diving Unlimited International Inc. - Overview
- Exhibit 124: Diving Unlimited International Inc. - Product / Service
- Exhibit 125: Diving Unlimited International Inc. - Key offerings
- 11.8 HEAD Sport GmbH
- Exhibit 126: HEAD Sport GmbH - Overview
- Exhibit 127: HEAD Sport GmbH - Product / Service
- Exhibit 128: HEAD Sport GmbH - Key offerings
- 11.9 Henderson Sport Group
- Exhibit 129: Henderson Sport Group - Overview
- Exhibit 130: Henderson Sport Group - Product / Service
- Exhibit 131: Henderson Sport Group - Key offerings
- 11.10 Huish Outdoors
- Exhibit 132: Huish Outdoors - Overview
- Exhibit 133: Huish Outdoors - Product / Service
- Exhibit 134: Huish Outdoors - Key offerings
- 11.11 IST SPORTS CORP.
- Exhibit 135: IST SPORTS CORP. - Overview
- Exhibit 136: IST SPORTS CORP. - Product / Service
- Exhibit 137: IST SPORTS CORP. - Key offerings
- 11.12 Johnson Outdoors Inc.
- Exhibit 138: Johnson Outdoors Inc. - Overview
- Exhibit 139: Johnson Outdoors Inc. - Business segments
- Exhibit 140: Johnson Outdoors Inc. - Key offerings
- Exhibit 141: Johnson Outdoors Inc. - Segment focus
12 Appendix
- 12.2 Inclusions and exclusions checklist
- Exhibit 142: Inclusions checklist
- Exhibit 143: Exclusions checklist
- 12.3 Currency conversion rates for US$
- Exhibit 144: Currency conversion rates for US$
- 12.4 Research methodology
- Exhibit 145: Research methodology
- Exhibit 146: Validation techniques employed for market sizing
- Exhibit 147: Information sources
- 12.5 List of abbreviations
- Exhibit 148: List of abbreviations
- trade barriers: High tariffs and significant administrative burdens directly affect manufacturers, import-export companies, and end-users. The recent trade war between the US and China has impacted several industries, along with the leisure products industry, with tariffs and counter-tariffs being imposed by both countries. In July 2018, the US imposed a 25% tariff on around 1,300 items, including a host of leisure products. The US imports most consumer goods from China due to its low production cost. This has resulted in an increase in the price of consumer goods, including leisure products, imported from China.
INFORMATION SOURCES
DATA ANALYSIS
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