The scuba gloves market is set for significant expansion, with an anticipated valuation of US$ 98.9 million by 2023. The market displays a significant trend, featuring a CAGR of 5.8%, which is expected to endure until 2033. The consistent growth forecasts indicate that the global scuba gloves market is poised to achieve an impressive valuation of US$ 173.8 million by 2033.
Key Market Trends and Highlights
| Attributes | Key Insights |
|---|---|
| Market Estimated Size in 2023 | US$ 98.9 million |
| Projected Market Size in 2033 | US$ 173.8 million |
| Value-based CAGR from 2023 to 2033 | 5.8% |
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The scuba gloves industry has steadily grown, with the market value reaching US$ 93.5 million in 2022. The achievement indicates the industry resilience and ability to cater to the growing demand for specialized gear in water sports, particularly scuba diving.
| Attributes | Details |
|---|---|
| Market Value in 2022 | US$ 93.5 million |
| Market Value in 2023 | US$ 98.9 million |
The historical trajectory reflects an upward trend, driven by factors such as the increasing popularity of water sports and government efforts to promote tourism through aquatic activities. Looking ahead to 2023 to 2033, the scuba gloves industry is poised for substantial expansion. Projections indicate a robust growth trajectory, with the market value expected to experience significant appreciation.
Factors contributing to this optimistic forecast include the continuous rise in water sports enthusiasts, the increasing emphasis on safety standards in diving, and ongoing innovations in scuba gear technology. As the industry responds to evolving consumer needs and incorporates advanced features in scuba gloves, the market is anticipated to witness sustained momentum.
Principal Consultant
The below table showcases CAGRs in terms of the five countries spearheaded by the United States, China, the United Kingdom, Germany, and Japan.
CAGRs from 2023 to 2033
| The United States | 6.3% |
|---|---|
| The United Kingdom | 6.5% |
| Germany | 5.5% |
| Japan | 4.5% |
| China | 7% |
The United States is a prominent player in the scuba gloves market, boasting a substantial CAGR of 6.3%. This reflects the country robust scuba diving culture, consumer engagement in water sports, and a mature need for scuba gear.
A combination of enthusiastic participation in scuba diving activities and a demand for advanced, high-quality scuba gloves propels the growth in the United States.
The United Kingdom holds a firm position in the global scuba gloves market, registering a CAGR of 6.5%. The British market is characterized by a strong interest in water sports and recreational diving, contributing to the consistent demand for scuba gloves. Avid divers seeking specialized equipment for enhanced underwater experiences also influence the market growth.
With a CAGR of 5.5%, Germany showcases diverse market dynamics in the scuba gloves industry. The German market benefits from a combination of a growing interest in water-based activities, advancements in scuba gear technology, and the presence of reputable manufacturers. A discerning consumer base seeking quality and innovation in scuba gloves drives the market moderate growth.
Japan contributes to the global scuba gloves market, exhibiting a CAGR of 4.5%. The Japanese market is characterized by a steady interest in scuba diving and water sports, with consumers seeking reliable and technologically advanced gloves. While the market share is comparatively lower, Japan contribution adds to the overall global growth of the scuba gloves industry.
China emerges as a frontrunner in the scuba gloves market, expanding at a CAGR of 7%. The Chinese market is marked by a growing trend of water sports participation, increasing awareness about scuba diving, and a rising demand for quality scuba gear. China’s elevated growth underscores its pivotal role in shaping the global landscape of the scuba gloves industry.
The table below highlights how velcro is projected to lead the closure-type market, expanding at a market share of 28.7% in 2023. The table further details how females are anticipated to lead consumer orientation and witness a market share of 48.6% in 2023.
| Category | Market Share in 2023 |
|---|---|
| Velcro | 28.7% |
| Female | 48.6% |
The closure-type market is poised for significant developments, with Velcro projected to lead the way, capturing an expansive market share of 28.7% in 2023. Velcro, known for its ease of use and versatility, emerges as a favored choice among consumers for various applications.
This dominance signifies the widespread adoption and preference for velcro closures in diverse product categories, showcasing its market prominence and consumer acceptance.
Based on consumer orientation, females are anticipated to play a pivotal role, leading the market with a substantial share of 48.6% in 2023. This statistic underscores the influence and purchasing power of the female consumer demographic in the closure-type market.
The market dynamics reflect a consumer landscape where females actively drive preferences and choices, influencing the design and functionality of products featuring closures. This female-centric orientation is indicative of the evolving market trends and the emphasis on meeting the specific needs and preferences of this consumer segment.
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Many key scuba gloves manufacturers are inclined to invest significantly in innovation, research, and development practices to uncover increased applications of scuba glovess. With technology, players also focus on ensuring safety, quality, and customer satisfaction to captivate an increased customer base. Some of the latest developments include
| Attributes | Details |
|---|---|
| Estimated Market Size in 2023 | US$ 98.9 million |
| Projected Market Valuation in 2033 | US$ 173.8 million |
| CAGR Share from 2023 to 2033 | 5.8% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value in US$ million |
| Key Regions Covered |
|
| Key Market Segments Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
The market for scuba gloves is estimated to reach US$ 173.8 million by 2033.
The rapid growth of the global tourism industry, especially in scuba diving destinations fosters increased demand for scuba gloves.
The steady growth and aggressive marketing campaigns targeting the young population promote water sports activities.
Diverse dynamics and a steadfast commitment to quality, driving continuous advancement in the industry.
Aqua Lung International, Baresports Company, and UTD International, Inc. are the market players.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Closure Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Closure Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Closure Type, 2023 to 2033
5.3.1. Full Wrist Strap
5.3.2. No Wrist Strap
5.3.3. Velcro Closure
5.3.4. Zippered Wrist
5.4. Y-o-Y Growth Trend Analysis By Closure Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Closure Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Size
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Size, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Size, 2023 to 2033
6.3.1. Small
6.3.2. Medium
6.3.3. Large
6.3.4. Extra Large
6.3.5. Extra Extra Large
6.4. Y-o-Y Growth Trend Analysis By Size, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Size, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Thickness
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Thickness, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Thickness, 2023 to 2033
7.3.1. 1 Millimeter
7.3.2. 2 Millimeter
7.3.3. 3 Millimeter
7.3.4. 4 Millimeter
7.3.5. 5 Millimeter
7.3.6. 6 Millimeter And Above
7.4. Y-o-Y Growth Trend Analysis By Thickness, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Thickness, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Gender
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Gender, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Gender, 2023 to 2033
8.3.1. Male
8.3.2. Female
8.4. Y-o-Y Growth Trend Analysis By Gender, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Gender, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. South Asia and Pacific
9.3.6. East Asia
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. USA
10.2.1.2. Canada
10.2.2. By Closure Type
10.2.3. By Size
10.2.4. By Thickness
10.2.5. By Gender
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Closure Type
10.3.3. By Size
10.3.4. By Thickness
10.3.5. By Gender
10.4. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Closure Type
11.2.3. By Size
11.2.4. By Thickness
11.2.5. By Gender
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Closure Type
11.3.3. By Size
11.3.4. By Thickness
11.3.5. By Gender
11.4. Key Takeaways
12. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. UK
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Western Europe
12.2.2. By Closure Type
12.2.3. By Size
12.2.4. By Thickness
12.2.5. By Gender
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Closure Type
12.3.3. By Size
12.3.4. By Thickness
12.3.5. By Gender
12.4. Key Takeaways
13. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Poland
13.2.1.2. Russia
13.2.1.3. Czech Republic
13.2.1.4. Romania
13.2.1.5. Rest of Eastern Europe
13.2.2. By Closure Type
13.2.3. By Size
13.2.4. By Thickness
13.2.5. By Gender
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Closure Type
13.3.3. By Size
13.3.4. By Thickness
13.3.5. By Gender
13.4. Key Takeaways
14. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Bangladesh
14.2.1.3. Australia
14.2.1.4. New Zealand
14.2.1.5. Rest of South Asia and Pacific
14.2.2. By Closure Type
14.2.3. By Size
14.2.4. By Thickness
14.2.5. By Gender
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Closure Type
14.3.3. By Size
14.3.4. By Thickness
14.3.5. By Gender
14.4. Key Takeaways
15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.2. By Closure Type
15.2.3. By Size
15.2.4. By Thickness
15.2.5. By Gender
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Closure Type
15.3.3. By Size
15.3.4. By Thickness
15.3.5. By Gender
15.4. Key Takeaways
16. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Closure Type
16.2.3. By Size
16.2.4. By Thickness
16.2.5. By Gender
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Closure Type
16.3.3. By Size
16.3.4. By Thickness
16.3.5. By Gender
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. USA
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2023
17.1.2.1. By Closure Type
17.1.2.2. By Size
17.1.2.3. By Thickness
17.1.2.4. By Gender
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2023
17.2.2.1. By Closure Type
17.2.2.2. By Size
17.2.2.3. By Thickness
17.2.2.4. By Gender
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2023
17.3.2.1. By Closure Type
17.3.2.2. By Size
17.3.2.3. By Thickness
17.3.2.4. By Gender
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2023
17.4.2.1. By Closure Type
17.4.2.2. By Size
17.4.2.3. By Thickness
17.4.2.4. By Gender
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2023
17.5.2.1. By Closure Type
17.5.2.2. By Size
17.5.2.3. By Thickness
17.5.2.4. By Gender
17.6. UK
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2023
17.6.2.1. By Closure Type
17.6.2.2. By Size
17.6.2.3. By Thickness
17.6.2.4. By Gender
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2023
17.7.2.1. By Closure Type
17.7.2.2. By Size
17.7.2.3. By Thickness
17.7.2.4. By Gender
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2023
17.8.2.1. By Closure Type
17.8.2.2. By Size
17.8.2.3. By Thickness
17.8.2.4. By Gender
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2023
17.9.2.1. By Closure Type
17.9.2.2. By Size
17.9.2.3. By Thickness
17.9.2.4. By Gender
17.10. Poland
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2023
17.10.2.1. By Closure Type
17.10.2.2. By Size
17.10.2.3. By Thickness
17.10.2.4. By Gender
17.11. Russia
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2023
17.11.2.1. By Closure Type
17.11.2.2. By Size
17.11.2.3. By Thickness
17.11.2.4. By Gender
17.12. Czech Republic
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2023
17.12.2.1. By Closure Type
17.12.2.2. By Size
17.12.2.3. By Thickness
17.12.2.4. By Gender
17.13. Romania
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2023
17.13.2.1. By Closure Type
17.13.2.2. By Size
17.13.2.3. By Thickness
17.13.2.4. By Gender
17.14. India
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2023
17.14.2.1. By Closure Type
17.14.2.2. By Size
17.14.2.3. By Thickness
17.14.2.4. By Gender
17.15. Bangladesh
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2023
17.15.2.1. By Closure Type
17.15.2.2. By Size
17.15.2.3. By Thickness
17.15.2.4. By Gender
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2023
17.16.2.1. By Closure Type
17.16.2.2. By Size
17.16.2.3. By Thickness
17.16.2.4. By Gender
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2023
17.17.2.1. By Closure Type
17.17.2.2. By Size
17.17.2.3. By Thickness
17.17.2.4. By Gender
17.18. China
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2023
17.18.2.1. By Closure Type
17.18.2.2. By Size
17.18.2.3. By Thickness
17.18.2.4. By Gender
17.19. Japan
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2023
17.19.2.1. By Closure Type
17.19.2.2. By Size
17.19.2.3. By Thickness
17.19.2.4. By Gender
17.20. South Korea
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2023
17.20.2.1. By Closure Type
17.20.2.2. By Size
17.20.2.3. By Thickness
17.20.2.4. By Gender
17.21. GCC Countries
17.21.1. Pricing Analysis
17.21.2. Market Share Analysis, 2023
17.21.2.1. By Closure Type
17.21.2.2. By Size
17.21.2.3. By Thickness
17.21.2.4. By Gender
17.22. South Africa
17.22.1. Pricing Analysis
17.22.2. Market Share Analysis, 2023
17.22.2.1. By Closure Type
17.22.2.2. By Size
17.22.2.3. By Thickness
17.22.2.4. By Gender
17.23. Israel
17.23.1. Pricing Analysis
17.23.2. Market Share Analysis, 2023
17.23.2.1. By Closure Type
17.23.2.2. By Size
17.23.2.3. By Thickness
17.23.2.4. By Gender
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Closure Type
18.3.3. By Size
18.3.4. By Thickness
18.3.5. By Gender
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Aqua Lung International
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. Baresports Company
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. UTD International, Inc.
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. Waterproof USA
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. Henderson Aquatics, Inc
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. AKONA
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
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Scuba Gloves Market
