What are the Historical Developments and Current Growth Metrics of the Diving Tourism Market?
The diving tourism market has seen considerable growth due to a variety of factors.
• The diving tourism market has grown rapidly in recent years. It will grow from $4.06 billion in 2024 to $4.52 billion in 2025, at a CAGR of 11.4%.
This rise is attributed to increased disposable incomes, a growing interest in adventure tourism, heightened awareness of marine conservation, the establishment of diving training programs, and better travel infrastructure.
What is the Forecasted Market Size and CAGR for the Diving Tourism Market?
The diving tourism market is expected to maintain its strong growth trajectory in upcoming years.
• The diving tourism market is expected to grow rapidly, reaching $6.87 billion by 2029 at a CAGR of 11.0%.
This growth is fueled by eco-friendly diving practices, virtual reality experiences, niche underwater tourism, marine conservation, and enhanced global connectivity. Major trends include growth in emerging markets, demand for remote dive sites, sustainable diving, and social media-driven tourism.
What Key Factors and Trends Are Driving The Growth Diving Tourism Market?
The diving tourism market is set to grow as the popularity of water sports activities rises. Water sports like surfing, sailing, and kayaking are gaining traction due to the increasing desire for adventure and fitness. Diving tourism complements this trend by offering specialized underwater experiences. According to Eurostat in September 2023, exports of sporting goods from the EU increased by 10.9% in 2022, reflecting growing interest in water sports, thus fueling the diving tourism market.
What Are The Market Segments In The Diving Tourism Market?
The diving tourism market covered in this report is segmented –
1) By Type: Deep Diving, Drift Diving, Wreck Diving, Free Diving
2) By Tourist Type: Domestic, International
3) By Age Group: 10 To 20, 20 To 30, 30 To 40, 40 And above
4) By Application: Professional Diver, Recreational Diver, New Diver
5) By End User: Solo, Friend, Couple, Family
Subsegments:
1) By Deep Diving: Recreational Deep Diving, Technical Deep Diving, Scuba Diving To Greater Depths, Saturation Diving
2) By Drift Diving: Ocean Drift Diving, River And Stream Drift Diving, Drift Diving With Strong Water Currents
3) By Wreck Diving: Shipwreck Diving, Aircraft Wreck Diving, Submarine Wreck Diving, Historic And Archaeological Wreck Sites
4) By Free Diving: Spearfishing And Hunting Free Diving, Breath-hold Diving, Competitive Free Diving, Underwater Photography And Exploration
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Which Emerging Market Trends Are Altering The Diving Tourism Industry?
Companies in the diving tourism market are making strategic investments and expanding brands to attract tourists while promoting sustainability. Red Sea Global (RSG), a Saudi Arabia-based company, launched the WAMA and Galaxea brands in February 2023 to offer water sports and diving experiences in the Red Sea, emphasizing marine conservation and sustainable tourism practices.
Who Are the Key Players In The Diving Tourism Market?
Major companies operating in the diving tourism market are:
• PADI Travel Ltd
• Aggressor Adventures LLC
• Emperor Divers
• Equator Diving
• Worldwide Dive and Sail International Ltd
• Pro Dive International
• PT. AquaMarine Diving - Bali
• Blue O Two Limited
• Sea Bees Diving
• Regaldive
• Divebooker.com
• Scuba Junkie
• Caradonna Dive Adventures Inc.
• Aquatic Adventures Inc.
• Bluewater Travel Inc.
• Deep Blue Adventures Inc.
• Dive Butler International Limited
• LiveAboard.com
• Undersea Hunter Group
• Dive The World International Co. Ltd.
• Explorer Ventures Liveaboard Fleet
• Liveaboard Adventures
• Nautilus Liveaboards
• Scuba Travel
• Liquid Diving Adventures
What Are The Regional Insights Into The Diving Tourism Market?
Europe was the largest region in the diving tourism market in 2024. The regions covered in the diving tourism market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
