The worldwide snorkeling equipment market is expected to grow at a substantial CAGR in the upcoming period. This is credited to pocket-friendliness related to snorkeling activity. Snorkeling is something that could be explored by anyone having an access to pond, ocean, river, or lake. Unlike scuba diving, snorkeling doesn’t need complex training, equipment, or certifications. This is another factor driving the market.
The latest trend catching up on this count is “skin diving”. It’s a particular type of snorkeling that mandates divers to keep their breath held underwater so as to have a look at aquatic life along with exploration of marine species. Training courses like PADI (Professional Association of Diving Instructors) are available for skin diver enthusiasts. The course covers surface swimming, performing surface dives with minimal efforts, and checking buoyancy.
North America accounts for the highest revenue and will continue with its winning streak in the near future as well. This could be attributed to rise in awareness regarding healthy lifestyle and an exponential rise in the number of snorkelers. Besides, government of the U.S. is encouraging snorkeling as a major sport. The other factors include rising adoption on the part of novel technologies by the players to render eco-friendly and better equipment. Europe comes in second; especially due to increase in snorkeling activities on Thames. LATAM is catching up due to Brazil and Argentina eyeing snorkeling. Asia Pacific is also expected to venture into snorkeling sooner or later.
The players contributing to the market include Tabata, Seavenger, Cressi Sub, and Aqua Lung International. These players are competing with each other on the basis of brand, variety, quality, and price. As far as products are concerned, snorkeling equipment market constitutes snorkeling fins, snorkeling masks, and snorkels. By retail markets its online retailing, rentals, supermarkets and hypermarkets, and sports and specialty stores.