Market Forecast By Type (Rebreather, Exposure Suit, Decompression Chamber), By Application (Commercial, Defense, Civil), By End-User (Oil & Gas, Naval, Aquaculture) And Competitive Landscape
| Product Code: ETC4558416 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 4 |
In 2024, Australia`s import trend for diving equipment experienced a decline, with a growth rate of -9.37% compared to the previous year. The compound annual growth rate (CAGR) from 2020 to 2024 stood at -1.94%. This negative import momentum may be attributed to shifts in consumer preferences, changes in trade policies, or a possible market correction following previous years of stability.
| Report Name | Australia Diving Equipment Market |
| Forecast period | 2025-2031 |
| CAGR | 3.7% |
| Growing Sector | Aquaculture |
Australia Diving Equipment Market report thoroughly covers the market by type, application and End User. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Diving Equipment Market is set to witness robust growth, underpinned by a confluence of factors that enhance its appeal among enthusiasts and professionals alike. The rising popularity of water-based leisure activities, coupled with a heightened collective consciousness about the importance of preserving marine ecosystems, lays a solid foundation for the sector's expansion. Innovations in equipment safety and performance, along with a growing emphasis on eco-sustainability, are tailoring the industry to align with the expectations of a discerning demographic that values both adventure and environmental stewardship. This scenario presents a promising outlook for manufacturers and retailers focussed on delivering high-quality, sustainable solutions that resonate with Australia's rich marine biodiversity and contribute positively to its conservation.
According to 6Wresearch, the Australia Diving Equipment Market size is projected to grow at the CAGR of 3.7% during the forecast period of 2025-2031. The market is driven by a myriad of factors that stimulate its growth. One primary driver is the increasing interest and participation in recreational and professional scuba diving, influenced by Australia’s extensive and vibrant coastline, renowned marine biodiversity, and world-class dive sites like the Great Barrier Reef. Additionally, technological advancements in diving equipment, aimed at enhancing safety and improving the user experience, play a significant role in attracting a broader demographic of divers. However, the market also faces challenges. Environmental concerns, particularly the health of marine ecosystems and the impact of climate change on underwater life, pose significant threats. The sustainability of aquatic environments is crucial for the continuation of diving activities, necessitating ongoing efforts in conservation and environmentally friendly practices within the industry. Another challenge is maintaining affordability and accessibility of advanced diving equipment for the average consumer without compromising on quality and safety. Opportunities within the Australia Diving Equipment industry are abundant, especially in the realm of eco-innovation. There is a growing demand for eco-friendly and sustainable diving gear, from biodegradable wetsuits to energy-efficient underwater scooters, aligning with the global push towards environmental sustainability. Furthermore, the digital transformation of the sector, including the use of augmented reality for immersive pre-dive experiences and enhanced training methods, presents a lucrative avenue for growth. The market stands at the cusp of a significant evolution, with those willing to invest in sustainable, innovative solutions poised to reap substantial rewards.
Leading players in the Diving Equipment Market In Australia include notable companies such as Scubapro, Aqua Lung, Cressi, and Mares. These industry giants have been at the forefront of innovation, offering a wide range of high-quality products tailored to meet the needs of both amateur and professional divers. With a strong focus on technology, safety, and sustainability, these companies are pivotal in shaping the trends and directions of the market, ensuring that Australia remains a top destination for divers worldwide.
The Australia Diving Equipment Market boasts a competitive landscape with several key players driving innovation and sustainability. Companies like ScubaPro, Mares, and Cressi stand out for their commitment to quality and environmentally friendly products. These industry leaders are not just focused on manufacturing advanced gear but are also pioneering in eco-innovation and digital advancements, setting new standards in the market, which has significantly led to increase in Australia Diving Equipment Market Growth. Their efforts in promoting underwater conservation and offering products at various price points contribute significantly to making diving more accessible and sustainable for enthusiasts across Australia.
The future of the Australia Diving Equipment Market appears promising with expectations of significant growth driven by the increasing popularity of water sports, a rise in underwater tourism, and heightened awareness about marine conservation. Technological advancements in gear safety and performance are likely to enhance the appeal of diving both for recreational and professional purposes. Eco-friendly and sustainable equipment options are also anticipated to play a crucial role in attracting the environmentally-conscious consumer, reflecting broader trends towards responsible tourism and outdoor activities. As Australia continues to leverage its rich marine biodiversity and iconic underwater sites, the demand for advanced, high-quality diving equipment is expected to surge, offering ample opportunities for manufacturers and retailers in the region.
Based on Application, the commercial segment is expected to grow in the Australia Diving Equipment Market. With increasing demand for sustainable and eco-friendly practices, companies are investing more in equipment used for various commercial purposes such as underwater construction, maintenance, and research.
According to Dhaval, Research Manager, 6Wresearch, on the basis of end -user, It is projected that the aquaculture segment will experience significant growth in the Australia Diving Equipment Market. With increasing demand for sustainably and ethically sourced seafood, there has been a rise in underwater farming activities, leading to a higher need for diving equipment. Additionally, the use of diving equipment in aquaculture ensures safer and more efficient operations, further driving its growth in the market.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Australia Diving Equipment Market Overview |
| 3.1 Australia Country Macro Economic Indicators |
| 3.2 Australia Diving Equipment Market Revenues & Volume, 2021 & 2031F |
| 3.3 Australia Diving Equipment Market - Industry Life Cycle |
| 3.4 Australia Diving Equipment Market - Porter's Five Forces |
| 3.5 Australia Diving Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 3.6 Australia Diving Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 3.7 Australia Diving Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
| 4 Australia Diving Equipment Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Increasing popularity of water sports and outdoor activities in Australia |
| 4.2.2 Growing awareness about the importance of marine conservation and environmental protection |
| 4.2.3 Rising disposable income and leisure spending among Australians |
| 4.3 Market Restraints |
| 4.3.1 Seasonal nature of diving activities due to weather conditions |
| 4.3.2 High initial cost and ongoing maintenance expenses associated with diving equipment |
| 4.3.3 Competition from other leisure activities and sports in Australia |
| 5 Australia Diving Equipment Market Trends |
| 6 Australia Diving Equipment Market, By Types |
| 6.1 Australia Diving Equipment Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Australia Diving Equipment Market Revenues & Volume, By Type, 2021-2031F |
| 6.1.3 Australia Diving Equipment Market Revenues & Volume, By Rebreather, 2021-2031F |
| 6.1.4 Australia Diving Equipment Market Revenues & Volume, By Exposure Suit, 2021-2031F |
| 6.1.5 Australia Diving Equipment Market Revenues & Volume, By Decompression Chamber, 2021-2031F |
| 6.2 Australia Diving Equipment Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 Australia Diving Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
| 6.2.3 Australia Diving Equipment Market Revenues & Volume, By Defense, 2021-2031F |
| 6.2.4 Australia Diving Equipment Market Revenues & Volume, By Civil, 2021-2031F |
| 6.3 Australia Diving Equipment Market, By End-User |
| 6.3.1 Overview and Analysis |
| 6.3.2 Australia Diving Equipment Market Revenues & Volume, By Oil & Gas, 2021-2031F |
| 6.3.3 Australia Diving Equipment Market Revenues & Volume, By Naval, 2021-2031F |
| 6.3.4 Australia Diving Equipment Market Revenues & Volume, By Aquaculture, 2021-2031F |
| 7 Australia Diving Equipment Market Import-Export Trade Statistics |
| 7.1 Australia Diving Equipment Market Export to Major Countries |
| 7.2 Australia Diving Equipment Market Imports from Major Countries |
| 8 Australia Diving Equipment Market Key Performance Indicators |
| 8.1 Number of diving certifications issued annually |
| 8.2 Average length of diving season in Australia |
| 8.3 Percentage of Australians participating in water sports and outdoor activities |
| 8.4 Number of diving equipment retailers and manufacturers in Australia |
| 8.5 Investment in marine conservation initiatives by diving equipment companies |
| 9 Australia Diving Equipment Market - Opportunity Assessment |
| 9.1 Australia Diving Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
| 9.2 Australia Diving Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
| 9.3 Australia Diving Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
| 10 Australia Diving Equipment Market - Competitive Landscape |
| 10.1 Australia Diving Equipment Market Revenue Share, By Companies, 2024 |
| 10.2 Australia Diving Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |