LONDON--(BUSINESS WIRE)--Technavio has been monitoring the scuba diving equipment market in South Korea and it is poised to grow by USD 30.28 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Latest Free Sample Report on Covid-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amer Sports Corp., Aqua Lung International, BEUCHAT INTERNATIONAL S.A.S, Big Blue 33 Corp., Cressi Spa, Johnson Outdoors Inc., Kinugawa Co. Ltd., Mares Spa, Nippon Sensuiki Co. Ltd., and Nvi Divers Co. Ltd. are some of the major market participants. Although the significant increase in e-commerce will offer immense growth opportunities, the increasing number of counterfeit products will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Significant increase in e-commerce has been instrumental in driving the growth of the market. However, the increasing number of counterfeit products might hamper market growth.
Scuba Diving Equipment Market in South Korea 2020-2024: Segmentation
Scuba Diving Equipment Market in South Korea is segmented as below:
- Product
- Apparel
- Rebreathers
- Computer And Gauges
- Others
- Distribution channel
- Online
- Offline
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Scuba Diving Equipment Market in South Korea 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our scuba diving equipment market in South Korea report covers the following areas:
- Scuba Diving Equipment Market size
- Scuba Diving Equipment Market trends
- Scuba Diving Equipment Market industry analysis
This study identifies improving tourism in South Korea as one of the prime reasons driving the scuba diving equipment market growth during the next few years.
Scuba Diving Equipment Market in South Korea 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the scuba diving equipment market, including some of the vendors such as Amer Sports Corp., Aqua Lung International, BEUCHAT INTERNATIONAL S.A.S, Big Blue 33 Corp., Cressi Spa, Johnson Outdoors Inc., Kinugawa Co. Ltd., Mares Spa, Nippon Sensuiki Co. Ltd., and Nvi Divers Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the Scuba Diving Equipment Market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Scuba Diving Equipment Market in South Korea 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist scuba diving equipment market growth in South Korea during the next five years
- Estimation of the scuba diving equipment market size in South Korea and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the scuba diving equipment market in South Korea
- 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 in South Korea
Table Of Contents :
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Apparel - Market size and forecast 2019-2024
- Rebreathers - Market size and forecast 2019-2024
- Computer and gauges - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2019-2024
- Online - Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Customer landscape
- Overview
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Amer Sports Corp.
- Aqua Lung International
- BEUCHAT INTERNATIONAL S.A.S
- Big Blue 33 Corp.
- Cressi Spa
- Johnson Outdoors Inc.
- Kinugawa Co. Ltd.
- Mares Spa
- Nippon Sensuiki Co. Ltd.
- Nvi Divers Co. Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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September 08, 2020 at 08:30PM
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COVID-19 Impacts: Scuba Diving Equipment Market in South Korea will Accelerate at a CAGR of over 4% through 2020-2024 | Significant Increase in E-commerce to Boost Growth | Technavio - Business Wire
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