The Scuba Diving Equipment Market in South Korea (2019-2023) by Product and Retail Formats with Key Player Profiles - ResearchAndMarkets.com

The "Scuba Diving Equipment Market in South Korea 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The scuba diving equipment market in South Korea market will register a CAGR of more than 12% by 2023.

The advent of advanced scuba diving equipment is likely to boost growth in the market. Owing to the rapid technological advances in the travel, tourism, and underwater diving equipment, technologically advanced scuba diving equipment is one of the trends that is expected to gain prominence during the forecast period.

Significant increase in e-commerce

Factors like significant increase in the internet penetration, along with the rise in online purchasing of scuba diving equipment, drive the online sales of scuba diving equipment in South Korea.

Increase in the number of counterfeit products

As the scuba diving equipment market in South Korea is subject to low entry barriers for new entrants, various local retailers offer fake and counterfeit products in the country.

Competitive Landscape

With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. The market is in the growing phase and the competition is expected to intensify during the forecast period.

Market Trends

• Advent of Advanced Scuba Diving Equipment
• Improving Political and Strategic Relations in Middle East
• Ban on Group Tourism by China

Key Players

• Aqua Lung International
• Beuchat International
• Cressi
• Johnson Outdoors
• Mares

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Market Landscape

4. Market Sizing

5. Five Forces Analysis

6. Market Segmentation by Product

7. Customer Landscape

8. Market Segmentation by Retail Formats

9. Decision Framework

10. Drivers and Challenges

11. Market Trends

12. Vendor Landscape

13. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/s67tcb/the_scuba_diving?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20181213005620/en/