The 2018 Scuba Diving Equipment Market in South Korea: Overview & Outlook Through 2019-2023 - Aqua Lung International, Beuchat International, Cressi, Johnson Outdoors, and Mares are Dominating
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.
Key Players
Aqua Lung International
Beuchat International
Cressi
Johnson Outdoors
Mares
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
Preface
Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Apparel - Market size and forecast 2018-2023
Rebreathers - Market size and forecast 2018-2023
Computer and gauges - Market size and forecast 2018-2023
Others - Market size and forecast 2018-2023
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY RETAIL FORMATS
Market segmentation by retail formats
Comparison by retail formats
Specialty stores - Market size and forecast 2018-2023
Certification centers - Market size and forecast 2018-2023
Hypermarkets and supermarkets - Market size and forecast 2018-2023
Online stores - Market size and forecast 2018-2023
Market opportunity by retail formats
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 11: MARKET TRENDS
Advent of advanced scuba diving equipment
Improving political and strategic relations in Middle East
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