Asia Pacific Diving Tourism Market Size & Outlook
Asia Pacific diving tourism market, 2018-2030 (US$M)
Related Markets
Asia Pacific diving tourism market highlights
- The Asia Pacific diving tourism market generated a revenue of USD 1,178.4 million in 2023.
- The market is expected to grow at a CAGR of 11.6% from 2024 to 2030.
- In terms of segment, scuba diving was the largest revenue generating diving type in 2023.
- Scuba Diving is the most lucrative diving type segment registering the fastest growth during the forecast period.
- Country-wise, Malaysia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,178.4 million |
| Market revenue in 2030 | USD 2,546.3 million |
| Growth rate | 11.6% (CAGR from 2023 to 2030) |
| Largest segment | Scuba diving |
| Fastest growing segment | Scuba Diving |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Scuba Diving, Free Diving |
| Key market players worldwide | The Natural Travel Collection, Bluewater Travel, Scuba Travel, Divers Den, Dive Adventures Asia, ZuBlu, Professional Association of Diving Instructors |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 25.9% of the global diving tourism market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,546.3 million by 2030.
Scuba diving was the largest segment with a revenue share of 78.52% in 2023. Horizon Databook has segmented the Asia Pacific diving tourism market based on scuba diving, free diving covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region has long been a popular destination for diving tourism, with countries such as China, Indonesia, Thailand, Malaysia, and Australia attracting a large number of divers every year. The industry has seen growth in recent years, driven by an increasing number of tourists seeking unique and adventurous experiences.
In response, many diving operators and resorts have expanded their offerings, including new sites and experiences, training programs, and eco-friendly initiatives. The contribution of travel & tourism one of the most important revenue-generating sectors in Asia Pacific to the region’s GDP grew by 7.5% from 2021 to 2022, according to the World Travel & Tourism Council.
Increased economic growth, rising disposable money and time, growing political stability, and a rising focus on active tourism promotions are among the key factors contributing to the rapid expansion of tourism in Asia Pacific.
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Diving Tourism Market Scope
Diving Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific diving tourism market size, by country, 2018-2030 (US$M)
Asia Pacific Diving Tourism Market Outlook Share, 2023 & 2030 (US$M)
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