Market revenue in 2023 | USD 179.5 million |
Market revenue in 2030 | USD 335.5 million |
Growth rate | 9.3% (CAGR from 2023 to 2030) |
Largest segment | Scuba diving |
Fastest growing segment | Scuba Diving |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
Scuba diving was the largest segment with a revenue share of 76.99% in 2023. Horizon Databook has segmented the Spain diving tourism market based on scuba diving, free diving covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of Spain's diving tourism industry can be attributed to several factors. Firstly, the country's mild climate and warm waters make it an attractive destination for divers throughout the year. Secondly, Spain has a large number of diving centers and schools that cater to both beginners and experienced divers, providing easy access to the sport.
Moreover, Spain's geographical diversity enables the development of combination diving tourism that incorporates wildlife encounters with other activities. For instance, diving tourism can be combined with hiking, cultural exploration, or coastal excursions, offering a comprehensive and varied travel experience.
In terms of development, the Spanish government has implemented various initiatives to promote sustainable tourism practices and protect the country's natural resources. These initiatives include the creation of protected marine areas, the establishment of codes of conduct for diving activities, and the promotion of eco-friendly tourism practices.
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