Thailand Diving Tourism Market Size & Outlook, 2023-2030
Thailand diving tourism market, 2018-2030 (US$M)
Related Markets
Thailand diving tourism market highlights
- The Thailand diving tourism market generated a revenue of USD 192.1 million in 2023 and is expected to reach USD 430.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 12.2% 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.
Diving tourism market data book summary
| Market revenue in 2023 | USD 192.1 million |
| Market revenue in 2030 | USD 430.1 million |
| Growth rate | 12.2% (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 |
Other key industry trends
- In terms of revenue, Thailand accounted for 4.2% of the global diving tourism market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Malaysia diving tourism market is projected to lead the regional market in terms of revenue in 2030.
- Malaysia is the fastest growing regional market in Asia Pacific and is projected to reach USD 685.7 million by 2030.
Scuba diving was the largest segment with a revenue share of 78.29% in 2023. Horizon Databook has segmented the Thailand diving tourism market based on scuba diving, free diving covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand has diverse and beautiful underwater ecosystems, such as lively coral reefs, distinctive rock formations, and a wealth of marine life. In order to accommodate various preferences and skill levels, it also provides a varied selection of diving experiences.
Divers have a wide range of alternatives, from wreck diving and cave diving to coral reefs and underwater peaks. Also, the country’s well-developed tourism infrastructure, including transportation networks, accommodations, and amenities, makes it easy for divers to travel and explore different dive sites.
The marine conservation efforts in Thailand are playing a significant role in boosting diving tourism in the country. For instance, The New Heaven Reef Conservation Programme (NHRCP), offered by Conservation Diver, is the best and most well-known marine conservation programme in Thailand and the entire globe.
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Diving Tourism Market Scope
Diving Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand diving tourism market size, by diving type, 2018-2030 (US$M)
Thailand Diving Tourism Market Outlook Share, 2023 & 2030 (US$M)
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