The diving tourism market in Canada is expected to reach a projected revenue of US$ 306.4 million by 2030. A compound annual growth rate of 10.8% is expected of Canada diving tourism market from 2024 to 2030.
The Canada diving tourism market generated a revenue of USD 149.9 million in 2023 and is expected to reach USD 306.4 million by 2030.
The Canada market is expected to grow at a CAGR of 10.8% 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 149.9 million
Market revenue in 2030
USD 306.4 million
Growth rate
10.8% (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, Canada accounted for 3.3% 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 North America, U.S. diving tourism market is projected to lead the regional market in terms of revenue in 2030.
Mexico is the fastest growing regional market in North America and is projected to reach USD 666.8 million by 2030.
Tourism plays a crucial role in Canada’s national economy. According to Statistics Canada, in 2022, the country had 49.9 million total international arrivals non-resident visitors and returning residents over four times those from 2021, reaching well over half (56.3%) of the number of arrivals in 2019. This scenario will be favorable for diving tourism in Canada.
Canada’s coastline is the longest in the world. It is among the world's most well-known locations for scuba diving. Despite the cold weather, adventurers travel to Canada to engage in scuba diving. Many locations in Canada, including Ontario, Newfoundland, and British Columbia, are suitable for scuba diving. Such factors are expected to drive the market growth over the forecast period.
In addition, the diving tourism market in Canada places a strong emphasis on eco-tourism and conservation. Diving operators and organizations actively promote sustainable diving practices, support marine conservation initiatives, and raise awareness about environmental issues.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Diving Tourism Market Outlook will help companies and investors design strategic landscapes.
Scuba Diving was the largest segment with a revenue share of 76.38% in 2023.
Horizon Databook has segmented the Canada diving tourism market based on scuba diving, free diving covering the revenue growth of each sub-segment from 2018 to 2030.
Tourism plays a crucial role in Canada’s national economy. According to Statistics Canada, in 2022, the country had 49.9 million total international arrivals non-resident visitors and returning residents over four times those from 2021, reaching well over half (56.3%) of the number of arrivals in 2019. This scenario will be favorable for diving tourism in Canada.
Canada’s coastline is the longest in the world. It is among the world's most well-known locations for scuba diving. Despite the cold weather, adventurers travel to Canada to engage in scuba diving. Many locations in Canada, including Ontario, Newfoundland, and British Columbia, are suitable for scuba diving. Such factors are expected to drive the market growth over the forecast period.
In addition, the diving tourism market in Canada places a strong emphasis on eco-tourism and conservation. Diving operators and organizations actively promote sustainable diving practices, support marine conservation initiatives, and raise awareness about environmental issues.
Canada Diving Tourism Market Diving Type Outlook (Revenue, USD Million , 2018-2030)
Scuba Diving
Free Diving
Canada Diving Tourism Market Tourist Type Outlook (Revenue, USD Million , 2018-2030)
Domestic
International
Canada Diving Tourism Market Age Group Outlook (Revenue, USD Million , 2018-2030)
10 to 20
20 to 30
30 to 40
40 & above
Canada Diving Tourism Market Gender Outlook (Revenue, USD Million , 2018-2030)
Men
Women
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Diving Tourism Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Diving Tourism Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.