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Recreational Pressure Vessels Market Analysis | 2025-2031
Recreational Pressure Vessels Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2025-2031
The recreational pressure vessels market was estimated at USD 183 million in 2024 and is likely to grow at a CAGR of 4.3% during 2025-2031 to reach USD 248 million in 2031.
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The market for recreational pressure vessels includes pressure vessels used in SCUBA diving, paintball applications, and other applications such as the balloon time kit. In SCUBA diving, they store breathing gases such as filtered air, enriched nitrox, and trimix, allowing divers to explore underwater safely. In paintball, they provide the necessary pressure to power a paintball gun using carbon dioxide (CO2) or compressed air. Growing global tourism and rising interest in marine and adventure activities drive demand for diving equipment. Paintball has also seen growing participation as a recreational and competitive sport. Increasing consumer spending on leisure activities, technological improvements in pressure vessels, and greater accessibility to SCUBA training programs are creating healthy growth opportunities for the market.
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Segmentations |
List of Sub-Segments |
Segments with High Growth Opportunity |
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By Application Type |
SCUBA, Paintball, and Other Applications |
SCUBA is expected to be the leading demand generator for pressure vessels and is likely to grow at the fastest rate in the coming years |
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Pressure Vessel-Type |
Type I, Type II, Type III, and Type IV |
Type I contributes the largest share of the recreational pressure vessels, whereas Type III is likely to be the fastest-growing segment during the forecast period. |
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Region Analysis |
North America, Europe, Asia-Pacific, and Rest of the World |
Asia-Pacific is expected to maintain its reign over the forecast period and is also likely to grow at the fastest pace during the same period. |
“SCUBA is anticipated to drive demand for the pressure vessels and is expected to experience the fastest growth in the coming years, fueled by the surge of tourism, increasing interest in marine exploration, and rising expenditure on recreational activities."
The recreational pressure vessels market is segmented into SCUBA, paintball, and other applications. SCUBA remained the dominant segment and is expected to retain its leadership during the forecast period. Type-I pressure vessels account for over 90% of SCUBA diving tanks. The growing interest in recreational activities, particularly diving, has significantly boosted demand, reinforcing SCUBA's strong market position.
“Type I is expected to hold the largest share of the market, whereas Type III is projected to experience the fastest growth over the forecast period."
The recreational pressure vessel market is segmented into Type-I, Type-II, Type-III, and Type-IV pressure vessels. Type-I vessels continue to dominate due to their affordability, durability, and widespread use in activities like SCUBA diving and paintball. However, Type-III vessels are expected to grow at the fastest pace, driven by their lightweight design, higher pressure capacity, and increasing demand for high performance in recreational applications. As technology advances and more users seek portable, efficient alternatives, Type-III vessels will gain traction; however, Type-I will remain the most widely used option over the coming years.
“Asia-Pacific is expected to remain the dominant region throughout the forecast period and is projected to experience the fastest growth over the next six years.
The market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is anticipated to be the largest and the fastest-growing market for recreational pressure vessels during the forecast period. The region’s dominance is driven by high tourist inflows and a growing preference for experiential and recreational activities, with China, Australia, and Southeast Asia being the key contributors.
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The following are the key players in the recreational pressure vessels market.
Here is the list of the Top Players (Based on Dominance)
Note: The above list does not necessarily include all the top players in the market.
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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s recreational pressure vessels market realities and future market possibilities for the forecast period of 2025 to 2031. After a continuous interest in our recreational pressure vessels market report from the industry stakeholders, we have tried to further accentuate our research scope to the recreational pressure vessels market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The recreational pressure vessels market is segmented into the following categories:
By Application Type
By Pressure Vessel Type
By Region
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Competitive Benchmarking
Custom Research: Stratview research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
The recreational pressure vessels market is estimated to grow at a CAGR of 4.3 % by 2031.
Cylinders Holding Group, Luxfer Holdings PLC, Worthington Industries, Inc., TriMas Corporation, Shenyang Gas Cylinder Safety Technology Co., Ltd., Metal Mate Co., Ltd., Catalina Cylinders, Faber Industrie S.p.A., and Eurocylinder Systems AG, are the leading players in the market.
Asia-Pacific is estimated to remain dominant in the market in the foreseeable future.
The recovery in the tourism industry and relaxation on travel restrictions, the market is likely to gain momentum. Also, the long-term outlook seems to be loaded with promising growth opportunities, driven by the increasing expenditure on recreational activities and inclination towards the marine and coastal tourism of people all across the globe. Considering the recuperation of the SCUBA diving industry and pick up in recreational activities.
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