Recreational Pressure Vessels Market Analysis | 2025-2031

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Recreational Pressure Vessels Market 

• The annual demand for recreational pressure vessels was USD 182.6 million in 2024 and is expected to reach USD 192.3 million in 2025, up 5.3% than the value in 2024.
• During the forecast period (2025-2031), the recreational pressure vessels market is expected to grow at a CAGR of 4.3%. The annual demand will reach USD 247.8 million in 2031.
• During 2025-2031, the recreational pressure vessels industry is expected to generate a cumulative sales opportunity of USD 1543.2 million, which is more than 1.5 times the opportunities during 2019-2024.

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High-Growth Market Segments: 

• 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.
• By application type, 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
• By pressure vessel type, 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.

Market Statistics 

Have a look at the sales opportunities presented by the recreational pressure vessels market in terms of growth and market forecast.

Market Dynamics

Introduction:

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.

Segment Analysis

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Competitive Landscape

The following are the key players in the recreational pressure vessels market.

Here is the list of the Top Players (Based on Dominance)

• 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.
• Eurocylinder Systems AG

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides market intelligence most comprehensively. The report structure has been kept so 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:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation 

This report studies the market, covering a period of 15 years of trend and forecast. 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:

Recreational Pressure Vessels Market, by Application Type

• SCUBA
• Paintball
• Other Applications

Recreational Pressure Vessels Market, by Pressure Vessel Type

• Type-I Pressure Vessels 
• Type-II Pressure Vessels 
• Type-III Pressure Vessels 
• Type-IV Pressure Vessels

Recreational Pressure Vessels Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, The UK, Italy, France, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Australia, SouthEast Asia, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, South Africa, and Others)

Research Methodology

• 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. 
• The report segments and analyzes 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 market participants and investors in identifying the low-hanging fruits available in the market and formulating 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 1,000 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 market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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