Industry reports show the global wetsuit market hit RMB 24.04 billion in 2024 and is projected to reach RMB 31.45 billion by 2030, growing at a 4.58% annual rate. As a key wetsuit material, Neoprene is the top pick for high-end wetsuits thanks to its great insulation and flexibility. The U.S. accounts for 33% of global demand, fueling interest in neoprene diving gear and other products to lead the global market growth.