The global swimwear market size is expected to reach USD 29.1 billion by 2025, expanding at a CAGR of 6.4%, according to a new report by Radiant Insights, Inc. Growing population, rising awareness regarding health consciousness, rapid surge in poolside and beach side vacations, increasing water based activities, and rapid changes in fashion trends are the key factors responsible for industry growth.
Increasing rate of population across the globe and product innovation to fulfill the need of a special type of clothing for various water sports and poolside or beach side vacations are driving the market. Growing fitness concerns among various age groups are fueling the demand for swimming as a best physical exercise. This is, in turn, paving a road map for the purchase of swimwear products in large number. In some of the western countries, exposing their body is a common phenomenon, which has effectively increased the sale of beachwear products in the market.Growth of beauty and spa industries and increased demand for specialty swimwear by women are also driving the swimwear and beachwear market to some extent.
Download Free Sample Report @ https://www.radiantinsights.com/research/swimwear-market/request-sample
Asia Pacific is anticipated to witness substantial growth owing to growing rate of population, rising health awareness among people, and product innovation, especially in developed economies. Additionally, growth in the participation rate of water sports and fitness among developing countries such as China and India at a domestic level is expected to positively influence the regional market growth.
Western countries hold a significant market share due to relative growth in the acceptance of swimwear in western European countries in recent times. Continuous increase in the expenditure on leisure goods, coupled with increasing preference for swimming as a recreational activity, is driving the market in North America. U.S dominated the market in terms of revenue in 2018, accounting for above 80% share in North America. It is estimated that on an average, an American woman alone owns four swimsuits. Most of the designer swimsuits are sold in North America due to their luxury beading, hardware features, and comfort. These are the factors that are expected to spur the market growth in the region.
Further key findings from the study suggest:
• In terms of revenue, the polyester fabric type is projected to expand at a CAGR of 7.3% over the forecast period
• The women end user segment dominated the global market with an overall revenue share of 66.6% in 2018
• The Swimwear market in France, Italy, Spain, Germany, and U.K. has also expanded to a great extent in the last few years.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/swimwear-market
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Swimwear Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Swimwear Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Swimwear Market, Fabric Type Estimates & Trend Analysis
5.1. Global swimwear market movement, by fabric type, 2018 & 2025
5.1.1. Nylon
5.1.1.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.1.2. Polyester
5.1.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.1.3. Spandex
5.1.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
5.1.4. Others
5.1.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Continued…
Read all Reports of this category @ https://www.radiantinsights.com/catalog/consumer-goods
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: [email protected]
Website: https://www.radiantinsights.com/