A swimsuit or swimwear is clothing intended to be worn by individuals partaking in sun- or water-based activities such as sunbathing or water sports like swimming. Consumers are being pushed to participate in water sports and recreational activities by the rising popularity of sports, particularly for health reasons, and the rise in the number of international water sporting events. The UK's participation in outdoor swimming increased between 2019 and 2020 by 1.5 and 3 times, according to a study published in "Trends in Outdoor Swimming Report." Overall, there has been an increase in outdoor swimming due to the health and recreational benefits, which is also helping the swimwear market to expand.
According to Marketlook Consulting’s research report “Global Swimwear Market Analysis, 2021”, the Global Swimwear market is anticipated to grow at a CAGR of 6.3% during 2022-29 The market would reach USD 37.92 Bn by 2029.
Based on Fabric Type, there are Nylon, Polyester, and Spandex. Polyester is expected to hold the significant market share in the forthcoming year owing to the benefits such as easy washable, quick dry, and durability as compared to other fabric.
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Based on the End-user Type, the Swimwear market is divided into Men, Women, and Kids. The women segment grabbed the major market share in 2021. Innovative products are in high demand in the global women's swimwear market. This has inspired manufacturers to release cutting-edge swimwear, like swimsuits that block harmful UV rays and smart swimwear. Thus, the development of the swimwear market as a whole will benefit from these novel products.
“Global Swimwear Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Swimwear providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Asia Pacific Dominated the Market
During the forecast period, the Asia-Pacific region is anticipated to grow more quickly than the other regions. Fast-growing economies like China and India have a lot of potential for growth in the swimwear market. For instance, the huge population of China, which is discovering a passion for water sports and views swimming as the best form of physical activity, may contribute to the country's strong demand for swimwear products. As a result, the majority of domestic and international manufacturers are emphasizing functional designs for indoor swimming while also placing more emphasis on elements like performance, comfort, design, and style. Spending more money on lifestyle items and a growing preference for swimming as a pastime and recreational activity is also driving the growth of the swimwear market in Asia-Pacific as stated in the Marketlook Consulting research report “Global Swimwear Market Analysis, 2021”.
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According to Marketlook Consulting’, the key players with a considerable market share in the global Swimwear market are Adidas AG, American Eagle Outfitters Inc., Embry Holdings Ltd., Groupe Chantelle, Haddow Group, Hermes International SA, LVMH Moet Hennessy Louis Vuitton SE, Pentland Brands Ltd., Perry Ellis International Inc., PUMA SE.
Market Segmentation:
- By Fabric Type (Nylon, Polyester, Spandex)
- By Distribution Channel (Online, Offline)
- By End-user Type (Men, Women, Kids)
- By Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
- By Company (Adidas AG, American Eagle Outfitters Inc., Embry Holdings Ltd., Groupe Chantelle, Haddow Group, Hermes International SA, LVMH Moet Hennessy Louis Vuitton SE, Pentland Brands Ltd., Perry Ellis International Inc., PUMA SE)
Key questions answered in the study:
- What are the current and future trends of the Swimwear industry?
- How the industry has been evolving in terms of fabric and end-user type?
- How the competition has been shaping across the countries followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the Swimwear industry?
- What is the customer orientation, purchase behavior, and expectations from the Swimwear firms across various regions?
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UpMarketResearch offers a latest published report on “Global Swimwear and BeachwearMarket Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
The report contains 137 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.Swimwear and Beachwear market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
The report contains basic, secondary and advanced information pertaining to the Swimwear and Beachwearglobal status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 - 2023.Get FREE Exclusive PDF Sample Copy of This Report @https://www.upmarketresearch.com/home/requested_sample/3667The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Secondary research techniques are implemented for better understanding and clarity for data analysis.The report for Swimwear and Beachwearmarket industry analysis & forecast 2018-2023 is segmented into Product Segment, Application Segment & Major players.Region-wise Analysis Global Swimwear and BeachwearMarket covers:• North America• Europe• China• Japan• Southeast Asia• IndiaThe Report covers in-depth analysis as follows:• Chapter 1 Swimwear and BeachwearMarket Overview• Chapter 2 Global Economic Impact on Swimwear and BeachwearIndustry• Chapter 3 Global Swimwear and BeachwearMarket Competition by Manufacturers• Chapter 4 Global Swimwear and BeachwearProduction, Revenue (Value) by Region (2013-2018)• Chapter 5 Global Swimwear and BeachwearSupply (Production), Consumption, Export, Import by Regions (2013-2018)• Chapter 6 Global Swimwear and BeachwearProduction, Revenue (Value), Price Trend by Type• Chapter 7 Global Swimwear and BeachwearMarket Analysis by Application• Chapter 8 Global Swimwear and BeachwearManufacturers Analysis• Chapter 9 Swimwear and BeachwearManufacturing Cost Analysis• Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers• Chapter 11 Marketing Strategy Analysis, Distributors/Traders• Chapter 12 Market Effect Factors Analysis• Chapter 13 Global Swimwear and BeachwearMarket Forecast (2018-2023)Gain Full Access of Swimwear and Beachwearmarket industry analysis & forecast 2018-2023 along with complete TOC @ https://www.upmarketresearch.com/reports/swimwear-and-beachwear-market“Global Swimwear and Beachwear-Global Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
The Swimwear Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global Swimwear market are Alix, Arena Swimwear, Beachbunny Swimwear, Dolfin Swimwear, Gottex Swimwear, Nike Inc., Perry Ellis International, Inc., Roxy, TYR Swimsuits, and Zoke.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Swimwear Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/swimwear-market/download-sampleMarket DynamicsThe rising number of commercial and private swimming pools across the globe catering to the increasing demand for swimwear among consumers that is further escalating the market growth.
Moreover, rising disposable income resulting in the purchase of different kinds of swimwear products based on their comfort, activities, and fashion apparels are augmenting the market growth.
On the contrary, volatility in the prices of raw material could affect market growth.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
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