Swimwear Market Analysis: Exploring Market Segments and Consumer Preferences

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The global swimwear market had a value of US $24.08 billion in 2022, and it is anticipated to grow at a CAGR of 6.25% from 2022 to 2029 to reach US $32.62 billion. Swimwear is a category of clothing that is specifically made for persons who participate in water-based activities or water sports like swimming, water polo, surfing, water skiing, or even just relaxing activities like sunbathing. It is constructed from a variety of materials, including blends of spandex, nylon, polyester, and other fibres that have excellent elasticity and comfort.

Global Swimwear Market size was valued at US$ 24.08 Bn. in 2022 and the total revenue is expected to row at a CAGR of 6.25% through 2023 to 2029, reaching nearly US$ 36.82 Bn.

What are Swimwear Market Scope?

An inside look into the market’s sharks, including their financial standing, revenue, technological improvements, mergers and acquisitions, most recent innovations, marketing strategies, alliances, and joint ventures, is provided by a competitive study of the Swimwear market. The Swimwear Market research uses historical data, consumer behaviour, and market volatility to create microanalyses with precise drawings, graphs, and easy-to-understand language to aid users in understanding the major themes and general characteristics of the industry.

The SWOT analysis and Porter’s Five Forces analysis, which are common & well-known full-proof methodologies to provide analysis of the Market, are used to analyse the restraints, opportunities, challenges, and risks in the Swimwear Market research.

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Swimwear Market Overview

In-depth information about market size, market dynamics, strategies, revenue, pricing analysis, micro and macro market trends and scenarios, and industry benchmarks are provided in the industry overview. Market size, regional consumer preferences, and industrial competition are all explored in detail.

What is Swimwear Market Segmentation?

by Fabric

Neoprene
Spandex
Polyester
Others

The market is divided into Neoprene, Polyester, Spandex, and Others based on the kind of fabric. By 2029, the polyester sector is anticipated to have the highest market share . This is as a result of its qualities, including being quickly dried, very flexible, and easily washable. Additionally, by offering advantages like wrinkle resistance, abrasion resistance, and chemical resistance, it increases the toughness of swimwear. As a result, the usage of cutting-edge materials in the manufacture of swimwear is anticipated to fuel market expansion globally. During the forecast period of 2023–2029, these are the main advantages that propel the expansion of the polyester segment in the worldwide market.

 

by End User

Women
Man
Child

The market is divided into Online and Offline segments based on the distribution channel. The online market is anticipated to have high CAGR growth throughout the forecast period. This is a result of rising internet usage and the growing popularity of online shopping. These are the primary factors that, during the course of the projection period, will fuel the expansion of the online market.

by Distribution

Channel Online
Offline        

The market is divided into three categories based on the end-user: women, men, and children. During the projection period, the women’s segment is anticipated to expand quickly at a CAGR of. This is a result of women’s desire to be fashionable and look good at the beach or pool. This is the motivating element behind this growth.

Swimwear Market Report Research Methodology

The size of the Swimwear Market for each segment was estimated using a variety of secondary sources, such as trade publications, white papers, and journals. The main methodologies were surveys, distributing questionnaires, and conducting telephone interviews with experts in the Swimwear industry, Market leaders, business owners, and marketers. The PESTLE analysis was performed to determine how the micro- and macro-economic factors affecting the market for Swimwear would affect it.

The industry’s competition is thoroughly examined, including market leaders, followers, and new entrants. In-depth primary research was undertaken to gather data, verify, and confirm the important figures arrived at following thorough engineering and calculations for the Swimwear Market statistics, including market size estimates, market projections, market breakdowns, and data triangulation. The company’s annual reports, articles, paid and free databases, etc. were used to gather the secondary data. The bottom-up method was employed to calculate the size of the regional and Swimwear markets.

What are Swimwear Market Regional Insights?

The study aids in developing and putting into action fresh strategies that are appropriate for and properly applicable to particular markets in the world.

The report’s in-depth regional analysis helps stakeholders, new entrants, investors, entrepreneurs, researchers, market followers, and players by providing an accessible illustration of the market’s many components and a future perspective with anticipated risks and trends. The Swimwear Market underwent a competitive regional study, which included both existing market competitors and recent market entrants. Gaining a thorough understanding of the market structure and growth strategies of various players requires thorough investigation.

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Who are Swimwear Market Key Players?

1. American Apparel, Inc.
2. Arena Italia S.p.A
3. Diana Sport
4. Eveden Group
5. Jantzen, Inc.
6. La Perla Group
7. Haddow Group Plc
8. Nike Inc., Boardriders, Inc.
9. Swimwear Anywhere, Inc.
10. Adidas AG
11. Dick’s Sporting Goods
12. Gap Inc.
13. Phillips-Van Heusen Corporation (PVH Corp.)
14. Perry Ellis International Inc.
15. NOZONE Clothing Limited
16. O’Neill, Inc.
17. PARAH S.p.A.
18. Pentland Group plc.
19. Speedo International Ltd.
20. Quiksilver, Inc.
21. Seafolly
22. Seaspray Swimwear
23. Tefron
24. TYR Sport
25. PVH Corp.

Table of content for the Swimwear Market includes:

1. Preface

1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered

2. Assumptions and Research Methodology

2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology

3. Executive Summary

3.1. Global Swimwear Market Size, by Market Value (US$ Bn) and Market, by Region

4. Market Overview

4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis
4.3.6. Key Trends in Global Swimwear Market

 

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by Product
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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