Swimwear Market: Trends and Projections

The global swimwear market is experiencing notable growth, driven by factors such as increased disposable income, a rising focus on health and fitness, and a growing interest in leisure and recreational activities.​

Market Size and Growth

  • 2024 Projection: Estimates suggest the market will reach USD 25.58 billion in 2024.

  • 2030 Projection: Forecasts indicate the market will expand to USD 39.11 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 6.25% from 2024 to 2030.

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Challenges

  • Cost Factors: High-quality PPE can be expensive, posing challenges for small and medium-sized enterprises (SMEs) in adopting comprehensive safety measures.

  • Supply Chain Disruptions: Global events, such as pandemics, can lead to shortages and delays in PPE supply, affecting industries' ability to maintain safety standards.

Swimwear Market Regional Insights:

Improved dependability and increasing demand drive growth in the Swimwear Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Swimwear market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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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 2030, the polyester sector is anticipated to have the most market shares. This is because of its qualities, which include being very flexible, quickly drying, and easily washable. Additionally, it increases swimwear's longevity by offering advantages like chemical, abrasion, and wrinkle resistance. Therefore, it is anticipated that the usage of cutting-edge textiles in swimwear manufacturing will propel market expansion worldwide. During the 2024–2030 forecast period, these are the main advantages propelling the polyester segment's expansion in the global market.

by End User

Women
Man
Child

The market is divided into three segments based on the end-user: women, men, and children. Over the course of the forecast period, the women's category is anticipated to rise quickly at a CAGR. This is a result of the growing fashion trend and women's desire to look fashionable at the beach or pool. Throughout the forecast period, this is the reason propelling the expansion of this market segment globally.

by Distribution Channel

Online
Offline

The market is divided into two segments based on the distribution channel: online and offline. Over the course of the forecast period, the online segment is anticipated to rise quickly at a CAGR. This is because more people are using the internet and purchasing online is becoming more popular. Throughout the forecast period, these are the main factors propelling the expansion of the online segment in the global market.

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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.

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Key questions answered in the Swimwear Market are:

  • Who are the leading companies and what are their portfolios in Swimwear Market?
  • What segments are covered in the Swimwear Market?
  • Who are the key players in the Swimwear market?
  • What is Swimwear?
  • What was the Swimwear market size in 2023?
  • What is the growth rate of the Swimwear Market?
  • Which are the factors expected to drive the Swimwear market growth?
  • What are the different segments of the Swimwear Market?
  • What growth strategies are the players considering to increase their presence in Swimwear?
  • What are the upcoming industry applications and trends for the Swimwear Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Swimwear Market?
  • What segments are covered in the Swimwear Market?

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