Global Swimwear Market valued approximately USD 19.6 million in 2018 is anticipated to grow with a CAGR of 6.5% over the forecasted period of 2019-2026. The Swimwear market is developing and expanding at a significant pace. Swimwear is a type of clothing specially designed for people engaged in a water-based activity or water sports such as swimming, water polo, surfing, water skiing, or even leisure activities such as sunbathing. It is also used to avoid skin rashes caused due to contact with pool chlorinated water.
The market growth is primarily driven by product innovation, rising preference towards swimming and growth in disposable income of the individuals. Additionally, change in fashion trends, rising demand for luxury swimwear by women, growth in e-commerce platform and growing vacations along the beach side are further estimated to boost the demand for swimwear. However, fluctuations in prices of raw materials and high expenses associated with the designing are expected to hamper the market growth.
The regional analysis of Global Swimwear Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest-growing region across the world in terms of market share. Whereas, owing to countries such as China, Japan, and India, the Asia Pacific region is anticipated to be the dominating region over the forecast period 2019-2026.
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The leading market players mainly include-
Haddow Group Plc
Nike Inc
Boardriders, Inc
Adidas AG
Gap Inc
Perry Ellis International Inc
Epicore
Arena Italia SPA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Polyester
Nylon
Neoprene
Spandex
Others
By Distribution Channel:
Offline
Online
By End User:
Woman
Man
Child
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Swimwear Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Customizations available
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Organization: Planet Market Reports
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