Global Swimwear Market Size, Trends and Growth Opportunity, By End-User (Women, Men And
Children), By Fabric (Polyester, Nylon and Others), By Distribution (Offline and Online) By Region And
Forecast Till 2027
Global Swimwear Market
The global Swimwear Systems market was valued at US$ 3.5 billion in 2021 and it is expected to reach at US$ 9.8 billion in 2027 at a CAGR of 10% during forecast period 2022-2027.
A swimwear is a piece of clothing that is worn by people engaged in water- based activity or water sports, such as swimming, sunbathing. It is made by different types of fabrics such as polyester, nylon, neoprene and other blended fibers which offer high elasticity and comfort. Swimwear is also used as semi-casual wear for pool-parties and outdoor venues such as resorts and restaurants.
Market Drivers
The significant rise in swimming and recreational activities propelling the growth of swimwear market. Also rising demand for long-sleeve swimwear due to harmful effect of UV rays which can lead to skin tanning, rashes, sunburns or skin cancer in extreme cases. Women swimwear market is witnessing a significant growth, which encourage vendor to launch innovative swimwear that protect from harmful UV rays. Moreover, consumer inclination towards fitness and water sports influence the growth of this market.
Market Restraints
A cultural restriction regarding the adoption of swimwear is the key factor in restraining the growth of this market. In many countries across Middle East, Asia wearing revealing clothes is still a taboo for women and against cultural norms. Hence, cultural stigma related to swimwear is a restraining factor in growth of this market.
COVID-19 Impact on Swimwear Market
With the outbreak of covid-19 the swimwear market adversely affected like any other industry. Many swimming were forced to close down to reduce the spread of corona virus, many swim shows got cancelled due to lockdown imposed by government. However, after the initiation of vaccine in 2021 the reopening of leisure activities such as swimming event has increased the demand for swimwear market.
Market Segmentation
The global swimwear market segmented on the basis of end-use, fabric and distribution channel. On the basis of end-user it segmented into women, men and children. On the basis of fabric it segmented into polyester, nylon, neoprene and spandex. On the basis of distribution channel it segmented into offline and online.
Regional Analysis
The global swimwear market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. Asia-Pacific is expected to remain at the forefront and experience a higher growth than any other region. Country like china shows a significant growth in this market as they considered swimming is the best form of physical exercise, manufacturer are also focussing on innovation in swimwear to provide comfort and style. These factors are escalating the growth of this market.
Key Players
Various key players are listed in this report such as Haddow Group Plc, Nike,Inc, Boardriders,Inc, Arena Italia S.p.A, Swimwear Anywhere, Inc, Adidas AG, Dick's Sporting Goods, Inc, Gap Inc, PVH Corp, and Perry Ellis International, Inc.
Market Taxonomy
By End-User
Women
Men
Children
By Fabric
Polyester
Nylon
Neoprene
Spandex
By Distribution
Offline
Online
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Swimwear Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook