The Global Swimwear (Swimsuit) Market was expected to grow at a compound annual growth rate (CAGR) of approximately 6% from 2023 to 2032. The market size was valued at around USD 19.7 billion in 2021, and it was projected to reach around USD 28.8 billion by 2032
The Swimwear (Swimsuit) market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Swimwear (Swimsuit) market. On the basis of historic growth analysis and current scenario of Swimwear (Swimsuit) market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Swimwear (Swimsuit) market. This further helps user with their developmental strategy.
The growth of the swimwear market is driven by several factors, including an increase in demand for fashionable and trendy swimwear, the rise in the number of people engaging in water-based activities and water sports, and the growing popularity of beach holidays and pool parties. Additionally, the growing awareness of the health benefits of swimming has also contributed to the growth of the swimwear market.
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Market Segmentation:
The market is segmented by type, gender, and distribution channel. Based on type, the market is segmented into one-piece swimwear, two-piece swimwear, and others. Based on gender, the market is segmented into women, men, and children. Based on distribution channel, the market is segmented into offline and online channels.
The global swimwear (swimsuit) market can be segmented based on several factors such as product type, gender, age group, distribution channel, and geography. Here are some of the common segmentation approaches:
- By Product Type: The swimwear market can be segmented into different product types such as one-piece swimsuits, bikini/swim briefs, swim shorts/trunks, rash guards, and others.
- By Gender: The market can be segmented into men’s swimwear, women’s swimwear, and kids’ swimwear.
- By Age Group: The market can be segmented into different age groups such as toddlers, children, teenagers, and adults.
- By Distribution Channel: The market can be segmented based on the distribution channel such as online retail, specialty stores, supermarkets/hypermarkets, and others.
- By Geography: The market can be segmented based on the geographical regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and South America.
Key Player:
Some of the key players operating in the swimwear market include Speedo International Ltd., Arena Italia S.p.A., Adidas AG, Nike Inc., Perry Ellis International Inc., PVH Corp., Quiksilver Inc., TYR Sport Inc., and Under Armour Inc.
Regional Analysis:
Geographically, the swimwear market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. As of 2021, the Asia Pacific region held the largest share of the market, followed by North America and Europe.
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Swimwear (Swimsuit) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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