The Swimwear Global Market Report 2023 by The Business Research Company, provides swimwear market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
Learn More On The Swimwear Market:
https://www.thebusinessresearchcompany.com/report/swimwear-global-market-report
According to The Business Research Company’s Swimwear Global Market Report 2023, the market size will grow from $21.18 billion in 2022 to $22.6 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of swimwear is expected to grow to $28.84 billion in 2027 at a CAGR of 6.3%.
Growing consumer inclination towards water activities is expected to propel the growth of the swimwear market. The rising popularity of sports activities, particularly for health reasons and the growing number of international water sporting events, are pushing consumers to participate in water sports and recreational activities.
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The swimwear market is segmented:
1) By Type: Women’s Swimwear, Men’s Swimwear, Goggles and Swim Caps
2) By Fabric Type: Nylon, Polyester, Spandex, Other Fabric Types
3) By End-User: Men, Women, Kids
4) By Distribution Channel: Online Stores, Offline Stores
Developing fabrics that improve their elasticity and efficacy is a key trend in the swimwear market. Elasticity is crucial in swimwear as it shapes the body and keeps the garment firmly against your body. The elastic in swimwear withstands chlorinated water, salt water, and the sun. The companies operating in the swimwear market are developing innovative fabrics to meet customer-centric demands and increase comfort. For instance, in May 2021, MeUndies, a US-based manufacturer of activewear launched a new swimwear collection manufactured with fabric sourced from recycled plastic bottles and recycled nylon material. The new fabric is eco-friendly, soft, super-elastic in nature and safe for oceans.
The swimwear market report table of contents includes:
1. Executive Summary
2. Swimwear Market Characteristics
3. Swimwear Market Trends And Strategies
4. Swimwear Market – Macro Economic Scenario
5. Swimwear Market Size And Growth
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26. Africa Swimwear Market
27. Swimwear Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Swimwear Market
29. Swimwear Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- American Apparel, Inc
- Arena Italia S.p.A
- Diana Sport
- Eveden Group
- Jantzen, Inc
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