Swimwear Market by Material (Polyester/Nylon, Spandex), by End-user (Men, Women, Kids), by Distribution Channel (Online, Offline), by By Material (Polyester/Nylon, Spandex) Forecast 2024-2032
The Swimwear Market size was valued at USD 19.79 USD Billion in 2023 and is projected to reach USD 26.64 USD Billion by 2032, exhibiting a CAGR of 4.34 % during the forecast period. The swimwear category includes various types of clothing that can be worn during water-based activities, swimming or engaging in beach sports, and sunbathing. This makes the attire come in many types which can be preferred depending on the activities we are to undertake. Swimwear varies from the conventional one-piece swimsuits to the trendy bikinis and board shorts for males. Some features of swimwear are rapid-drying materials, sun protection, and more comfortable models for longer wearing in water. These features ensure that the swimwear serves the basic needs of functionality and fashion for various applications. Swimwear has become perfect for relaxing by the pool, catching some waves, or engaging in any water activities because of its comfort and flexibility.
Material:
End-user:
Distribution Channel:
The global swimwear market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is the largest market for swimwear, followed by Europe. The Asia-Pacific region is expected to be the fastest-growing market for swimwear over the next few years.
The consumers of swimwear are predominantly women, followed by men and children. Women are more likely to purchase swimwear than men, as they have a wider range of styles and options to choose from. Children are also a significant consumer group for swimwear, as they need swimwear for swimming lessons, water sports, and other activities.
In recent years, there have been a number of acquisitions and mergers in the swimwear market. For example, in 2019, LVMH acquired the swimwear brand Eres. In 2018, Nike acquired the swimwear brand Hurley. These acquisitions and mergers are a sign of the growing consolidation in the swimwear market.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 4.34% from 2018-2032 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 4.34% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
MR Forecast provides premium market intelligence on deep technologies that can cause a high level of disruption in the market within the next few years. When it comes to doing market viability analyses for technologies at very early phases of development, MR Forecast is second to none. What sets us apart is our set of market estimates based on secondary research data, which in turn gets validated through primary research by key companies in the target market and other stakeholders. It only covers technologies pertaining to Healthcare, IT, big data analysis, block chain technology, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), Energy & Power, Automobile, Agriculture, Electronics, Chemical & Materials, Machinery & Equipment's, Consumer Goods, and many others at MR Forecast. Market: The market section introduces the industry to readers, including an overview, business dynamics, competitive benchmarking, and firms' profiles. This enables readers to make decisions on market entry, expansion, and exit in certain nations, regions, or worldwide. Application: We give painstaking attention to the study of every product and technology, along with its use case and user categories, under our research solutions. From here on, the process delivers accurate market estimates and forecasts apart from the best and most meaningful insights.
Products generically come under this phrase and may imply any number of goods, components, materials, technology, or any combination thereof. Any business that wants to push an innovative agenda needs data on product definitions, pricing analysis, benchmarking and roadmaps on technology, demand analysis, and patents. Our research papers contain all that and much more in a depth that makes them incredibly actionable. Products broadly encompass a wide range of goods, components, materials, technologies, or any combination thereof. For businesses aiming to advance an innovative agenda, access to comprehensive data on product definitions, pricing analysis, benchmarking, technological roadmaps, demand analysis, and patents is essential. Our research papers provide in-depth insights into these areas and more, equipping organizations with actionable information that can drive strategic decision-making and enhance competitive positioning in the market.