How Global Swimwear Market Players Should Strategize For 2022-2031

The global swimwear market size is expected to grow from $19.80 billion in 2021 to $21.04 billion in 2022 at a compound annual growth rate (CAGR) of 6.29%. The global swimsuit market size is expected to reach $26.86 billion in 2026 at a CAGR of 6.29%.

What is the Global Swimwear Market?

The swimwear market consists of sales of swimwear by entities (organizations, sole traders, partnership) that refers to garments and accessories worn by those who participate in water-based activities or sports like swimming, beach volleyball, surfing, jet skiing, and leisure activities such as sunbathing and others. It consists of a variety of textiles, including polyester, nylon, spandex, and other blended fibers which has a lot of flexibility and comfort. Swimwear is worn not only while swimming but also for pool parties and other outdoor places such as resorts, beaches, and others.

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What drives the Global Swimwear Market?

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. According to a study published in “Trends in Outdoor Swimming Report”, the participation in outdoor swimming across the UK increased by 1.5 and 3 times between 2019 and 2020. Overall, there has been an upsurge in outdoor swimming owing to health and recreational benefits, and equally contributing to the growth of the swimwear market.

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Global Swimwear Market Segments
The global swimwear market is segmented:
By Type: Women's Swimwear, Men's Swimwear, Goggles and Swim Caps
By Fabric Type: Nylon, Polyester, Spandex, Others
By End-User: Men, Women, Kids
By Distribution Channel: Online Stores, Offline Stores
By Geography: The regions covered in the swimwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Swimwear Global Market Report 2022provides market size and growth forecasts for the global swimwear market, global swimwear market share, swimwear market segments and geographies, swimwear market competitive landscape including leading competitors’ revenues, profiles and market shares. The swimwear market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Swimwear Industry Playersinclude American Apparel, Inc., Arena Italia S.p.A, Diana Sport, Eveden Group, Jantzen, Inc., La Perla Group, Haddow Group Plc, Nike Inc., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp), NOZONE Clothing Limited, O'Neill, Inc., PARAH S.p.A., Pentland Group plc., Speedo International Ltd., TYR Sport, Seafolly, Seaspray Swimwear, Tefron, LVMH Moet Hennessy Louis Vuitton, Chantelle Group, SUNSETS Inc., DOLFIN SWIMWEAR, and Jockey International Inc, Puma SE. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.