Swim Wear Market By Product (One-piece swimsuits, Tank Suits and Sling Bikini), By End User (Adult swim wear , Children’s swim wear), By Distribution Channel(Departmental stores, Retail stores) - Global Outlook Analysis and Industry Forecast, 2018-2023

Global Swim Wear Market was valued at USD XX% Billion in the year 2017. Global Swim Wear Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD 23.8 Billion by the year 2023. The North America region holds the highest market share in 2017 and the Asia Pacific is considered as the fastest growing market in the forecasted period. Brazil and U.S are expected to grow rapidly in the coming years due to high rate of population and inclination of the people towards a healthy lifestyle.

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Gildan Active wear SRL (Canada), Arena Italia S.p.A (Italy), Diana Sport (Italy) are some of the key players in the Global Swim Wear Market. Rising research and development expenses cater to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

• Increasing number of public swimming enrolments
• Inclination towards healthy lifestyle

Restraints:

• Expensive and not so cost friendly
• Volatility in raw material prices

Opportunities:

• Growing demand for eco-friendly swimwear
• Demand for fashionable poolside apparel

Challenges:

• Intense competition among the producers
• Active wear being used as substitutes for swimwear

The Global Swim Wear Market is segmented as By Product, End User, Distribution Channel and Region.

The Product segment, is divided into four segments – One piece swimsuits, tank suits, sling bikini, pretzel suit and monokini. The End Use segment is divided as adult swim wear and children’s swim wear. Adult segment contributes to the highest market share in the end user segment. The Distribution channel is divided into departmental stores, retail stores and e-commerce.

The Distribution Channel segment is divided as departmental stores, retail stores and e-commerce in which departmental stores segment have the highest share in the market as a result of growing inclination towards healthy and active lifestyle.

Among all, it is expected that the women’s swimwear segment will be growing at a moderate CAGR of XXX % in the assessment period.

Brazil and U.S are expected to grow rapidly in the coming years due to high rate of population and inclination of the people towards a healthy lifestyle.

Key Benefits for Stakeholders

• Swimwear Manufacturers, Distributors and Retailers
• Textile industries
• Research and Consulting organization
• Government agencies & authorities

By Product

• One-piece swimsuits
• Tank Suits
• Sling Bikini
• Pretzel Suit
• Monokini

By End User

• Adult swim wear (men and women)
• Children’s swim wear

By Distribution Channel

• Departmental stores
• Retail stores
• E-commerce

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Gildan Activewear SRL
• Arena Italia S.p.A
• Diana Sport
• Eveden Group
• Jantzen
• La Parela
• Nozone Clothing
• O’Neill
• Parah SpA
• Pentlands Brands Ltd.

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This release was published on openPR.