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Swimwear Market Expected to Reach$28,148 Million, Brief Analysis on Top Key players Haddow Group Plc, Nike Inc., Boardriders, Inc., Arena Italia S.p.A., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (

12-10-2018 06:13 PM CET | Sports

Press release from: Allied Market Research

Swimwear Market

Swimwear Market

Swimwear Market by Fabric, Distribution Channel, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2024" the global swimwear market was valued at $18,454 million in 2017, and is projected to reach $28,148 million by 2024, registering a CAGR of 6.2% from 2018 to 2024. In 2017, the swimwear market for woman accounted for more than two-thirds share of the global market in terms of value.

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Swimwear is a type of clothing or costume designed to be worn by people engaged in swimming, water sports, swimming, surfing, water skiing, or even sunbathing. Different styles of modern swimsuits are available. These vary according to body coverage and materials. Different fabrics used for making swimwear include polyester, nylon, spandex, and other blended fabrics, which gives it the required stretch and makes it capable of withstanding sun, chlorine, and salt water.

Swimming is consider as a healthy and low-impact activity that has many physical and mental health benefits such as alleviating stress, building endurance, muscle strength, and cardiovascular fitness. It also helps maintain a healthy weight, healthy heart, and healthy lungs. Swimming is a great recreational activity for people of all ages. Growth in interest of consumer in swimming as recreational & fitness activity supports the growth of the global swimwear industry.

The growth of the global swimwear market is primarily driven by product innovation. The changes in fashion trends and increase in disposable income of consumer results in the increased purchase of modern and designer swimsuit, especially multifunctional one-piece and cover-ups, which are also perceived as a fashion statement, thus propelling the growth of the swimwear market. In addition, factors such as growth in demand for luxury swimwear by women, increase in family vacations along beach side, and high penetration of ecommerce platforms also boost the growth of the swimwear market.

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However, price volatility of raw materials such as polyester, nylon, polypropylene, spandex, neoprene, & other fibers and cost of designing swimwear having desired texture, design, look, and other fashion attributes affects the swimwear market size to a greater extent. In addition, to cater to the fluctuating demand for different designs and innovative swimwear, heavy inflow of investment for the R&D is required, which also hampers the growth of the swimwear market.

Use of fabrics with features such as high thermal insulation, enhanced flexibility, adequate surface friction, and lightweight nature such as neoprene has increased the production of wetsuits and swimsuits. Incorporation of such advanced fibers to develop fabrics for swimwear is expected to provide lucrative opportunities for the swimwear market. In addition, factors such as introduction of multifunctional cover-up swimwear and beachwear coupled with expansion in product line and innovations in men's swimwear also provide great opportunities for the swimwear market in the upcoming years.

In terms of value, Asia-Pacific and LAMEA collectively contributed more than 30% share in the global market in 2017. The key players operating in swimwear industry are Haddow Group Plc, Nike Inc., Boardriders, Inc., Arena Italia S.p.A., Swimwear Anywhere, Inc., Adidas AG, Dick's Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp.), and Perry Ellis International Inc.

KEY FINDINGS OF THE STUDY

• By end user, the woman swimwear segment was the highest contributor to the market in 2017, and is projected to grow at a CAGR of 6.4%.
• By fabric, the polyester segment is expected to grow at the highest CAGR of 6.5% from 2018 to 2024.
• By region, Asia-Pacific accounted for one-fifth of the share in the global swimwear market in 2017 and is projected to grow at a significant CAGR of 8.4%.
• In 2017, China accounted for the highest swimwear market share accounting approximately for 31.51% in Asia-Pacific.
• In 2017, by distribution channel, the offline segment generated the highest swimwear market share and is expected to grow at significant CAGR of 6.2%.
• By fabric, the polyester and spandex segments collectively accounted for about 65% share of the swimwear market in 2017.

LIST OF FIGURES

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. SWIMWEAR MARKET: KEY PLAYERS
FIGURE 03. TOP INVESTMENT POCKETS, 2017-2024
FIGURE 04. TOP IMPACTING FACTORS, 2017-2024
FIGURE 05. TOP WINNING STRATEGIES, BY YEAR, 2015-2018*
FIGURE 06. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2015-2018* (%)
FIGURE 07. TOP WINNING STRATEGIES, BY COMPANY, 2015-2018*
FIGURE 08. HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 09. HIGH BARGAINING POWER OF BUYERS
FIGURE 10. MODERATE THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE THREAT OF SUBSTITUTION
FIGURE 12. HIGH INTENSITY OF COMPETITIVE RIVALRY
FIGURE 13. TOP PLAYER POSITIONING, 2017
FIGURE 14. SWIMWEAR MARKET, BY END-USER, 2017 (%)
FIGURE 15. WOMEN SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 16. MEN SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 17. CHILDREN SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 18. SWIMWEAR MARKET, BY FABRIC, 2017 (%)
FIGURE 19. POLYESTER SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 20. NYLON SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 21. NEOPRENE SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 22. SPANDEX SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 23. OTHERS SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
FIGURE 24. GLOBAL SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, (%) 2017
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF SWIMWEAR MARKET, BY COUNTRY, 2016 & 2023 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF ONLINE SWIMWEAR MARKET, BY COUNTRY, 2017 & 2024 (%)
FIGURE 27. GLOBAL SWIMWEAR MARKET, BY REGION, 2017 (%)
FIGURE 28. U.S. SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 29. CANADA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 30. MEXICO SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 31. U.K. SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 32. GERMANY SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 33. FRANCE SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 34. SPAIN SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 35. ITALY SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 36. REST OF EUROPE SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 37. CHINA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 38. JAPAN SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 39. INDIA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 40. AUSTRALIA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 41. SOUTH KOREA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 42. REST OF ASIA-PACIFIC SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 43. BRAZIL SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 44. SAUDI ARABIA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 45. SOUTH AFRICA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 46. REST OF LAMEA SWIMWEAR MARKET, 2017-2024 ($MILLION)
FIGURE 47. NIKE: NET SALES, 2015-2017 ($MILLION)
FIGURE 48. NIKE: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 49. NIKE: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 50. ADIDAS AG: NET SALES, 2015-2017 ($MILLION)
FIGURE 51. ADIDAS AG: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 52. ADIDAS AG: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 53. DICK'S: NET SALES, 2015-2017 ($MILLION)
FIGURE 54. DICK'S: REVENUE SHARE BY PRODUCT, 2017 (%)
FIGURE 55. GAP INC.: NET SALES, 2015-2017 ($MILLION)
FIGURE 56. GAP INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 57. GAP INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 58. PVH CORP.: NET SALES, 2015-2017 ($MILLION)
FIGURE 59. PVH CORP.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 60. PERRY ELLIS INTERNATIONAL, INC.: NET SALES, 2015-2017 ($MILLION)
FIGURE 61. PERRY ELLIS INTERNATIONAL, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 62. PERRY ELLIS INTERNATIONAL, INC.: REVENUE SHARE BY REGION, 2017 (%)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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