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Swimwear Market Expected to Reach $28,148 Million by 2024, 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 Corp

04-11-2019 09:54 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Swimwear Market

Swimwear Market

The rise in demand for trendy and fashionable sports apparel by the middle-aged individuals segment has led the companies to launch new swimwear products to cater to the demand of the customers engaged in water-based sports. Thus, manufacturers are investing highly in R&D activities and focusing on innovations to balance between the comfort and the features of swimwear as they both have a high impact on a consumer's purchase decision.

According to a new report published by Allied Market Research, titled, 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. 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.

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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.

LIST OF TABLES

TABLE 01. GLOBAL SWIMWEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 02. WOMEN SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 03. MEN SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 04. CHILDREN SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 05. GLOBAL SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 06. POLYESTER SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 07. NYLON SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 08. NEOPRENE SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 09. SPANDEX SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 10. OTHERS SWIMWEAR MARKET, BY REGION, 2017-2024 ($MILLION)
TABLE 11. GLOBAL SWIMWEAR MARKET VALUE, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 12. OFFLINE SWIMWEAR MARKET VALUE , BY REGION, 2016-2023 ($MILLION)
TABLE 13. ONLINE SWIMWEAR MARKET VALUE, BY REGION, 2017-2024 ($MILLION)
TABLE 14. GLOBAL SWIMWEAR MARKET REVENUE, BY REGION, 2017-2024 ($MILLION)
TABLE 15. NORTH AMERICA SWIMWEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 16. NORTH AMERICA SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 17. NORTH AMERICA SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 18. NORTH AMERICA SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
TABLE 19. U.S. SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 20. U.S. SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 21. U.S. SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 22. CANADA SWIMWEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 23. CANADA SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 24. CANADA SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 25. MEXICO SWIMWEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 26. MEXICO SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 27. MEXICO SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 28. EUROPE SWIMWEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 29. EUROPE SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 30. EUROPE SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 31. EUROPE SWIMWEAR MARKET, BY COUNTRY, 2017-2024 ($MILLION)
TABLE 32. U.K. SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 33. U.K. SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 34. U.K. SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 35. GERMANY SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 36. GERMANY SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 37. GERMANY SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 38. FRANCE SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 39. FRANCE SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 40. FRANCE SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL , 2017-2024 ($MILLION)
TABLE 41. SPAIN SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 42. SPAIN SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 43. SPAIN SWIMWEAR MARKET, BY DISTRIBUTION CHANNEL, 2017-2024 ($MILLION)
TABLE 44. ITALY SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 45. ITALY SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 46. ITALY SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 47. REST OF EUROPE SWIMWEAR WEAR MARKET, BY END-USER, 2017-2024 ($MILLION)
TABLE 48. REST OF EUROPE SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 49. REST OF EUROPE SWIMWEAR MARKET, BY FABRIC, 2017-2024 ($MILLION)
TABLE 50. ASIA-PACIFIC SWIMWEAR MARKET, BY END-USER, 2017-2024 ($MILLION)

Access Full Summery @ https://www.alliedmarketresearch.com/swimwear-market?utm_source=OPR

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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