What is Valuable Growth Prospects to Develop Women’s Swimwear Market? Key Players - American Apparel Inc., Perry Ellis International INC, Arena Italia S.p.A, La Perla Group, Speedo International Limited
Swimwear is a type of clothing designed to be worn by the people who are undertaking a water based activity or water sports such as swimming, water polo, surfing, water skiing, or even leisure activities such as sun bathing. A swimsuit or swimwear is used as an garment in such type of activities and protects the wearer from sea water, which contains salts that can cause skin rashes, and the chlorinated water in swimming pools.
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This Fact.MR report on the global women’s swimwear market forecasts that the global women’s swimwear market will touch a value of nearly US$ 276 Mn in the year 2022 and grow at a sluggish CAGR during the assessment period.
The market in Europe is set to dominate the global women’s swimwear market in terms of value and this trend is projected to sustain itself throughout the assessment period. Europe women’s swimwear market is the most attractive market, nevertheless growing at a sluggish CAGR over the assessment period.
As per the forecast of Fact.MR, the one-piece swimsuits segment is expected to reach a value of nearly US$ 50 Mn in the year 2022. This represents a sluggish CAGR during the forecast period of 2017-2022. One-piece swimsuits segment is expected to account for nearly one-fifth of the revenue share of the product type segment by the year 2017 and is expected to lose market share by the end of the year 2022.
As per the forecast of Fact.MR, the nylon fabric type segment is slated to touch a figure of nearly US$ 81 Mn in the year 2022. This represents a CAGR of 3.1% during the assessment period from 2017 till the year 2022. This segment is expected to gain market share by the end of the year 2022. The nylon fabric type segment is expected to account for more than one-fourth of the revenue share of the fabric type segment by the year 2017.
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The report also profiles companies that are expected to remain active in the expansion of global women’s swimwear market through 2022, which include American Apparel, Inc, Perry Ellis International, INC, Arena Italia S.p.A, La Perla Group, Speedo International Limited, NoZONE Clothing Limited, Victoria secret, Parah S.Pa, TYR Sport, Seafolly, Adidas AG and Dick’s Sporting Goods, Inc.
4 Forecast Highlights on Global Women’s Swimwear Market
As per the forecast of Fact.MR, the tank suits segment is slated to touch a value of nearly US$ 62 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The tank suits segment is estimated to account for more than one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.
As per the forecast of Fact.MR, the polyester fabric type segment will reach a value of nearly US$ 86 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The polyester fabric type segment is estimated to account for more than one-third of the revenue share of the fabric type segment in the year 2017 end and is expected to gain market share by the end of the year 2022.
As per the forecast of Fact.MR, the low price swimwear segment is slated to reach a value of nearly US$ 100 Mn in 2022. The low price swimwear segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the Europe region in the low price swimwear segment.
Fact.MR forecasts the online stores women's swimwear segment to grow from nearly US$ 47 Mn in 2017 to US$ 56 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.4% from 2017 to 2022.
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