Press release
Global Swimwear Market to reach USD 30.5 million by 2026
The Global Swimwear Market report study a detailed outline of this business in tandem with the market's current size and status. The report firmly explains plenty of key factors including revenue share, Swimwear market size, sales volume, and growth rate of each company. It also describes the statistical information regarding the revenue, Swimwear market share and sales by regions, types, and applications. The industry report data plays a massive role in business growth. The report details the information about the global market status, competition landscape, growth rate, future trends, market drivers, challenges and opportunities and porter's forces analysis. The report contains a detailed analysis of the current market scenario as well as a market forecast till 2026. The forecast is also supported by the elements affecting the market dynamics for the forecast period. It is equipped with SWOT analysis and value chain for the companies which are deeply profiled in this report. The report distinguishes each of the outstanding obstructions to development as well as recognizes the trends inside different application segments of the global Swimwear market.Swimwear is a type of apparel particularly designed for people busy in a water-based activity or water sports like swimming, water polo, surfing, water skiing, or even leisure activities such as sunbathing. It is made by various types of fabrics such as polyester, nylon, spandex, and other blended fibers, which provide high elasticity & ease. Swimwear is a cloth used for swimming and sunbathing. For women, the Swimwear is either a two-piece bra and panty ensemble or a one-piece maillot style. Men's Swimwear is either a bikini-style brief or the longer and fuller swim trunk.
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Global Swimwear Market valued approximately USD 19.6 million in 2018 is anticipated to grow with a CAGR of 6.5% over the forecasted period of 2019-2026. The Swimwear market is developing and expanding at a significant pace. Swimwear is a type of clothing specially designed for people engaged in a water-based activity or water sports such as swimming, water polo, surfing, water skiing, or even leisure activities such as sunbathing. It is also used to avoid skin rashes caused due to contact with pool chlorinated water. The market growth is primarily driven by product innovation, rising preference towards swimming and growth in the disposable income of the individuals. Additionally, change in fashion trends, rising demand for luxury swimwear by women, growth in e-commerce platform and growing vacations along beachside are further estimated to boost the demand for swimwear. However, fluctuations in prices of raw materials and high expenses associated with the design are expected to hamper the market growth.
The regional analysis of the Global Swimwear Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the fastest-growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, the Asia Pacific region is anticipated to be the dominating region over the forecast period 2019-2026.
The leading market players mainly include: Haddow Group Plc, Nike Inc, Boardriders, Inc, Adidas AG, Gap Inc, Perry Ellis International Inc, Epicore, Arena Italia SPA
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type: Polyester, Nylon, Neoprene, Spandex, Others
By Distribution Channel: Offline, Online
By End User: Woman, Man, Child
By Regions: North America, U.S., Canada, Europe, UK, Germany, Asia PacificChina, India, Japan, Latin America, Brazil, Mexico, Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2016, 2017
Base year - 2018
Forecast period - 2019 to 2026
Target Audience of the Global Swimwear Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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In the end, Swimwear Market Report delivers a conclusion that includes Breakdown and Data Triangulation, Consumer Needs/Customer Preference Change, Research Findings, Market Size Estimation, Data Source. These factors will increase the business overall.
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Angela Brown
Global Strategic Consultant
Email Id: angela@industryandresearch.com
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