Swimwear Market Projected to Reach $20.12 Billion by 2029 with a 4.7% CAGR - TechSci Research Analysis

Swimwear Market Projected to Reach $20.12 Billion by 2029 with a 4.7% CAGR - TechSci Research Analysis
As per TechSci Research's latest report, "Global Swimwear Market - Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029", the market reached USD 20.12 Billion in 2023 and is poised to grow at a 4.7% CAGR during the forecast period of 2025-2029. The global swimwear market, a vibrant and dynamic industry, experiences growth, challenges, and trends driven by various factors.

An influential factor in market dynamics is the ever-evolving fashion landscape. Swimwear has transcended its functional role to become a fashion statement, shaped by social media, celebrities, and fashion influencers. Consumer preferences, influenced by the latest trends, drive the demand for diverse designs and styles, fostering continuous innovation within the industry. Established and emerging brands respond to this demand by introducing new collections, collaborating with designers, and offering inclusive sizing to cater to diverse body types and fashion preferences.

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In the global swimwear market, a recent noteworthy trend is the increasing demand for polyester swimwear. Polyester is gaining popularity due to its versatile properties, including quick-drying capabilities, durability, and resistance to chlorine and UV rays. Its capacity to retain vibrant colors positions it as a preferred choice for fashionable swimwear designs. The segment is not only growing because of its performance features but also as brands increasingly integrate sustainable polyester options, aligning with eco-friendly practices.

Additionally, there is a substantial shift towards online sales channels in the market. The convenience, accessibility, and diverse options provided by online platforms have led to a growing preference for online shopping.

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The global swimwear market is marked by a dynamic interplay of drivers, challenges, and trends. Its evolution from a mere functional necessity to a fashion-forward market reflects changing consumer preferences and the influence of broader societal trends. Adapting to challenges and embracing sustainability, technological innovations, and shifts in consumer behaviour, the market remains a vibrant and competitive landscape, offering diverse choices for consumers seeking both style and functionality in their swimwear.
The Global Swimwear Market is categorized into material, end user, distribution channel, regional distribution, and company. Material segmentation includes Polyester, Nylon, Neoprene, Spandex, and Others. End user segmentation comprises Women, Men, and Children. The distribution channel is divided into Online and Offline. Regionally, the market is segmented into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Unlock Essential Insights: Discover the Key Takeaways for Actionable Information!
• Swimwear Market is expected to grow at a CAGR of 4.7% during the forecast period.
• Swimwear Market has a valuation of US$ 20.12 Billion as of 2029.
• North America currently holds the title of the largest Market for swimwear.
• Online sales channels provide a diverse array of options, allowing customers to explore and compare various cosmetic products.
• In terms of type, the cages segment claims the top spot in Swimwear Market share.
• When considering the sales channel, the portable swimwear retailers segment takes the lead in Market share.
• Focusing on the price range, the premium segment secures the highest Market share in the Swimwear Market.
Competitive Landscape

TechSci Research provides the Global Swimwear Market report, offering customization options tailored to meet specific company requirements based on the provided market data. The report provides the following customization alternatives:

Recent Developments
• In January 2023, The Gap, Inc.'s Old Navy brand broadened its franchise operations to encompass more than ten markets, with a specific emphasis on Latin America.
• In 2022, Adidas AG revealed its plans for expanding its North American headquarters by acquiring a building in North Portland, adjacent to its existing site.

Major companies operating in Global Cosmetic Products
Market are:
Dick's Sporting Goods Inc., Arena S.p.A, Pentland Brands Limited, Nike Inc., Swimwear Anywhere, Inc., PVH Corp., Perry Ellis International, Inc., Adidas AG, Boardriders Inc., The Gap, Inc.

Market Segmentation for Swimwear Market:
• Swimwear Market, By Material:
o Polyester
o Nylon
o Neoprene
o Spandex
o Others
• Swimwear Market, By End User:
o Women
o Men
o Children
• Swimwear Market, By Distribution Channel:
o Online
o Offline
• Swimwear Market, By Region:
o North America
 United States
 Canada
 Mexico
o Europe
 France
 Germany
 Spain
 Italy
 United Kingdom
o Asia-Pacific
 China
 Japan
 India
 Vietnam
 South Korea
o Middle East & Africa
 South Africa
 Saudi Arabia
 UAE
 Turkey
 Kuwait
 Egypt
o South America
 Brazil
 Argentina
 Colombia

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Table of Content
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Market Overview
3.2. Market Forecast
3.3. Key Regions
3.4. Key Segments
4. Voice of Customer
4.1. Factors Influencing Purchase Decision
4.2. Sources of Information
5. Global Swimwear Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Material Market Share Analysis (Polyester, Nylon, Neoprene, Spandex, Others)
5.2.2. By End User Market Share Analysis (Women, Men, Children)
5.2.3. By Distribution Channel Market Share Analysis (Online, Offline)
5.2.4. By Regional Market Share Analysis
5.2.4.1. North America Market Share Analysis
5.2.4.2. Europe Market Share Analysis
5.2.4.3. Asia-Pacific Market Share Analysis
5.2.4.4. Middle East & Africa Market Share Analysis
5.2.4.5. South America Market Share Analysis
5.2.5. By Top 5 Companies Market Share Analysis, Others (2023)
5.3. Global Swimwear Market Mapping & Opportunity Assessment
5.3.1. By Material Market Mapping & Opportunity Assessment
5.3.2. By End User Market Mapping & Opportunity Assessment
5.3.3. By Distribution Channel Market Mapping & Opportunity Assessment
5.3.4. By Regional Market Mapping & Opportunity Assessment
6. North America Swimwear Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Material Market Share Analysis
6.2.2. By End User Market Share Analysis
6.2.3. By Distribution Channel Market Share Analysis
6.2.4. By Country Market Share Analysis
6.2.4.1. United States Swimwear Market Outlook
6.2.4.1.1. Market Size & Forecast
6.2.4.1.1.1. By Value
6.2.4.1.2. Market Share & Forecast
6.2.4.1.2.1. By Material Market Share Analysis
6.2.4.1.2.2. By End User Market Share Analysis
6.2.4.1.2.3. By Distribution Channel Market Share Analysis
6.2.4.2. Canada Swimwear Market Outlook
6.2.4.2.1. Market Size & Forecast
6.2.4.2.1.1. By Value
6.2.4.2.2. Market Share & Forecast
6.2.4.2.2.1. By Material Market Share Analysis
6.2.4.2.2.2. By End User Market Share Analysis
6.2.4.2.2.3. By Distribution Channel Market Share Analysis
6.2.4.3. Mexico Swimwear Market Outlook
6.2.4.3.1. Market Size & Forecast
6.2.4.3.1.1. By Value
6.2.4.3.2. Market Share & Forecast
6.2.4.3.2.1. By Material Market Share Analysis
6.2.4.3.2.2. By End User Market Share Analysis
6.2.4.3.2.3. By Distribution Channel Market Share Analysis

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TechSci Research is a management consulting firm centered on research, offering global Market research and advisory solutions across various industries. The core principles guiding TechSci Research are value, integrity, and insight. With a team of dynamic industry experts at the helm, TechSci Research delivers high-value Market research and advisory services to clients worldwide. These services aid in identifying new Market opportunities, growth strategies, and innovative approaches to secure Market share. Consequently, TechSci's clients are positioned as leaders, pioneering Market trends rather than merely following them.

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