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Emerging Trends Influencing The Growth Of The Swimwear Market: Advancements In Swimwear Fabrics With Eco-Conscious Material Innovation
The Swimwear Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Swimwear Market Size and Projected Growth Rate?
There has been a robust growth in the swimwear market size over the past few years. The market is projected to expand from $24.24 billion in 2024 to hit $26.03 billion in 2025, underpinning a compound annual growth rate (CAGR) of 7.4%. This historical growth trajectory is attributed to the surge in beach tourism, the body positivity movement, cultural influences, seasonal demand, and strategic marketing campaigns.
The size of the swimwear market is predicted to witness substantial expansion in the upcoming years, reaching a value of $34.92 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 7.6%. The surge within this forecast period is due to factors such as attention towards sustainability, incorporation of resort wear, inclusivity in sizing and body positivity, customization and personal preferences, influence of athleisure. Forecast period trends include the versatility of design, digital transformation in retail, audacious prints and hues, partnerships with celebrities, modest swimwear choices, and use of virtual try-on technologies.
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What Are the Major Segments in the Swimwear Market?
The swimwear market covered in this report is segmented -
1) By Type: Women's Swimwear, Men's Swimwear, Goggles And Swim Caps
2) By Fabric Type: Nylon, Polyester, Spandex, Other Fabric Types
3) By End-User: Men, Women, Kids
4) By Distribution Channel: Online Stores, Offline Stores
Subsegments:
1) By Women's Swimwear: One-Piece Swimsuits, Bikinis, Tankinis, Swim Dresses, Rash Guards
2) By Men's Swimwear: Swim Trunks, Board Shorts, Jammers, Briefs, Swim Shirts
3) By Goggles And Swim Caps: Competitive Swim Goggles, Recreational Swim Goggles, Silicone Swim Caps, Latex Swim Caps, Specialty Swim Caps
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What Are The Driving Swimwear Market Evolution?
The swimwear market is anticipated to expand due to the increasing interest of consumers in water-related activities. There's a burgeoning trend of participating in sports activities, especially those related to health, and the escalating number of global water sport events, which are driving consumers towards water sports and recreational activities. For instance, as per data from the Livestrong Foundation, a nonprofit organization based in the US, in October 2023 it was reported that annually, over 91 million Americans, representing 31% of the population, indulge in swimming activities in lakes, rivers, and oceans. It stated that 36% of children between the ages of 7 and 17 swim a minimum of six times yearly, and 15% of adults achieve the same milestone. In general, the increased participation in open-air swimming, due to its health and recreational advantages, is equally fostering the growth of the swimwear market.
Which Firms Dominate The Swimwear Market Segments?
Major companies operating in the swimwear market include PVH Corp, Pentland Group, Wacoal, Perry Ellis International, Quiksilver Inc., Speedo International Limited, Arena S.p.A, Arena Italia S.p.A, La Perla Group, PARA S.p.A., Hosa Industrial Co Ltd., TYR Sport Inc., Seafolly, Jantzen Inc., Gottex Swimwear, Moeva Swimwear, Diana Sport, Eveden Group, Dolfin Swimwear, Calzedonia Group, Zoke, Seaspray Swimwear, NOZONE, LIVIN' SWIMWEAR, ND Swimwear, Derong Group, David Mare
What Trends Are Expected to Dominate the Swimwear Market in the Next 5 Years?
Leading swimwear market giants are turning towards the use of environmentally-friendly materials, such as recycled fabrics, to satisfy customer preferences and enhance comfort. Resorting to the use of recycled fabrics like those obtained from discarded fishing nets and plastics provide a durable, comfortable, and ecologically sound alternative to traditional swimwear materials, thereby aiding conservation endeavors. For instance, in January 2024, Vitamin A, a reputed American brand known for its trendy and sustainable swimwear, came out with the ReLux range comprising swimwear fashioned from recycled materials. More precisely, this innovative fabric is a combination of 80% reclaimed ghost fishing nets and 20% recycled spandex. The launch of this collection targets the critical environmental concern of abandoned or lost fishing nets - commonly known as ghost nets - that gravely threaten aquatic life. The ReLux swimwear range, which includes bikinis and single-piece suits, is priced at anything between $200 and $240. The fabric has been designed to be as soft and stretchy as traditional swimwear materials, while simultaneously contributing to the preservation of the ocean environment.
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Which Is The Largest Region In The Swimwear Market?
Asia-Pacific was the largest region in the swimwear market in 2024. The regions covered in the swimwear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Swimwear Market?
2. What is the CAGR expected in the Swimwear Market?
3. What Are the Key Innovations Transforming the Swimwear Industry?
4. Which Region Is Leading the Swimwear Market?
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