How Is Asia Pacific Emerging as the Top Region in the Swimwear Market?
Swimwear Market Overview:
Maximize Market Research, a leading business consultancy has recently published a research report on the Swimwear Market. The market overview provides a concise synopsis of a commercial or industrial market. Its purpose is to offer a current snapshot of the market to gain a better understanding of its key features. This summary reports profile the important criteria of a market to inform further marketing activities. The overview draws information from various sources, including government departments, trade and industry associations, market publications, industry analysis, individual companies, state economic development agencies, port authorities, information brokers, and other organizations.
Expected Expansion of Swimwear Market:
Swimwear Market size was valued at US$ 25.58 Bn. in 2023 and the total revenue is expected to row at a CAGR of 6.25% through 2024 to 2030, reaching nearly US$ 39.11 Bn.
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Dynamics of the Swimwear Market:
Both the packaging sector and commercial composite applications make extensive use of nanoclay. This is because the product enhances flame retardance by acting as an efficient nanofiller. End users of the market are increasing their investments in product research and development since they are always introducing new goods, which propels the expansion of the worldwide Swimwear market. Growing demand for Swimwear-based nanocomposites, rising disposable income, shifting lifestyles, and the expansion of the global automotive and aerospace sectors are the main drivers anticipated to propel market growth.
Swimwear Market Segmentation:
by Fabric
Neoprene
Spandex
Polyester
Others
The market is divided into Neoprene, Polyester, Spandex, and Others based on the kind of fabric. By 2030, the polyester sector is anticipated to have the most market shares. This is because of its qualities, which include being very flexible, quickly drying, and easily washable. Additionally, it increases swimwear's longevity by offering advantages like chemical, abrasion, and wrinkle resistance. Therefore, it is anticipated that the usage of cutting-edge textiles in swimwear manufacturing will propel market expansion worldwide. During the 2024–2030 forecast period, these are the main advantages propelling the polyester segment's expansion in the global market.
by End User
Women
Man
Child
The market is divided into three segments based on the end-user: women, men, and children. Over the course of the forecast period, the women's category is anticipated to rise quickly at a CAGR. This is a result of the growing fashion trend and women's desire to look fashionable at the beach or pool. Throughout the forecast period, this is the reason propelling the expansion of this market segment globally.
by Distribution Channel
Online
Offline
The market is divided into two segments based on the distribution channel: online and offline. Over the course of the forecast period, the online segment is anticipated to rise quickly at a CAGR. This is because more people are using the internet and purchasing online is becoming more popular. Throughout the forecast period, these are the main factors propelling the expansion of the online segment in the global market.
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Swimwear Market Key Players:
1. American Apparel, Inc.
2. Arena Italia S.p.A
3. Diana Sport
4. Eveden Group
5. Jantzen, Inc.
6. La Perla Group
7. Haddow Group Plc
8. Nike Inc., Boardriders, Inc.
9. Swimwear Anywhere, Inc.
10. Adidas AG
11. Dick's Sporting Goods
12. Gap Inc.
13. Phillips-Van Heusen Corporation (PVH Corp.)
14. Perry Ellis International Inc.
15. NOZONE Clothing Limited
16. O'Neill, Inc.
17. PARAH S.p.A.
18. Pentland Group plc.
19. Speedo International Ltd.
20. Quiksilver, Inc.
21. Seafolly
22. Seaspray Swimwear
23. Tefron
24. TYR Sport
25. PVH Corp.
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Key Questions Answered in the Swimwear Market Report:
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