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Swimwear Market Trends

  • Report ID: GMI8771
  • Published Date: Apr 2024
  • Report Format: PDF

Swimwear Market Trends

As swimwear becomes increasingly fashionable and trend-driven, it intersects with broader apparel trends. Consumers often seek swimwear that reflects their personal style and follows fashion trends. This cross-pollination encourages consumers to view swimwear as part of their overall wardrobe, thereby expanding the market for swimwear as a category within the larger apparel market. Advancements in fabric technology, such as moisture-wicking materials, UV protection, and sustainable fabrics, not only enhance the swimwear performance but also attract consumers looking for functional & versatile apparel. These innovations broaden the appeal of swimwear beyond traditional beach or pool settings, driving sales and contributing to the overall apparel market growth.
 

Additionally, swimwear is closely tied to seasonal changes and lifestyle shifts. As people travel more frequently, engage in outdoor activities, or seek leisure experiences, the demand for swimwear rises. This encourages retailers to diversify their offerings and promote swimwear alongside other seasonal apparel, contributing to overall market growth. The proliferation of e-commerce platforms and digital marketing channels has transformed the way consumers shop for swimwear. Online retailers offer a vast selection, personalized recommendations, and convenient purchasing options, driving sales and expanding market reach. The seamless integration of swimwear into online apparel shopping experiences contributes to the overall apparel market progress.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Swimwear market size was USD 21 billion in 2023 and is expected to register 5.1% CAGR from 2024-2032 owing to the growth of the travel and tourism along with rising demand for swimwear that caters to diverse body types, skin tones, and cultural preferences worldwide.

The bikini segment recorded USD 8.1 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to being featured prominently in fashion shows, magazines, and social media, influencing consumer preferences.

North America swimwear industry reached USD 6.8 billion in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the vibrant beach culture, coupled with the influence of celebrities and social media in the region.

LVMH Moet Hennessy Louis Vuitton, Marysia LLC, Nike Inc., Pentland Group, Pentland Group PLC, Perry Ellis International, PVH Corp., Quiksilver Inc., Swimwear Anywhere Inc. (TYR Sports Inc.), Tennor Holding BV (La Perla), and TJ Swim, are some of the major swimwear companies worldwide.

Swimwear Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 212
  • Countries covered: 23
  • Pages: 161
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