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Swimwear Market Opportunities, Challenges & Strategic Forecast (2024-2032)
Swimwear Market can be defined broadly as the industry of producing swimming and related attire that is used by other businesses for sale. This range consist of swim wear, beach wear briefs, briefs & bikinis, and other recreational, sport and fashion uses. The market aims at selecting different segments, male, female and children with products that are functional, comfortable and chic.
IMR Group
Description
Swimwear Market Synopsis:
Swimwear Market Size Was Valued at USD 23.2 Billion in 2023 and is Projected to Reach USD 42.29 Billion by 2032, Growing at a CAGR of 6.9 % From 2024-2032.
Swimwear Market can be defined broadly as the industry of producing swimming and related attire that is used by other businesses for sale. This range consist of swim wear, beach wear briefs, briefs & bikinis, and other recreational, sport and fashion uses. The market aims at selecting different segments, male, female and children with products that are functional, comfortable and chic.
The swimwear market has been progressing at a very healthy pace in the last several years thanks to burgeoning interest in recreational water sports and travel to beaches. A change in economical standards and a shift to health awareness and improved health is another reason for the desire for modern swimmer. The social media craze for buyer and influencer culture also helped the market for quality as well as fashionable swimwear to grow further.
Furthermore, there is a fairly frequent progression of the rate technological growth within the market, which the manufactures use to come up with new and improved sustainable material. Clothing for beach is also being manufactured by picking up sea plastics and other fabrics thus due to increase awareness level about environmental problems sustainable beachwear is being appreciated quickly. Direct consumer dialog and flexibility of brands to customize their products have altered the industry and make swimwear more diverse and several clients engaging.
Swimwear Market Trend Analysis:
Increasing Consumer Preference for Energy-Efficient Models
Sustainable has one of the most vivid trends that influence swimwear market related brands who actively use environmentally friendly approach and materials. Customers want to purchase swimwear fabrics made from recycled fiber, like Econyl nylon which is made from discarded fishing nets and plastics. This shift is against the current wear and tear efforts within the world, on the efforts to lessen the impacts on the environment and to solve the issue of fashion that are wearable. They are also displaying good ethical business relations and minimal product packaging for the kind of customer that they want to attract. It is in the same vein that the integration of sustainability also fits the expectation of current consumers as well as placing brands within the right market actors.
Growth in the Commercial Sector
In developing countries the factors such as growth trends, increase in disposable income, the expansion of urbanization and eventually the tourism industry make the swimwear market a promising prospect. They want the product due to the new trends in fashion such as interest in aqua activities or sports in the nations like India, China, Brazil and so on so the target demand is rather on beachwear or swimming wear. Furthermore, similar internationals swimwear companies are keen grabbing these markets using partnerships, multi-store and localized brand ambassadors that targeted a massive but untapped market.
Swimwear Market Segment Analysis:
The Swimwear Market is Segmented on the basis of Product Type, Category, Distribution Channel, and Region.
By Product Type, bikini segment is expected to dominate the market during the forecast period
Based on these insights, it can be deducted that the segments of bikinis has a higher market share in swimwear market in the course of the forecasting period due to its versatility, acceptances in global market, fashion connected to bikinis. Bikinis are worn for by women across the globe: through Social network, films and maximum fashion shows. Exploring deeper in to the market opportunities bikini segment yet again breaks down to different types of bikinis to meet the various purposes with regards to body shape and fashion keeping a large market share. The simplicity of the strings of ecology along with other benefits including the sun protection capability and/or the capacity to dry in hurry lure the latest generation buyers.
By Category, Mass segment expected to hold the largest share
As mentioned in the evaluation of consumer behaviour, this segment would also likely to be the biggest market since the elements in this segment are usually in influenced by the price factor while purchasing the swimwear. Economically priced swimwear appeals to client needs, meeting all the available brand, sizes and necessity in swimwear. A significant function in achieving the objectives of this segment is assigned to Internet retailers and sellers of goods, thanks to which swimwear is available to consumers all over the world. The very nature of frequent time-sensitive products offers a good rationale for development of the mass segment, especially the nature of repetitive weekly, monthly, daily, etc promotions, favourable for the growth of the mass segment.
Swimwear Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
Based on the information the study found out that by 2023 North America is the most dominant region in the swimwear market due to their culture and preference in activities such as water activities, beach tourism, and swimming for fun among others. The primary consumers of recreational products and quality swimwear brands exist in the USA and Canada markets. This means that established players are competing, giving the market the vibe it needs and innovative marketing concepts such as influencer marketing and creating the experience of the product are used.
The demand has also been boosted in equal proportions by the enhancement of the number of people who are fit and healthy in the United States The use of swimming as an exercise has also help to enhance the demand for the demand in the United States. Further due to body positivity embraced accompanied with diversity across the region, fashion has embraced all forms of bikinis to cater for the sizes of the models wearing them.
Active Key Players in the Swimwear Market
AHT Cooling Systems (Austria)
Carrier Transicold (USA)
Danfoss (Denmark)
Electrolux (Sweden)
Haier (China)
Hisense (China)
Midea Group (China)
Panasonic (Japan)
Liebherr (Germany)
Samsung (South Korea)
Sanyo (Japan)
Scotsman (USA)
Toshiba (Japan)
Whirlpool (USA)
Zhongtai Group (China)
Other Active Players
Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter’s Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Swimwear Market by Voltage
4.1 Swimwear Market Snapshot and Growth Engine
4.2 Swimwear Market Overview
4.3 Low Voltage Medium Voltage High Voltage
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Low Voltage Medium Voltage High Voltage: Geographic Segmentation Analysis
Chapter 5: Swimwear Market by Application
5.1 Swimwear Market Snapshot and Growth Engine
5.2 Swimwear Market Overview
5.3 Commercial Residential Industrial
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Commercial Residential Industrial: Geographic Segmentation Analysis
Chapter 6: Swimwear Market by Installation
6.1 Swimwear Market Snapshot and Growth Engine
6.2 Swimwear Market Overview
6.3 Indoor Outdoor
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Indoor Outdoor: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Swimwear Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 AHT COOLING SYSTEMS (AUSTRIA)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 CARRIER TRANSICOLD (USA)
7.4 DANFOSS (DENMARK)
7.5 ELECTROLUX (SWEDEN)
7.6 HAIER (CHINA)
7.7 HISENSE (CHINA)
7.8 MIDEA GROUP (CHINA)
7.9 PANASONIC (JAPAN)
7.10 LIEBHERR (GERMANY)
7.11 SAMSUNG (SOUTH KOREA)
7.12 SANYO (JAPAN)
7.13 SCOTSMAN (USA)
7.14 TOSHIBA (JAPAN)
7.15 WHIRLPOOL (USA)
7.16 ZHONGTAI GROUP (CHINA)
7.17 OTHER ACTIVE PLAYERS
Chapter 8: Global Swimwear Market By Region
8.1 Overview
8.2. North America Swimwear Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Voltage
8.2.4.1 Low Voltage Medium Voltage High Voltage
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Commercial Residential Industrial
8.2.6 Historic and Forecasted Market Size By Installation
8.2.6.1 Indoor Outdoor
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Swimwear Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Voltage
8.3.4.1 Low Voltage Medium Voltage High Voltage
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Commercial Residential Industrial
8.3.6 Historic and Forecasted Market Size By Installation
8.3.6.1 Indoor Outdoor
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Swimwear Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Voltage
8.4.4.1 Low Voltage Medium Voltage High Voltage
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Commercial Residential Industrial
8.4.6 Historic and Forecasted Market Size By Installation
8.4.6.1 Indoor Outdoor
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Swimwear Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Voltage
8.5.4.1 Low Voltage Medium Voltage High Voltage
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Commercial Residential Industrial
8.5.6 Historic and Forecasted Market Size By Installation
8.5.6.1 Indoor Outdoor
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Swimwear Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Voltage
8.6.4.1 Low Voltage Medium Voltage High Voltage
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Commercial Residential Industrial
8.6.6 Historic and Forecasted Market Size By Installation
8.6.6.1 Indoor Outdoor
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Swimwear Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Voltage
8.7.4.1 Low Voltage Medium Voltage High Voltage
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Commercial Residential Industrial
8.7.6 Historic and Forecasted Market Size By Installation
8.7.6.1 Indoor Outdoor
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Q1: What would be the forecast period in the Swimwear Market research report?
A1: The forecast period in the Swimwear Market research report is 2024-2032.
Q2: Who are the key players in the Swimwear Market?
A2: AHT Cooling Systems, Carrier Transicold, Danfoss, Electrolux, Haier
Q3: What are the segments of the Swimwear Market?
A3: The Swimwear Market is segmented into Product Type, Category, Distribution Channel, and region. By Product Type, the market is categorized into One-Piece Bikinis and Others. By Category , the market is categorized into Mass Premium. By Distribution Channel, the market is categorized into Online Stores and Offline Stores. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
Q4: What is the Swimwear Market?
A4: Swimwear Market can be defined broadly as the industry of producing swimming and related attire that is used by other businesses for sale. This range consist of swim wear, beach wear briefs, briefs & bikinis, and other recreational, sport and fashion uses. The market aims at selecting different segments, male, female and children with products that are functional, comfortable and chic.
Q5: How big is the Swimwear Market?
A5: Swimwear Market Size Was Valued at USD 23.2 Billion in 2023 and is Projected to Reach USD 42.29 Billion by 2032, Growing at a CAGR of 6.9 % From 2024-2032.
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