Global Women’s Swimwear Market is expected to grow with a 4% CAGR during 2022-2032
The global women’s swimwear market is projected to expand steadily at a CAGR 4.5% value, during the forecast period 2022-2032. In the year 2022, the market size is projected to expand and gain a global market valuation of US$ 133 Bn. Considering this steady growth along with the booming demand in the global market, the women’s swimwear market is expected to reach US$ 206.54 Bn by 2032.
The market for women’s swimwear is expanding as swimming becomes more and more popular as a sport and a leisure activity worldwide. The market for women’s swimwear is receiving a much-needed boost from the rising demand for specialized types of swimwear, such as thermal swimwear and swimwear that offers UV protection. The fact that women’s swimwear has evolved into a fashion statement in addition to its useful components is the main reason for boosting the market. As a result, women’s swimwear regularly goes through changes, and this tendency introduces new women’s swimwear varieties to the market.
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In addition, women’s swimsuit vendors have shifted to an online platform for better visibility, client retention, and interaction. Nevertheless, during the evaluation time, the market for women’s swimwear may be constrained by a number of safety defects in high-tech fabrics like spandex and nylon that could cause injuries. The market for women’s swimwear may also be hampered by suppliers not focusing on plus-sized customers and the abuse of the easy returns policy.
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• American Apparel, Inc.
• Arena Italia S.p.A
• Diana Sport
• La Perla Group
• NoZONE Clothing Limited
• O’Neill, Inc.
• PARAH S.p.A
• Perry Ellis International, Inc.
• Jantzen Apparel LLC
• PVH Corp.
• MeUndies
• Skims
• Quiksilver, Inc.
• Speedo International Ltd.
• TYR Sport, Inc.
• Wacoal Europe Ltd.
• Seafolly
Market Segmentations
By Product Type :
One-piece Swimsuits
Tank Suits
Sling Bikinis
Pretzel Suit s
Monokinis
Maillots
Two-piece Swimsuits
Knee Skin
Body Skin
Racerback
By Fabric :
Nylon
Polyester
Cotton
Spandex
PBT
By Pricing :
Low-price
Mid-price
Premium-price
By Distribution Channel :
Online Stores
Departmental Stores
Specialty Retail Stores
Mono Brand Stores
Sports Outlets
By Region :
North America
Latin America
Europe
Middle East and Africa (MEA)
APEJ
Japan
Bold colours, geometric prints, asymmetrical designs, and timeless yet contemporary forms are just a few of the swimsuit trends influencing women. Additionally, as more vendors use online platforms, the sale dynamics of women’s swimwear products are slowly but steadily altering. Vendors of women’s swimwear have seen their product visibility expand thanks to the internet, which has also improved their ability to communicate with clients. However, the market for women’s swimwear is being constrained by a number of disadvantages of high-tech fabrics like spandex and nylon that could cause accidents. Misuse of the simple returns policy and a lack of attention to clients who are plus-sized are further reasons that are impeding market expansion.
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1- As per the forecast of Fact.MR, the tank suits segment is slated to touch a value of nearly US$ 62 Mn in the year 2022. This represents a sluggish CAGR growth during the assessment period of 2017-2022. The tank suits segment is estimated to account for more than one-fifth of the revenue share of the product type segment by the year 2017 end and is expected to gain in market share by the year 2022 end.
2- As per the forecast of Fact.MR, the polyester fabric type segment will reach a value of nearly US$ 86 Mn in the year 2017. This represents a sluggish CAGR growth during the forecast period. The polyester fabric type segment is estimated to account for more than one-third of the revenue share of the fabric type segment in the year 2017 end and is expected to gain market share by the end of the year 2022.
3- As per the forecast of Fact.MR, the low price swimwear segment is slated to reach a value of nearly US$ 100 Mn in 2022. The low price swimwear segment is expected to lose some market value by the end of the year 2022. The largest share is contributed by the Europe region in the low price swimwear segment
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4- Fact.MR forecasts the online stores women’s swimwear segment to grow from nearly US$ 47 Mn in 2017 to US$ 56 Mn in 2022. This represents a compound annual growth rate (CAGR) of 3.4% from 2017 to 2022.
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