Luxury Swimwear Market Scope
Luxury swimwear is designed keeping in mind the comfort and luxury of the end-user according to various occasions with high-quality material, they can be worn in resorts, cruises, yachts, and private beaches, it is basically provided cover-ups and accessories. And swimsuits for occasions like competitions are designed with high-quality special material, to provide better fit and comfort with perfect cuts size. The luxury swimwear can be worn by men women or children, they all are designed accordingly and widely available in the eCommerce market in different shapes, sizes, and styles. In the fashion industry, the demand for this luxury swimwear is increasing as they use it for various commercial purposes as well.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | G-III Apparel Group (United States), Tommy Hilfiger Licensing, LLC. (Murjani International) (Netherlands), Calvin Klein Inc. (PVH Corp) (United States), Karl Lagerfeld Paris (United States), La Perla (Italy), Gottex (Israel), Dolce & Gabbana S.r.l. (Italy), Victoria's Secret (L Brands, Inc.) (United States), CHANEL International B.V. (France) and Gucci (Kering) (Italy) |
CAGR | % |
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Luxury Swimwear market throughout the predicted period.
G-III Apparel Group (United States), Tommy Hilfiger Licensing, LLC. (Murjani International) (Netherlands), Calvin Klein Inc. (PVH Corp) (United States), Karl Lagerfeld Paris (United States), La Perla (Italy), Gottex (Israel), Dolce & Gabbana S.r.l. (Italy), Victoria's Secret (L Brands, Inc.) (United States), CHANEL International B.V. (France) and Gucci (Kering) (Italy) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Seafolly (Australia), Adriana Degreas (United States), Missoni Mare (Italy) and Orlebar Brown (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Luxury Swimwear market by Type and Region with country level break-up.
On the basis of geography, the market of Luxury Swimwear has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2019, PVH Corp. announced its definitive agreement to reacquire the license for the Tommy Hilfiger brand in Hong Kong, Macau, Taiwan, Singapore, and Malaysia along with certain related leases and retail assets, from Dickson Concepts (International) Limited. This agreement shows the commitment to making the strategic investments fo supporting the long term growth of PVH and Tommy Hilfiger.
Influencing Trend:
The Increasing Use of One-piece Luxury Swimwear and The Advent of Luxury Swimwear in Various Sizes, Styles, and Patterns and use of High Technology Fabric in Swimwear
Market Growth Drivers:
Changing Lifestyles of People and Increasing Disposable Income and Increasing Demand for Luxury Swimwear from Water Sports Competitions and Activities
Challenges:
Stiff Competition Due to Various Manufacturers Present in the Market
Restraints:
High Cost Associated with Luxury Swimwear might be the Hindrance for Market
Opportunities:
Growing Fashion and Clothing Industry will Boost the Luxury Swimwear Market and The Surging Demand from Developing Countries
Key Target Audience
Luxury Swimwear Manufacturers, Luxury Swimwear International Traders, Luxury Swimwear Distributors and Suppliers, Upstream and Downstream Buyers, Potential Investors and Others