Industry Background:
Swimwear and beachwear are items of clothing intended to be worn by people participating in water-based activities or water sports such as swimming, water polo, driving surfing, water skiing, or sunbathing. In sports like scuba diving, water skiing, and wakeboarding, a swimsuit is required as an undergarment. It's made of a variety of materials, including polyester, nylon, spandex, and other mixed fibers, and it has a lot of elasticity and comfort. Swimwear is used not only for swimming but also for pool parties and at outdoor venues such as restaurants, resorts, and shopping malls as semi-casual attire. Swimming is one of the most common fitness and leisure activities in the world. In the industry, there is a wide range of modern and trendy swimsuits that vary in size and quality. Men's swimwear and beachwear are referred to as boardshorts, jammers, swim trunks, briefs or "speedos," thongs, and g-strings in Western culture, while women's swimwear is referred to as one-piece, bikinis, or thongs. Men's wear, women's wear, and children's wear are the main end-user segments of the swimwear and beachwear industry. The item falls under the category of casual clothing. Men's attitudes toward swimwear and beachwear have evolved over time. Designers are widening their product offerings as men have become more aware of their appearance, resulting in significant growth in the industry. In addition, women's desire to look fashionable at the pool or beach is driving up swimwear demand. As a result, designers are constantly updating their swimwear and beachwear collectionsThis growth is primarily driven by Growing Interest in Swimming as a Fitness and Recreational Activity
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Consumer Goods sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as The Attico (Italy), Nike Inc.(United States), Speedo (Australia), Boardriders, Inc (Australia), Swimwear Anywhere, Inc (United States), Adidas AG (Germany), Dick's Sporting Goods (United States), Gap Inc. (United States), American Apparel (United States) and Perry Ellis International Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
April 2021 – Nike Swim announces the Icon Collection, unveiling a range of modern lifestyle swim products made from recycled fabrics in fearless colors and graphics. The womenswear and menswear collection introduces contemporary swim offerings that are as bold as today’s athletes.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Maillots that Double as Bodysuits and Changing Lifestyles and Growing Urbanisation
Market Growth Drivers:
Growing Interest in Swimming as a Fitness and Recreational Activity and Increasing Interest in Body care
Restraints:
Fluctuating Prices of Raw Material
Opportunities:
Increase in the Number of Water parks around the word, Growth in Developing Countries and Increased Demand for Specialty Swimwear by Women
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Swimwear and Beachwear Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Swimwear and Beachwear Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Swimwear and Beachwear players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Swimwear and Beachwear Study Sheds Light on
The Swimwear and Beachwear Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Swimwear and Beachwear industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Swimwear and Beachwear industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.