Swimming Gear Market Scope
Swimming gear includes things like swimwear, goggles, caps, accessories, and footwear, among other things. In the market, there are many different styles and prints to choose from. Swimming equipment materials are undergoing a variety of product developments. Swimming accessories can give a variety of important advantages to swimmers of all abilities. They can assist improve body posture, isolate muscle areas, and change the intensity of a swimming exercise when utilised appropriately. These advantages are only available if the equipment is utilised appropriately and intentionally.
The Swimming Gear market study is segmented by Type (Goggles, Bathing caps, Kickboards, Pull buoys and Others) and major geographies with country level break-up.
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. Research Analyst at AMA estimates that United States & Australian Vendors will contribute to the maximum growth of Global Swimming Gear market throughout the predicted period.
ACACIA (Australia), Billabong International Limited (Australia), Speedo International Ltd. (Australia), Puma SE (Germany), American Apparel (United States), SUNSETS Inc. (United States), Body Glove International (United States), O'Neill (United States), Perry Ellis International (United States) and Swimwear Anywhere (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Aquatec - Duton Industry Co., Ltd. (Taiwan), Mares S.p.A. (Italy), H2Odyssey (United States) and Dive Rite (United States).
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 total available market.
Segmentation Overview
AMA Research has segmented the market of Global Swimming Gear market by Type, Application and Region.
On the basis of geography, the market of Swimming Gear 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).
Market Leaders and their expansionary development strategies
On 29th June, 2020 - HEAD Acquired Zoggs (Leading Swim Gear Brand across Key Regions Including UK, Austrailia). The Deal Adds Zoggs’ Innovative Swimming Gear Capabilities Comprising of Goggles, Swimwear and Equipment to HEAD’s Portfolio, Along with Strong Market Presence Across New Regions.
On 3rd March, 2021 - Speedo Launched Its New Hyper Elite Goggles. The Hyper Elite Features the Finest Hydrodynamic and Performance-Enhancing Innovations to Provide Swimmers a Competitive Edge in Every Race. It Is Designed to Help Athletes of All Abilities Level Up Their Swim.
Market Trend
- Technical Progress in Swimming Equipment Features
Market Drivers
- Decreasing Training Costs
- Increasing Demand for Recreational Outdoor Activities
Opportunities
- Increasing Demand Across Emerging Regions
Restraints
- Raw Material Price Fluctuation
- Safety Concerns
Challenges
- Lack of Awareness
- Presence of Counterfeit Products
Key Target Audience
Swimming Gear Manufactures, New Entrants and Investors, Swimming Gear Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others