Global Swimwear (Swimsuit) Market-Industry Analysis and Forecast (2019-2026)
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- Published date: May 20, 2021
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Global Swimwear (Swimsuit) Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period.
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A type of apparel swimwear particularly designed for people engaged in a water-based activity or water sports like swimming, water polo, surfing, water skiing, or even relaxation activities such as sun-bathing. It is also used to avoid skin rashes caused because of contact with pool chlorinated water. It is made by different types of fabrics for example polyester, nylon, spandex, and other blended fibers, which provide high elasticity & comfort.
The swimwear contains comfortable dress codes, increasing awareness in body care, social mobility, acceptance of swimming as relaxing leisure for an aging population and better appearance of the textile industry are the major factors boosting the growth of the global swimwear market. The growth of beauty & spa industries and augmented demand for specialty swimwear by women are also driving the swimwear market in the future. Furthermore, increasing health awareness has resulted in the improved sell of the swimwear as people want to expose their bodies. However, technologically advanced world long-term aging demographics, private circumstances in some parts of world & deficiency in others, and cultural, social & religious obstacles are restraining the growth of the global swimwear market.
Based on the fabric type, the main category of swimwear fabrics is polyester and is an account for the largest demand for the swimwear market. Numerous types of swimwear are formulated using polyester to obtain stretching & shrinkage resistance. Also, it’s fast-drying & easily washable characteristics make the demand for this material among the producers. Furthermore, it improves the durability of swimwear, on account of advantages like resistance to wrinkles, scratch, and most chemicals. Accordingly, the incorporation of advanced fabrics in swimwear manufacturing is expected to boost the growth of the global swimwear market.
Region-wise, Europe and the U.S. are expected to be the leading players in the global swimwear market. As well, Asia Pacific region countries such as China are expected to experience quick growth in the estimated period. Because of growth in population, health consciousness, and advanced product outlines are the factors boosting the swimwear market growth. Additionally, an increase in the involvement rate of water sports & fitness among countries like India and China at a domestic level is expected to influence the swimwear market across these regions.
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