Swimwear Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2020-2024

  • Published: Sep 2020
  • Pages: 120
  • SKU: IRTNTR40976

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The swimwear market value is projected to grow by USD 1.56 billion at a CAGR of 1.50% during 2020-2024.

This swimwear market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (women's swimwear, men's swimwear, and children's swimwear), geography (Europe, North America, APAC, South America, and MEA), and distribution channel (offline distribution channel and online distribution channel). The swimwear market report also offers information on several market vendors, including Arena Spa, Chantelle Group, Gildan Activewear Inc., LVMH Moet Hennessy - Louis Vuitton, Perry Ellis International Inc., PVH Corp., Seafolly Holdings Pty. Ltd., SUNSETS Inc., Tapestry Inc., and Wacoal Holdings Corp. among others.

What will the Swimwear Market Size be in 2020?

Swimwear-Market-Market-Size-2019-2024

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Swimwear Market: Key Drivers and Trends

According to our research output, there has been a  impact on the market growth post COVID-19 era. Key drivers such as the increasing demand for long-sleeve swimsuits are notably supporting the swimwear market growth. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic swimwear market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Swimwear Market Vendors?

The swimwear market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • Arena Spa
  • Chantelle Group
  • Gildan Activewear Inc.
  • LVMH Moet Hennessy - Louis Vuitton
  • Perry Ellis International Inc.
  • PVH Corp.
  • Seafolly Holdings Pty. Ltd.
  • SUNSETS Inc.
  • Tapestry Inc.
  • Wacoal Holdings Corp.

 

The swimwear market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full swimwear market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

Download a free sample of the swimwear market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Swimwear Market?

Swimwear-Market-Market-Share-by-Region-2019-2024

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39% of the market’s growth will originate from APAC during the forecast period. China is the key market for swimwear market in APAC.

APAC has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Swimwear Market?

Swimwear-Market-Market-Share-by-Product-2019-2024

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The swimwear market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2020-2024 and embrace technologies to improve business efficiency. The swimwear market share growth by the women's swimwear segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough swimwear market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the swimwear market size.

 

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What are the Key Factors Covered in this Swimwear Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive swimwear market growth during the next five years
  • Precise estimation of the swimwear market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the swimwear market across Europe, North America, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of swimwear market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The swimwear market growth will increase by $1561.00 million during 2019-2024.
The swimwear market is expected to grow at a CAGR of 1.50% during 2019-2024.
Technavio has segmented the swimwear market by geographic (Europe, North America, APAC, South America, and MEA).
Arena Spa, Chantelle Group, Gildan Activewear Inc., LVMH Moet Hennessy - Louis Vuitton, Perry Ellis International Inc., PVH Corp., Seafolly Holdings Pty. Ltd., SUNSETS Inc., Tapestry Inc., Wacoal Holdings Corp. are a few of the key vendors in the swimwear market.
APAC will register the highest growth rate of 38.92% among the other regions. Therefore, the swimwear market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Brazil
  • UK
  • France
  • China
  • Germany
The key factors driving the swimwear market growth are:
  • Increasing demand for long-sleeve swimsuits
The swimwear market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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