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Swimwear Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: May 2022
  • Pages: 120
  • SKU: IRTNTR40976
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The swimwear market share is expected to increase by USD 6.63 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.43%.

The swimwear market has been broadly categorized into the following demographic segmentations: 

  • Application - Women swimwear, men swimwear, and children swimwear
  • Distribution Channel - Offline and online
  • Geography - Europe, North America, APAC, South America, and Middle East and Africa

The swimwear market report offers information on several market vendors, including adidas AG, American Eagle Outfitters Inc., Arena Spa, DICKS Sporting Goods Inc., Embry Holdings Ltd., Groupe Chantelle, Haddow Group, Hermes International SA, L Space, La Perla, LVMH Moet Hennessy Louis Vuitton SE, Pentland Brands Ltd., Perry Ellis International Inc., PUMA SE, PVH Corp., Seafolly Holdings Pty. Ltd., Sunsets Inc., Swimwear Anywhere Inc., Urban Outfitters Inc., and Wacoal Holdings Corp. among others.

What will the Swimwear Market Size be During the Forecast Period?

Swimwear Market Size

Download the Free Report Sample to Unlock the Swimwear Market Size for the Forecast Period and Other Important Statistics

 

Swimwear Market: Key Drivers, Trends, and Challenges

The increasing demand for long-sleeve swimsuits is notably driving the swimwear market growth, although factors such as cultural restrictions regarding the adoption of swimwear may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the swimwear industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Swimwear Market Driver

  • The increasing demand for long-sleeve swimsuits is one of the key drivers fueling the swimwear market growth. 
  • Swimming is a popular activity in summer. However, significant changes in climatic conditions have led to an increased health impact of UV rays on the human body, especially during swimming or post swimming in open areas such as swimming pools and beaches.
  • The harmful impact of UV rays can lead to skin tanning, rashes, sunburns, and, in extreme cases, skin cancer. In view of this, swimmers are becoming more conscious about their skin health and look for swimwear that can cover up a major portion of their bodies.
  • Vendors have now come up with products to fulfill the growing demand for long-sleeve swimwear.
  • For instance, Billabong and ROXY swimwear brands by Boardriders Inc. offer a wide range of long-sleeve swimsuits in different designs, sizes, and colors. Such offerings will drive the swimwear market growth during the forecast period.

Key Swimwear Market Trend

  • The growth of online and omnichannel retail is one of the key swimwear market trends contributing to the market growth.
  • E-retailing is the fastest-growing sector in the global retail market.
  • Online shopping through smart devices has gained popularity over the years because of the high penetration of internet services, improved economy, and the upgrading of purchase and delivery options with the emergence of e-commerce.
  • Omnichannel retailing has gained significance as an effective alternative to engage consumers both online and offline. This, in turn, will drive the swimwear market growth during the forecast period.

Key Swimwear Market Challenge

  • Cultural restrictions regarding the adoption of swimwear is one of the factors restricting the swimwear market growth.
  • In many countries across MEA, Europe, and Asia, wearing revealing clothes such as swimwear and swimming in public places such as public swimming pools and beaches are considered taboo for women and against cultural aspects.
  • Though countries in the Middle East are gradually evolving in terms of cultural barriers, women are still not allowed to wear swimwear in public places. This restricts them from participating in swimming activities in public and private places.
  • Swimwear closely relates to something that leads to a violation of the cultural aspects of emerging countries. Hence, the social and cultural stigma related to swimwear and other intimate apparel is expected to restrain the growth of the global swimwear market during the forecast period. 

This swimwear market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global swimwear market as a part of the global apparel, accessories, and luxury goods market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the swimwear market during the forecast period.

Who are the Major Swimwear Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • adidas AG
  • American Eagle Outfitters Inc.
  • Arena Spa
  • DICKS Sporting Goods Inc.
  • Embry Holdings Ltd.
  • Groupe Chantelle
  • Haddow Group
  • Hermes International SA
  • L Space
  • La Perla
  • LVMH Moet Hennessy Louis Vuitton SE
  • Pentland Brands Ltd.
  • Perry Ellis International Inc.
  • PUMA SE
  • PVH Corp.
  • Seafolly Holdings Pty. Ltd.
  • Sunsets Inc.
  • Swimwear Anywhere Inc.
  • Urban Outfitters Inc.
  • Wacoal Holdings Corp.

 

This statistical study of the swimwear market encompasses successful business strategies deployed by the key vendors. The swimwear market is fragmented and the vendors are deploying growth strategies such as price, quality, brand, and variety to compete in the market.

Product Insights and News

  • adidas-group.com - The company offers swimwear that offers comfort and design in high-quality fabrics, whether swimming competitively or chilling at the beach.
  • Ae.com - The company offers swimwear that is available for women and kids in various shades and sizes.
  • Arenasport.com - The company offers swimwear that ranges from athletic pieces designed for a day of movement to feminine styles for lounging in the sun.

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.

The swimwear market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Swimwear Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the swimwear market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Swimwear Market?

Swimwear Market Market segmentation by region

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29% of the market's growth will originate from North America during the forecast period. The US is the key market for swimwear market in North America. Market growth in this region will be faster than the growth of the market in Europe.

The rising number of people participating in swimming activities will facilitate the swimwear market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 negatively impacted the overall trade and economy of the region. However, by early 2021, the initiation of vaccination drives led to the reopening of factories, warehouses, and other facilities of regional vendors in the region. The reopening of leisure facilities such as swimming pools and swimming events has increased the demand for swimwear. Hence, such factors will drive the growth of the regional swimwear market during the forecast period.

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

Swimwear Market Segmentation

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The swimwear market share growth by the women swimwear segment will be significant during the forecast period. The adoption of women swimwear is growing, led by the soaring demand for luxury fashion products and accessories. Furthermore, a large number of product offerings with a wide variety of designs and patterns are available in the market. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the swimwear market size and actionable market insights on post COVID-19 impact on each segment.

 

Swimwear Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.43%

Market growth 2022-2026

$ 6.63 billion

Market structure

Fragmented

YoY growth (%)

5.43

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 29%

Key consumer countries

US, Germany, France, UK, and Brazil

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

adidas AG, American Eagle Outfitters Inc., Arena Spa, DICKS Sporting Goods Inc., Embry Holdings Ltd., Groupe Chantelle, Haddow Group, Hermes International SA, L Space, La Perla, LVMH Moet Hennessy Louis Vuitton SE, Pentland Brands Ltd., Perry Ellis International Inc., PUMA SE, PVH Corp., Seafolly Holdings Pty. Ltd., Sunsets Inc., Swimwear Anywhere Inc., Urban Outfitters Inc., and Wacoal Holdings Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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

  • CAGR of the market during the forecast period 2022-2026
  • 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 industry across Europe, North America, APAC, South America, and Middle East and Africa
  • 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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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 25: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 27: Chart on Comparison by Application
      • Exhibit 28: Data Table on Comparison by Application
    • 5.3 Women swimwear - Market size and forecast 2021-2026
      • Exhibit 29: Chart on Women swimwear - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Data Table on Women swimwear - Market size and forecast 2021-2026 ($ million)
      • Exhibit 31: Chart on Women swimwear - Year-over-year growth 2021-2026 (%)
      • Exhibit 32: Data Table on Women swimwear - Year-over-year growth 2021-2026 (%)
    • 5.4 Men swimwear - Market size and forecast 2021-2026
      • Exhibit 33: Chart on Men swimwear - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Data Table on Men swimwear - Market size and forecast 2021-2026 ($ million)
      • Exhibit 35: Chart on Men swimwear - Year-over-year growth 2021-2026 (%)
      • Exhibit 36: Data Table on Men swimwear - Year-over-year growth 2021-2026 (%)
    • 5.5 Childern swimwear - Market size and forecast 2021-2026
      • Exhibit 37: Chart on Childern swimwear - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Data Table on Childern swimwear - Market size and forecast 2021-2026 ($ million)
      • Exhibit 39: Chart on Childern swimwear - Year-over-year growth 2021-2026 (%)
      • Exhibit 40: Data Table on Childern swimwear - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Application
      • Exhibit 41: Market opportunity by Application ($ million)

    6 Market Segmentation by Distribution Channel

    • 6.1 Market segments
      • Exhibit 42: Chart on Distribution Channel - Market share 2021-2026 (%)
      • Exhibit 43: Data Table on Distribution Channel - Market share 2021-2026 (%)
    • 6.2 Comparison by Distribution Channel
      • Exhibit 44: Chart on Comparison by Distribution Channel
      • Exhibit 45: Data Table on Comparison by Distribution Channel
    • 6.3 Offline - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Offline - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Offline - Year-over-year growth 2021-2026 (%)
    • 6.4 Online - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Online - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Online - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Online - Year-over-year growth 2021-2026 (%)
    • 6.5 Market opportunity by Distribution Channel
      • Exhibit 54: Market opportunity by Distribution Channel ($ million)

    7 Customer Landscape

    • 7.1 Customer landscape overview
      • Exhibit 55: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    8 Geographic Landscape

    • 8.1 Geographic segmentation
      • Exhibit 56: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 57: Data Table on Market share by geography 2021-2026 (%)
    • 8.2 Geographic comparison
      • Exhibit 58: Chart on Geographic comparison
      • Exhibit 59: Data Table on Geographic comparison
    • 8.3 Europe - Market size and forecast 2021-2026
      • Exhibit 60: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 61: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 62: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 63: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 8.4 North America - Market size and forecast 2021-2026
      • Exhibit 64: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 65: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 66: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 67: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 8.5 APAC - Market size and forecast 2021-2026
      • Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 8.6 South America - Market size and forecast 2021-2026
      • Exhibit 72: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 73: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 74: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 75: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 8.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 76: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 77: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 78: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 79: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 8.8 US - Market size and forecast 2021-2026
      • Exhibit 80: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 81: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 82: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 83: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 8.9 Germany - Market size and forecast 2021-2026
      • Exhibit 84: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 85: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 86: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 87: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 8.10 Brazil - Market size and forecast 2021-2026
      • Exhibit 88: Chart on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 89: Data Table on Brazil - Market size and forecast 2021-2026 ($ million)
      • Exhibit 90: Chart on Brazil - Year-over-year growth 2021-2026 (%)
      • Exhibit 91: Data Table on Brazil - Year-over-year growth 2021-2026 (%)
    • 8.11 France - Market size and forecast 2021-2026
      • Exhibit 92: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 93: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 94: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 95: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 8.12 UK - Market size and forecast 2021-2026
      • Exhibit 96: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 97: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 98: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 99: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 8.13 Market opportunity by geography
      • Exhibit 100: Market opportunity by geography ($ million)

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 101: Impact of drivers and challenges in 2021 and 2026
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 103: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 104: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 105: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 106: Matrix on vendor position and classification
            • 11.3 adidas AG
              • Exhibit 107: adidas AG - Overview
              • Exhibit 108: adidas AG - Business segments
              • Exhibit 109: adidas AG - Key news
              • Exhibit 110: adidas AG - Key offerings
              • Exhibit 111: adidas AG - Segment focus
            • 11.4 American Eagle Outfitters Inc.
              • Exhibit 112: American Eagle Outfitters Inc. - Overview
              • Exhibit 113: American Eagle Outfitters Inc. - Business segments
              • Exhibit 114: American Eagle Outfitters Inc. - Key offerings
              • Exhibit 115: American Eagle Outfitters Inc. - Segment focus
            • 11.5 Arena Spa
              • Exhibit 116: Arena Spa - Overview
              • Exhibit 117: Arena Spa - Product / Service
              • Exhibit 118: Arena Spa - Key offerings
            • 11.6 Embry Holdings Ltd.
              • Exhibit 119: Embry Holdings Ltd. - Overview
              • Exhibit 120: Embry Holdings Ltd. - Product / Service
              • Exhibit 121: Embry Holdings Ltd. - Key offerings
            • 11.7 Groupe Chantelle
              • Exhibit 122: Groupe Chantelle - Overview
              • Exhibit 123: Groupe Chantelle - Product / Service
              • Exhibit 124: Groupe Chantelle - Key offerings
            • 11.8 Hermes International SA
              • Exhibit 125: Hermes International SA - Overview
              • Exhibit 126: Hermes International SA - Business segments
              • Exhibit 127: Hermes International SA - Key offerings
              • Exhibit 128: Hermes International SA - Segment focus
            • 11.9 La Perla
              • Exhibit 129: La Perla - Overview
              • Exhibit 130: La Perla - Product / Service
              • Exhibit 131: La Perla - Key offerings
            • 11.10 LVMH Moet Hennessy Louis Vuitton SE
              • Exhibit 132: LVMH Moet Hennessy Louis Vuitton SE - Overview
              • Exhibit 133: LVMH Moet Hennessy Louis Vuitton SE - Business segments
              • Exhibit 134: LVMH Moet Hennessy Louis Vuitton SE - Key news
              • Exhibit 135: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
              • Exhibit 136: LVMH Moet Hennessy Louis Vuitton SE - Segment focus
            • 11.11 Pentland Brands Ltd.
              • Exhibit 137: Pentland Brands Ltd. - Overview
              • Exhibit 138: Pentland Brands Ltd. - Product / Service
              • Exhibit 139: Pentland Brands Ltd. - Key offerings
            • 11.12 PUMA SE
              • Exhibit 140: PUMA SE - Overview
              • Exhibit 141: PUMA SE - Business segments
              • Exhibit 142: PUMA SE - Key news
              • Exhibit 143: PUMA SE - Key offerings
              • Exhibit 144: PUMA SE - Segment focus

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 145: Inclusions checklist
                • Exhibit 146: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 147: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 148: Research methodology
                • Exhibit 149: Validation techniques employed for market sizing
                • Exhibit 150: Information sources
              • 12.5 List of abbreviations
                • Exhibit 151: List of abbreviations
              • raw material prices: In recent times, key manufacturers have been experiencing fluctuations in their profit margins due to the fluctuating prices of raw materials. For instance, the prices of synthetic fibers, such as Spandex (also known as Lycra or elastane in different regions), keep fluctuating. Besides, the unavailability of high-quality polyester fibers is increasing their prices. Subsequently, such volatility results in the high prices of apparel made using these raw materials. The continuous change in the profit margins of market competitors due to the volatility of raw material prices acts as a major challenge for the growth of the global apparel, accessories, and luxury goods market. The lag between cost fluctuations and the ability of market competitors to increase product prices can negatively impact the profit margins of vendors. The fluctuations in the prices of raw materials make manufacturers unable to anticipate their investments or control costs. Moreover, cost-driven end-users prefer reasonably priced apparel rather than investing heavily in global brands, which reduces the sales potential and revenue of competitors.

                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.

                TechnavioINFORMATION 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
                Technavio

                TechnavioDATA 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
                Technavio

                TechnavioREPORT 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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                Swimwear Market market growth will increase by $6.63 bn during 2022-2026.
                The swimwear market market is expected to grow at a CAGR of 6.43% during 2022-2026.
                Technavio has segmented the swimwear market market by application (Women swimwear, Men swimwear, and Children swimwear) ,distribution channel (Offline, Online, APAC, South America, and MEA) , and geography (Europe, North America, APAC, South America, and Middle East and Africa).
                adidas AG, American Eagle Outfitters Inc., Arena Spa, DICKS Sporting Goods Inc., Embry Holdings Ltd., Groupe Chantelle, Haddow Group, Hermes International SA, L Space, La Perla, LVMH Moet Hennessy Louis Vuitton SE, Pentland Brands Ltd., Perry Ellis International Inc., PUMA SE, PVH Corp., Seafolly Holdings Pty. Ltd., Sunsets Inc., Swimwear Anywhere Inc., Urban Outfitters Inc., Wacoal Holdings Corp. are a few of the key vendors in the swimwear market market.
                North America will register the highest growth rate of 29% among the other regions. Therefore, the swimwear market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the swimwear market market growth are:
                • increasing demand for long-sleeve swimsuits
                • Growth of online and omnichannel retail
                The swimwear market market vendors should focus on grabbing business opportunities from the women swimwear segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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