The Global Women's Swimwear Market is estimated to be valued at US$ 8806.9 million in 2022 and is expected to exhibit a CAGR of 2.86% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Women's swimwear refers to clothing designed to be worn by women while participating in water-based activities or sunbathing. It includes various types of swimwear such as bikinis, one-pieces, tankinis, and swim dresses. The market for women's swimwear is driven by the increasing popularity of swimming and water sports and the growing trend of leisure travel. Women's swimwear offers several advantages such as UV protection, comfort, durability, and style. The need for these products arises from the desire of women to engage in water activities while still looking fashionable and confident.
B) Market Key Trends:
The key trend driving the growth of the global Women's Swimwear market is the increasing demand for sustainable and eco-friendly swimwear. With rising environmental concerns, consumers are becoming more conscious about the materials used in the production of swimwear. They are opting for swimwear made from recycled materials, organic fabrics, and biodegradable materials. Sustainable swimwear brands are gaining popularity as they align with consumers' values and offer high-quality products without compromising on style and design. For example, swimwear brand Marysia LLC uses Econyl® yarn made from recycled fishing nets to create their swimsuits.
C) PEST Analysis:
- Political: There are no significant political factors impacting the Women's Swimwear market directly. However, government regulations regarding labor standards and import/export policies can affect the supply chain and manufacturing process.
- Economic: Economic factors such as disposable income, consumer spending patterns, and exchange rates influence the purchasing power of consumers. A favorable economic environment with increased consumer spending contributes to the growth of the women's swimwear market.
- Social: The growing trend of leisure travel and the popularity of swimming and water sports among women are social factors that drive the demand for women's swimwear. Changing fashion trends and body positivity movements also impact consumer preferences.
- Technological: Technological advancements in fabric materials, manufacturing processes, and digital marketing techniques have a significant impact on the women's swimwear market. Innovative fabrics with improved elasticity, durability, and quick-drying properties enhance the performance of swimwear.
D) Key Takeaways:
- The Global Women's Swimwear Market Demand is expected to witness high growth, exhibiting a CAGR of 2.86% over the forecast period, due to increasing demand for sustainable and eco-friendly swimwear. Consumers are becoming more conscious about the environmental impact of their buying decisions.
- Regionally, North America dominates the women's swimwear market due to a high incidence of water-based activities and a strong presence of key players in the region. Europe is also a significant market, driven by fashion-conscious consumers and a preference for luxury swimwear brands.
- Key players operating in the global Women's Swimwear market include LVMH Moët Hennessy Louis Vuitton, Marysia LLC, Chanel Group, Missoni SpA, Swimwear Anywhere Inc., La Jolla Group, LA Perla, TJ Swim, Pentland Group PLC, Adidas AG, Wacoal Holdings Corporation, and Puma Inc. These players focus on product innovation, sustainability, and brand promotion to gain a competitive edge in the market.
In conclusion, the global Women's Swimwear market is poised for substantial growth fueled by the increasing demand for sustainable and eco-friendly swimwear. With consumers becoming more conscious about their fashion choices and environmental impact, brands that offer innovative and sustainable swimwear products will have a competitive advantage. The market is expected to be dominated by North America and Europe, with key players driving innovation and setting fashion trends.
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The report contains 137 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.Swimwear and Beachwear market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
The report contains basic, secondary and advanced information pertaining to the Swimwear and Beachwearglobal status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 - 2023.Get FREE Exclusive PDF Sample Copy of This Report @https://www.upmarketresearch.com/home/requested_sample/3667The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Secondary research techniques are implemented for better understanding and clarity for data analysis.The report for Swimwear and Beachwearmarket industry analysis & forecast 2018-2023 is segmented into Product Segment, Application Segment & Major players.Region-wise Analysis Global Swimwear and BeachwearMarket covers:• North America• Europe• China• Japan• Southeast Asia• IndiaThe Report covers in-depth analysis as follows:• Chapter 1 Swimwear and BeachwearMarket Overview• Chapter 2 Global Economic Impact on Swimwear and BeachwearIndustry• Chapter 3 Global Swimwear and BeachwearMarket Competition by Manufacturers• Chapter 4 Global Swimwear and BeachwearProduction, Revenue (Value) by Region (2013-2018)• Chapter 5 Global Swimwear and BeachwearSupply (Production), Consumption, Export, Import by Regions (2013-2018)• Chapter 6 Global Swimwear and BeachwearProduction, Revenue (Value), Price Trend by Type• Chapter 7 Global Swimwear and BeachwearMarket Analysis by Application• Chapter 8 Global Swimwear and BeachwearManufacturers Analysis• Chapter 9 Swimwear and BeachwearManufacturing Cost Analysis• Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers• Chapter 11 Marketing Strategy Analysis, Distributors/Traders• Chapter 12 Market Effect Factors Analysis• Chapter 13 Global Swimwear and BeachwearMarket Forecast (2018-2023)Gain Full Access of Swimwear and Beachwearmarket industry analysis & forecast 2018-2023 along with complete TOC @ https://www.upmarketresearch.com/reports/swimwear-and-beachwear-market“Global Swimwear and Beachwear-Global Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
The Swimwear Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.This research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global Swimwear market are Alix, Arena Swimwear, Beachbunny Swimwear, Dolfin Swimwear, Gottex Swimwear, Nike Inc., Perry Ellis International, Inc., Roxy, TYR Swimsuits, and Zoke.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.Get more information on "Global Swimwear Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/swimwear-market/download-sampleMarket DynamicsThe rising number of commercial and private swimming pools across the globe catering to the increasing demand for swimwear among consumers that is further escalating the market growth.
Moreover, rising disposable income resulting in the purchase of different kinds of swimwear products based on their comfort, activities, and fashion apparels are augmenting the market growth.
On the contrary, volatility in the prices of raw material could affect market growth.The report has been created by using crucial tools such as Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity.
