Swimwear Market – Key Trends, Drivers, Product Benchmarking, and Competitive Landscape.
size was valued at US$ 22.67 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 6.25% through 2021 to 2029, reaching nearly US$ 36.82 Bn.
The study looks at 34 countries that travel industry experts believe to be desirable travel destinations. Based on their expected investment needs, dominance in certain geographic industries, and worldwide reach, top corporations are chosen for benchmarking and profiling. The entire market impact of each regional, global, and local rival has been considered.
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Swimwear Market Overview:
The Swimwear Market report offers a thorough analysis of the opposition, together with information on market share and company profiles for the leading foreign rivals. The scope of the study includes a full examination of the Swimwear Market as well as the factors influencing regional variations in the growth of the sector.
It was possible to calculate the total market size by segments and nations by performing a micro level analysis of each country. Using a bottom-up approach, the sizes of the regional and global markets are estimated. It is possible to ascertain what percentage of the overall market the unorganised market makes up by micro-analysing each nation. The market's drivers, restrictions, and possibilities must be thoroughly investigated by the business structure. After that, the findings are verified by talking to well-known local businessmen. The secondary inquiry and analysis of the same uses data from both for-profit and open-source sources. Data about each player's output and consumption is gathered from a variety of sources, such as open and closed registries and, in the case of publicly traded companies, the company's financial reports. You could get in touch with the tax division of your local government if financial records are not made public.
Dynamics :
The rise in family and friend beach vacations, the rising demand from women for luxury swimwear, the expansion of swimming pools, the growing influence of social media, the growth of tourism, the expansion of summer swimming programmes, the growth of lifestyle spending, the growing influence of swimming, the growth of fashion, and the rising number of women who want to look fashionable at the beach or pool are the primary drivers of the swimwear market. These are the main driving forces behind the expansion of the global market from 2021 to 2029.
Swimwear Market Segment:
Additionally, by offering advantages like wrinkle resistance, abrasion resistance, and chemical resistance, it increases the toughness of swimwear. As a result, the usage of cutting-edge materials in the manufacture of swimwear is anticipated to fuel market expansion globally. During the forecast period of 2021–2029, these are the main advantages that propel the growth of the polyester segment in the worldwide market.
Regional Analysis:
The five primary geographical regions of the Swimwear Market are North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Swimwear Market Key players:
- • American Apparel, Inc.
• Arena Italia S.p.A
• Diana Sport
• Eveden Group
• Jantzen, Inc.
• La Perla Group
• Haddow Group Plc
• Nike Inc., Boardriders, Inc.
• Swimwear Anywhere, Inc.
• Adidas AG
• Dick's Sporting Goods
• Gap Inc.
• Phillips-Van Heusen Corporation (PVH Corp.)
• Perry Ellis International Inc.
• NOZONE Clothing Limited
• O'Neill, Inc.
• PARAH S.p.A.
• Pentland Group plc.
• Speedo International Ltd.
• Quiksilver, Inc.
• Seafolly
• Seaspray Swimwear
• Tefron
• TYR Sport
• PVH Corp.
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Research methodology:
- Top-down and bottom-up methods are used to estimate and validate the size of the global Swimwear Market. Participants diligently adhere to the many classification requirements set forth by the firm to compile a comprehensive list of notable and active players. The businesses that are most relevant to the market under consideration are chosen after a thorough validation procedure.
- Preference lists are arranged using commercial databases like Factiva, Bloomberg, and others in accordance with the revenue generated in the most recent quarter.
- In addition, the questionnaire was created expressly to meet all requirements for appointment-only primary data collection based on the key target categories. This facilitates our ability to gather data on a variety of topics, including player earnings, operating costs, profit margins, and the expansion of various commodities and services. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and other sources are used to verify about 70-80% of the data before usage.
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