Swimwear Market Size, Share, Growth & Industry Trends [2031]

Segments - Swimwear Market by Types (Women's Swimwear, Men's Swimwear, Goggles, and Swim Caps), Distribution Channels (Online Stores and Offline Stores), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends and Forecast 2023 – 2031

Author : Debadatta Patel

Fact-checked by : PARTHA PAUL

Editor : Shruti Bhat

Report Description

Swimwear Market Outlook 2031

The global swimwear size was valued at USD 19.80 Billion in 2022 and is projected to reach USD 29.42 Billion by 2031, expanding at a CAGR of 4.5% during the forecast period, 2023–2031. The growth of the market is attributed to the changing fashion trends.

Swimwear is utilized by people during swimming and for different games exercises, for example, water sports, water skiing, surfing, and sunbathing. It is used during water-based games and is additionally utilized during weight training challenges, and photoshoot.

Wide scope of styles of swimwear and bathing suits are accessible worldwide according to body coverage and material. The decision and style of swimwear relies upon client application, individual inclination, and current fashion trends. It protects the wearer from chlorinated water in swimming pools and ocean water, which contains salts that can cause skin rashes.

Swimwear Market Trends, Drivers, Restraints, and Opportunities

Rising awareness about health benefits of swimming is expected to boost the swimwear for the life sciences industry.
Increasing population across the globe and product innovation to satisfy the requirement for extraordinary kind of clothing for water sports and poolside or beachside vacations are some of the major factors that can fuel the market growth
Growing demand for branded and high-quality swimwear is one of the key factors spurring the market growth.
Rising trendy prints and convenient cuts are estimated to foster the market growth.
Growing demand for trendy design and comfortable fabric is anticipated to accelerate the growth of the market.
Increase trend of family vacations along beaches, resorts, and theme parks is increasing demand for the market.
Growing volatility of raw material prices can restrain the growth of the market.
New product innovations can create lucrative opportunities for the growth of the swimwear market.

Scope of Swimwear Market Report

The report on the swimwear includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Swimwear - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Women's Swimwear, Men's Swimwear, Goggles, and Swim Caps) and Distribution Channels (Online Stores and Offline Stores)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Adidas AG; Under Armour, Inc.; Pentland Group PLC; Swimwear Anywhere Inc.; and Puma SE.

Swimwear Market Segment Insights

Type Segment Analysis

Based on types, the market is divided into women's swimwear, men's swimwear, goggles, and swim caps. The women's swimwear segment is expected to represent a key share of the market.

This segment include luxury & innovative swimwear such as warm swimwear and bathing suits providing UV protection. On the other hand, women choose swimwear for competitive activities and for regular surfing and aquatic fitness activities, driving the segment growth.

Distribution Channel Segment Analysis

Base on distribution channels, the swimwear market is categorized as online stores and offline stores. The online stores segment is projected to expand at a considerable CAGR during the forecast period. Online stores attributes to ease of shopping from a remote location.

An online stores provides advantages such as automated software up gradations, remote accessibility, easy scalability, disaster recovery, and storage flexibility. On the other hand, the offline segment is anticipated to expand at a rapid pace in the coming years.

Regional Outlook

In terms of regions, the global market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period owing to fast-developing economies, such as India and China, which exhibit great potential in terms of demand for swimwear.

Likewise, the government authority drives and initiatives such as "Khelo India" from the Government of India are additionally expected to expand the market capability during the estimated time frame. On the other hand, North America is expected to hold a significant market share in the coming years.

Segments

The global swimwear has been segmented on the basis of

Types

Women's Swimwear
Men's Swimwear
Goggles
Swim Caps

Distribution Channels

Online Stores
Offline Stores

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Adidas AG
Under Armour, Inc.
Pentland Group PLC
Swimwear Anywhere Inc.
Puma SE

Competitive Landscape

Key players competing in the swimwear are Adidas AG; Under Armour, Inc.; Pentland Group PLC; Swimwear Anywhere Inc.; and Puma SE.

Swimwear Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Swimwear Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Swimwear Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Swimwear Market - Supply Chain
  4.5. Global Swimwear Market Forecast
     4.5.1. Swimwear Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Swimwear Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Swimwear Market Absolute $ Opportunity
5. Global Swimwear Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Swimwear Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Swimwear Demand Share Forecast, 2019-2026
6. North America Swimwear Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Swimwear Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Swimwear Demand Share Forecast, 2019-2026
7. Latin America Swimwear Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Swimwear Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Swimwear Demand Share Forecast, 2019-2026
8. Europe Swimwear Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Swimwear Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Swimwear Demand Share Forecast, 2019-2026
9. Asia Pacific Swimwear Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Swimwear Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Swimwear Demand Share Forecast, 2019-2026
10. Middle East & Africa Swimwear Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Swimwear Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Swimwear Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Swimwear Market: Market Share Analysis
  11.2. Swimwear Distributors and Customers
  11.3. Swimwear Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Adidas AG
     11.4.2. Under Armour, Inc.
     11.4.3. Pentland Group PLC
     11.4.4. Swimwear Anywhere Inc.
     11.4.5. Puma SE