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According to the latest research by SkyQuest Technology, the Global Swimwear Market Size was valued at US$ 21.43 billion in 2021, and it is expected to reach a value of US$ 30.5 billion by 2028, at a CAGR of 5.8% over the forecast period (2022 – 2028). The research provides up-to-date Swimwear market analysis of the current market landscape, latest trends, drivers, and overall market environment.
It protects the wearer from irritants like chlorinated swimming pool water and salty ocean water. Global population growth and product innovation to suit the need for specialised clothing for water sports and vacations by the pool or beach are driving the market. Due to the rapid changes in fashion trends and an increase in disposable income, it is anticipated that consumers will purchase various types of swimsuit goods based on their comfort, activities, and aesthetic appeal. Designer swimwear that boosts the slimming effect and offers value-added features like practical cuts and stylish designs is gaining more and more appeal among women of all cultures. The market for swimwear and beachwear is being fuelled in part by the expansion of the spa and beauty industries as well as increased female demand for speciality swimwear.
Swimming is regarded as the most popular sport and pastime. Growing interest in swimming as the best physical exercise is being driven by growing fitness concerns among individuals of all ages. This is subsequently creating the framework for the purchase of swimsuits in bulk. In several western countries, exposing one’s body is a common activity, which has aided in the market’s expansion of beachwear product sales. Growing technical and procedural innovation in developed economies is another factor driving the industry. The creation of different types of sophisticated fabrics that retain their colour for a longer period of time and are chlorine-resistant has led to an expansion of the market.
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Read the market research report, “The Global Swimwear Market is segmented based on Fabric Type, End User, and Region. Based on Fabric Type the market is further sub-segmented into Polyester, Nylon, and Spandex. Based on End Users the market is further sub-segmented into Men, Women, Boys, Girls, & By Region – Forecast and Analysis 2022-2028” by SkyQuest
Swimming is the most popular sport in many countries, including Australia, China, India, and Russia. A surge in the popularity of water activities is another factor supporting expanding industries. However, specific types of systematic processing and designing of raw materials and textiles like polyester, nylon, polypropylene, spandex, and neoprene are required in order to produce the suitable texture, style, look, and other fashion characteristics of swimwear. Certain raw materials’ price volatility has a greater effect on market size than others. To keep up with the varying demand for different designs, significant investments in R&D are required, which boosts the cost of designing and limits market growth. The growing demand for long-sleeve swimsuits is one of the primary drivers of the expansion of the swimwear business. Due to significant climatic changes, the health impacts of UV radiation on the human body, particularly during and after swimming in open spaces like swimming pools and beaches, have increased.
Sunburns, rashes, skin tanning, and, in extreme situations, skin cancer are all side effects of UV radiation. As a result, swimmers are looking for swimwear that can entirely encapsulate their bodies and are becoming more concerned with the condition of their skin. As long-sleeve swimwear gains popularity, suppliers have created products to satisfy this demand. For instance, a wide variety of long-sleeve swimsuits in various designs, sizes, and colours are available from Boardriders Inc.’s Billabong and ROXY swimwear labels. These goods are expected to support the growth of the swimsuit market over the anticipated time frame.
The report published by SkyQuest Technology Consulting provides in depth qualitative insights, historical data, and verifiable projections about the Global Swimwear Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.
https://skyquestt.com/report/swimwear-market
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SkyQuest has segmented the Global Swimwear market based on Fabric Type, End User, and Region:
Key Players in the Global Swimwear market
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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