NEW YORK , July 12, 2022 /PRNewswire/ -- The Swimwear Market size is expected to grow by USD 6.63 billion at a CAGR of over 6.43% during the forecast period. The increasing demand for long-sleeve swimsuits is notably driving the swimwear market growth.
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
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One of the main factors boosting the growth of the swimwear industry is the rising demand for long-sleeve swimsuits. Summertime is a favorite time for swimming. The health effects of UV radiation on the human body, particularly during and after swimming in open spaces like swimming pools and beaches, have grown due to severe climatic changes.
The damaging effects of UV radiation can cause sunburns, rashes, skin tanning, and, in severe cases, skin cancer. As a result, swimmers are increasingly concerned with the health of their skin and hunt for swimwear that can completely enclose their bodies. Another trend influencing the growth of the swimsuit industry is the expansion of online and omnichannel retail.
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Adidas AG: The company offers swimwear that offers comfort and design in high-quality fabrics, whether swimming competitively or chilling at the beach.
American Eagle Outfitters Inc.: The company offers swimwear that is available for women and kids in various shades and sizes.
Arena Spa: The company offers swimwear that ranges from athletic pieces designed for a day of movement to feminine styles for lounging in the sun.
DICKS Sporting Goods Inc.: The company offers hardlines, apparel, footwear, and merchandise and non-merchandise sales categories, including in-store services.
Embry Holdings Ltd.: The company offers swimwear that is available for women in different shapes and colors.
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During the anticipated timeframe, the women's swimwear category will significantly increase its market share in the swimwear industry. Innovative items are in high demand in the global women's swimwear market. This has inspired manufacturers to release cutting-edge swimwear, like swimsuits that block damaging UV radiation and smart swimwear. Thus, the development of the swimsuit market as a whole will benefit from these novel products.
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North America will account for 29% of market growth. The US is North America's primary market for swimwear. The market in this region will expand more quickly than the market in Europe . Over the projected period, the growth of the swimsuit market in North America would be aided by the increasing number of people engaging in swimming-related activities.
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School Bags Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026: The school bags market share is expected to increase to USD 5.71 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.34%.
Costume Jewelry Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026: The costume jewelry market share is expected to increase to USD 15.24 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.31%.
Accelerate at a CAGR of 6.43%
Europe, North America, APAC, South America, and Middle East and Africa
US, Germany, France, UK, and Brazil
Leading companies, Competitive strategies, Consumer engagement scope
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.
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, Market condition analysis for forecast period
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3.4 Market outlook: Forecast for 2021-2026
5.3 Women swimwear - Market size and forecast 2021-2026
5.4 Men swimwear - Market size and forecast 2021-2026
5.5 Childern swimwear - Market size and forecast 2021-2026
6 Market Segmentation by Distribution Channel
6.3 Offline - Market size and forecast 2021-2026
6.4 Online - Market size and forecast 2021-2026
6.5 Market opportunity by Distribution Channel
8.3 Europe - Market size and forecast 2021-2026
8.4 North America - Market size and forecast 2021-2026
8.5 APAC - Market size and forecast 2021-2026
8.6 South America - Market size and forecast 2021-2026
8.7 Middle East and Africa - Market size and forecast 2021-2026
8.8 US - Market size and forecast 2021-2026
8.9 Germany - Market size and forecast 2021-2026
8.10 Brazil - Market size and forecast 2021-2026
8.11 France - Market size and forecast 2021-2026
8.12 UK - Market size and forecast 2021-2026
9.3 Impact of drivers and challenges
11.10 LVMH Moet Hennessy Louis Vuitton SE
12.3 Currency conversion rates for US$
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