Product Overview
Swimwear and beachwear are pieces of apparel intended to be worn by people participating in water-based activities or water sports such as swimming, water polo, driving surfing, water skiing, or sunbathing. In sports like scuba diving, water skiing, and wakeboarding, a swimsuit is required as an undergarment. In the industry, there is a wide range of modern and trendy swimsuits that vary in size and quality. Swimming is the most common fitness and leisure activity in the world. Swimming is becoming more common as a best physical exercise due to rising health concerns among people of all ages. This, in essence, is laying the groundwork for a large-scale procurement of swimwear. Exposing one's body is a common occurrence in some Western countries, which has effectively increased the selling of beachwear items on the market.
Market Highlights
Global Swimwear & Beachwear Market is expected to project a notable CAGR of 4.9% in 2030.
Global Swimwear & Beachwear Market to surpass USD XXX million by 2030 from USD XXX million in 2020 at a CAGR of 4.9% in the coming years, i.e., 2021-30. This growth is anticipated due to increasing mergers and acquisitions across various sectors which will create a worldwide demand for Swimwear & Beachwear. The growth of online stores is also propelling the selling of high-end products. E-commerce allows the simple purchasing of goods manufactured in remote locations. This, in turn, has made a major contribution to the development of the Global Swimwear & Beachwear Market industry.
Global Swimwear & Beachwear Market: Segments
Polyester segment to grow with the highest CAGR during 2020-30
Global Swimwear & Beachwear Market is segmented by product type into Nylon, Polyester, Spandex, and others. Polyester segment held the largest market share in the year 2020. Polyester is used to make a variety of swimwear that is resistant to stretching and shrinkage. Manufacturers are also drawn to this material due to its fast-drying and easy-to-clean properties. Also, it improves the longevity of swimwear by providing benefits such as wrinkle resistance, abrasion resistance, and chemical resistance. As a result, the use of advanced fabrics in swimwear production is expected to fuel global market growth. Nylon is a popular fabric because of its high elasticity, low weight, and smooth fit. It's a cloth that's used as a substitute for polyester.
Women segment to grow with the highest CAGR during 2020-30
Global Swimwear & Beachwear Market is segmented by end-user into Men, Women, Boys, and Girls. Over the forecast period, the women end-user is projected to expand at the fastest pace. Women's urge to look fashionable at the pool or beach is driving up demand for swimwear. Women's swimwear demand is also being driven by emerging trends such as bright colors, abstract patterns, asymmetric styles, and traditional yet contemporary shapes. As a result, designers are constantly updating their swimwear and beachwear collections. The women's end-user segment is benefiting from increased demand for specialized swimwear, such as thermal swimwear and swimwear with UV protection.
Swimwear & Beachwear Market Dynamics
Drivers
Rising interest in body care and growth of beauty spa industry
Relaxed dress codes, rising interest in body care, social mobility, acceptance of swimming as a calming pastime for an aging population, and enhanced apparel industry performance are all major drivers for the swimwear and beachwear market. The increase in demand for specialty swimwear by women, as well as the growth of the beauty and spa industries, is driving the swimwear and beachwear market to some degree. Furthermore, when people continue to show their bodies, increasing health consciousness has resulted in increased sales of swimwear and beachwear. In the developing world, the Western swimwear trend is gaining traction. Southeast Asia and China, on the other hand, are developing countries with enormous growth potential.
Increasing concerns about versatile use of fabric and leading manufacturers
Another factor driving the demand is increasing concerns about the use of versatile fabric in Swimwear & Beachwear. The use of fabrics such as nylon, polyester, satin, lace, sheer, lycra, silk, and cotton are growing demand for the commodity. In addition, women's desire to look fashionable at the pool or beach is driving up swimwear demand. As a result, designers are constantly updating their swimwear and beachwear collections. Incorporating more fashion elements into swimwear is also attracting more customers, especially the younger generation.
Restraint
Ageing demographics and social as well as cultural barriers
Long-term aging demographics in the developed world, affluent circumstances in some parts of the world versus poverty in others, and cultural, social, and religious barriers are all limiting the growth of the swimwear and beachwear industry.
Global Swimwear & Beachwear Market: Key Players
PARAH S.p. A
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Perry Ellis International Inc.
PVH Corp.
Quiksilver Inc.
Seafolly
Seaspray Swimwear
Speedo International Ltd.
Swimwear Anywhere Inc.
TYR Sport Inc
Other Prominent Players
Global Swimwear & Beachwear Market: Regions
Global Swimwear & Beachwear Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Swimwear & Beachwear Market in North America held the largest market share of XX.X% in the year 2020 in terms of revenue. The swimwear and beachwear markets in these regions are mainly driven by high participation in water-based leisure sports. Water sports are common among men, women, and children for their thrills and relaxation, but they require suitable clothing. This gives the swimwear and beachwear markets in these areas a boost. In the swimwear and beachwear industry, Asia Pacific is becoming increasingly important. The growing number of men and women participating in water sports and swimming in the region's developing economies is influencing the swimwear and beachwear industry.
Global Swimwear & Beachwear Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Swimwear & Beachwear Market report also contains analysis on:
Swimwear & Beachwear Market Segments:
By Product Type
Nylon
Polyester
Spandex
Others
By End-user
Men
Women
Boys
Girls
Swimwear & Beachwear Market Dynamics
Swimwear & Beachwear Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Swimwear & Beachwear Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Swimwear & Beachwear Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Swimwear & Beachwear Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Swimwear & Beachwear Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By product type: Market Share (2020-2030F)
1. Nylon, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Polyester, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Spandex, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By end-user: Market Share (2020-2030F)
1. Men, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Women, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Boys, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Girls, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
Company Profile
1. PARAH S.p. A
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. Perry Ellis International Inc.
3. PVH Corp.
4. Quiksilver Inc.
5. Seafolly
6. Seaspray Swimwear
7. Speedo International Ltd.
8. Swimwear Anywhere Inc.
9. TYR Sport Inc.
10. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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