Swimwear Market is expected to reach US$ 34.97 Billion by 2026 from US$ 18.4 Billion in 2017 at CAGR of 7.4%.
Global Swimwear Market
Swimwear Market is segmented by fabric, distribution channel, end user, and region.
On the basis of fabric, Swimwear Market is classified by fabric, neoprene, cotton, polyester, and others. Polyester segment is estimated to hold largest share of market in forecast period due to its features as easily wash, high flexible, and quick drying.
In terms of distribution channel, Swimwear Market is fragmented by online and offline. Online segment is expected to hold largest share of market during for cast period due rise use of internet and increased trend of online shopping.
Based on end user, Swimwear Market is divided by women, man, and child. Women segment is estimated to hold largest share of market in forecast period due to women’s wants to look stylish at pool or beach and rise in trend of fashion.
Major driving factors for the market of Swimwear Market are rise in number of family and friends vacations along beach side, increasing demand from women for luxury swimwear, rise in number of swimming pools, increasing influence from social media, rising tourism, increase number of summer swimming trainings, rising expenditure on lifestyle, increasing influence of swimming, rise in fashion, increasing demand of relax dress codes for swimming, rising demand of swimming wear by women’s as those desire to look stylish at pool or beach, and rising awareness regarding health and at same time high cost raw materials and fluctuation in demand of design & heavy investment in R&D will hamper the market.