Swimwear Market Dynamics :
The main advantage of the Swimwear Market is that it increases the pace at which Packaging is done by reducing the labor cost required. Swimwear does the work of numerous laborers at a fast pace with utmost accuracy at a very low cost. Swimwear has provided an efficient and precise alternative for manual work.
Swimwear Market : size was valued at US$ 41,620 Mn. in 2020 and the total revenue is expected to grow at 4.3% CAGR through 2021 to 2027, reaching nearly US$ 55,884 Mn. Market Scope:
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Segmentation :
Major driving factors for the swimwear market are increase in number of family and friends holidays along beachside, increasing demand from women for luxury swimwear, increase in numerous swimming pools, increasing influence from social media, rising tourism, increase in several summer swimming training, rising spending on lifestyle, increasing influence of swimming, rise in fashion, rising demand of swimming wear by women’s as those want to look stylish at pool or beach, and rising consciousness about health. These are the major key factors that drives the growth in the global market during the forecast period 2021-2029.
Key Players:
• Phillips-Van Heusen Corporation (PVH Corp.)
• Perry Ellis International Inc.
• NOZONE Clothing Limited
• O'Neill, Inc.
• PARAH S.p.A.
• Pentland Group plc.
• Speedo International Ltd.
• Quiksilver, Inc.
• Seafolly
• Seaspray Swimwear
• Tefron
• TYR Sport
• PVH Corp.
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Primary and secondary research are used to locate industry giants, while primary and secondary research is utilized to determine market revenue. Primary research included in-depth consultation with various opinion leaders and industry professionals such as experienced front-line employees, CEOs, and marketing professionals. Secondary research included a summary of the renowned manufacturers’ annual and financial reports. Secondary sources are utilized to compute percentage splits, market shares, growth rates, and global market breakdowns, which are then checked using primary data. The following are a few companies working in the Swimwear industry.
Regional Analysis:
The Swimwear study delves into the geographic analysis, which is further subdivided into sub-regions and nations. This portion of the research includes profit estimates as well as market share data for each nation. This section of the research goes through each region’s and country’s share and growth rate during the projected time period.
After examining political, economic, social, and technological aspects impacting the Swimwear market in various areas, the research delivers a definitive PESTEL analysis for all five regions, including North America, Europe, Asia Pacific, the Middle East, Africa, and South America.
Key Questions Answered in the Swimwear Market Report are:
- What is the market potential for Swimwear ?
- Which regional market will emerge as a leader in the next years?
- Which application category will see rapid growth?
