LONDON–(BUSINESS WIRE)–The worldwide swimwear market is poised to succeed in USD 6.51 billion by 2023, in response to a brand new report by Technavio, progressing at a CAGR of over 6% in the course of the forecast interval.
“The rising variety of residential constructions internationally have elevated the variety of swimming swimming pools. A number of swimming pool golf equipment are providing unique month-to-month and yearly packages with reductions to draw prospects. Different components such because the growing participation in health actions similar to swimming by the millennial, and geriatric inhabitants and the growing variety of members in paralympics are driving the demand for swimwear,” says a senior analyst at Technavio. Request Free Pattern Pages
The market is pushed by the rising variety of swimming swimming pools. As well as, growing participation by previous and bodily disabled inhabitants is anticipated to additional enhance the expansion of the worldwide swimwear market in the course of the forecast interval.
The rise within the variety of residential constructions and the growing consciousness amongst people about the advantages of swimming has elevated the variety of swimming swimming pools. As an example, the variety of swimming swimming pools in nations similar to Australia and the US has elevated considerably over the previous few years. The variety of swimming swimming pools can be growing in different nations such because the UK, Germany, France, Canada, and China. Many industrial swimming pool golf equipment are providing discounted membership packages to draw extra prospects. These components are growing the variety of members and lovers, which is driving the expansion of the worldwide swimwear market.
The growing adoption of assisted-access lifts in swimming swimming pools and the rising reputation of swimming in worldwide sports activities occasions similar to paralympics are encouraging the previous and bodily disabled inhabitants to participate in swimming actions. As an example, nations such because the US, China, Australia, New Zealand, Turkey, the Netherlands, Germany, amongst others are exhibiting important development within the variety of members in Paralympics. The growing participation in swimming actions by bodily disabled and the geriatric inhabitants is predicted to spice up the expansion of the worldwide swimwear market over the forecast interval.
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The report consists of detailed profiles of the main firms & distinguished distributors of the market:
Enviornment Italia Spa
Gildan Activewear Inc.
LVMH Moët Hennessy – Louis Vuitton
Perry Ellis Worldwide Inc.
Seafolly Pty. Ltd.
Swimwear Anyplace Inc.
Wacoal Holdings Corp.
Market Segmentation by Product:
Market Segmentation by Distribution Channel:
Key Areas for the Swimwear Market:
A few of the key subjects lined within the report embrace:
Market segmentation evaluation
Market measurement and forecast
Market positioning of distributors
Aggressive state of affairs
Technavio’s pattern experiences are freed from cost and include a number of sections of the report, such because the market measurement and forecast, drivers, challenges, developments, and extra. Request a free pattern report
Associated Reviews on Shopper Discretionary are:
Athletic Footwear Market – World athletic footwear market by distribution channel (specialty shops, hypermarkets, supermarkets, and departmental shops, on-line retail, and others) and geography (APAC, Europe, MEA, North America, and South America).
On-line Clothes Rental Market – World on-line clothes rental market by end-users (girls, males, and kids) and geography (APAC, Europe, MEA, North America, and South America).
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