Dublin, June 30, 2021 (GLOBE NEWSWIRE) -- The "Swimwear and Beachwear - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Swimwear and Beachwear Market to Reach $27.6 Billion by 2027
Amid the COVID-19 crisis, the global market for Swimwear and Beachwear estimated at US$19.5 Billion in the year 2020, is projected to reach a revised size of US$27.6 Billion by 2027, growing at a CAGR of 5.1% over the analysis period 2020-2027. Polyester, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$10.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Spandex segment is readjusted to a revised 5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 7.8% CAGR
The Swimwear and Beachwear market in the U.S. is estimated at US$5.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.
Nylon Segment to Record 4.6% CAGR
In the global Nylon segment, the USA, Canada, Japan, China and Europe will drive the 4.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.8 Billion in the year 2020 will reach a projected size of US$3.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.7 Billion by the year 2027, while Latin America will expand at a 5.6% CAGR through the analysis period.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Swimwear and Beachwear: Stylish, Trendy and Aesthetic Apparel for Water-based Leisure and Sports Activities
Women's Swimwear Continues to Rule the Roost
Men's Swimwear Market - Changing Perceptions Augur Well for Segment Growth
Children's Swimwear and Beachwear Segment Set for Robust Growth
Recent Market Activity
US and Brazil Lead the Global Market, Asia-Pacific Set for Fastest Growth
Popularity of Beach Culture and Indoor Watersports Fuels Swimwear Market in China
Increasing Health Awareness - A Key Growth Driver
Fashion - An Indispensable Aspect of Swimwear and Beachwear
Direct-to-Consumer Online-Only Swimwear Brands Transform Retail Structure of Swimwear Market
2. FOCUS ON SELECT PLAYERS
Arena Italia S.p.A (Italy)
Diana Sport (Italy)
La Perla Group (Italy)
NoZONE Clothing Limited (Canada)
O'Neill, Inc. (USA)
Panos Emporio (Sweden)
PARAH S.p.A (Italy)
Perry Ellis International, Inc. (USA)
Jantzen Apparel LLC (USA)
PVH Corp. (USA)
Quiksilver, Inc. (USA)
Seaspray Swimwear (UK)
Speedo International Ltd. (UK)
Swimwear Anywhere, Inc. (USA)
TYR Sport, Inc. (USA)
Wacoal Europe Ltd. (UK)
3. MARKET TRENDS & DRIVERS
Leisure Travel - A Business Case for Swimwear and Beachwear
Luxury Swimwear Market: Focus on Proper Fit, Comfort & Exclusive Features to Drive Growth
Rising Popularity of Water Sports Drives Creation of Sports-Inspired Swimwear Collections
Celebrities Drive Swimwear and Beachwear Fashion Trends
UV Protective Swimwear for Kids - A Panacea for Parents Concern
The Growing Significance of Sustainability in Swimwear
Eco-friendly Swimwear Continues to Gain Ground
Bikinis Lose their Appeal amidst Soaring Consumer Interest in One-Piece Swimsuits
Brands Look to Address Concerns over Proper Fit of Swimsuits
Modest Swimwear - A Burgeoning Market
Controversy Surrounds Burkini Beachwear
Plus-Size Swimwear Exhibits Significant Growth Potential
Swimwear and Beachwear Makers Make Hay while the Sun Shines
Beachwear Accessories Offered as Add-ons to Increase Profits
Product Innovations: Name of the Game
Are Expensive Swimwear Worth the Price?
FINA Bans High-Technology Swimsuits
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Total 199 featured)
Arena Italia S.p.A
Jantzen Apparel LLC
NoZONE Clothing Limited
Perry Ellis International Inc.
Speedo International Ltd.
Swimwear Anywhere Inc.
TYR Sport Inc.
For more information about this report visit https://www.researchandmarkets.com/r/s41oi
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