Global demand for women sports and swimwear is being driven by product innovation and design. These include novel fabric and material varieties in a wide range of designs and patterns. Given that comfort has a significant influence on consumers' purchase decisions, swimwear manufacturers and designers place a strong emphasis on both comfort and features. To satisfy a variety of consumer preferences, manufacturers have produced innovative swimwear items like thermal swimwear and swimsuits with UV protection. Furthermore, middle-aged consumers are becoming more interested in fashionable and designer swimwear. Because of this, it is even more important to experiment with design, patterns, and fashion to satisfy customer demand.
The women sports and swimwear market is analyzed on the basis of material, price point, distribution channel, and region. By material, the market is divided into synthetic and natural. Further, synthetic is classified into polyester, nylon, neoprene, spandex, and others. Moreover, natural is classified into silk, cotton, and others. By price point, it is classified into premium and mass. By distribution channel, the market is divided into e-commerce, supermarkets/hypermarkets, brand outlets, and discount stores. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, United Arab Emirates, and rest of LAMEA).
The market for women sports and swimwear is negatively impacted by COVID-19, particularly during its peak transmission period in 2020. Even if the COVID-19 pandemic continues to have an impact on business globally, despite challenging economic conditions, the market for women sports and swimwear has been able to resume pre-COVID-19 levels of growth. The global women sports and swimwear market is anticipated to sustain a substantial growth rate over the forecast period due to the resumption of sporting events and other national and international competitions.
The major players operating in the global women sports and swimwear market are Arena S.p.A, Adidas AG, Jantzen Brands Corporation, La Perla Group, Lululemon Athletica Inc., Nike Inc., O’Neill, Parah, Perry Ellis International, PVH Corporation, Quicksilver, Seafolly Australia, TYR Sport Inc., Under Armour Inc, and Wacoal Europe Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the women sports and swimwear market analysis from 2021 to 2031 to identify the prevailing women sports and swimwear market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the women sports and swimwear market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global women sports and swimwear market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Material
- Synthetic
- Sub-type
- Polyester
- Nylon
- Neoprene
- Spandex
- Others
- Natural
- Sub-type
- Silk
- Cotton
- Others
By Price Point
- Premium
- Mass
By Distribution Channel
- E commerce
- Supermarkets and hypermarkets
- Brand Outlets
- Discount Stores
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- United Arab Emirates
- Rest of LAMEA
Key Market Players
- Arena Italia S.p.A
- Adidas AG
- Jantzen, Inc.
- La Perla Group
- Lululemon Athletica Inc
- Nike Inc
- O'Neill, Inc.
- PARAH S.p.A
- Perry Ellis International, Inc
- PVH CORP.
- Quicksilver
- Seafolly
- tyr sport
- Under Armour Inc.
- wacoal europe
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Table of Contents
Executive Summary
According to the report, titled, “Women Sports and Swimwear Market," the women sports and swimwear market size was valued at $81.73 billion in 2021, and is estimated to reach $148.32 billion by 2031, growing at a CAGR of 6.4% from 2022 to 2031.Sports clothing is typically worn during athletic competitions or during workouts. When performing physical movements, they are intended to offer comfort and agility. Sports clothing is comprised of breathable materials that enable perspiration to dissipate more quickly, allowing the wearer to stay cool for a longer period of time. Some of the most popular fabrics utilized in the creation of these clothes include polyester, microfiber, calico, and spandex. A sort of clothing or costume called swimwear is made to be worn by those who are swimming, water skiing, surfing, or simply sunbathing. There are numerous types of contemporary swimwear available. Depending on the body coverage and material, they differ.
According to women sports and swimwear market analysis, the women sports and swimwear market growth is fueled by the shifts in fashion and women sports and swimwear market trends and rise in consumer disposable income, which leads to an increase in the purchase of contemporary and designer swimsuit, particularly multifunctional one-pieces and cover-ups that are also seen as fashion statements. The rise in family beach holidays, the rising desire for luxury swimwear among women, and the widespread use of e-commerce platforms all contribute to the expansion of the worldwide sports and swimwear market. The price volatility of raw materials like polyester, nylon, polypropylene, spandex, neoprene, and other fibers, as well as the cost of designing swimwear with the desired texture, design, look, and other fashion attributes, have a greater impact on the size of the women sports and swimwear market and creates women sports and swimwear market opportunities.
The global women sports and swimwear market is segmented into material, price point, distribution channel, and region. By material, the market is divided into synthetic and natural. Further, synthetic is classified into polyester, nylon, neoprene, spandex, and others. Moreover, natural is classified into silk, cotton, and others. Among these, the natural segment occupied the major women sports and swimwear market share in 2021, and is projected to maintain its dominance during the women sports and swimwear market forecast period. The growth of the natural segment is attributed to the surge in demand for sports and swimwear made of cotton, wool, or silk. However, the synthetic segment is anticipated to grow at highest CAGR in the future.
By price point, it is classified into premium and mass. The premium segment is anticipated to grow at the highest rate during the forecast period, owing to growing desire of youth population towards premium products.
By distribution channel, the market is divided into e-commerce, supermarkets/hypermarkets, brand outlets, and discount stores. The discount stores segment is anticipated to grow at highest CAGR during the forecast period. This is described by favorable alternatives like discounts and free trials before purchases as well as the advantage of receiving satisfaction right away. Because of the growing popularity of the internet and online purchasing, the e-commerce sector is anticipated to develop at the fastest rate.
In 2021, Asia-Pacific accounted for 33.1% in the global women sports and swimwear market, and is expected to maintain its dominance during the forecast period. However, LAMEA is expected to possess the highest CAGR, owing to rising population of sports persons and athletes and growing demand for swimming.
Due to the economic recovery in the majority of emerging economies, the market for women sports and swimwear is rapidly recovering the pre-COVID stages, and a stable growth rate is anticipated throughout the forecast period. The return of sporting events and the relaxation of international sporting travel restrictions are major drivers of the market recovery for women sports and swimwear. After the COVID-19 forecast period, these variables are anticipated to accelerate the market growth for women sports and swimwear.
The major players analyzed for global women sports and swimwear industry are Arena S.p.A, Adidas AG, Jantzen Brands Corporation, La Perla Group, Lululemon Athletica Inc., Nike Inc., O’Neill, Parah, Perry Ellis International, PVH Corporation, Quicksilver, Seafolly Australia, TYR Sport Inc., Under Armour Inc, and Wacoal Europe Ltd.
Key Findings of the Study
- By material, the natural segment was the highest revenue contributor to the market, with $56,577.3 million in 2021, and is estimated to reach $100,413.3 million by 2031, with a CAGR of 6.1%.
- Depending on price point, the mass segment was the highest revenue contributor to the market, with $48,489.5 million in 2021, and is estimated to reach $85,908.5 million by 2031, with a CAGR of 6.1%.
- As per distribution channel, the discount stores segment was the highest revenue contributor to the market, with $26,745.1 million in 2021, and is estimated to reach $47,632.1 million by 2031, with a CAGR of 6.2%.
- Region wise, Asia-Pacific was the highest revenue contributor, accounting for $27,060.2 million in 2021, and is estimated to reach $53,158.2 million by 2031, with a CAGR of 7.2%.
Companies Mentioned
- Arena Italia S.P.A
- Adidas AG
- Jantzen, Inc.
- La Perla Group
- Lululemon Athletica Inc
- Nike Inc
- O'neill, Inc.
- Parah S.P.A
- Perry Ellis International, Inc
- Pvh Corp.
- Quicksilver
- Seafolly
- Tyr Sport
- Under Armour Inc.
- Wacoal Europe
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | July 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 81.73 billion |
Forecasted Market Value ( USD | $ 148.32 billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |