Coherent Market Insights

Swimwear Market to Account for US$ 16896.45 Mn by 2030

Swimwear Market to Account for US$ 16896.45 Mn by 2030 - Coherent Market Insights

Publish In: Jun 24, 2022

Typical swimwear fabric is made from man-made fibers. Natural fibers, such as cotton, lose their shape when wet and absorb water. Nylon or spandex fabrics are generally eighty-nine percent nylon and ten to twenty percent Lycra. Swimwear linings have a similar fiber content to the swimsuit fabric. Some swimsuits are lined, while others are not. Liner fabrics are available in a range of opacities, and heavier ones add compression to the suit.

Market Statistics:

The global Swimwear Market is estimated to account for US$ 12,500.38 Mn in terms of value by the end of 2021.

Global Swimwear Market: Drivers

Influence of social media on people is one of the prime factor expected to boost sale of swimwear market. According to a survey from, in August 2021, 72% of millennial said that social media impacted their buying decisions. This is the most likely age group to be influenced by social media in their spending, followed by 66% of Gen-Z, 49% of Gen X, and 45% of baby boomers. 38% of millennial tended to trust posts from the influencers they followed with regard to shopping, and 20% of millennial reported making purchases inspired by posts from celebrities or influencers.

Global Swimwear Market: Opportunities

Influence of fashion industry via social media is creating high demand for luxury swimwear. Factor such as “comfort with fashion” is creating hype for luxury swimwear as these enhance the slimming effect and distract the onlooker. This is factor is expected to be offer profitable market opportunities for the key players to develop innovative and premium swimwear products.

To know the latest trends and insights prevalent in the Global Swimwear Market, click the link below:

Global Swimwear Market: Restraints

High investment require for R &D to cater to changing demand for various designs and fabric is expected to hinder growth of the swimwear market.

Global Swimwear Market - Impact of Coronavirus (Covid-19) Pandemic

The Covid-19 outbreak has had an adverse impact on various industries including swimwear manufacturing industry around the globe. Moreover, during pandemic swimming pool were forced to close down in order to curb the spread of infection. Also, various swimming shows around the globe wear cancelled. For instance, in June 2020, 11 of the trade shows and runway shows that were supposed to be held during July’s Miami Swim Week have been canceled. Thus, the market of swimwear was negatively affected during pandemic.

Key Takeaways:

The global Swimwear market was valued at US$ 12,500.38 Mn in 2021 and is forecast to reach a value of US$ 16896.45 Mn by 2030 at a CAGR of 3.5% between 2022 and 2030.

By Type women’s swimware segment held dominant position in the global swimwear market in 2021, accounting for 68% share in terms of value, increasing approval and launch of new products is expected to propel growth of the segment during the forecast period.

Market Trends:

Growing demand for sustainable swimwear due to environmental concerns is encouraging manufacturer to introduce eco-friendly and sustainable swimwear. For instance, in February 2019, Madewell launched sustainable swimwear line. The textile is made from recycled plastic bottles. The collection includes 32 pieces that range from high-waisted bikinis to backless one-pieces in simple prints or solids

Growing trend of slimming swimsuits due to its built-in shape wear is expected to be one of the key trend in the market. Slimming swimsuits are gaining high traction among women as they are more conscious about how they carry themselves in swimsuits. For this reason manufacturer are also coming up with different shapes and size of slimming swimsuits.

Global Swimwear Market: Competitive Landscape   

  • Pentland Group PLC
  • Adidas AG
  • Wacoal Holdings Corporation
  • Nike Inc.
  • Swimwear Anywhere Inc. (TYR Sports Inc.)
  • Arena SpA (Berkshire Hathaway)
  • La Jolla Group
  • Tennor Holding BV (La Perla)
  • TJ Swim
  • LVMH Moët Hennessy Louis Vuitton
  • Marysia LLC

Recent Developments:

  1. In April 2021, Nike Inc. entered sustainable swimwear category with the launch of the Icon Collection, the swim brand’s first sustainable    It   includes   men’s   and women’s swimwear category that’s made with 85% or more sustainable fabrics and trims, including recycled lining and jerseys.
  2. In July 2021, Coco Reef bra-sized swimwear brand announced the Flaunt Your Shape in Every State campaign with a virtual road trip across America.



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