The Global Womens Swimwear Market Growth Accelerated By Rising Popularity Of Plus-Size Swimwear
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| Womens Swimwear Market |
Swimwear is an integral part of apparel for aquatic activities such as swimming, surfing, water sports, and relaxation. Womens swimwear is designed to offer higher comfort, support, and coverage during water activities. Plus-size womens swimwear provide all the features of regular swimwear along with additional sizes. The rising popularity of plus-size swimwear among women is leading to growing demand.
The global Womens
Swimwear Market is estimated to be valued at US$ 9,058.77 million in 2023 and is expected to exhibit a CAGR of 5.7% over the forecast period 2023 to 2030, as
highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the womens swimwear market is rising
popularity of plus-size swimwear. Currently, over 60% of women wear sizes
between 16-24 in the US. However, traditional swimwear brands typically offer
sizes only up to size 16. This has created an addressable market for plus-size
swimwear. Many swimwear brands are now offering sizes up to 24, catering to the
growing plus-size demographic. Several fashion bloggers promoting body positivity
are also normalizing the use of swimwear in larger sizes, which is positively
impacting market growth. The availability of stylish swimwear in extended sizes
is removing barriers for plus-size women to participate in water sports and
beach activities.
Segment Analysis
The global women's swimwear market is dominated by the one-piece swimsuits segment
which accounts for around 45% share of the total market. One-piece swimsuits
are preferred for their functional aspects like modesty and ability to move freely
in water. Their modest silhouette makes them appropriate for multi-occasional
use like swimming, floating, tanning, yoga etc.
Key Takeaways
The global Womens
Swimwear Market Demand is
expected to witness high growth over the forecast period of 2023 to 2030
supported by increasing participation of women in water sports, beach
activities and popularity of vacationing at tropical destinations. The global
womens swimwear market is estimated to be valued at US$ 9,058.77 million in
2023 and is expected to exhibit a CAGR
of 5.7% over the forecast period
2023 to 2030.
Regional analysis
The Asia Pacific region currently dominates the global women's swimwear market
with over 35% value share. Countries like Thailand, Malaysia and Indonesia are
witnessing rise in number of beach resorts and water theme parks which is
driving the demand for swimwear. Organized retail and e-commerce channels are
further boosting consumption in the region. The North America region is
expected to register fastest growth during the forecast period led by the
United States where swimwear brands actively introduce new designs and
participate in fashion shows and events.
Key players
Key players operating in the women's swimwear market are Marysia LLC, Chanel
Group, Missoni SpA, Swimwear Anywhere Inc., La Jolla Group, LA Perla, TJ Swim,
Pentland Group PLC, Adidas AG, Wacoal Holdings Corporation, and Puma Inc.
Marysia LLC specializes in cold shoulder one-piece swimsuits which have become
quite popular amongst beachgoers in recent times. Chanel Group dominates the
luxury swimwear category with signature prints and classic designs.
Check
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