COVID-19 Impacts: Swimwear Market Will Accelerate at a CAGR of About 6% through 2020-2024 | Rising Number of Swimming Pools to Boost Growth | Technavio

Technavio has been monitoring the swimwear market and it is poised to grow by USD 6.74 billion during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200803005384/en/

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Free Sample Report on COVID-19 Impact

Frequently Asked Questions-

• At what CAGR is the market projected to grow during the forecast period 2020-2024?

• Growing at a CAGR of about 6%, the market growth will accelerate in the forecast period of 2020-2024.

• What is the key factor driving the market?

• Rising number of swimming pools is one of the key factors driving market growth.

• Who are the top players in the market?

• Arena Italia Spa, Chantelle Group, Gildan Activewear Inc., LVMH Moët Hennessy - Louis Vuitton, Perry Ellis International Inc., PVH Corp., Seafolly Pty. Ltd., SUNSETS Inc., Swimwear Anywhere Inc., and Wacoal Holdings Corp. are some of the major market participants.

• Which region is expected to hold the highest market share in the market?

• North America

• What is the major trend for swimwear market?

• Emergence of smart-connected swimwear is a major growth factor for the market.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arena Italia Spa, Chantelle Group, Gildan Activewear Inc., LVMH Moët Hennessy - Louis Vuitton, Perry Ellis International Inc., PVH Corp., Seafolly Pty. Ltd., SUNSETS Inc., Swimwear Anywhere Inc., and Wacoal Holdings Corp are some of the major market participants. The rising number of swimming pools will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Rising number of swimming pools has been instrumental in driving the growth of the market.

Swimwear Market 2020-2024: Segmentation

Swimwear Market is segmented as below:

• Distribution channel
  • Offline Distribution Channel
  • Online Distribution Channel
• Geographic Landscape
  • MEA
  • South America
  • APAC
  • Europe
  • North America
• Product
  • Women's Swimwear
  • Men's Swimwear
  • Children's Swimwear

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40976

Swimwear Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our swimwear market report covers the following areas:

• Swimwear Market size
• Swimwear Market trends
• Swimwear Market analysis

This study identifies emergence of smart-connected swimwear as one of the prime reasons driving the swimwear market growth during the next few years.

Swimwear Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the swimwear market, including some of the vendors such as Arena Italia Spa, Chantelle Group, Gildan Activewear Inc., LVMH Moët Hennessy - Louis Vuitton, Perry Ellis International Inc., PVH Corp., Seafolly Pty. Ltd., SUNSETS Inc., Swimwear Anywhere Inc., and Wacoal Holdings Corp. Backed with competitive intelligence and benchmarking, our research reports on the swimwear market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform

Swimwear Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist swimwear market growth during the next five years
• Estimation of the swimwear market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the swimwear market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of swimwear market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Women's swimwear - Market size and forecast 2019-2024
• Men's swimwear - Market size and forecast 2019-2024
• Children's swimwear - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel placement
• Offline distribution channel - Market size and forecast 2019-2024
• Online distribution channel - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Arena Italia Spa
• Chantelle Group
• Gildan Activewear, Inc.
• LVMH Moët Hennessy - Louis Vuitton
• Perry Ellis International Inc.
• PVH Corp.
• Seafolly Pty. Ltd.
• SUNSETS Inc.
• Swimwear Anywhere Inc.
• Wacoal Holdings Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200803005384/en/