The global men’s swimwear market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022-2028). It is a garment designed for swimming and water sports. The major factor expected to drive the market growth is the product innovation as a result of the rising demand for fashionable sports apparel, and the increasing use of e-commerce websites, such as Myntra and Amazon, which offer a wide range of products at discounted prices and Cash-On-Delivery (COD) services. In addition, the growing public awareness regarding the benefits of participating in physical activities such as swimming to maintain a healthy lifestyle, and manufacturers increasing their R&D spending to develop sophisticated products are some factors that propel the growth of the global men’s swimwear market during the forecast period. Additionally, by fabric type, the polyester segment is estimated to hold significant share in the market during the forecast period as they possess excellent strength and UV resistant properties, and have excellent durability as well as quick-drying characteristics.
Some major players in the market include Perry Ellis International Inc., Diana Sport, and Pentland Group plc, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in October 2021, Skims Body Inc. entered into a partnership with Italian fashion house Fendi to release a unique collection. Further, the company mentions that the upcoming SKIMs x Fendi ready-to-wear collection will feature swimsuits, form-fitting dresses, and tops, and prices start at $950. Further, in May 2019, Row DEBAYN announced the launch of swim shorts with a classic fit and adjustable side fasteners which comprises 4-way stretch polyamide fabrics, which provides optimum comfort in water sports and sailing.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Fabric Type
- By Distribution Channel
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Perry Ellis International Inc., Diana Sport, and Pentland Group plc, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
A full report of Global Men’s Swimwear Market is available at: https://orionmarketreports.com/global-mens-swimwear-market/108824/
Global Men’s Swimwear Market Report by Segment
By Product Type
- Racing Suits
- Drag Suits
- Square Leg Suits
- Leg Skin
- Swim Trunks
- Others
By Fabric Type
- Nylon
- Polyester
- Cotton
- Spandex
- Others
By Distribution Channel
- Hypermarkets/ Supermarkets
- Sports Outlets
- Specialty Stores
- Monobrand Stores
- Online
- Others
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