Dublin, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The "Global Swimsuit Market (2023-2028) by Type, Fabric Type, Distribution Channel, End User, and Geography, Competitive Analysis, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Swimsuit Market is estimated to be USD 19.67 Bn in 2023 and is expected to reach USD 31.52 Bn by 2028, growing at a CAGR of 9.89%.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Swimsuit Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Swimsuit Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Swimsuit Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth Market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the Market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 213 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $19.67 Billion |
| Forecasted Market Value (USD) by 2028 | $31.52 Billion |
| Compound Annual Growth Rate | 9.8% |
| Regions Covered | Global |
Market Dynamics
Drivers:
- Increasing production innovation in swimwear.
- Growing interest in swimming as a fitness and recreational activity.
- Growing demand for luxury swimwear by women.
Restraints:
- Recent shortage of raw materials.
Opportunities:
- Incorporation of neoprene fiber to develop fabrics.
- Introduction of multifunctional cover-up swimwear and beachwear.
Challenges:
- Volatility in raw material prices.
- Rising R&D investment.
Companies Mentioned
- Adidas Ag
- ALIX NYC
- Arena Swimwear
- Beachbunny Swimwear
- Chanel Group
- Dick's Sporting Goods
- Dolfin Swimwear
- Fendi S.r.l.
- Gap, Inc.
- Gecktoe Grip Co., Ltd
- Gottex Swimwear
- H&M
- Jockey International, Inc
- LVMH Moet Hennessy Louis Vuitton
- Marks and Spencer
- Nike, Inc.
- Pentland Group PLC
- Perry Ellis International, Inc.
- Puma SE
- TYR Swimsuits
- Zara
Market Segmentation
The Global Swimsuit Market is segmented based on Type, Fabric Type, Distribution Channel, End User, and Geography.
- By Type, the market is classified into Women's Swimwear, Men's Swimwear, and Goggles and Swim Caps.
- By Fabric Type, the market is classified into Nylon, Polyester, Spandex, and Others.
- By Distribution Channel, the market is classified into Online Stores and Offline Stores.
- By End User, the market is classified into Men, Women, Boys, and Girls.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
For more information about this report visit https://www.researchandmarkets.com/r/q078kj
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