Rising Popularity of Beach Culture and Water Sports Drives the Global Swimwear and Beachwear Market, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) November 17, 2014 -- Follow us on LinkedIn – The global swimwear and beachwear market is witnessing steady growth, driven by growing health consciousness, rising popularity of beach culture and water sports, increasing emphasis on active and healthy lifestyles, and continued innovations in swimsuit design and technology. Other factors driving demand in the market include growth of the beauty and spa industry, increasing life expectancy and the consequent increase in interest among the aged towards staying fit. Aging-but-active population in the US, Japan, and Europe as well as in emerging markets of Asia and Latin America, presents attractive opportunities for swimwear manufacturers.
Regional boundaries for fashion are fast blurring with increasing globalization where design trends have become more global than ever. Over the years, fashion, which was more concentrated on the element of style and innovation, is gradually changing its definition to the ‘comfort’ aspect. Increasing incorporation of the comfort element is attracting more consumers to swimwear. Women continue to be the larger buyer group in the global swimwear and beachwear market. They also constitute the highest spenders on expensive swimwear, while men continue to be price sensitive. The trend however, appears to be changing gradually, with men also beginning to show increased interest towards purchasing expensive swim and beachwear as the emphasis on aesthetics increases. Children's swimwear category, on the other hand, represents the fastest growing segment within the global swimwear and beachwear market. High end designers, who earlier emphasized more on the women’s segment, have now realized the potential of this exceptionally growing market segment, and are designing swimwear for this category.
As stated by the new market research report on Swimwear and Beachwear, Brazil constitutes the largest market in terms of unit sales and the United States in terms of value sales. Asia-Pacific, driven largely by China, represents the market with the highest potential for future growth. China represents the fastest growing market for swimwear and beachwear, both in terms of value and volume. Growing acceptance of swimwear as fashion attire, increasing consumer disposable income, and growing influence of western culture, are some of the major factors spurring growth in the country.
Major players covered in the report include American Apparel Inc., Arena Italia S.p.A, Diana Sport, Wacoal Eveden Ltd., La Perla Group, NoZONE Clothing Limited, O'Neill Inc., PARAH S.p.A, Pentland Group Plc., Speedo International Ltd., Perry Ellis International Inc., Jantzen Apparel LLC, Quiksilver Inc., Seafolly, Seaspray Swimwear, Tefron Ltd., Swimwear Anywhere, Inc., TYR Sport Inc., and PVH Corp.
The research report titled “Swimwear and Beachwear: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of the swimwear and beachwear market, current trends, growth drivers, segmental analysis, new product introductions, strategic corporate developments, and focus on major and niche global and regional market participants. The report provides market estimates and projections in US$ and Units for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, and Rest of Europe), Asia-Pacific (China, South Korea and Rest of Asia-Pacific), Latin America (Brazil and Latin America) and Rest of World. Product segments analyzed in the report include Men's Swimwear and Beachwear, Women's Swimwear and Beachwear, and Children's Swimwear and Beachwear.
For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Swimwear_and_Beachwear_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
###
Public Relations, Global Industry Analysts, Inc., http://www.StrategyR.com/, +1 408-528-9966, [email protected]
Share this article