- The key vendors in the global swimwear market 2015-2019 are Arena Italia, La Perla, Rue Royale Diana, Speedo International, and Wacoal Holdings.
London, 09 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global swimwear market 2015-2019. With the rise in demand for swimming as a sport, as a leisure activity, and as an exercise option, vendors are launching products in various colors, cuts, styles, prints, and materials to suit the different requirements. Major swimwear vendors sell products specifically aimed at fashion-oriented audiences. The global swimwear market is expected to grow at a CAGR of 5.67% during the forecast period of 2014-2019.
More people have been showing interest in swimming and water sports in the last three years. Participation rates for water sports in the US went up to around 14% in 2014. Also, the vendors of swimwear are investing heavily to develop comfortable and stylish products. The Americas dominate the global market for swimwear, accounting for around 47% of the total market share.
“Swimwear vendors are realizing the potential of this sector and launching products in a range of large sizes, designs, styles, and cuts,” says Faisal Ghaus, Vice President of Technavio Research.
“Demand for modest swimwear has been growing gradually in the last few years, attributable to factors including sun protection, religious beliefs, and personal choice.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
If you are interested in more information on this topic and our upcoming research on the Global Swimwear Market 2015-2019, please send an e-mail to media@TechNavio.com
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