USD 132.5 billion
Report ID: SQMIG30L2100 | Region: Global | Published Date: June, 2023 | Pages: 157 | Tables: 84 | Figures: 76
Women’s Sports and Swimwear Market size was valued at USD 132.5 billion in 2021 and is poised to grow from USD 139.1 billion in 2022 to USD 224.4 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).
Women's sportswear and swimwear are crafted to offer comfort, functionality, and aesthetic appeal to women active in sports or swimming. The materials used in making these garments are lightweight, breathable, and fast-drying, enhancing performance and reducing discomfort. They are available in different styles, including one-piece, two-piece, and athletic separates, catering to different body types and preferences. Furthermore, several brands provide eco-friendly manufacturing processes and recycled materials, focusing on sustainability. The design and features of women's sports and swimwear are continuously evolving to meet the dynamic needs and demands of athletes and swimmers. North America holds the largest market share globally, owing to major players and increasing fitness-conscious consumers. However, the Asia Pacific region is expected to witness the highest CAGR during the forecast period, primarily due to the growing interest in sports and fitness activities among women, particularly in emerging economies such as China and India. The global women's sports and swimwear market major players include Nike Inc., Adidas AG, Puma SE, Under Armour Inc., Arena Italia S.p.A., and Speedo International Ltd. These companies focus on innovative product development, strategic collaborations, and marketing initiatives to maintain their market position and cater to women's consumers' diverse needs and preferences.
US Women’s Sports and Swimwear Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 132.5 billion
Largest Segment
Polyester
Fastest Growth
Polyester
Growth Rate
6% CAGR
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The Global Women’s Sports and Swimwear market is segmented by material type, distribution channel, end-user, and region. Based on material type, the Women’s Sports and Swimwear Market can be segmented into polyester and cotton. Based on distribution channel, the Women’s Sports and Swimwear Market is segmented into Offline retail and Online retail. Based on end-user, the Women’s Sports and Swimwear Market can be segmented into professional athletes, and recreational athletes. Based on region, the Women’s Sports and Swimwear Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Women’s Sports and Swimwear Market Analysis by Material Type
By material type the market can be segmented into polyester and cotton. Polyester is the dominating material type in the Global Women’s Sports and Swimwear Market. This is due to the benefits of polyester, such as its lightweight, durable, and quick-drying properties, which make it an ideal material for sportswear and swimwear. Polyester is also known for its ability to wick moisture away from the skin, which helps to keep athletes cool and dry during physical activities.
Cotton is expected to be the fastest-growing material in the Global Women’s Sports and Swimwear Market. This is due to the increasing demand for natural and sustainable materials in the fashion industry. Cotton is a natural fiber known for its comfort and breathability, making it a popular choice for clothing, including sportswear and swimwear. Additionally, cotton is biodegradable and environmentally friendly, a growing concern for consumers looking for more sustainable fashion options.
Women’s Sports and Swimwear Market Analysis by Distribution Channel
By distribution channel, the market can be segmented into offline and online. Currently, the offline market is the dominating distribution channel in the Global Women’s Sports and Swimwear Market. This is due to the fact that consumers often prefer to try on sportswear and swimwear before making a purchase. Additionally, physical stores provide a more personalized shopping experience, which can benefit consumers looking for guidance on sizing and fit.
However, the online market is expected to be the fastest-growing global Women’s Sports and Swimwear Market. This is due to the convenience and ease of shopping online and the availability of a wider range of products. Online shopping also allows consumers to compare prices and read reviews, which can help them make purchasing decisions.
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North America dominated the global market. The region is home to several prominent players in the industry, including Nike, Adidas, and Under Armour, and boasts a significant consumer base of fitness-conscious women. Moreover, the rising trend of athleisure and the increasing awareness about the health benefits of regular exercise has further driven the demand for women's sports and swimwear in the region.
The Asia Pacific (APAC) region is expected to be the fastest-growing region global market. The region is witnessing an increasing number of women participating in sports and fitness activities, and this trend is expected to continue in the coming years. Additionally, the growing popularity of sports events and fitness competitions in the region has created a surge in demand for trendy and high-quality women's sports and swimwear. Emerging economies such as China and India are contributing significantly to the growth of the APAC market, with increasing disposable incomes and a rising interest in fitness and sports.
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Women’s Sports and Swimwear Market Drivers
Increasing participation of women in sports and fitness activities
Women’s Sports and Swimwear Market Restraints
Availability of counterfeit products
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The global women's sports and swimwear market is highly competitive, with numerous players competing to cater to the diverse needs and preferences of consumers. Companies in the market focus on product innovation, strategic partnerships, and marketing initiatives to stay ahead of the competition. Additionally, sustainability has emerged as a key area of focus, with several players adopting eco-friendly manufacturing processes and using recycled materials in their products. The competition is further intensified by the presence of counterfeit products in the market, which undermines the brand image and reputation of legitimate players. As a result, companies in the market strive to differentiate themselves and maintain their market position by offering high-quality, trendy, and sustainable products.
Women’s Sports and Swimwear Market Top Player’s Company Profiles
Women’s Sports and Swimwear Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Women's Sports and Swimwear Market analysis, the market growth is driven by the rising demand for fashionable and functional sportswear and swimwear among women. Key market trends include the increasing focus on sustainability and eco-friendliness, the rise of athleisure and sportswear-inspired fashion, and the growing popularity of online shopping. Major players in the market include Nike, Adidas, Under Armour, Lululemon, and Puma. With the ongoing pandemic and shift towards a more health-conscious lifestyle, the demand for women's sportswear and swimwear is expected to continue growing in the coming years.
Report Metric | Details |
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Market size value in 2021 | USD 132.5 billion |
Market size value in 2030 | USD 139.1 billion |
Growth Rate | 6% |
Base year | 2021 |
Forecast period | 2023-2030 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Women’s Sports and Swimwear Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Women’s Sports and Swimwear Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Women’s Sports and Swimwear Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Women’s Sports and Swimwear Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Basic Plan $5,000 Team Plan $10,000 SUBSCRIBE NOWGlobal Women’s Sports and Swimwear Market size was valued at USD 132.50 billion in 2021 and is poised to grow from 133.10 billion in 2022 to USD 202.75 billion by 2030, growing at a CAGR of 6.2% in the forecast period (2023-2030).
The global women's sports and swimwear market is highly competitive, with numerous players competing to cater to the diverse needs and preferences of consumers. Companies in the market focus on product innovation, strategic partnerships, and marketing initiatives to stay ahead of the competition. Additionally, sustainability has emerged as a key area of focus, with several players adopting eco-friendly manufacturing processes and using recycled materials in their products. The competition is further intensified by the presence of counterfeit products in the market, which undermines the brand image and reputation of legitimate players. As a result, companies in the market strive to differentiate themselves and maintain their market position by offering high-quality, trendy, and sustainable products. 'Nike Inc. (US)', 'Adidas AG (Germany)', 'Puma SE (Germany)', 'Under Armour Inc. (US)', 'Arena Italia S.p.A. (Italy)', 'Speedo International Ltd. (UK)', 'Asics Corporation (Japan)', 'Lululemon Athletica Inc. (Canada)', 'Decathlon S.A. (France)', 'Columbia Sportswear Company (US)', 'New Balance Athletics Inc. (US)', 'Hanesbrands Inc. (US)', 'Patagonia Inc. (US)', 'Reebok International Ltd. (US)', 'Victoria's Secret (US)', 'Fabletics (US)', 'Sweaty Betty (UK)', 'Outdoor Voices (US)', 'Gymshark (UK)', 'Alo Yoga (US)'
One major driver behind the growth of the global women's sports and swimwear market is the increasing participation of women in sports and fitness activities. With more women adopting active lifestyles and engaging in various physical activities, there has been a surge in demand for comfortable, functional, and stylish sportswear. This trend is further fueled by the growing awareness about the health benefits of regular exercise, including weight management, reduced risk of chronic diseases, and improved mental health. Consequently, women's sports and swimwear are becoming more popular, leading to market growth.
One key market trend in the Global Women's Sports and Swimwear Market is the increasing focus on sustainability and eco-friendliness in the production of sportswear and swimwear. With growing concerns about the impact of fashion on the environment, many sportswear and swimwear brands are adopting sustainable practices and using eco-friendly materials such as recycled polyester, organic cotton, and biodegradable fabrics. Consumers are also becoming more conscious about the environmental impact of their purchasing decisions, leading to a rising demand for sustainable and eco-friendly sportswear and swimwear.
North America dominated the global market. The region is home to several prominent players in the industry, including Nike, Adidas, and Under Armour, and boasts a significant consumer base of fitness-conscious women. Moreover, the rising trend of athleisure and the increasing awareness about the health benefits of regular exercise has further driven the demand for women's sports and swimwear in the region.
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