The increasing number of sports participants, increasing per capita income and increasing purchasing power are driving growth

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Global market for women’s sportswear and swimwear

Global market for women's sportswear and swimwear

Global market for women’s sportswear and swimwear

Dublin, Nov. 15, 2022 (GLOBE NEWSWIRE) — The Women’s Sportswear and Swimwear Market Size, Share and Trend Analysis report by fiber (cotton, polyester, cellulose, nylon), by distribution channel (offline, online), by Region, and Segment Forecasts, 2022-2028” was added to the report ResearchAndMarkets.com Offer.

The global women’s sportswear and swimwear market size is estimated to be USD 199.73 billion by 2028 and is projected to grow at a CAGR of 6.0% from 2022 to 2028.

This growth is due to factors such as the increasing number of sports participants, increasing per capita income and purchasing power. In addition, the increasing number of global and regional competitions contributes to the growth of this market. Additionally, apparel manufacturers are using automatic machines to increase production while trying to reduce the associated costs.

The outbreak of the COVID-19 pandemic led to a global lockdown and people in different countries were forced to stay at home to stop further spread. Numerous sporting events organized at national, regional or global level have been canceled worldwide. This led to a decline in sales of sportswear and swimwear. Demand for such products has been reduced and supply chains have been completely disrupted, negatively impacting the market.

The changing fashion trends are leading to growing consumer awareness of swimwear and sportswear, which is driving the market growth. Moreover, the usage of e-commerce and social network sites among the young population has been increasing rapidly across the world, which is making a major impact on the market during the forecast period. Due to the above factors, sportswear and swimwear are enjoying great popularity thereby driving the growth of the overall market.

The cotton segment contributed the second largest revenue share in the global market at around 30% in 2021 and is expected to grow at the highest CAGR of 7.0% from 2022 to 2028. Breathable and absorbent, cotton is mainly used in the textile industry to make the human body warm in cool weather and absorb sweat. Cotton is one of the main industry preferences compared to other synthetic and natural fibers due to its lack of side effects on the skin and comfort.

The offline sales channel contributed to a larger market share of over 75% in 2021. The offline channel includes exclusive stores, hypermarkets and supermarkets, and retail outlets. Manufacturers and marketers use the traditional retail channel to increase sales. The segment includes organized retail channels that are more customer-centric and provide better services by selling a variety of garments directly to end consumers. Additionally, these stores provide the end users with a choice of physical inspection as well as testing and setup of products thus contributing to the revenue of the market.

Asia-Pacific is forecast to grow at the highest CAGR of 7.0% from 2022 to 2028. China and India contribute positively to the growth of the market. With the largest growing population and increasing disposable income, the region is experiencing tremendous demand for clothing. Hence, the region is forecast to grow at the highest CAGR over the forecast period.

Highlights of the Women’s Sportswear and Swimwear market report

  • Europe held the second largest share in 2021 at over 35%. This is attributed to developed economy countries with changing trends and high disposable income

  • The polyester segment dominated the market and had a share of over 55% in 2021, which is attributed to the increasing use of polyester for the manufacture of apparel in the textile industry

  • The online sales channel is expected to grow at the fastest CAGR of 7.2% over the forecast period. This is attributed to the increased use of the online channel due to the availability of products at a great price and door-to-door delivery

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Summary

Chapter 3. Women’s Sportswear and Swimwear Market Variables, Trends and Scope
3.1. launch
3.2. Mapping penetration and growth prospects
3.3. Industry value chain analysis
3.3.1. Distribution/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. market dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Constraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Analysis of the business environment
3.5.1. Industry Analysis – Porter’s Five Forces
3.5.1.1. supplier performance
3.5.1.2. buyer power
3.5.1.3. substitution threat
3.5.1.4. Threat of newcomers
3.5.1.5. competition
3.6. Roadmap of the women’s sportswear and swimwear market
3.7. Market Entry Strategies
3.8. Effects of COVID-19

Chapter 4. Consumer Behavior Analysis
4.1. Consumer trends and preferences
4.2. Factors influencing the purchasing decision
4.3. Adoption of consumer fibers
4.4. Observations & Recommendations

Chapter 5. Women’s Sportswear and Swimwear Market: Fiber Estimates and Trend Analysis
5.1. Fiber Movement Analysis and Market Share, 2021 and 2028
5.2. Cotton
5.2.1. Market Estimates and Forecasts, 2017-2028 (in million USD)
5.3. polyester
5.3.1. Market Estimates and Forecasts, 2017-2028 (in million USD)
5.4. cellulose
5.4.1. Market Estimates and Forecasts, 2017-2028 (in million USD)
5.5. nylon
5.5.1. Market Estimates and Forecasts, 2017-2028 (in million USD)

Chapter 6. Women’s Sportswear and Swimwear Market: Distribution Channel Estimations and Analysis of Trends
6.1. Analysis of distribution channel movement and market share, 2021 and 2028
6.2. On-line
6.2.1. Market Estimates and Forecasts, 2017-2028 (in million USD)
6.3. Offline
6.3.1. Market Estimates and Forecasts, 2017-2028 (in million USD)

Chapter 7. Women’s Sportswear and Swimwear Market: Regional Estimates and Trend Analysis

Chapter 8. Competitive Analysis
8.1. Key global players, current developments and their impact on the industry
8.2. Categorization of key companies/competitors (key innovators, market leaders, emerging players)
8.3. provider landscape
8.3.1. Market Share Analysis of Major Companies, 2021

Chapter 9. Company Profiles
9.1. Nike, Inc.
9.1.1. company overview
9.1.2. financial performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Adidas AG
9.2.1. company overview
9.2.2. financial performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Puma SE.
9.3.1. company overview
9.3.2. financial performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Under Armor, Inc.
9.4.1. company overview
9.4.2. financial performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. New Balance, Inc.
9.5.1. company overview
9.5.2. financial performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Lululemon Athletica, Inc.
9.6.1. company overview
9.6.2. financial performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Columbia Sportswear Company
9.7.1. company overview
9.7.2. financial performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Asics Corporation
9.8.1. company overview
9.8.2. financial performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Fila Korea Corporation
9.9.1. company overview
9.9.2. financial performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Adidas AG
9.10.1. company overview
9.10.2. financial performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives

For more information about this report, visit https://www.researchandmarkets.com/r/upmanm

Appendix

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