Women Sports and Swimwear Market Research Report Archives

Women Sports and Swimwear Market Growth, Share, Key Players, Revenue Demand, Rising Trends, Opportunities and Forecast Analysis till 2033: SPER Market Research

Women’s sportswear is clothes made especially for athletic pursuits that offers support, comfort, and flexibility. It includes apparel constructed of breathable, moisture-wicking materials, such as leggings, sports bras, shorts, tank tops, and jackets, to improve performance in team sports, yoga, and jogging. Comfort and ease of mobility are guaranteed by the design’s emphasis on practicality, robustness, and style. Conversely, women’s swimwear is apparel made specifically for swimming and other water-based activities. For optimal comfort and movement, it has bikinis, one-piece swimsuits, tankinis, and cover-ups made of flexible, water-resistant materials. Swimwear accommodates a variety of style and coverage preferences while offering protection, support, and mobility. For active ladies, swimwear and athletics are made to blend fashion with utility.

According to SPER Market Research, ‘Women Sports and Swimwear Market Size– By Fiber, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Global Women Sports and Swimwear Market is estimated to reach USD 168.83 billion by 2033 with CAGR of 6.69%.  

The growing number of women participating in sports and fitness activities is one of the main factors propelling the global market for women’s sportswear and swimwear. Demand for cozy, practical, and fashionable sportswear has increased as more women embrace active lifestyles and participate in a variety of physical activities. Growing knowledge of the health advantages of regular exercise, such as weight management, a lower risk of chronic diseases, and enhanced mental health, is also driving this trend. As a result, the market is expanding as women’s sportswear and swimsuits gain popularity. The market’s reach has also been increased by athletes and social media celebrities that support inclusion and body positivity.

The availability of counterfeit goods is a significant barrier that could impede the expansion of the worldwide market for women’s sportswear and swimwear. The market is overflowing with fake goods, which frequently offer inferior quality and don’t adhere to safety and performance regulations, as a result of the growing desire for stylish and superior sportswear. These goods not only put customers at risk, but they also damage the reputation and brand image of respectable market participants. Consumer trust in authentic products may be weakened and market expansion impeded by the existence of counterfeit goods. Another issue is sustainability, since eco-friendly materials are becoming more and more in demand from customers, but producing sustainable textiles can be expensive.

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The market for women’s sportswear and swimwear was greatly affected by the COVID-19 epidemic, which resulted in store closures, interrupted supply chains, and decreased consumer purchasing because of economic instability. The closure of numerous physical stores and gyms decreased the market for sports equipment and apparel. As people concentrated on staying active at home, the epidemic also led to a rise in online purchasing and a rise in the demand for athleisure and equipment for at-home workouts. Travel restrictions and restricted access to beaches and pools caused a dramatic fall in swimwear sales. As regulations relaxed, the market recovered, and the sportswear and swimwear sectors also saw growth due to consumers’ increased interest in outdoor recreation and trips.

Women Sports and Swimwear Market Key Players:

The United States controls the majority of the women’s sports and swimwear industry due to its strong fitness culture, high demand for athleisure and swimwear products, and presence of major international companies. Some of the key players are – Nike Inc., Adidas AG, Puma SE, Under Armour Inc., and New Balance Inc.

Global Women Sports and Swimwear Market Segmentation:

By Fibre: Based on the Fibre, Global Women Sports and Swimwear Market is segmented as; Cotton, Polyester, Cellulosic, Nylon.

By Distribution Channel: Based on the Distribution Channel, Global Women Sports and Swimwear Market is segmented as; Offline, Online.

By Region: This research also includes data for North America, Europe, Asia Pacific, Central & South America and Middle East & Africa.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report

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Women Sports Wear Market Share 2023, Latest Trends, Growth Drivers, Industry Size, CAGR Status, Revenue, Business Challenges, Opportunities and Future Outlook Till 2033: SPER Market Research

Athletic tournaments and workouts are the usual occasions when sportswear is worn. They are made to be both comfortable and agile when conducting physical tasks. Breathable materials used in sports apparel allow perspiration to evaporate faster, keeping the user cool for extended periods. Spandex, calico, polyester, and microfiber are a few of the most often used materials in the construction of these outfits.

According to SPER market research, ‘Women Sports and Swimwear Market Size – By Fibre, By Distribution Channel – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Women Sports and Swimwear Market is predicted to reach USD 168.83 billion by 2033 with CAGR of 6.69%.

Growing demand for upscale swimwear combined with the expansion of swimming pools, clubs, and other related activities is anticipated to propel market growth. Moreover, sportswear, or active wear, is comfortable and allows for flexibility in movement, which is driving up demand and propelling market expansion throughout the projected period. Moreover, customers are using sportswear and swimwear more frequently due to its many advantages, which include heat resistance, quick drying, static resistance, and others, which is propelling the market expansion. Furthermore, among the youth population worldwide, the internet is a major influencer. Additionally, producers are always attempting to improve the comfort and value-added characteristics of their products, which is anticipated to generate profitable chances for the market in the upcoming years.

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It can be difficult for manufacturers to adapt to the quick shifts in fashion trends and the desire for “fast fashion”. It’s critical to remain current and satisfy customer demands for features and appearance. Product demand for eco-friendly and sustainable goods is rising as environmental challenges become more widely known. Adopting sustainable methods in production, material procurement, and packaging presents hurdles for businesses in the sports and swimwear sectors. It is a never-ending problem to accommodate women’s varied body types. For women of all body shapes to be satisfied, it is imperative to offer inclusive sizing and make sure that sportswear fits properly. Changes in consumer buying habits, economic conditions, and exchange rates can all have an effect on consumers’ purchasing power.

Impact of COVID-19 on Global Women Sports and Swimwear Market

Governments in many nations imposed restrictions or encouraged residents to stay at home as a precaution during the COVID-19 pandemic and lockdown. Worldwide, a number of national, international, and regional sporting events were postponed. Additionally, public spaces and sports training facilities were shut down. As a result, limited manufacturing, disrupted supply chains, and lower demand caused a gap in the market’s garment sales. It is anticipated that the industry will have robust expansion in the following years, given the brief slack in market revenue. Owing to the economic rebound in most emerging economies, the women’s sports and swimwear industry is quickly returning to its pre-COVID levels, with steady growth predicted throughout the course of the forecast period.

Women Sports and Swimwear Market Key Players

Growth is predicted for Asia Pacific. India and China are favourably influencing the market’s expansion. The largest market share was given by Europe. As a result, this area generates the majority of market revenue. North America now has the second-biggest market share and is predicted to expand at a significant CAGR during the course of the forecast. Additionally, some of the market key players are Nike Inc., Adidas AG, Puma SE, Under Armour Inc., New Balance Inc., Lululemon Athletica Inc., Columbia Sportswear Company, Asics Corporation, Fila Korea Corporation and various others.