Explore the European Men’s Swimwear to Garner Incremental Growth Opportunity by Attaining a Market Value of UD$ 138.2 Million By The End Of 2032

[WhaTech] Explore the European Men’s Swimwear to Garner Incremental Growth Opportunity by Attaining a Market Value of UD$ 138.2 Million By The End Of 2032

Explore the European Men’s Swimwear to Garner Incremental Growth Opportunity by Attaining a Market Value of UD$ 138.2 Million By The End Of 2032

Men's Swimwear Market Analysis, By Product Type (Racing Suits, Drag Suits, Speedos, Square Leg Suits, Leg Skin), By Fabric type (Nylon, Polyester, Cotton, Spandex), By Pricing (Mid, Low Price & Premium Price Swimwear), By Distribution Channel & Region - Global Market insights 2022 to 2032

According to Fact.MR, a market research and competitive intelligence provider, the global men's swimwear market is estimated to be worth USD 402.2 million in 2022, growing at a staggering CAGR of 3.2% during the forecast period 2022-2032. expected to expand.

The men's swimwear market has benefited greatly from the high participation of men in swimming competitions and the provision of interesting scholarships for qualified swimmers. For example, Next College Student Athletes (NCGA) offers male swimmer scholarships to qualified athletes.

These programs motivate students to participate in swimming competitions.

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Apart from this, swimming is recommended and has various health benefits such as: Overbody workouts and increased physical energy are gaining attention from an increasingly health-conscious global youth population. Swimming also helps maintain cardiovascular disease, and since men are usually at higher risk for heart disease, it can help increase participation in swimming activities.

is expected to promote sales of

In addition, the increase in per capita disposable income will initiate a luxurious lifestyle, resulting in an increase in luxury swim clubs which is expected to increase the demand for the product. In addition to that, advances in swimwear have increased the demand for trendy sports apparel which will strengthen the mens swimwear market in the coming years.

Fact.MR analyzes that product development and production of lightweight and flexible men's swimwear will result in a strong customer base and market stakeholder retention.

Key takeaways from market research The global men's swimwear market is projected to reach US$535.4 million by 2032, expanding at a staggering CAGR of 2%. From 2017 to 2021, the market registered a CAGR of 9%. In the product type segment, swim trunks dominate the market, valued at USD 121.9 million in 2022. North America dominated the market with a 3% market share in 2021. Based on region, demand for men's swimwear is expected to grow at a CAGR of 4% and 2.7% in North America and Europe, respectively .

`` Aggressive marketing by manufacturers through social media will drive growth in the men's swimming market,'' said an analyst at Fact.MR.

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Competitive Landscape Prominent men's swimwear manufacturers are Amer Sports Corporation, American Apparel, Arena Italia, Dick's Sporting Goods, La Perla Group, NoZONE Clothing Limited, Orlebar Brown Limited, Parah Spa, Perry Ellis International, Speedo International and Triumph International.

In order to amass a strong customer base, major market players are concentrating on product innovation and development by providing better comfort to their customers. Apart from this, key companies are adopting inorganic growth strategies such as acquisitions, partnerships and mergers for geographical expansion and enhancement of product portfolios.

In October 2022 , Amer Sports  will enter the Chinese market by opening its first physical store in Beijing's Sanlitun district. The store is uniquely designed to foster closer ties with Chinese consumers. In September 2022 ,  Diks Sporting Goods  announced a partnership with Door Dash for on-demand retail delivery of sporting goods and apparel by giving consumers access to more communities. This will allow the company to increase its geographic expansion and revenue.

In a recently published report, Fact.MR provides detailed information on price ranges, sales growth, production capacity and speculative technological expansion of leading men's swimwear manufacturers across multiple regions.

Key Companies Profiled Amer Sports Corporation American Apparel Arena Italia Dick’s Sporting Goods La Perla Group NoZONE Clothing Limited Orlebar Brown Limited Parah S.p.a Perry Ellis International Speedo International Triumph International Segmentation of men's swimwear industry research By product type: racing suit drag suit Speedos square leg suit leg skin mens bikini swimwear for men By fabric type: Nylon polyester cotton spandex PBT By price: low price swimwear mid price swimwear swimwear at premium price By distribution channel: online store Department store specialty retailers mono brand store sports outlet By region: North America latin america Europe east asia South Asia/Oceania thing

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Source: WhaTech