Market Overview:
Men’s Swimwear Market Size Was Valued at USD 402.2Billion in 2022, and is Projected to Reach USD 517.46 Billion by 2030, Growing at a CAGR of 3.2% From 2023-2030.
Men's swimwear is clothing made for swimming and water activities. Compared to other men's apparel, men's swimsuits are often more form-fitting and have elastic straps or waistbands to keep them in place. Several design features set men's swimwear apart from beachwear, activewear, and other categories of men's clothing. One of the most well-liked and rapidly expanding categories in men's clothes is swimwear. The market expansion is predicted to profit from the growing awareness of the advantages of physical activities, such as swimming, for keeping a healthy lifestyle. Another important element driving the market's expansion is product innovation as a result of the growing demand for stylish sports gear.
Top Key Players Covered In The Men’s Swimwear Market:
- Arena Spa (Italy)
- CHANEL Ltd. (UK)
- Decathlon SA(France)
- DICKS Sporting Goods Inc. (US)
- Frescobol Carioca (UK)
- Hennes and Mauritz AB (Sweden)
- Hermes International SA (France)
- Jack and Jones (Denmark)
- Love Brand and Co (UK)
- Nike Inc. (US), and Other Major Players.
Market Dynamics and Factors:
A common summertime activity is swimming. The harmful effects of UV radiation on the human body have risen, however, as a result of considerable climatic changes, particularly during or after swimming in open spaces like swimming pools and beaches. UV rays have the potential to cause skin cancer, tanned skin, rashes, sunburns, heat rashes, wrinkles/aging, and even skin cancer in rare circumstances. To preserve their skin, swimmers are looking for men's swimwear that can cover a sizable section of their bodies. After swimming, swimmers dress in long-sleeve swimsuits for their upper bodies and coverups for their lower parts. Vendors have released new items in response to the growing demand for long-sleeve swimsuits, During the forecast period, these factors will drive the growth of the global men's swimsuits market.
Men are becoming more and more interested in more stylish and current casual, formal, and swimming clothes. The recognition of vividly colored designer men's swimwear as a trend by millennials and Gen Z has expedited the market's rise. Additionally, the desire of consumers for swimwear designed for particular activities drives the production of subpar goods. Additionally, the customer has expressed satisfaction with the addition of neoprene fiber to the main manufacturing fabric to improve flexibility and performance. Furthermore, the incorporation of ultrasonic automatic sewing machines to fuse the fabric during the production of professional-grade swimsuits is driving the market toward future expansion.
Men’s Swimwear Market Report Highlight:
- By Product type, the swim trunks segment is anticipated to lead the growth of the Men’s Swimwear market in the forecasted timeframe. Swimming is the most popular worldwide, and now a day’s people use majorly swim trunks for swimming. Swim trunks are longer (coming down to the knee or below, depending on style & preference).
- By Fabric type, the load-balancing segment is expected to have the highest share of the Men’s Swimwear market over the projected period. Various fabrics, including spandex, polyester, polyester-spandex blends, and nylon, are used to create swimsuits. Polyester and Spandex are two popular materials for swimwear, each with its own set of advantages, thereby boosting segment growth.
- By Distribution channel, the gaming industry segment is set to develop at the highest CAGR during the forecasted timeframe. Supermarkets are becoming increasingly popular due to the availability of a diverse range of consumer goods under a single roof, ample parking space, and convenient operating hours. These stores offer a variety of brands in a specific product category, giving customers more options. Furthermore, some supermarkets have company representatives to assist customers in selecting proper swimwear.
- The Asia Pacific region is expected to have the highest share of the Men’s Swimwear market over the projected period. The growing retail sectors in the Asia Pacific region support market growth. By Statista, In the fiscal year 2021, the sports and leisure retail market in India was valued at 158 billion Indian rupees.
Key Industry Development:
- In September 2023, Vuori: Introduced its Strato Short presents a modern and versatile option, seamlessly blending fashion and performance. Crafted with precision and a keen eye for design, it promises comfort, durability, and a contemporary aesthetic that caters to the evolving needs of those who seek both fashion-forward and high-performance apparel for their active lifestyle by the shore.
- In April 2023, Patagonia: Released its "Torrentshell 3L Swim Shorts" made from 100% recycled nylon and featuring a PFC-free DWR finish. This caters to eco-conscious consumers seeking durable and responsible swimwear options.
Men’s Swimwear Market Segmentation:
By Product type
- Racing Suits
- Drag Suits
- Leg Skin
- Swim Trunks
- Others
By Fabric Type
- Nylon
- Polyester
- Cotton
- Spandex
- Others
By Distribution Channel
- Hypermarkets/Supermarkets
- Sports Outlets
- Specialty Stores
- Online
- Others
For this report, Introspective Market Research has segmented the Men’s Swimwear Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
- North America
- The U.S.
- Canada
- Mexico
- Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
- Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
- Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
- Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- South America
- Brazil
- Argentina
- Rest of SA
