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WILMINGTON, Del. , Aug. 9, 2022 /PRNewswire/ -- The value of the global swimwear market was clocked at US$ 19.1 Bn in 2021. The demand analysis of swimwear projected the market to rise at a CAGR of 6.0% during the forecast period, from 2022 to 2031.The global market value of the swimwear is likely to reach US$ 34.2 Bn by 2031. The market for swimwear is growing as a result of rising interest in swimming as a sport and global health awareness. Swimming is a full-body, low-impact activity that has many positive psychological and physical effects. It reduces tension, improves muscle strength, and increases endurance.

In order to introduce swimwear that is lightweight, flexible, yet trendy, major companies in the global swimwear market are doing research and development operations. User application, individual preference, and prevailing fashion trends all influence the types of swimwear and swimsuits that are available. A study by Swim England's Swimming and Health Commission found that swimming reduces the likelihood of dying young by 28%. Swimming and other aquatic sports are safe, affordable, and effective ways to maintain your health and fitness, according to the research.

Asia-Pacific nations including Vietnam, India, China , and Bangladesh are major exporters of textiles and apparel to other countries. Due to their high labor productivity, these nations' production costs are cheap when compared to those of other reions or countries.  The global swimwear market has seen an increase in demand for various Asian brands, including Sea Salt & Vinegar Beachwear, Glamazed, and Wacol Holdings Ltd.

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Key Findings of Market Report

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Global Swimwear Market: Growth Drivers

Global Swimwear Market: Key Players

Some of the key market players are

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Consumer Goods Industry Research Reports 

Rainwear Market - The global rainwear market is expected to US$ 2.24 Bn by the end of 2031, It is estimated to expand at a CAGR of 5.9% from 2022 to 2031

Driving Apparel Market - The Europe market for driving apparels stood at US$ 3.3 Bn in 2018. Rising at a healthy CAGR of 5.6% from 2019 to 2027, the market valuation is likely to touch US$ 5.3 Bn by the end of 2027.

Luxury Apparels Market - The global luxury apparel market is expected to cross the value of US$ 115 Bn by the end of 2031, it is estimated to expand at a CAGR of 4% from 2021 to 2031

Fishing Waders Market - The global fishing waders market is expected to reach US$ 1,709.1 Mn by the end of 2031, grow at a CAGR of 6.3% from 2022 to 2031

Functional Apparel Market - The global functional apparel market is expected to reach value of US$ 638.7 Bn by the end of 2031, expand at a CAGR of 5.9% from 2022 to 2031

Bridal Gowns Market - The global bridal gowns market is expected to cross the value of US$ 82 Bn by the end of 2031, expand at a CAGR of 7.01% from 2021 to 2031

Outdoor Clothing Market - The global outdoor clothing market is expected to reach the value of US$ 23.6 Bn by the end of 2031, expand at a CAGR of 5.6% from 2022 to 2031

Knitwear Market - The global knitwear market is expected to surpass value of US$ 998.6 Bn by the end of 2031, grow at a CAGR of 5.6% from 2022 to 2031

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