The global men’s Swimwear market size is anticipated to reach USD 7.78 billion by 2030, registering a CAGR of 6.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Major factor contributing to the market growth includes product innovation as a result of rising demand for fashionable sports apparels. For instance, in 2017, McCartney formed a partnership with ISA Spa to increase the portfolio of their men’s swimwear collection and related products, such as boxers, beach bags, briefs, t-shirts, and towels.

Polyester-based swimwear apparels have the highest demand as they possess excellent strength and UV resistant properties. Furthermore, these products have excellent durability as well as quick drying characteristics. Increasing consumer awareness about advanced fabrics is expected to boost the demand for such products, thereby augmenting market growth. Online distribution channel is expected to be the fastest-growing segment channel over the forecast period.

Access the Men's Swimwear Market Size, Share & Trends Analysis Report By Fabric (Nylon, Polyester, Spandex, Others), By Distribution Channel (Online, Offline), By Region (North America, APAC, Europe), And Segment Forecasts, 2024 – 2030

Rising penetration of e-commerce websites, such as Myntra and Amazon, which offer a wide range of products at discounted prices and Cash-On-Delivery (COD) services is expected to have a positive impact on the segment growth. Asia Pacific led the global market in 2018 and is projected to expand at the highest CAGR from 2019 to 2025. Changing consumer behavior and growing disposable income levels in developing countries, such as China and India, are the key factors driving the regional market.

Men’s Swimwear Market Report Highlights

·        The polyester segment held the largest market revenue share of 35.1% in 2023. Attributing to its durability and resistance to wear and tear.

·        The spandex segment is expected to grow at a significant CAGR over the forecast period. Spandex, known for its superior elasticity and strength, allows for a snug fit that enhances comfort and flexibility during swimming and other water activities.

·        The offline segment dominated the market with the largest market revenue share in 2023. Offline retail offers customers the opportunity to physically touch and try on products, which is necessary for items like swimwear, where fit and comfort are important.

·        The online segment is expected to grow at a significant CAGR during the forecast period.

·        Asia Pacific held the largest market revenue share of 43.44% in 2023. Changing lifestyles and increasing disposable incomes have increased participation in leisure activities such as swimming and beach vacations.

·        Latin America is anticipated to witness the fastest growth over the forecast period. Latin America's growing trend towards health and fitness has increased participation in water sports and recreational activities such as swimming and beach-going.

Order your free sample copy of “Men's Swimwear Market Report 2024 - 2030, published by Grand View Research

Key Men's Swimwear Company Insights

Some of the key companies in the global men’s swimwear market include Jack Wills; Mr Porter; Male-HQ; Calvin Klein; Topman

·        Jack Wills provides an eco-friendly mid length swim shorts for men made form more than 95% of recycled polyester featured with an elasticated west band with drawstring for an adjustable fit. It is made from made from sustainably sourced recycled plastic bottle.

·        Mr Porter with its range of men’s swimwear Orlebar Brown, Vilebrequin, and Polo Ralph Lauren gives a wide range of swimwear which protects from UV radiation and comes in a smarter style and is also available in a printed design options.

Key Men's Swimwear Companies:

The following are the leading companies in the men’s swimwear market. These companies collectively hold the largest market share and dictate industry trends.

·        Jack Wills

·        MR.G'S Designs

·        Male-HQ

·        Mr Porter

·        Marcuse

·        Calvin Klein

·        Topman

·        Helly Hansen

·        Everlane

·        Faherty Brand

Recent Developments

·        In November 2022, Puma Private Equity completed over USD 2 million follow-on investment into Ron Dorff, a premium bodywear brand, in 2020. This investment follows a previous USD 4 million investment in 2020, supporting Ron Dorff's expansion plans, particularly in the U.S. market. The brand has grown significantly since its inception, with a strong online presence in menswear like swimwear & underwear and a network of global high-end wholesale partners.

About Grand View Research:

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials, and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit www.grandviewresearch.com

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