Global Swimming Gear Market to grow at a CAGR of 5.33% during the period 2016 - 2020; Finds New Report

Report forecast the global swimming gear market to grow at a CAGR of 5.33% during the period 2016-2020.

Swimming gear consists of swimwear, swim caps, swim goggles, training equipment like floating devices, and hydration products. Of these, the swimwear segment held the largest share of the market in 2015, and we expect this segment to post the fastest growth rate among all of the other product segments over the next five years. This is because of factors like the growing popularity of swimming as a sport, as a leisure activity, and as a form of exercise. The demand for swim caps will also increase at a steady rate over the next five years. However, the growth of the swim goggles segment will likely be curtailed due to low adoption rates of these products.

The report covers the present scenario and the growth prospects of the global swimming gear market for 2016-2020 To calculate the market size, we have taken into consideration the sales revenue of different types of swimming gear.

The market is divided into the following segments based on geography:

• Americas
• APAC
• Europe
• MEA

According to the report, a key growth driver is the introduction of specialized products.  Specialized products that provide better protection and enhanced comfort while swimming, including UV protection, thermal swimwear, and more lightweight performance swimwear, are in high demand. We expect such innovative product launches to aid in the market growth considerably during the forecast period.

Further, the report states that one challenge that could hamper market growth is sociocultural restrictions in swimwear.

Global Swimming Gear Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global swimming gear market: Arena Italia, Aqua Sphere, Rue Royale Diana (Diana Sport), Speedo, and La Perla Global Management.

Other Prominent Vendors in the market are: Acacia, American Apparel, B. Swim, Billabong, Body Glove International, L*Space, Nozone Clothing, O’Neill Inc., Parah, Perry Ellis International, Quicksilver, Seafolly, and Swimwear Anywhere.

Market driver

• Introduction of specialized products
• For a full, detailed list, view our report

Market challenge

• Sociocultural restrictions in swimwear
• For a full, detailed list, view our report

Market trend

• Rising modest swimwear market
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 58 pages and 25 Exhibit “Global Swimming Gear Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product type, Market segmentation by retail formats, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Key vendor analysis, Appendix.

For more information Visit at: http://mrr.cm/Jnn

Find all Sporting Goods Reports at: http://www.marketresearchreports.com/sporting-goods