Increase in health consciousness among women led to adoption of fitness activities such as yoga, jogging, swimming, &aerobics
PORTLAND, 5933 NE WIN SIVERS DRIVE, #205, UNITED STATE, August 8, 2023/EINPresswire.com/ — Allied Market Research published a report, titled, “Women Sports and Swimwear Market by Material (Synthetic, Natural), by Price Point (Premium, Mass), by Distribution Channel (E commerce, Supermarkets and hypermarkets, Brand Outlets, Discount Stores): Global Opportunity Analysis and Industry Forecast, 2021-2031.”According to the report, the global women sports and swimwear industry generated $81.73 billion in 2021, and is estimated to reach $148.32 billion by 2031, witnessing a CAGR of 6.4% from 2022 to 2031.
Drivers, Restraints, and Opportunities
Increase in health consciousness among women led to adoption of fitness activities such as yoga, jogging, swimming, &aerobics and thus, increased the demand for sports and swimwear. This, in turn, drives the growth of the global women sports and swimwear market. Moreover, increase in demand for high-end swimwear and expansion of public and private swimming pools supplement the growth. However, the presence of counterfeit goods and fluctuating costs of raw materials used for manufacturing clothes restrain the market growth. On the other hand, high adoption of e-commerce platforms and the emergence of innovative materials such as neoprene create opportunities in the coming years.
Get detailed COVID-19 impact analysis on the Women Sports and Swimwear Market @https://www.alliedmarketresearch.com/request-for-customization/17283?reqfor=covid
Production activities for sports and swimwear were stopped completely or partially due to lockdown implementation, unavailability of sufficient workforce, and disruptions in the supply chain worldwide. This impacted the overall production volumes.
The demand from sports and swimwear reduced considerably due to closure ofsports events, gyms, fitness centers, and other places that promote physical activities. Moreover, swimming pools and beaches were also closed during