Swimwear market seen reaching $30.9 billion by 2032

By AI, Created 12:01 PM UTC, May 28, 2026, /AGP/ – Allied Market Research projects the global swimwear market will grow from $19.8 billion in 2022 to $30.9 billion by 2032, driven by product innovation, women’s demand and expanding online sales. Neoprene, Asia-Pacific and the online channel are forecast to post the fastest growth.

Why it matters: - The swimwear market is on track to add about $11.1 billion in annual value by 2032, signaling steady demand across fabrics, channels and regions. - Growth in women’s, online and premium-style segments points to a market that is being shaped by fashion, comfort and performance needs.

What happened: - Allied Market Research said the global swimwear market was valued at $19.8 billion in 2022 and is estimated to reach $30.9 billion by 2032. - The report forecasts a 4.5% compound annual growth rate from 2023 to 2032. - The research covers fabric, end user, distribution channel and regional segments. - The report includes a sample PDF at request sample. - The company also promoted a discounted purchase option for the report at buy now. - Buyers can also submit questions before purchasing through purchase inquiry.

The details: - By fabric, the market includes polyester, nylon, neoprene, spandex and others. - Polyester held the largest share in 2022 because of stretch, shrink-resistance, quick drying and easy washing. - Neoprene is projected to post the highest fabric CAGR at 6.2% during the forecast period. - By end user, the market is split into women, men and children. - Women accounted for more than 65% of global market revenue in 2022 and are expected to keep the lead. - Women’s swimwear is projected to grow at a 4.3% CAGR through 2032. - By distribution channel, the market is divided into online and offline sales. - Offline channels, including hypermarkets, supermarkets, specialty stores and convenience stores, held more than 85% of the market in 2022. - Online sales are projected to grow at a 6.0% CAGR, the fastest among channels. - North America held the largest regional share in 2022. - Asia-Pacific is projected to grow the fastest at a 5.4% CAGR from 2023 to 2032. - The U.S. was the largest country by revenue generation in 2022. - Key companies profiled include Haddow Group Plc, Nike Inc., Boardriders, Inc., Arena Italia S.p.A., Swimwear Anywhere, Inc., Adidas AG, Dick’s Sporting Goods, Gap Inc., Phillips-Van Heusen Corporation (PVH Corp.) and Perry Ellis International Inc. - Related reports include Diving Suits Market, Tracksuit Market and Yoga Clothing Market.

Between the lines: - The report frames product innovation as the main growth driver, especially designs that balance comfort, function and fashion. - Analysts said women’s demand for luxury and high-brand swimwear is also supporting market expansion. - The split between offline dominance and faster online growth suggests the category is still retail-heavy, but e-commerce is gaining share.

What’s next: - The report expects established brands to keep investing in new products to defend share and expand into new markets. - Asia-Pacific’s faster growth rate could make the region a more important target for future expansion. - Online distribution should continue to gain ground if consumers keep shifting toward convenience and broader product selection.