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Children Sports And Swimwear Market Worth $45.6 Billion By 2028

Published: Feb 07, 2022

Children Sports & Swimwear Market Growth & Trends

The global children sports & swimwear market size is expected to reach USD 45.62 billion by 2028, registering a CAGR of 10.4% over the forecast period, according to a new report by Million Insights. The market growth is credited to the rising demand for elastic hem-based jackets in Europe. Surge in the adoption of chlorine-resistant swimwear from the consumers in China is also fueling the market growth. The rising popularity of lightweight lifestyle apparels is expected to bolster the market growth. In addition, the rising demand for polyester-based functional wear for summer sports is stimulating the market growth during the forecast period.

However, stringent government regulations regarding material testing and certification process may hamper the market growth. At present, key players are focusing on providing comfortable graphic shorts for sports and other purposes. Hence the market is expected to have a significant growth over the forecast period. The key players are also focusing on procuring a track suite with fleece material. Multiple companies are launching the premium-quality kids apparel products with various features, such as zip fastening, long sleeves suits, and ribbed cuffs etc. Surge in the adoption of swimwear will create lucrative opportunities for the global key players.

The global pandemic had affected the development landscape for the market. Financial crisis was augmented by the coronavirus pandemic. The global supply chain had disturbed owing to the nationwide lockdowns enforced across the globe. The supply chain of the market had slightly affected during the pandemic. The sales of local distributors were hindered owing to the strict regulations implemented by governments for offline trading. The swimwear segment is estimated to register the highest CAGR over the forecast period. This can be credited to the growing demand for print-patterned children swim top and matching pant products from the consumers in Middle East & Africa.

Swimwear with short raglan sleeves is fueling the market growth. Demand for functional wear and lifestyle apparel also reflects a significant market growth during the forecast period. This can be credited to the rising demand for the gymnastic wear products across the globe. The offline segment accounted for the largest revenue share of more than 72% in 2020. The offline segment consists of the domestic apparel suppliers, distributers, retailers, supermarkets & hypermarket. Diversified product offering and the value-added relationship with the clients are propelling the growth of this segment. North America accounted for the largest revenue share in 2020.

This is due to the increasing demand for endurance technology-based swimwear. The rising trend in the U.S. to adopt the swimwear with a material of nylon, polyester, and elastane will support the regional market growth. The Ease of accessibility of functional wear products at local apparel shops will also contribute to the market growth. Moreover, the rising demand for lifestyle apparels, such sweatpants, in the U.S. is anticipated to boost the market growth.

The report Children Sports And Swimwear Market Size, Share & Trends Analysis Report By Type (Track Suits, Separate Jackets & Pants, Swimwear), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2021 - 2028 is available now to Million Insights.

Children Sports & Swimwear Market Report Highlights

  • North America led the global market in 2020. This growth can be credited to the rising demand for lifestyle apparels, such sweatpants, in the U.S.
  • The swimwear product type segment held the highest revenue share in 2020 on account of the rising demand for print-patterned children swim tops and matching pants
  • Asia Pacific is projected to witness the fastest CAGR from 2021 to 2028. The rising demand for one-piece swimsuit products is estimated to boost the regional market growth over the forecast period
  • The online distribution channel segment is projected to register the fastest CAGR during the forecast timeline
  • Comprehensive description of products, web-based e-commerce platform, and ease of access of portal will contribute to boost the segment growth

Children Sports & Swimwear Market Segmentation

Million Insights has segmented the global children sports & swimwear market on the basis of type, distribution channel, and region.

Children Sports & Swimwear Type Outlook (Revenue, USD Million, 2017 - 2028)

  • Track Suits, Separate Jackets & Pants
  • Swimwear
  • Functional Wear
  • Lifestyle Apparel

Children Sports & Swimwear Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

  • Offline
  • Online

Children Sports & Swimwear Regional Outlook (Revenue, USD Million, 2017 - 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa

List of Key Players of Children Sports & Swimwear Market

  • Nike, Inc.
  • Adidas AG
  • Dolfin Swimwear
  • Puma SE, Inc.
  • Fila, Inc.
  • French Soda
  • Olga Valentine Swimwear
  • Monsoon Brands Ltd.
  • Decathlon
  • Arena swimwear