Global Men Swimwear Market 2024

Men Swimwear Market Size

The global men swimwear market dropped to $X in 2023, with a decrease of X% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Global consumption peaked at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Men Swimwear Production

In value terms, men swimwear production dropped modestly to $X in 2023 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Men Swimwear Exports

Exports

After two years of growth, shipments abroad of mens swimwear (excluding of knitted or crocheted textiles) decreased by X% to X units in 2023. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The global exports peaked at X units in 2022, and then contracted in the following year.

In value terms, men swimwear exports expanded slightly to $X in 2023. In general, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in the immediate term.

Exports by Country

China (X units) and Bangladesh (X units) were the largest exporters of mens swimwear (excluding of knitted or crocheted textiles) in 2023, finishing at near X% and X% of total exports, respectively. Vietnam (X units) ranks next in terms of the total exports with an X% share, followed by Indonesia (X%) and the Netherlands (X%). The following exporters - Turkey (X units), Cambodia (X units), Myanmar (X units), Italy (X units), Jordan (X units), Germany (X units) and Sri Lanka (X units) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Bangladesh ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of global exports. The Netherlands, Vietnam, Germany, Indonesia, Turkey, Cambodia, Sri Lanka, Jordan and Myanmar lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average men swimwear export price stood at $X per unit in 2023, picking up by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The global export price peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Men Swimwear Imports

Imports

After two years of growth, purchases abroad of mens swimwear (excluding of knitted or crocheted textiles) decreased by X% to X units in 2023. Over the period under review, total imports indicated a resilient increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, imports reached the peak of X units, and then declined markedly in the following year.

In value terms, men swimwear imports dropped to $X in 2023. In general, total imports indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

The United States was the key importing country with an import of around X units, which amounted to X% of total imports. Italy (X units) ranks second in terms of the total imports with a X% share, followed by the UK (X%), the Netherlands (X%) and Spain (X%). Germany (X units), France (X units), Mexico (X units), Australia (X units), Canada (X units), Poland (X units), Japan (X units) and Chile (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to men swimwear imports into the United States stood at X%. At the same time, the Netherlands (X%), Australia (X%), Poland (X%), Germany (X%), France (X%), Mexico (X%), Spain (X%), the UK (X%), Canada (X%) and Italy (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Chile experienced a relatively flat trend pattern. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.), Germany (X p.p.), Australia (X p.p.) and France (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Japan (X p.p.), the UK (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported mens swimwear (excluding of knitted or crocheted textiles) worldwide, comprising X% of global imports. The second position in the ranking was held by Italy ($X), with an X% share of global imports. It was followed by Germany, with a X% share.

In the United States, men swimwear imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Italy (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average men swimwear import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while Australia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform