Sustainable Swimwear Market Expected to Reach $16.2 Billion by 2032

According to a new report published by Allied Market Research, titled, “Sustainable Swimwear Market, by Material Type, End User, Application, Distribution Channel, and Region: Global Opportunity Analysis and Industry Forecast, 2023-2032." The sustainable swimwear market size was valued at $7.8 billion in 2022, and is estimated to reach $16.2 billion by 2032, growing at a CAGR of 7.7% from 2023 to 2032.

Sustainable swimwear refers to swimsuits made from eco-friendly materials, such as recycled yarns derived from plastic waste like water bottles and fishing nets. This emerging trend in the fashion industry addresses the environmental concerns associated with traditional swimwear fabrics, which are typically made from synthetic fibers like nylon and polyester, contributing to pollution and harming marine life.

The increasing popularity of sustainable swimwear is driven by a growing awareness among both brands and consumers about the detrimental impacts of conventional swimwear production on the environment. With the fashion industry being a significant contributor to global carbon emissions, there is a growing need to adopt more eco-friendly practices. Sustainable swimwear offers a solution by repurposing plastic waste into stylish and functional swimwear, thereby reducing the amount of plastic pollution in oceans and landfills.

Moreover, sustainable swimwear brands often prioritize longevity and durability, ensuring that their products last longer than traditional swimwear fabrics. This not only reduces the need for frequent replacements but also minimizes waste generation. In addition, some sustainable swimwear labels embrace the principles of slow fashion, producing small batches of swimwear to limit excess inventory and minimize production waste. These factors are anticipated to boost the sustainable swimwear market opportunities.

Key drivers for the adoption of sustainable swimwear include the desire to support ethical and eco-conscious brands, as well as the recognition of the environmental benefits associated with recycled materials. Brands like Carvico Vita, utilizing econyl, and repreve from the U.S. are leading the way in recycled fabric manufacturing, ensuring their products meet rigorous sustainability standards. As consumers seek more sustainable alternatives, the availability and variety of eco-friendly swimwear options continue to expand, catering to diverse preferences and needs.

Sustainable swimwear has emerged as a crucial solution to combat the environmental impact of traditional swimwear production and usage. As the fashion industry contributes significantly to global pollution, the shift towards sustainable materials like recycled nylon, econyl, and biodegradable fabrics like bamboo and hemp is imperative. These eco-friendly materials not only alleviate the burden of plastic waste in landfills and oceans but also offer several benefits for consumers.

By opting for sustainable swimwear, individuals contribute to the reduction of waste in natural ecosystems and support environmentally responsible production practices. These swimwear brands prioritize renewable energy sources and water conservation, minimizing the ecological footprint of swimwear manufacturing. In addition, choosing sustainable swimwear promotes consumer awareness and drives demand for eco-friendly products, encouraging further adoption of sustainable practices within the fashion industry. In addition to the environmental benefits, sustainable swimwear offers various advantages to the consumers. These factors are anticipated to have a positive impact on the sustainable swimwear market forecast.

Made from high-quality, durable materials, sustainable swimsuits ensure longevity and reliability. Moreover, these swimwear options prioritize comfort, utilizing soft, lightweight, and quick-drying fabrics for enhanced wearability. With a range of styles available, from classic to trendy designs, sustainable swimwear caters to diverse preferences while providing peace of mind to consumers concerned about their environmental impact. These factors are anticipated to boost the sustainable swimwear market demand in the upcoming years.

The supply-chain complexities associated with sustainable swimwear is anticipated to restrain the sustainable swimwear market share in the coming years. This is because various stages such as materials sourcing, production, distribution, usage, and end-of-life considerations, requires careful consideration and necessary regulatory approvals in terms of environmental sustainability. In addition, the data availability and quality pose another significant limitation.

Obtaining reliable and comprehensive data on the environmental and social impacts of sustainable swimwear materials and production processes can be challenging. Also, selecting appropriate impact indicators and methods for sustainable swimwear measurement is essential yet challenging. Different tools may use varying metrics and frameworks, leading to inconsistencies and difficulties in comparing results.

The advancements in swimwear technology present several opportunities for the sustainable swimwear industry players to thrive and make a positive impact on both consumers and the environment. The development of high-performance sustainable materials, such as recycled plastic, bamboo, and hemp, offers an opportunity for sustainable swimwear manufacturers to create products that not only perform well but also have a reduced environmental footprint. By utilizing these innovative materials, sustainable swimwear can compete with traditional swimwear in terms of performance while offering eco-friendly alternatives.

In addition, sustainable swimwear can capitalize on advancements in fabric technology to provide enhanced comfort and better fitting garments. Features such as four-way stretch, seamless construction, and compression technology can be incorporated into sustainable swimwear designs, offering consumers a comfortable and flattering fit. This focus on comfort and fit can enhance the overall consumer experience and drive demand for sustainable swimwear products. These factors are anticipated to drive the sustainable swimwear market trends during the forecast period.

The sustainable swimwear report is segmented on the basis of material type, end user, application, distribution channel, and region. By material type, it is classified into repreve, econyl, and others. By end user, it is divided into men, women, and children. By application, it is classified into leisure and sports. By distribution channel, it is divided into online and offline. By region, the market is analyzed across North America, Europe, Asia-Pacific, and Latin America.

The key players profiled in the sustainable swimwear market analysis report include SUMMERSALT, Patagonia, Inc., Vitamin A., Londre Bodywear, TomboyX, Reformation, Andie Swim, Boden US, Youswim Limited, and REY SWIMWEAR.

The report offers a comprehensive study covering the global sustainable swimwear market statistics by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also highlights the present scenario and upcoming trends & developments that are contributing toward the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

Key Findings of the Study

• Based on material type, the repreve sub-segment emerged as the global leader in 2022 and is anticipated to be the fastest growing during the forecast period.
• Based on end user, the women sub-segment emerged as the global leader in 2022 and is predicted to show the fastest growth in the upcoming years.
• Based on application, the leisure sub-segment emerged as the global leader in 2022 and the sports sub-segment is predicted to show the fastest growth in the upcoming years.
• Based on distribution channel, the offline sub-segment emerged as the global leader in 2022 and the online sub-segment is predicted to show the fastest growth in the upcoming years.
• Based on region, North America registered the highest market share in 2022 and Europe is projected to show the fastest growth during the forecast period.