>>
Home / Knowledge / News / Textiles / Swimwear market expected to decelerate by 2014

Swimwear market expected to decelerate by 2014

26
May '09
Global crisis having its pangs in all industries has not left the swimwear sector alone. Analysts predict that the swimwear sector is likely to slow down in growth between 2008 and 2014 from 5.32% to 1.69%.

This will lead to a considerable decline in the large number of swimwear brands that are in the market today. This slothful growth forecast is blamed on the current recession, long-term population stagnation, and the shift in branded manufacturing to lower-cost countries.

Following the Beijing Olympics last year, the next major event for swimwear will be the London Olympics in 2012. Unit sales for 2012 will be 1,099m pieces, a growth of 41m units from 2008.

It is estimated that the average world retail price for swimwear and beachwear in 2012 will be US$12.29. The London Olympics is expected to create a swimwear market 'splash' in 2012, as an antidote to the gloom and doom forecast for 2009-2010.

While the swimwear market in total continues to face a world of no overall price inflation, the clothing industry is facing unprecedented high fuel costs and transport charges; volatile exchange rates; and labor shortages in low-cost economies such as China and India.

Click here to read the complete article.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Simba3003 | Dreamstime.com

Textiles | On 8th Dec 2021

Euro area economy is recovering rapidly since Q2: IMF

Thanks to high vaccination levels and continued forceful policy...

Pic: Moreno Soppelsa | Dreamstime.com

Textiles | On 8th Dec 2021

US manufacturing activity grows for 18th consecutive month in November

Economic activity in the US manufacturing sector grew in November,...

Pic: Jurgita Juoniene | Dreamstime.com

Apparel/Garments | On 8th Dec 2021

VITAS foresees Vietnam’s apparel exports growth in 2021 & 2022

The Vietnam Textile & Apparel Association (VITAS) has forecast the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Consistency is the first rule of social media

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Benedetta Terraneo,

Benedetta Terraneo

Miko Srl, a subsidiary of US-based Sage Automotive Interiors and a member...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


December 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search