The rash guard market size was valued at $9.1 billion in 2021, and is estimated to reach $12.7 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031.

WILMINGTON, DE, UNITED STATES, October 24, 2024 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global rash guard market generated $9.1 billion in 2021, and is projected to reach $12.7 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/17302

Drivers Increase in consumer spending
Surge in the number of fitness and sports enthusiasts
Opportunities Rise in obese population across the globe
Improvements in fashion and materials of clothes
Restrains Extortionate cost
Presence of counterfeit activewear

On the other hand, brands are strengthening their online presence since there has been a significant shift in consumer purchasing pattern, inclining toward e-commerce retail. Thus, the market is expected to recoup with the growth of the e-commerce platforms and eased lockdowns restrictions.
The report offers detailed segmentation of the global rash guard market based on type, application, end-user, price point, distribution channel, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

Based on type, the t-shirt segment held the dominating market share in 2021, holding more than half of the global rash guard market, and is expected to maintain its leadership status during the forecast period. The shirt segment, on the other hand, is expected to cite the fastest CAGR of 3.7% during the forecast period.

Based on application, the swimming segment held the dominating market share in 2021, holding nearly two-fifths of the global rash guard market, and is expected to maintain its leadership status during the forecast period. The surging segment, on the other hand, is expected to cite the fastest CAGR of 4.2% during the forecast period.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/17302

Based on end-user, the men segment held the dominating market share in 2021, holding nearly three-fourths of the global rash guard market, and is expected to maintain its leadership status during the forecast period. The women segment, on the other hand, is expected to cite the fastest CAGR of 4.1% during the forecast period.

Based on region, the market across North America held the dominating market share in 2021, holding more than two-fifths of the global rash guard market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 3.9% during the forecast period. The report also analyses other regions such as Europe and LAMEA.

The report also analyses key players of the global rash guard market report include
TYR Sport Inc
O’Neill
Roxy
Quicksilver
Sportstar Athletics
Gap Inc
Dick’s Sporting Goods Inc
Skechers U.S.A Inc
Cranbarry Inc
Adidas AG
Asos PLC
Nike Inc
Puma SE
Ralph Lauren Corporation
Under Armour Inc
Columbia Sportswear
Wildcraft
Hennes and Mauritz AB

𝐇𝐚𝐯𝐞 𝐚 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐚𝐧𝐝 𝐆𝐨𝐨𝐝𝐬 𝐃𝐨𝐦𝐚𝐢𝐧:
𝐌𝐨𝐮𝐭𝐡𝐠𝐮𝐚𝐫𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/mouthguard-market-A13070
𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐢𝐚𝐥 𝐔𝐧𝐝𝐞𝐫𝐜𝐨𝐮𝐧𝐭𝐞𝐫 𝐃𝐢𝐬𝐡𝐰𝐚𝐬𝐡𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/commercial-undercounter-dishwasher-market-A13740

David Correa
Allied Market Research
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