Sports & Swimwear - United Kingdom

  • United Kingdom
  • In the year 2024, the revenue generated in the Sports & Swimwear market in the United Kingdom is estimated to be US$1.00bn.
  • It is projected that this market will experience an annual growth rate of 5.71% from 2024 to 2029 (Compound Annual Growth Rate or CAGR).
  • When compared to other countries globally, in the United States leads the way in terms of revenue generation, with an estimated revenue of US$13,120m in 2024.
  • In relation to the total population of the United Kingdom, the per person revenue in the Sports & Swimwear market is expected to be US$14.66 in 2024.
  • Looking ahead to 2029, it is anticipated that the volume of the Sports & Swimwear market will reach 43.6m pieces units.
  • Furthermore, there is a projected volume growth of 2.9% in 2025.
  • On an individual basis, the average volume per person in the Sports & Swimwear market is expected to be 0.6pieces units in 2024.
  • The United Kingdom is witnessing a surge in demand for sustainable and eco-friendly sports and swimwear, reflecting the country's commitment to environmental consciousness.

Key regions: United States, Malaysia, Singapore, Germany, Europe

 
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Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are based on the consumer spending on clothing which comprises women, men, and children segments that are produced for private end customers for both offline retail (department stores, traditional specialist shops) and online retail (e-commerce, ordering by catalog).

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use resources from the Statista platform, national statistics, industry research, market data from independent databases and third-party sources, historical developments, current trends, reported performance indicators from the key market players, and Statista interviews with market experts. Next we use relevant key market indicators and data from country-specific associations such as GDP, consumer spending, consumer price index and population. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, the exponential trend smoothing illustrates suited forecasting for the Apparel market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional Notes :

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

Overview

  • Revenue
  • Volume
  • Price
  • Key Players
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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