The UK's market size volume for women's or girls' swimwear of knitted or crocheted textiles was 23.688 million in 2023. The year-on-year variation shows a modest growth after a substantial drop in 2020, followed by a recovery in 2021. The compound annual growth rate (CAGR) over the last five years is 0.093%, indicating a slight upward trend.
Key Trends:
- Post-pandemic recovery shows a steady increase, with the market returning close to pre-pandemic levels by 2023.
- A conservative growth pattern over the last decade, with significant fluctuations mainly due to the pandemic.
Future Trend to Watch:
- An increasing focus on sustainability and eco-friendly materials, possibly driving demand for innovative, sustainable swimwear options in the future.
- Potential impact of changing fashion trends and e-commerce on market dynamics.
