From 2013 to 2023, the market size value per capita for men's or boys' swimwear made from textile fabric not knitted or crocheted in Spain exhibited a growing trend, rising from €0.74 in 2013 to €1.04 in 2023. The rate of year-on-year increase varied, peaking between 2015 and 2016 with a noticeable jump from €0.80 to €0.96. A slump was noted in 2020, likely due to the pandemic, but recovery was observed in 2021 with a 21.7% increase, continuing to rise modestly through 2023.
The compound annual growth rate (CAGR) over the last five years (2018-2023) was positive, reflecting continued market interest and recovery post-pandemic. In 2023, the per capita value was at €1.04, marking a sustained demand in this category.
Future trends to watch for include potential market expansions driven by fashion evolution and tourism recovery post-pandemic. Sustainability trends might also impact consumer preferences towards alternative fabric technologies. Monitoring economic factors that influence consumer spending will be vital to anticipate market shifts.
