Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 3

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 3
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. Innovative product ranges are in high demand in the global women’s swimwear
market. It has inspired manufacturers to release cutting-edge swimwear, like swimsuits that block damaging U.V. radiation and smart swimwear.
Thus, the development of the swimsuit market as a whole will benefit from these novel products.

North
America is predicted to reach 32.5% of the market share in the coming years. The United States is the most important market in North
America for swimwear. The market in this region will grow faster than the market in Europe. The rising number of people participating
in swimming activities will aid the growth of the swimwear market in North America in addition to an ongoing rise in leisure goods spending.
The Asia Pacific region has positioned itself as the largest regional market for swimwear products. Population growth, rising health
awareness, and product innovation are expected to fuel market expansion in the region’s developed economies. Furthermore, domestic
growth in water sports and fitness participation among developing countries such as China and India is expected to influence regional
market growth positively.

The
Global Swimwear Market Size was valued at 20.2 billion USD in 2023, and it is expected to reach a value of 30.8 billion USD by 2032,
at a CAGR of 5.8% over the forecast period (2025-2033). Specifically, the women’s segment dominates this market, accounting for
over 65% of the share in 2023. It is clear that consumers are not only willing to invest in swimwear goods, but are seeking new brands
and product assortment. The swimwear market is being driven by the rising rate of global population and product innovation to meet the
need for specialized clothes for water activities and vacations by the pool or beach. It is expected that consumers will acquire various
types of swimsuit goods based on their comfort, activities, and fashion appeal as a result of rapid changes in fashion trends and a rise
in disposable money. Women from many cultures are becoming more and more interested in designer swimwear that enhances the slimming effect
and gives value-added features such as practical cuts and fashionable designs. The growth of the spa and beauty sectors as well as rising
female demand for specialty swimwear are in part driving the swimwear and beachwear market. Swimming is thought to be the most well-liked
sport and leisure activity. Growing fitness concerns among people of all ages are boosting interest in swimming as the finest physical
activity. In turn,