APO RESEARCH · REPORT
Swimwear (Swimsuit)
Swimwear/swimsuit is clothing designed to be worn by people engaging in a water-based activity or water sports, such as swimming or sun-orientated activities, such as sun bathing. Different types may be worn by men, women, and children. Swimwear is described by a number of names, some of which are used only in particular locations, including swimsuit, bathing suit, swimming costume, bathing costume, swimming suit, swimmers, swimming togs, bathers, cossie (short for "costume"), or swimming trunks for men, besides others.
Product & engineering
Understand the product.
Swimwear/swimsuit is clothing designed to be worn by people engaging in a water-based activity or water sports, such as swimming or sun-orientated activities, such as sun bathing. Different types may be worn by men, women, and children. Swimwear is described by a number of names, some of which are used only in particular locations, including swimsuit, bathing suit, swimming costume, bathing costume, swimming suit, swimmers, swimming togs, bathers, cossie (short for "costume"), or swimming trunks for men, besides others.
Selected research
Market Structure
Global Swimwear (Swimsuit) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Swimwear/swimsuit is clothing designed to be worn by people engaging in a water-based activity or water sports, such as swimming or sun-orientated activities, such as sun bathing. Different types may be worn by men, women, and children. Swimwear is described by a number of names, some of which are used only in particular locations, including swimsuit, bathing suit, swimming costume, bathing costume, swimming suit, swimmers, swimming togs, bathers, cossie (short for "costume"), or swimming trunks for men, besides others.
Global Swimwear (Swimsuit) key players include Pentland Group, Arena, Diana Sport, Hosa, Zoke, etc.Global top five manufacturers hold a share nearly 10%.
China is the largest market, with a share over 35%, followed by Europe, and USA, both have a share over 30 percent.
Read the full market overview
In terms of product, Women is the largest segment, with a share over 50%. And in terms of application, the largest application is Individual Use, followed by Commercial Use, etc.
This report provides an overview of the global Swimwear (Swimsuit) market in terms of sales, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Swimwear (Swimsuit) and sales in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Swimwear (Swimsuit) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by Type and Application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Swimwear (Swimsuit) market size, projected growth trends, production technologies, key applications, and end-use industries.
Swimwear (Swimsuit) Segment by Company
Pentland Group
Arena
Diana Sport
Hosa
Zoke
Dolfin Swimwear
Derong Group
FEW
Wacoal
Yingfa
TNZI
Sanqi International
Gottex
American Apparel
Seafolly
Aimer
PARAH S.p.A
Seaspray
TYR Sport
Perry
NOZONE
Platypus
La Perla Group
Swimwear (Swimsuit) Segment by Type
Women
Men
Girls
Boys
Other
Swimwear (Swimsuit) Segment by Application
Individual Use
Commercial Use
Others
Swimwear (Swimsuit) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Swimwear (Swimsuit) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Swimwear (Swimsuit) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Swimwear (Swimsuit).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Swimwear (Swimsuit) market, including product definition, global market growth prospects, market size, sales, and average price forecasts (2021-2032).
Chapter 2: Provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Swimwear (Swimsuit) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Swimwear (Swimsuit) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Revenue of Swimwear (Swimsuit) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space of each country in the world.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report
More report detail
Tables and figures
Scope & coverage.
Types
- Women
- Men
- Girls
- Boys
- Other
Applications
- Individual Use
- Commercial Use
- Others
Companies covered
- Pentland Group
- Arena
- Diana Sport
- Hosa
- Zoke
- Dolfin Swimwear
- Derong Group
- FEW
- Wacoal
- Yingfa
- TNZI
- Sanqi International
- Gottex
- American Apparel
- Seafolly
- Aimer
- PARAH S.p.A
- Seaspray
- TYR Sport
- Perry
- NOZONE
- Platypus
- La Perla Group
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Swimwear (Swimsuit) Market Size, 2021 VS 2025 VS 2032
- 1.3 Global Swimwear (Swimsuit) Market Size Estimates and Forecasts (2021-2032)
- 1.4 Global Swimwear (Swimsuit) Sales Estimates and Forecasts (2021-2032)
- 1.5 Global Swimwear (Swimsuit) Market Average Price (2021-2032)
- 1.6 Assumptions and Limitations
- 1.7 Study Goals and Objectives
2 Global Swimwear (Swimsuit) Market Dynamics
- 2.1 Swimwear (Swimsuit) Industry Trends
- 2.2 Swimwear (Swimsuit) Industry Drivers
- 2.3 Swimwear (Swimsuit) Industry Opportunities and Challenges
- 2.4 Swimwear (Swimsuit) Industry Restraints
3 Swimwear (Swimsuit) Market by Manufacturers
- 3.1 Global Swimwear (Swimsuit) Revenue by Manufacturers (2021-2026)
- 3.2 Global Swimwear (Swimsuit) Sales by Manufacturers (2021-2026)
- 3.3 Global Swimwear (Swimsuit) Average Sales Price by Manufacturers (2021-2026)
- 3.4 Global Swimwear (Swimsuit) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Swimwear (Swimsuit) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Swimwear (Swimsuit) Manufacturers, Product Type & Application
- 3.7 Global Swimwear (Swimsuit) Manufacturers Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Swimwear (Swimsuit) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Swimwear (Swimsuit) Players Market Share by Revenue in 2025
- 3.8.3 2025 Swimwear (Swimsuit) Tier 1, Tier 2, and Tier 3
4 Swimwear (Swimsuit) Market by Type
- 4.1 Swimwear (Swimsuit) Type Introduction
- 4.1.1 Women
- 4.1.2 Men
- 4.1.3 Girls
- 4.1.4 Boys
- 4.1.5 Other
- 4.2 Global Swimwear (Swimsuit) Sales by Type
- 4.2.1 Global Swimwear (Swimsuit) Sales by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Swimwear (Swimsuit) Sales by Type (2021-2032)
- 4.2.3 Global Swimwear (Swimsuit) Sales Market Share by Type (2021-2032)
- 4.3 Global Swimwear (Swimsuit) Revenue by Type
- 4.3.1 Global Swimwear (Swimsuit) Revenue by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Swimwear (Swimsuit) Revenue by Type (2021-2032)
- 4.3.3 Global Swimwear (Swimsuit) Revenue Market Share by Type (2021-2032)
5 Swimwear (Swimsuit) Market by Application
- 5.1 Swimwear (Swimsuit) Application Introduction
- 5.1.1 Individual Use
- 5.1.2 Commercial Use
- 5.1.3 Others
- 5.2 Global Swimwear (Swimsuit) Sales by Application
- 5.2.1 Global Swimwear (Swimsuit) Sales by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Swimwear (Swimsuit) Sales by Application (2021-2032)
- 5.2.3 Global Swimwear (Swimsuit) Sales Market Share by Application (2021-2032)
- 5.3 Global Swimwear (Swimsuit) Revenue by Application
- 5.3.1 Global Swimwear (Swimsuit) Revenue by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Swimwear (Swimsuit) Revenue by Application (2021-2032)
- 5.3.3 Global Swimwear (Swimsuit) Revenue Market Share by Application (2021-2032)
6 Global Swimwear (Swimsuit) Sales by Region
- 6.1 Global Swimwear (Swimsuit) Sales by Region: 2021 VS 2025 VS 2032
- 6.2 Global Swimwear (Swimsuit) Sales by Region (2021-2032)
- 6.2.1 Global Swimwear (Swimsuit) Sales by Region (2021-2026)
- 6.2.2 Global Swimwear (Swimsuit) Sales Forecasted by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Swimwear (Swimsuit) Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Swimwear (Swimsuit) Sales by Country (2021-2032)
- 6.3.3 U.S.
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Swimwear (Swimsuit) Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Swimwear (Swimsuit) Sales by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Netherlands
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Swimwear (Swimsuit) Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Swimwear (Swimsuit) Sales by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 Southeast Asia
- 6.5.7 India
- 6.5.8 Australia
- 6.6 South America, Middle East and Africa
- 6.6.1 South America, Middle East and Africa Swimwear (Swimsuit) Sales Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East and Africa Swimwear (Swimsuit) Sales by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 South Africa
- 6.6.5 Saudi Arabia
- 6.6.6 Turkey
- 6.6.6 Argentina
- 6.6.6 UAE
- 6.6.6 Egypt
- 6.6.6 Chile
7 Global Swimwear (Swimsuit) Revenue by Region
- 7.1 Global Swimwear (Swimsuit) Revenue by Region
- 7.1.1 Global Swimwear (Swimsuit) Revenue by Region: 2021 VS 2025 VS 2032
- 7.1.2 Global Swimwear (Swimsuit) Revenue by Region (2021-2026)
- 7.1.3 Global Swimwear (Swimsuit) Revenue by Region (2027-2032)
- 7.1.4 Global Swimwear (Swimsuit) Revenue Market Share by Region (2021-2032)
- 7.2 North America
- 7.2.1 North America Swimwear (Swimsuit) Revenue (2021-2032)
- 7.2.2 North America Swimwear (Swimsuit) Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.3 Europe
- 7.3.1 Europe Swimwear (Swimsuit) Revenue (2021-2032)
- 7.3.2 Europe Swimwear (Swimsuit) Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.4 Asia-Pacific
- 7.4.1 Asia-Pacific Swimwear (Swimsuit) Revenue (2021-2032)
- 7.4.2 Asia-Pacific Swimwear (Swimsuit) Revenue Share by Country: 2021 VS 2025 VS 2032
- 7.5 South America, Middle East and Africa
- 7.5.1 South America, Middle East and Africa Swimwear (Swimsuit) Revenue (2021-2032)
- 7.5.2 South America, Middle East and Africa Swimwear (Swimsuit) Revenue Share by Country: 2021 VS 2025 VS 2032
8 Company Profiles
- 8.1 Pentland Group
- 8.1.1 Pentland Group Company Information
- 8.1.2 Pentland Group Business Overview
- 8.1.3 Pentland Group Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.1.4 Pentland Group Swimwear (Swimsuit) Product Portfolio
- 8.1.5 Pentland Group Recent Developments
- 8.2 Arena
- 8.2.1 Arena Company Information
- 8.2.2 Arena Business Overview
- 8.2.3 Arena Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.2.4 Arena Swimwear (Swimsuit) Product Portfolio
- 8.2.5 Arena Recent Developments
- 8.3 Diana Sport
- 8.3.1 Diana Sport Company Information
- 8.3.2 Diana Sport Business Overview
- 8.3.3 Diana Sport Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.3.4 Diana Sport Swimwear (Swimsuit) Product Portfolio
- 8.3.5 Diana Sport Recent Developments
- 8.4 Hosa
- 8.4.1 Hosa Company Information
- 8.4.2 Hosa Business Overview
- 8.4.3 Hosa Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.4.4 Hosa Swimwear (Swimsuit) Product Portfolio
- 8.4.5 Hosa Recent Developments
- 8.5 Zoke
- 8.5.1 Zoke Company Information
- 8.5.2 Zoke Business Overview
- 8.5.3 Zoke Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.5.4 Zoke Swimwear (Swimsuit) Product Portfolio
- 8.5.5 Zoke Recent Developments
- 8.6 Dolfin Swimwear
- 8.6.1 Dolfin Swimwear Company Information
- 8.6.2 Dolfin Swimwear Business Overview
- 8.6.3 Dolfin Swimwear Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.6.4 Dolfin Swimwear Swimwear (Swimsuit) Product Portfolio
- 8.6.5 Dolfin Swimwear Recent Developments
- 8.7 Derong Group
- 8.7.1 Derong Group Company Information
- 8.7.2 Derong Group Business Overview
- 8.7.3 Derong Group Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.7.4 Derong Group Swimwear (Swimsuit) Product Portfolio
- 8.7.5 Derong Group Recent Developments
- 8.8 FEW
- 8.8.1 FEW Company Information
- 8.8.2 FEW Business Overview
- 8.8.3 FEW Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.8.4 FEW Swimwear (Swimsuit) Product Portfolio
- 8.8.5 FEW Recent Developments
- 8.9 Wacoal
- 8.9.1 Wacoal Company Information
- 8.9.2 Wacoal Business Overview
- 8.9.3 Wacoal Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.9.4 Wacoal Swimwear (Swimsuit) Product Portfolio
- 8.9.5 Wacoal Recent Developments
- 8.10 Yingfa
- 8.10.1 Yingfa Company Information
- 8.10.2 Yingfa Business Overview
- 8.10.3 Yingfa Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.10.4 Yingfa Swimwear (Swimsuit) Product Portfolio
- 8.10.5 Yingfa Recent Developments
- 8.11 TNZI
- 8.11.1 TNZI Company Information
- 8.11.2 TNZI Business Overview
- 8.11.3 TNZI Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.11.4 TNZI Swimwear (Swimsuit) Product Portfolio
- 8.11.5 TNZI Recent Developments
- 8.12 Sanqi International
- 8.12.1 Sanqi International Company Information
- 8.12.2 Sanqi International Business Overview
- 8.12.3 Sanqi International Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.12.4 Sanqi International Swimwear (Swimsuit) Product Portfolio
- 8.12.5 Sanqi International Recent Developments
- 8.13 Gottex
- 8.13.1 Gottex Company Information
- 8.13.2 Gottex Business Overview
- 8.13.3 Gottex Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.13.4 Gottex Swimwear (Swimsuit) Product Portfolio
- 8.13.5 Gottex Recent Developments
- 8.14 American Apparel
- 8.14.1 American Apparel Company Information
- 8.14.2 American Apparel Business Overview
- 8.14.3 American Apparel Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.14.4 American Apparel Swimwear (Swimsuit) Product Portfolio
- 8.14.5 American Apparel Recent Developments
- 8.15 Seafolly
- 8.15.1 Seafolly Company Information
- 8.15.2 Seafolly Business Overview
- 8.15.3 Seafolly Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.15.4 Seafolly Swimwear (Swimsuit) Product Portfolio
- 8.15.5 Seafolly Recent Developments
- 8.16 Aimer
- 8.16.1 Aimer Company Information
- 8.16.2 Aimer Business Overview
- 8.16.3 Aimer Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.16.4 Aimer Swimwear (Swimsuit) Product Portfolio
- 8.16.5 Aimer Recent Developments
- 8.17 PARAH S.p.A
- 8.17.1 PARAH S.p.A Company Information
- 8.17.2 PARAH S.p.A Business Overview
- 8.17.3 PARAH S.p.A Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.17.4 PARAH S.p.A Swimwear (Swimsuit) Product Portfolio
- 8.17.5 PARAH S.p.A Recent Developments
- 8.18 Seaspray
- 8.18.1 Seaspray Company Information
- 8.18.2 Seaspray Business Overview
- 8.18.3 Seaspray Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.18.4 Seaspray Swimwear (Swimsuit) Product Portfolio
- 8.18.5 Seaspray Recent Developments
- 8.19 TYR Sport
- 8.19.1 TYR Sport Company Information
- 8.19.2 TYR Sport Business Overview
- 8.19.3 TYR Sport Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.19.4 TYR Sport Swimwear (Swimsuit) Product Portfolio
- 8.19.5 TYR Sport Recent Developments
- 8.20 Perry
- 8.20.1 Perry Company Information
- 8.20.2 Perry Business Overview
- 8.20.3 Perry Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.20.4 Perry Swimwear (Swimsuit) Product Portfolio
- 8.20.5 Perry Recent Developments
- 8.21 NOZONE
- 8.21.1 NOZONE Company Information
- 8.21.2 NOZONE Business Overview
- 8.21.3 NOZONE Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.21.4 NOZONE Swimwear (Swimsuit) Product Portfolio
- 8.21.5 NOZONE Recent Developments
- 8.22 Platypus
- 8.22.1 Platypus Company Information
- 8.22.2 Platypus Business Overview
- 8.22.3 Platypus Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.22.4 Platypus Swimwear (Swimsuit) Product Portfolio
- 8.22.5 Platypus Recent Developments
- 8.23 La Perla Group
- 8.23.1 La Perla Group Company Information
- 8.23.2 La Perla Group Business Overview
- 8.23.3 La Perla Group Swimwear (Swimsuit) Sales, Price, Revenue and Gross Margin (2021-2026)
- 8.23.4 La Perla Group Swimwear (Swimsuit) Product Portfolio
- 8.23.5 La Perla Group Recent Developments
9 Value Chain and Sales Channels Analysis
- 9.1 Swimwear (Swimsuit) Value Chain Analysis
- 9.1.1 Swimwear (Swimsuit) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Swimwear (Swimsuit) Production Mode & Process
- 9.2 Swimwear (Swimsuit) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Swimwear (Swimsuit) Distributors
- 9.2.3 Swimwear (Swimsuit) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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