According to the latest report by IMARC Group, “Global Compression Wear and Shapewear Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027″, the global compression wear and shapewear market reached a value of US$ 14.19 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 22.27 Billion by 2027 exhibiting a CAGR of 7.50% during 2022-2027.
Compression wear and shapewear are the tight-fitted garments that are designed to hold the body in particular postures. They improve the athletic performance by reducing muscle fatigue, lowering exertion, enhancing power and jumping abilities, facilitating oxygen flow to the muscles, etc. Compression wear and shapewear further aid in preventing congestion and deep vein thrombosis (DVT), keeping the garments dry, enabling the sweat to be drawn to the body surface, etc. They are also used after childbirth to provide stomach and back support and simplify the daily duties of the new mothers.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Compression Wear and Shapewear Market Trends and Drivers:
The growing fitness consciousness among consumers and the escalating prevalence of chronic diseases are primarily driving the compression wear and shapewear market. Besides this, the increasing participation rates of individuals in sports activities is further catalyzing the market growth.
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Moreover, the incorporation of bonding and laser cutting technologies to eliminate seams, bulky fastenings, and hems in the compression wear and shapewear products is acting as another significant growth-inducing factor. In addition to this, the inflating demand for garments with soft and breathable fabrics is also positively influencing the global market.
Furthermore, these clothing items help contour and make the body appear slim by toning up excess fat in the thighs and belly, which is anticipated to fuel the compression wear and shapewear market in the coming years.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Compression Wear and Shapewear Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
2XU Pty Ltd, Adidas AG, Anita Dr.Helbig GmbH, EC3D Orthopaedic, Hanesbrands Inc. (Sara Lee Corporation), Nike Inc., Omtex Healthwear Pvt. Ltd., Orion Manufacturing Inc., Puma SE (Artemis S.A), Spanx Inc., Under Armour Inc., Wacoal America Inc and Zoot Sports Inc. (K2 Sports LLC).
The report has segmented the market on the basis of region, product type, gender, distribution channel and application.
Breakup by Product Type:
- Compression Wear
- Socks, Stockings and Others
Breakup by Gender:
Breakup by Distribution Channel:
- Multi-Retail Stores
- Specialty Retail Stores
- Online Channels
Breakup by Application:
- Performance and Recovery
- Body Shaping and Lifestyle
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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