Posted by Global Compression Wear and Shapewear Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Compression wear and Shapewear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global compression wear and shapewear market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global compression wear and shapewear market size reached US$ 15.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 22.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028.
Compression wear is designed to provide support, improve circulation, and reduce muscle fatigue during physical activities or recovery periods. It comprises compression socks or stockings, sleeves, and bottoms. It often features graduated compression, meaning the pressure is highest at the extremities and gradually decreases as it moves up the limb. On the other hand, shapewear helps to shape and contour the silhouette of the body by providing firm control and smoothing out bulges and imperfections. It includes bodysuits, waist cinchers, and thigh slimmer and is designed without visible seams, ensuring a smooth and discreet appearance under clothing.
Global Compression Wear and Shapewear Market Trends and Drivers:
At present, the increasing demand for compression wear and shapewear, which are designed to provide support, improve circulation, and minimize muscle fatigue during physical activities, represent one of the vital factors impelling the growth of the market. Besides this, the growing advancements in 3D knitting and seamless technologies allowing for greater comfort and precision in the construction of compression and shapewear garments are propelling the growth of the market. In addition, the growing number of e-commerce platforms selling customizable compression wear and shapewear is offering a favorable market outlook. Apart from this, the increasing focus on leading an active lifestyle to prevent the occurrence of various chronic ailments like obesity and diabetes is bolstering the growth of the market.
Global Compression Wear and Shapewear Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: 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 segmented the market on the basis of region product type, gender, distribution channel and application.
Breakup by Product Type:
- Compression Wear
- Bottoms
- Tops
- Sleeves
- Socks, Stockings and Others
- Shapewear
Breakup by Gender:
- Male
- Female
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
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- 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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