Global Compression Wear And Shapewear Market Outlook, Opportunities And Strategies – Includes Compression Wear And Shapewear Market Growth
Learn about the global compression wear and shapewear market through The Business Research Company, which provides information on compression wear and shapewear market size, compression wear and shapewear market drivers and restraints, compression wear and shapewear market players, the COVID-19 impact on the compression wear and shapewear market, and more.
The global compression wear and shapewear market size is expected to grow from $4.15 billion in 2021 to $4.42 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The global shapewear and compression wear market is expected to grow to $5.75 billion in 2026 at a CAGR of 6.8%.
Rapid urbanization is significantly contributing to the growth of the compression wear and shapewear market.
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The compression wear and shapewear market consists of sales of compression wear and shapewear by entities (organizations, sole traders, and partnerships) that are designed particularly to keep the body in a certain position. The compression wear and shapewear are tight-fitted garments. The elastic property of shapewear provides compression, improves posture, and back straighter and firmer. The shapewear helps to walk and sit and reduces excessive tension on the back, especially for those who sit for extended periods.
Global compression wear and shapewear market segments include:
By Product Type: Compression Wear, Shapewear
By Sex: Male, Female
By Application: Performance and Recovery, Body Shaping and Lifestyle
By Distribution Channel: Multi-Retail Stores, Specialty Retail Stores, Online Channels
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the compression and shapewear market in 2021.
Technological advancements are the key trends gaining popularity in the compression wear and shapewear market. Major players are focusing on designing innovative technological products to meet consumer demands and preferences. Technologies such as bonding, compression technology, and laser cutting have changed shapewear by removing seams, hems, and bulky fastenings.
Major Market Players: 2XU Pty. Ltd., Acme-McCrary Corporation., Adidas AG, Anita Dr. Helbig GmbH, Ann Chery, CWX, Design Veronique, EC3D Orthopaedic, Hanesbrands Inc., Jockey International Inc., Leonisa S.A., Medi GmbH & Co. KG, Nike Inc., Triumph International, Under Armour Inc., and Wacoal America Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Compression Wear And Shapewear Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides compression wear and shapewear market overviews, analyzes and forecasts market size, share, compression wear and shapewear market players, compression wear and shapewear market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s compression wear and shapewear market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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