The compression wear and shapewear market consist of apparels that are skin-tight and which stimulates blood circulation. These apparels basically exert pressure at specific parts of the body, which in turn stabilizes the muscle. The compression wear improves the stamina and body balance of people and also helps in controlling the body temperature. Shapewear apparel tightens and squeezes the body in order to eliminate the excess fat, which makes the body appear slim. It also provides support to those people who have to stand for a long period of time and also people having poor blood circulation.
MARKET DYNAMICS
One of the major reasons for the growth of this market is due to an increase in demand for these products from the geriatric or elderly population around the world. The elderly population is demanding these products for the treatment of edema, thrombosis, and phlebitis that mostly occurs in old age. The consumer lifestyle is changing towards a healthier and fitter lifestyle. There is a growing awareness among people in urban areas for fitness. The rise in fitness conscious people, as well as people participating in sports activities, will drive the growth of the compression wear and shapewear market. There have been recent advancements in the fabric industry; technologies such as laser cutting and bonding have transformed the fabric industry. Thus this leads to an increase in demand for this market.
MARKET SCOPE
The "Global Compression Wear and Shapewear Market Analysis to 2028" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the compression wear and shapewear market with detailed market segmentation by product type, application, distribution channel and geography. The compression wear and shapewear market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading compression wear and shapewear market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Compression Wear and Shapewear Market is segmented on the basis of product type, application and distribution channel. On the basis of product type the market is segmented into shirts, pants, waist cincher, socks, bra and others. On the basis of application the market is segmented into performance and recovery, and body shaping and lifestyle. On the basis of distribution channel the market is segmented into mulit-retail stores, specialty retail stores and online channels.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the compression wear and shapewear market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The compression wear and shapewear market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyses factors affecting compression wear and shapewear market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting compression wear and shapewear market in these regions.
MARKET PLAYERS
The reports cover key developments in the compression wear and shapewear market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from compression wear and shapewear market are anticipated to lucrative growth opportunities in the future with the rising demand for compression wear and shapewear in the global market. Below mentioned is the list of few companies engaged in the compression wear and shapewear market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the compression wear and shapewear market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Nike, Inc
- Spanx, Inc
- Adidas AG
- Wacoal
- 2XU
- Triumph International
- Leonisa
- Ann Chery
- Under Armour, Inc.
- Jockey International, Inc
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