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Market Size in USD Billion
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USD 6.61 Billion |
| USD 7.08 Billion | |
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Global Compression Wear and Shapewear Market, By Product Type (Tops, Bottoms, Sleeves and Socks, Stockings, Others), Control Area (Tummy/Waist, Hips/Rear, Back Support, Thighs), Gender Type (Male, Female), Distribution Channel (Multi-Retail Stores, Specialty Retail Stores, Online Channels), Application (Performance and Recovery, Body Shaping and Lifestyle) – Industry Trends and Forecast to 2030.
Compression wear and shapewear are form-fitting garments meant to hold the body in a precise position. Increased disposable income of clients, innovations in fabric technology and garment designs, increased popularity of shapewear among the older population, and changes in lifestyles fuel the shapewear segment's market growth.
Data Bridge Market Research analyses that the global compression wear and shapewear market which was USD 6.61 billion in 2022, is USD 7.08 billion by 2030, and is expected to undergo a CAGR of 7.0 % during the forecast period. “Female” dominates the gender type segment due to which aids the body in gaining support and avoids humpback, bosom flat, bosom prolapse, pail waist, flat hip, appetite conspicuous, turnip leg, bulky leg, and many other conditions. Shapewear can also help ladies suffering from bladder prolapse since it gives a modest lift with adequate support. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Tops, Bottoms, Sleeves and Socks, Stockings, Others), Control Area (Tummy/Waist, Hips/Rear, Back Support, Thighs), Gender Type (Male, Female), Distribution Channel (Multi-Retail Stores, Specialty Retail Stores, Online Channels), Application (Performance and Recovery, Body Shaping and Lifestyle)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Conturve (U.K.), Spanx, LLC. (U.S.), WACOAL HOLDINGS CORP (Japan), HANESBRANDS INC. (U.S.), Anita Dr. Helbig GmbH (Germany), Ann Chery (U.S.), medi GmbH & Co. KG (Germany), 2XU Pty. Ltd. (Australia), CW-X (U.S.), Wonderbra (U.K.), Nike, Inc (U.S.), Design Veronique (U.S.), Under Armour, Inc (U.S.), EC3D Orthopaedic (Canada), Zoot Sports U.S.), SKIMS (U.S.), Triumph International Corporation (Switzerland), Acme-McCrary Corporation (U.S.), adidas AG (Germany), Leonisa (U.S.), PUMA SE (Germany), and Jockey Inc. (U.S.)
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Market Opportunities
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Market Definition
Compression Wear and Shapewear are close-fitting garments that are primarily intended to make the body seem precisely formed by applying delicate pressure to certain body areas. These bodywears stimulate blood circulation, increase stamina, maintain body balance, give muscular stability, regulate body temperature, and aid in injury rehabilitation. Furthermore, shapewear helps to contour the body and make it look thinner by toning up extra fat on the thighs, tummy, and other regions of the body. They improve athletic performance by minimizing muscular exhaustion, decreasing effort, enhancing power and leaping ability, and promoting oxygen delivery to muscles. They help to avoid deep vein thrombosis (DVT) and vein congestion. They also help to keep the clothing dry by drawing perspiration to the surface and elevating the water from the fabric. Aside from that, they are utilized after childbirth to offer stomach and back support and to make new moms' everyday tasks easier.
Drivers
The semi-urban shapewear market in emerging nations is expected to rise gradually due to rising fitness awareness. Shapewear can help the body deal with the consequences of aging by treating symptoms such as humpback, bosom prolapse, bosom flat, decreased appetite, pail waist, fat buttock, flat hip, bulky leg, turnip leg, and others. Shapewear will surely benefit ladies with bladder prolapse since it will elevate and support the bladder slightly. The market is developing due to increased fitness awareness and participation in sports throughout the world.
Every woman wishes to have the beautiful hourglass shape, especially for special events. Wearing and exhibiting certain designs need a healthy physique in order to seem beautiful. One method is to exercise and eat in moderation. However, wearing shapewear is the only quick remedy for slipping into a stunning silhouetted dress and achieving the ideal figure. It assists women in reshaping their bodies, flattening bulges, lifting what sags, and straightening their postures. Shapewear is becoming more comfortable as demand grows and new technology is developed. In fact, many women have made shapewear a part of their regular wardrobe. As a result, there is a high demand for lingerie that may also be used as shapewear among consumers.
Opportunity
Compression garments are all around us, from bandages and socks to shapewear and leggings. The world of compression garments and shapewear is expanding as technology advances. Fabric technological advancements in compression wear and shapewear have aided the market's expansion. Bonding and laser cutting technologies, for example, have altered items by removing seams, hems, and cumbersome fasteners. Although lycra, neoprene, spandex, and nylon are the most often utilized textiles by manufacturers, new and improved fabrics are softer, more breathable, and have better shaping capabilities. Such improvements in fabric technology continue to fuel the growth of the global compression wear and shapewear market.
Restraint/Challenge
Counterfeit goods are fake products that are produced of inferior materials and marketed under the name and trademark of another brand without the permission of the brand owner. Not only do counterfeit products harm a firm financially, but they may also harm a brand's reputation, causing a company to lose consumer loyalty and confidence. Counterfeits enable buyers to purchase status at a lesser cost rather than quality at a higher cost. Consumers want higher social standing by purchasing counterfeits; they want to represent who they want to be. As a result, the main advantage of counterfeits is symbolic rather than functional. As a result, counterfeit items are on the rise, hampering the market of original producers.
This global compression wear and shapewear market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global compression wear and shapewear market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
The global compression wear and shapewear market is segmented on the basis of product type, control area, gender type, distribution channel, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
Control Area
Gender Type
Distribution Channel
Application
The global compression wear and shapewear market is analysed and market size insights and trends are provided by country, product type, control area, gender type, distribution channel, and application as referenced above.
The countries covered in the compression wear and shapewear market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2023-2030. This is owing to the Athletics and other activities are becoming increasingly popular, as is the presence of a high number of lifestyle consumers in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The global compression wear and shapewear market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global compression wear and shapewear market.
Some of the major players operating in the global compression wear and shapewear market are:
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.