TBRC’s Compression Garments and Shapewear Market research report expands on key market drivers, trends, and growth opportunities.
LONDON, June 28, 2022 /PRNewswire/ — North America has the largest market share for compression garments and shapewear. Asia Pacific is expected to be the fastest growing region in the global fitness apparel market over the forecast period. Regions covered in the Global Shapewear and Compression Wear market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle Eastand Africa.
The the global compression garments and shapewear market size is should grow by $4.15 billion in 2021 for $4.42 billion in 2022 at a compound annual growth rate (CAGR) of 6.5%. The growth of the compression garments and shapewear market is expected to reach $5.75 billion in 2026 at a CAGR of 6.8%.
The major product types in the market are compression garments and shapewear. Compression garments are close-fitting garments worn around the skin. The elastic property of the shapewear provides compression, improves posture and makes the back straighter and firmer. Shapewear helps with walking and sitting and reduces excessive strain on the back, especially for those who sit for long periods of time. The market is further segmented into male and female based on the wearer. The distribution segment includes multi-size stores, specialty stores and online channels. The market is segmented by application into performance and recovery and body shaping and lifestyle based on body type.
Technology finds its place in compression garments and slimming garments market trends
Technological advancements are the major trends that are gaining popularity in the market for compression garments and shapewear. The major players are focusing on designing innovative technology products to meet consumer demands and preferences. Technologies such as bonding, compression technology, and laser cutting have changed shapewear by removing bulky seams, hems, and ties. For example, in March 2019, Maidenform, an American shapewear brand owned by HanesBrands, has launched a new magic slimming collection powered by LYCRA FitSense technology. The new shapewear introduces ultra-lightweight fabric and targets ultra-firm control.
Compression Garments and Slimming Garments Industry Players
Major players in the compression garments and shapewear market are 2XU Pty. Ltd., Acme-McCrary Corporation., Adidas AG, Anita Dr. Helbig GmbH, Anne CheryCWX, Design Veronique, EC3D Orthopedic, Hanesbrands Inc., Jockey International Inc., Leonisa SA, Medi GmbH & Co. KG, Nike Inc., Triumph International, Under Armor Inc. and Wacoal America Inc.
Check out similar market reports:
Global Healthcare Fabrics Market Report 2022 – By Raw Material (Polypropylene, Cotton, Polyester, Viscose, Polyamide), By Fabric Type (Nonwoven, Woven, Knitted), By Application (Dressing Products, Garments, Products Hygiene Products, Wall Coverings, Privacy Curtains, Bedding & Blankets) – Market Size, Trends and Global Forecast 2022-2026
Global Nanotechnology Apparel Market Report 2022 – By Type (Nano-Coated Textiles, Nanoporous Textiles, Nanofiber Web Fabrics, Nanostructure-based Composite Fibers), By Application (Healthcare, Packaging, Sports & Leisure, Defense, Home & Household, Environmental Protection, Geotextiles, Other Applications), by End User Gender (Male, Female, Child) – Global Market Size, Trends & Forecast 2022-2026
Global Smart Textiles Market Report 2022 – By Type (Passive, Active, Ultra-Smart), By Function (Energy Harvesting, Sensing, Thermoelectric, Luminescent), By End User (Fashion & Entertainment, Sports & Fitness, Medical , transportation, protection and military, architecture) – Global market size, trends and forecasts 2022-2026
Want to know more about The Business Research Company?
The Business Research Company is a market intelligence firm that excels in business, market and consumer research. With locations around the world, it has strategic enablers in a wide range of industries, including manufacturing, healthcare, financial services, chemicals and technology.
The most comprehensive database in the world
The flagship product of the Business Research Company, Global market model, is a business information platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess gaps between supply and demand.
The Business Research Society
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
E-mail: [email protected]
SOURCE The Trade Research Society