Press release
North American Compression Garments Market 2020 Size, Growth Analysis Report, Forecast to 2026
North American compression garments are estimated to display a steady CAGR during the forecast period (2020-2026). Factors such as an increase in the spending power of millennials, high adoption of online platforms for researching the product, inclination toward new technology, and high urbanization are driving the growth of the compression garments market. The US is the leading market for compression garments in North America. Millennials, or the digital generation, have the potential to increase revenues to unprecedented levels and drive the market as they are tech-savvy and are more open to opting for non-conventional methods and products to make their recovery phases. In both the US and Canada, millennials are the largest working population. In 2019, as per the Canadian Government, 37% of the total Canadian workforce comprised millennials, and this consumer group is more open to buying compression garments for daily wear applications, including travel and office wearing to combat fatigue and slimwear applications, thus driving the market for compression garments in the region.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/north-american-compression-garments-market
However, the compression garments market, especially the healthcare and slimwear segments in North America, has been experiencing stagnation over the past few years due to a decrease in birth rates and market maturity, which has presented some impact on the healthcare application segment of compression garments. The falling birth rates have led to a shift in the population of the region. The older population has been growing tremendously, thus offsetting the difference created by falling pregnancies and rising surgeries. Furthermore, there is saturation due to the high market penetration by existing vendors.
A Full Report of North American Compression Garments Market is Available at: https://www.omrglobal.com/industry-reports/north-american-compression-garments-market
Market Coverage
The market number available for – 2019-2026
Base year- 2019
Forecast Period- 2020-2026
Segment Covered- by Product Type, Application, and Distribution Channel
Countries Covered- The US and Canada
Competitive Landscape- 3M; Bauerfeind USA, Inc.; L&R USA INC.; Leonisa; and SIGVARIS GROUP
North American Compression Garments Market Report Segment
By Product Type
Bottoms
Compression Tapes
Facial Garments
Full Body Garments
Lower and Upper Extremities Garments
Tops
By Application
Healthcare
Sports
Slimwear
By Distribution Channel
Pharmacy and Offline Retail
Online
North American Compression Garments Market Report Segment
US
Canada
Reasons to Buying From us –
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/north-american-compression-garments-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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