Global Compression Stockings Market Expected to Reach $2.4 Billion by 2026 | Spanx Inc., Triumph International Corporation, 2XU Pty Ltd., Leonisa, Ann Chery

According to a new report published by Allied Market Research titled, "Compression Stockings Market by product type, age group and distribution channel: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global Compression Stockings market size was valued at $1.6 billion in 2018, and is projected to reach $2.4 billion by 2026, growing at a CAGR of 5.6% from 2019 to 2026. In 2018, North America accounted for nearly 40.4% share of the Compression Stockings market.

"Some of the key compression stockings companies consider online channel as one of the effective tools in promoting their products and services among target segment, due to increase in internet penetration across the globe."

Compression garments are widely being considered as an important measure in preventing the recurrence of venous leg ulcers. Moreover, compression is being recognized as the cornerstone for long-term management of chronic edema. Over the past couple of years, rise in number of cases of edema as well as venous leg ulcers has been witnessed, especially among individuals who are aged above 50 years. Hence, such patients rely on compression stockings for proper blood circulation. Thus, rise in number of patients suffering from venous leg ulcers patients triggers the demand for compression stockings, thereby augmenting the global compression stockings market growth.

Ask for sample copy of this report :- https://www.alliedmarketresearch.com/request-sample/6318

Over the years, the compression stocking segment has endured higher level of evolution in terms of product offerings. Taking in account customers’ desire of convenience in using any kind of healthcare products, some of the key manufacturers in global compression stockings market have strategized on introducing novel and unique products. For example, VenoPower brand of Tacco has introduced compression sock free design, which helps to increase the blood circulation by 26%. Unlike compression socks which only stimulate the calf muscle to assist in circulation, VenoPower activates both the calf and venous foot pump simultaneously. Hence, innovation is considered to be an influential compression stockings market trend.

Apart from innovation, aesthetics in compression stocking is another key factors that helps draw the attention of target customers in the global market. Initially, compression stockings were available in traditional medical care designs and fabrics that tend to be unattractive. However, in the recent past, compression stocking manufacturers strategized on launching fashion-oriented products that cater to growing customer requirements.

For instance, in 2017, Comrad, one of the key manufacturers in global compression stockings market, launched a new line of compression stockings that feature alluring prints and modern styles. Hence improvisation in compression stockings will be an influential factor during the forecast period.

Get detailed COVID-19 impact analysis@ Request For Customization:- https://www.alliedmarketresearch.com/request-for-customization/6318?reqfor=covid

The global market is segmented on the basis of product type, demography, distribution channel and region. Based on product type, the market is segmented into knee high and thigh high. Based on demography, the market is classified into men and women. By distribution channel the market is divided into departmental stores and E-commerce. Based on region, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, Spain, UK, Italy, France, and rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, and rest of LAMEA).

Key Findings of the Study

In 2018, by type, the thigh-high segment accounted for around higher value compression stockings market share, i.e., 55.9%.
In 2018, depending on demography, the men segment is expected to register a CAGR of 6.2% during the forecast.
In 2018, North America accounted for a prominent market share of 40.4%.
Key players profiled in the compression stockings industry include Spanx Inc., Triumph International Corporation, 2XU Pty Ltd., Leonisa, Ann Chery, Colfax Corporation (DJO Global), I-Runner, European Lingerie Group, Creswell Sock Mills, and Zhende Medical Group.

If You Have Any Query, Ask Our Experts:- https://www.alliedmarketresearch.com/connect-to-analyst/6318

TABLE OF CONTENT :-

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors
2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Parent Market Overview (2018-19)
3.3. Key Forces Shaping Compression stockings Market

3.3.1. High bargaining power of suppliers
3.3.2. Moderate-to-high threat of new entrants
3.3.3. Moderate threat of substitutes
3.3.4. Moderate intensity of rivalry
3.3.5. Moderate bargaining power of buyers

3.4. Value Chain Analysis

3.4.1. Raw material suppliers
3.4.2. Compression & shapewear producers
3.4.3. Distribution platforms
3.4.4. End users

3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Change in lifestyle
3.5.1.2. Advancement in fabrics and garments designs
3.5.1.3. Rise in number of Chronic venous leg ulceration (VLU) patients
3.5.1.4. Rise in demand from geriatric population

3.5.2. Restraints

3.5.2.1. Rise in awareness of probable side effects of compression garments

3.5.3. Opportunities

3.5.3.1. Continuous product innovation
3.5.3.2. Rise of social media marketing

3.6. Conditions that drive the usage of compression stockings
3.7. Global Ageing Population
3.8. Pricing Analysis ($/Unit)
… Continue Toc

Interested to Procure The Data? Inquire here at :-https://www.alliedmarketresearch.com/purchase-enquiry/6318

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting services to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.