Compression Wear and Shapewear Market 2021: Global Trends, Key Vendors Analysis, Industry Growth by Forecast to 2028

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.

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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.

Impacts of Covid-19 on the Market

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Compression Wear and Shapewear Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.

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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

Nike, Inc
Spanx, Inc
Adidas AG
Wacoal
2XU
Triumph International
Leonisa
Ann Chery
Under Armour, Inc.
Jockey International, Inc

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This release was published on openPR.