Global Compression Wears Market Emerging Trend, Top Companies, Industry Demand and Regional Analysis by 2028

The global compression wears market is anticipated to grow at a CAGR of 5.5% during the forecast period (2022-2028). It is a body-hugging, skintight garment that promotes the circulation of blood and stabilizes muscles by applying pressure to specific parts of the body. These are designed to improve the oxygenation of muscles, which can enhance the efficacy and productivity during short bouts of exercise and increased the blood and lymphatic flow to the specified limb, and supports to shorten the recovery time. In addition, the increasing growing popularity of compression wear among the geriatric population, the rising awareness for fitness in urban and semi-urban areas, increasing participation in fitness-related activities, and the rising disposable income of people are some factors that propel the growth of the global compression wears market during the forecast period.
Furthermore, the increasing deployment of advanced fabrics by manufacturers such as lycra, nylon, neoprene, and spandex to improve the quality of compression wear, and the growing use of the latest technologies such as laser cutting and bonding has successfully led to the elimination of seams, hems, and bulky fastenings, increasing demand for garments that can regulate body temperature and enhance performance are some factors that boost the growth of the global compression wear market during the forecast period.

Some major players in the market include Adidas AG, Nike Inc., and Under Armour, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in April 2020, Nike Inc. announced the launch of a new innovative fabric namely, Nike Infinalon which is designed to deliver comfort and flexibility. The company also added that the fabric provides sculpting, contouring, and shaping and is smooth to touch and the fabric is made from finer woven yarn and apparels provide a breathable and lightweight feel. Further, in April 2019, Under Armour, Inc. entered into a partnership with Celliant a part of Hologenix, LLC to improve the oxygen flow and circulation with the embedded infrared technology that pushes energy back to the fabric.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Product Type
o By Gender
o By Application
o By Distribution Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Adidas AG, Nike Inc., Spanx Inc., and Under Armour, Inc., among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of Global Compression Wears Market is available at:
https://orionmarketreports.com/global-compression-wears-market/108850/

Global Compression Wears Market Report by Segment

By Product Type
• Shirts
• Pants
• Waist Cincher
• Socks
• Bra
• Others

By Gender
• Male
• Female

By Application
• Performance and Recovery
• Body Shaping and Lifestyle

By Distribution Channel
• Hypermarket/Supermarket
• Multi-Retail Stores
• Specialty Retail Stores
• Online Channels

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This release was published on openPR.