Press release
Body Shaper Market is Expected to witness Growth by 2028 with a CAGR of 7%
The global sales of the body shaper market reached US$ 2.2 Bn in 2019. According to PMR's report, the body shaper market is estimated to register a CAGR of 7% during the forecast period of 2020-2028.The increasing demand for body shaping and slimming products, driven by the growing focus on appearance and the rising trend of body positivity, is expected to drive the market growth. In addition, the growing trend of athleisure and the increasing adoption of a healthy lifestyle are also expected to fuel the market growth.
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The waist cincher segment is expected to dominate the global body shaper market due to the high demand for waist slimming products. The increasing trend of hourglass figures and the growing popularity of waist training are expected to drive the market growth in this segment.
The Asia-Pacific region is expected to dominate the global body shaper market due to the high demand for body shaping and slimming products in the region. The increasing disposable incomes and the growing trend of body positivity in the region are expected to drive the market growth.
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Key players in the global body shaper market include Spanx Inc,Jockey International, Inc,Belly Bandit,Wacoal,Nike Inc,Under Armour Inc,PUMA,Ann Chery,Annette International Corporation,Corset Story UK,Fájate Diseño de Prada,Hanesbrands Inc,Leonisa,Spiegel LLC,Marks & Spencer plc,Tolbert Yilmaz Manufacturing, Inc. These players are focusing on introducing innovative and advanced products to meet the changing needs of consumers and to stay competitive in the market.
In conclusion, the global body shaper market is expected to witness significant growth in the coming years due to the increasing demand for body shaping and slimming products, driven by the growing focus on appearance and the rising trend of body positivity, and the growing trend of athleisure and the increasing adoption of a healthy lifestyle.
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The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.
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