Press release
Compression Garments and Accessories Market Is Set To Fly High Growth In Years To Come | Nike, Under Armour, 2XU
Compression Garments and Accessories Market
The Compression Garments and Accessories Market have seen a market size of USD 2.8 billion in 2023 and estimated to reach USD 4.5 billion by 2030, growth at a CAGR of 7%. Pre Covid, back in 2019 it was ranging ~ USD 2 billion and since then market have recovered completely and showing robust growth.
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Compression Garments and Accessories Market Overview:
Compression garments and accessories are specialized clothing items designed to improve circulation, support muscles, and provide therapeutic benefits. These garments are used in sports, medical rehabilitation, and post-surgical recovery. The market is driven by the increasing awareness of the health benefits of compression wear, growing adoption in sports and fitness, and the rising prevalence of chronic diseases like lymphedema and varicose veins. Additionally, advancements in fabric technology and the growing trend toward athleisure are contributing to market growth. Challenges include high product costs and concerns about long-term wearability. The demand for compression garments is particularly high in sports and healthcare sectors.
Geographically, North America have shown robust growth in Compression Garments and Accessories market and Europe region is growing at fastest pace.
Market Trends:
• Advancements in fabric technology, rising demand for athleisure and multifunctional garments, increasing use of compression wear in recovery and rehabilitation sectors
Market Drivers:
• Growing awareness of health benefits of compression wear, increasing adoption in sports and fitness, rising prevalence of chronic diseases like varicose veins
Market Challenges:
• High product costs, concerns about long-term wearability, competition from low-cost alternatives
The segments and sub-section of Compression Garments and Accessories market is shown below:
The Study is segmented by the following Product/Service Type: Sports Compression Wear, Medical Compression Garments, Post-Surgical Compression Wear, Shapewear, Support Stockings
Major applications/end-users' industry are as follows: Sports and Fitness, Medical Rehabilitation, Post-Surgery Recovery, Varicose Vein Treatment, Lymphedema Management
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Important years considered in the Compression Garments and Accessories study:
Historical year - 2019-2023; Base year - 2023; Forecast period** - 2024 to 2030 [** unless otherwise stated]
If opting for the Global version of Compression Garments and Accessories Market; then below country analysis would be included:
• North America (USA, Canada and Mexico)
• Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
• Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
• South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
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Key Questions Answered with this Study
1) What makes Compression Garments and Accessories Market feasible for long term investment?
2) Know value chain areas where players can create value?
3) Territory that may see steep rise in CAGR & Y-O-Y growth?
4) What geographic region would have better demand for product/services?
5) What opportunity emerging territory would offer to established and new entrants in Compression Garments and Accessories market?
6) Risk side analysis connected with service providers?
7) How influencing factors driving the demand of Compression Garments and Accessories in next few years?
8) What is the impact analysis of various factors in the Compression Garments and Accessories market growth?
9) What strategies of big players help them acquire share in mature market?
10) How Technology and Customer-Centric Innovation is bringing big Change in Compression Garments and Accessories Market?
Browse Executive Summary and Complete Table of Content @ https://www.htfmarketreport.com/reports/4345923-2024-2031-report-on-global-compression-garments-and-accessories-market?utm_source=Vishwanath_OpenPR&utm_id=Vishwanath
There are 15 Chapters to display the Compression Garments and Accessories Market
Chapter 1, Overview to describe Definition, Specifications and Classification of Compression Garments and Accessories market, Application [Sports and Fitness, Medical Rehabilitation, Post-Surgery Recovery, Varicose Vein Treatment, Lymphedema Management] And Market Segment by Types [Sports Compression Wear, Medical Compression Garments, Post-Surgical Compression Wear, Shapewear, Support Stockings];
Chapter 2, objective of the study.
Chapter 3, Research methodology, measures, assumptions and analytical tools
Chapter 4 and 5, Compression Garments and Accessories Market Trend Analysis, Drivers, Challenges by consumer behaviour, Marketing Channels, Value Chain Analysis
Chapter 6 and 7, to show the Compression Garments and Accessories Market Analysis, segmentation analysis, characteristics;
Chapter 8 and 9, to show Five forces (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 10 and 11, to show analysis by regional segmentation, comparison, leading countries and opportunities; Customer Behaviour
Thanks for showing interest in Compression Garments and Accessories Industry Research Publication; you can also get individual chapter wise section or region wise report version like North America, LATAM, United States, GCC, Southeast Asia, Europe, APAC, United Kingdom, India or China etc
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com
About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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