Global Compression Wear and Shapewear Sales Market Estimated for Rapid Growth due to its Rising Adoption among Female Population

It is remarkably observed that compression clothing and body shapers are highly used products for the past few years. The usage of shapewear is day by day reaching new heights and due to this today it is expected to be one of the most lucrative product, globally. This type of clothing has started gaining more prominence in the undergarments category both for men and women. To explore additional information covering vital aspects about the market, a new forecast study titled “Global Compression Wear and Shapewear Sales Market Report 2017” has been freshly added to the massive archive of Market Research Hub (MRH). As per the findings of a new study, the global compression wear and shapewear market is dominated by male users owing to the higher adoption of compression wear among men.

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The analysts have studied the global market, by covering some prime regions such as United States, Southeast Asia, China, India, Europe and Japan. Market revenue in terms of US$ Mn and sales in terms of K units for the period 2012 to 2022, market share along with growth rate (CAGR %) from 2017 to 2022 are provided for all the segments. As per the key findings, the market for compression wear and shapewear is anticipated to grow at a remarkable CAGR during the forecast period. The growth of the market is driven by the rise in disposable income of consumers, advancements in the fabric technology & garment designs, rise in popularity of compression wear among the geriatric population, change in lifestyles of people and growing demand for compression wear arising from fitness industry.

Initially, the report comprises an elaborate executive summary, including a market snapshot that provides overall information of various segments and sub-segments. The market overview section of the report includes qualitative analysis of the overall compression wear and shapewear market, including the factors determining the market dynamics such as drivers, restraints and opportunities.

Moreover, the report segments the market on the basis of product, end-users/application. Major applications include medical applications, athletic use and others. Compression wear and shapewears are skin-tight clothing which applies pressure to particular parts of the body. On the basis of product type, it has been categorized into Shirts, Waist Cincher, Pants, Bra, Socks and others. It has been also analyzed that compression wear has long been used in medical applications to prevent circulation problems. But over the past two decades, they have become firmly established in activewear and sportswear. It is mainly because these type of garments can improve athletic performance, reduce the risk of injury and accelerate recovery during and after exercise.
Another factor, such as growing female interest in fitness and comfortable clothing, and rise in participation of women in sports activities are expected to supplement the growth of the female segment.

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The report further profiles major players operating in the global market. They are Triumph, Prima Donna, Adidas, HanesBrands, Spiegel, Spanx, Your Contour, Nike, Design Veronique, Wacoal, KIPSTA, Wonderbra Sexy, Under Armour, Leonisa, Zoot, EC3D, Ann Chery, Anita, 2XU, Skins, medi and CW-X.

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This release was published on openPR.