Compression Wear and Shapewear Market Report： the global market size is projected to reach USD 1.29 billion by 2030

Compression wear and shapewear garments are skin-tight clothing which apply pressure to specific parts of the body. Through the application of compression to underlying veins, the speed of blood flow increases and the rate of oxygen delivery to muscles are increased.

 

According to the new market research report “Compression Wear and Shapewear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Compression Wear and Shapewear market size is projected to reach USD 1.29 billion by 2030, at a CAGR of 6.2% during the forecast period.

 

• Global Compression Wear and Shapewear MarketSize(US$ Million), 2023 VS 2030

 

Source: QYResearch, "Compression Wear and Shapewear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

 

• Global Compression Wear and Shapewear Top17Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

 

Source: QYResearch, "Compression Wear and Shapewear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

According to QYResearch Top Players Research Center, the global key manufacturers of Compression Wear and Shapewear include Triumph International, Nike, Under Armour, Adidas, HanesBrands, Wacoal, Leonisa, Decathlon, Spanx, medi, etc. In 2023, the global top five players had a share approximately 35.0% in terms of revenue.

 

• Compression Wear and Shapewear,Global Market Size, Split by Product Segment

 

Source: QYResearch, "Compression Wear and Shapewear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

 

In terms of product type, currently Sports is the largest segment, hold a share of 47.1%.

 

• Compression Wear and Shapewear,Global Market Size, Split by ApplicationSegment

 

Source: QYResearch, "Compression Wear and Shapewear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

 

In terms of product application, currently Off-line is the largest segment, hold a share of 80.8%.

 

• Compression Wear and Shapewear,Global Market Size, Split by Region

 

Source: QYResearch, "Compression Wear and Shapewear- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

 

Market Drivers:

There is a growing awareness of the importance of physical fitness and health among consumers, leading to a rise in demand for compression wear that offers benefits such as muscle support, improved circulation, and faster recovery after exercise.

Restraint:

One of the restraints in the Compression Wear and Shapewear market is the potential health concerns associated with prolonged and excessive use of compression garments. Some studies suggest that wearing compression wear for extended periods or with excessive pressure may lead to negative effects such as restricted blood flow, skin irritation, nerve compression, or muscle atrophy. This concern may deter some consumers from using compression wear regularly or for extended durations.

Additionally, there may be a lack of standardization and regulation in the compression wear and shapewear industry, leading to inconsistencies in product quality and sizing. Consumers may encounter challenges in finding the right fit or determining the appropriate level of compression for their needs, which can impact the overall user experience and effectiveness of the garments.

 

Opportunity:

There is a growing trend towards inclusivity and diversity in fashion and body positivity movements. Companies have the opportunity to expand their product lines to cater to a broader range of body types, sizes, and demographics, including men, plus-size individuals, and individuals with specific medical needs.

 

About QYResearch

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