At an estimated value of over USD 4.58 billion in 2019, the Global Compression Wear and Shapewear Market is predicted to thrive at a CAGR of 5.1% and valued at over USD 7.92 billion over the forecast year 2020-2030.
Compression Wear and Shapewear refer to close fitted apparels, mainly designed for making the body appear perfectly shaped, by application of tender pressure at exact body parts. These bodywears improve blood circulation, boost stamina, maintain body balance, and provides muscle stabilization, controls body temperature, and help faster recovery from injuries. In addition, the shapewear helps in contouring the body and makes the appearance slimmer by toning up the excess fat situated on thighs, belly, and other parts of the body.
Access Full Description of this report at:-
Top Companies: Nike Inc., Spanx Inc., Triumph International Corporation, Adidas AG, Under Armour Inc., Leonisa SA, Ann Chery, 2XU Pty Ltd., Wacoal America Inc., and Skins International Trading AG and others.
The global compression wear and shapewear market share is segmented on the basis of product type, gender, application, distribution channel, and geography. On the basis of product type, the market is segmented into compression wear and shapewear. According to the gender, the market is segmented into female and male. On the basis of application, the market is divided into body shaping & lifestyle, and performance & recovery. According to the distribution channel, the market is segmented into specialty retail stores, multi-retail stores, and online channels. Geographic fragmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
Request sample copy of this report at:-
In terms of geography, North America held major share of the market in 2019. This is attributed to the extensive popularity of athletics & sports and presence of huge number of consumer with advanced lifestyle. Compression bottoms, shirts, sleeves, and socks among others are the most popular compression wear whereas waist cinchers, bodysuits, and briefs are popular shapewear products in U.S. However, Asia pacific is expected to grow rapidly with increasing market size due to growing obesity as well as rise in disposable income across several countries in the region.
About Next Move Strategy Consulting:
Next Move Strategy Consulting is an independent and trusted third-platform market intelligence provider, committed to deliver high quality, market research reports that help multinational companies to triumph over their competitions and increase industry footprint by capturing greater market share. Our research model is a unique collaboration of primary research, secondary research, data mining and data analytics.
We have been servicing over 1000 customers globally that includes 90% of the Fortune 500 companies over a decade. Our analysts are constantly tracking various high growth markets and identifying hidden opportunities in each sector or the industry. We provide one of the industry’s best quality syndicate as well as custom research reports across 10 different industry verticals. We are committed to deliver high quality research solutions in accordance to your business needs. Our industry standard delivery solution that ranges from the pre consultation to after-sales services, provide an excellent client experience and ensure right strategic decision making for businesses.
For more insights, please visit, https://www.nextmsc.com