Press release
Compression Wear and Shapewear Market Valuation Worth USD 6.95 Billion by 2030, At 7.7% CAGR From 2021 to 2030 - Report by Allied Market Research
According to a new report published by Allied Market Research, titled, "Compression Wear and Shapewear Market by Product Type, Gender, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030,"
The compression wear and shapewear market size was valued at $4 billion in 2020, and is projected reach $6.9 billion by 2030, registering a CAGR of 7.7% from 2021 to 2030. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape.
Access Full Summary: https://www.alliedmarketresearch.com/compression-wear-shapewear-market
Change in lifestyles, rise in disposable income of consumers, high-end advancements in fabrics & garment design, and surge in demand from the geriatric population drive the growth of the global compression wear and shapewear market. Based on gender, the male segment generated the highest share in 2020. By region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030.
Compression wear & shapewear are tight-fitted apparels designed specifically to keep the body in a certain posture. Increase in disposable income of customers, advancements in the fabric technology & garment designs, rise in popularity of shapewear among the geriatric population, and change in lifestyles drive the market growth of shapewear segment.
Based on product type, the compression wear segment accounted for the major share in 2020, holding nearly four-fifths of the global market. The same segment would also grow at the fastest CAGR of 8.0% throughout the forecast period.
Based on gender, the male segment generated the highest share in 2020, accounting for more than half of the global market. The female segment, on the other hand, is projected to manifest the fastest CAGR of 6.1% from 2021 to 2030.
Download Sample Report @https://www.alliedmarketresearch.com/request-sample/1745
Based on region, the market across North America held the lion's share in 2020, garnering more than two-fifths of the global market. North America accounted for about 42% of the market by share and is expected to grow at a CAGR of 7.7% during the forecast period. The Asia-Pacific region, however, is expected to cite the fastest CAGR of 8.5% by the end of 2030.
COVID-19 scenario-
• The consumers were restricted to join gyms and other fitness clubs, especially during the initial phase of the pandemic, resulting in lower purchase of compression and shape wear products, which in turn impacted the global compression wear and shapewear market negatively.
• Nevertheless, as the global situation gets better, the market is projected to revive soon.
• The COVID-19 has impacted the market negatively in the year 2020. The global pandemic caused by the outbreak of Novel Corona Virus has hit the business world exhaustively at an unprecedented scale all across the world since the turbulent year 2020.
The key market players analyzed in the global compression wear and shapewear market report include:
• Spanx Inc.
• Adidas AG
• Triumph International Corporation
• Jockey Inc.
• Leonisa SA
• Wacoal America Inc.
• Ann Chery
• 2XU Pty Ltd.
• Nike Inc.
• Under Armour Inc.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1745
Contact us:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022|
UK: +44-845-528-1300 |
Hong Kong: +852-301-84916 |
India (Pune): +91-20-66346060 |
Fax: +1-855-550-5975
Email: help@alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
The compression wear and shapewear market size was valued at $4 billion in 2020, and is projected reach $6.9 billion by 2030, registering a CAGR of 7.7% from 2021 to 2030. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape.
Access Full Summary: https://www.alliedmarketresearch.com/compression-wear-shapewear-market
Change in lifestyles, rise in disposable income of consumers, high-end advancements in fabrics & garment design, and surge in demand from the geriatric population drive the growth of the global compression wear and shapewear market. Based on gender, the male segment generated the highest share in 2020. By region, on the other hand, the market across Asia-Pacific would manifest the fastest CAGR by 2030.
Compression wear & shapewear are tight-fitted apparels designed specifically to keep the body in a certain posture. Increase in disposable income of customers, advancements in the fabric technology & garment designs, rise in popularity of shapewear among the geriatric population, and change in lifestyles drive the market growth of shapewear segment.
Based on product type, the compression wear segment accounted for the major share in 2020, holding nearly four-fifths of the global market. The same segment would also grow at the fastest CAGR of 8.0% throughout the forecast period.
Based on gender, the male segment generated the highest share in 2020, accounting for more than half of the global market. The female segment, on the other hand, is projected to manifest the fastest CAGR of 6.1% from 2021 to 2030.
Download Sample Report @https://www.alliedmarketresearch.com/request-sample/1745
Based on region, the market across North America held the lion's share in 2020, garnering more than two-fifths of the global market. North America accounted for about 42% of the market by share and is expected to grow at a CAGR of 7.7% during the forecast period. The Asia-Pacific region, however, is expected to cite the fastest CAGR of 8.5% by the end of 2030.
COVID-19 scenario-
• The consumers were restricted to join gyms and other fitness clubs, especially during the initial phase of the pandemic, resulting in lower purchase of compression and shape wear products, which in turn impacted the global compression wear and shapewear market negatively.
• Nevertheless, as the global situation gets better, the market is projected to revive soon.
• The COVID-19 has impacted the market negatively in the year 2020. The global pandemic caused by the outbreak of Novel Corona Virus has hit the business world exhaustively at an unprecedented scale all across the world since the turbulent year 2020.
The key market players analyzed in the global compression wear and shapewear market report include:
• Spanx Inc.
• Adidas AG
• Triumph International Corporation
• Jockey Inc.
• Leonisa SA
• Wacoal America Inc.
• Ann Chery
• 2XU Pty Ltd.
• Nike Inc.
• Under Armour Inc.
For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1745
Contact us:
David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022|
UK: +44-845-528-1300 |
Hong Kong: +852-301-84916 |
India (Pune): +91-20-66346060 |
Fax: +1-855-550-5975
Email: help@alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
