USD 9.66 billion
Report ID:
SQMIG25M2042 |
Region:
Global |
Published Date: January, 2025
Pages:
157
|Tables:
90
|Figures:
66
Compression Wear and Shapewear Market size was valued at USD 9.66 billion in 2023 and is poised to grow from USD 10.31 billion in 2024 to USD 17.32 billion by 2032, growing at a CAGR of 6.7% during the forecast period (2025-2032).
The Global compression wear and shapewear market has experienced substantial growth in recent years, driven by increasing health and fitness consciousness, rising demand for body shaping and contouring solutions, and the popularity of athleisure apparel. Compression wear refers to garments designed to apply pressure to specific body areas, aiming to improve blood circulation, reduce muscle fatigue, and enhance performance during physical activities. Shapewear, on the other hand, focuses on body shaping and slimming, providing a seamless and sculpted appearance under clothing.
The global compression wear and shapewear market caters to a wide range of consumer segments, including athletes, fitness enthusiasts, post-surgery patients, pregnant women, and individuals seeking instant body sculpting effects. The adoption of these garments has been driven by the growing trend of living an active and healthy lifestyle.
The athleisure fashion trend, which combines comfort and style, has significantly contributed to the popularity of compression wear as everyday wear. Consumers are increasingly looking for apparel that offers both functional benefits and aesthetic appeal, contributing to the market's expansion.
Moreover, advancements in fabric technology, such as moisture-wicking, anti-bacterial, and seamless designs, have further boosted the demand for compression wear and shapewear. Manufacturers are continually innovating to create products that provide maximum support, comfort, and breathability.
US Compression Wear and Shapewear Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 9.66 billion
Largest Segment
Compression wear
Fastest Growth
Compression wear
Growth Rate
6.7% CAGR
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Global Compression Wear and Shapewear Market is segmented by Product Type, Gender, Application, Distribution Channel and region. Based on Product Type, the market is segmented into Compression Wear and Shapewear. Based on Gender, the market is segmented into Male and Female. Based on Application, the market is segmented into Performance and Recovery and Body Shaping and Lifestyle. Based on Distribution Channel, the market is segmented into Multi-Retail Stores, Specialty Retail Stores and Online Channels. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
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In 2022, North America dominated the compression wear and shapewear market, primarily due to the widespread popularity of athletics and sports, as well as a large consumer base with an advanced lifestyle. Among compression wear products, compression bottoms, shirts, sleeves, and socks are particularly popular in the region. Shapewear products such as waist cinchers, bodysuits, and briefs also enjoy significant demand in the United States.
However, Asia Pacific is expected to experience rapid growth in the market. The increasing market size in the region can be attributed to the growing prevalence of obesity and the rise in disposable income across several countries. As more people in Asia Pacific become health-conscious and aspire to lead active lifestyles, the demand for compression wear and shapewear is projected to witness substantial growth in the coming years.
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Growing Sports and Fitness Activities
Health Concerns
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The competitive landscape of the compression wear and shapewear market is highly dynamic and competitive, with numerous players vying for market share. The market is characterized by a mix of established brands and emerging players, each striving to differentiate their products and capture a larger consumer base. Additionally, strategic partnerships, mergers and acquisitions, and collaborations are common strategies adopted by these players to further strengthen their market position.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Compression wear and shapewear market analysis, the increasing health and fitness consciousness, along with the desire for enhanced body aesthetics are considered primary growth drivers. The market is segmented into compression wear and shapewear, with compression wear gaining traction among athletes and individuals seeking muscle support. Shapewear is popular for its body-contouring and slimming effects. The market is driven by the rise in disposable income, urbanization, and changing lifestyles. Regions such as North America, Europe, and Asia-Pacific are key markets due to higher awareness and demand. As people focus on fitness and appearance, the compression wear and shapewear market is expected to continue its growth trajectory.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 9.66 billion |
Market size value in 2032 | USD 17.32 billion |
Growth Rate | 6.7% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Compression Wear and Shapewear Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Compression Wear and Shapewear Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Compression Wear and Shapewear Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Compression Wear and Shapewear Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Compression Wear and Shapewear Market size was valued at USD 5.32 Billion in 2023 and is poised to grow from USD 5.59 Billion in 2024 to USD 8.33 Billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).
The competitive landscape of the compression wear and shapewear market is highly dynamic and competitive, with numerous players vying for market share. The market is characterized by a mix of established brands and emerging players, each striving to differentiate their products and capture a larger consumer base. Additionally, strategic partnerships, mergers and acquisitions, and collaborations are common strategies adopted by these players to further strengthen their market position. 'Nike Inc.', 'Spanx Inc.', 'Adidas AG', 'Triumph International Corporation', 'Leonisa SA', 'Wacoal America Inc.', 'Ann Chery', '2XU Pty Ltd.', 'Under Armour Inc.', 'Jockey Inc.'
The rising participation in sports and fitness activities is creating a demand for compression wear that supports athletic performance and aids in post-workout recovery.
Health and Fitness Consciousness: The increasing focus on health and fitness has led to a growing demand for compression wear among athletes, fitness enthusiasts, and individuals seeking improved performance, muscle support, and post-workout recovery.
In 2022, North America dominated the compression wear and shapewear market, primarily due to the widespread popularity of athletics and sports, as well as a large consumer base with an advanced lifestyle. Among compression wear products, compression bottoms, shirts, sleeves, and socks are particularly popular in the region. Shapewear products such as waist cinchers, bodysuits, and briefs also enjoy significant demand in the United States.
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