
Report ID: SQMIG25M2042
SkyQuest Technology's Compression wear and shapewear market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Compression Wear and Shapewear Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
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.
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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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Report ID: SQMIG25M2042
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