The compression wear and shapewear market is growing at a CAGR of seven per cent a year.
Compression wear and shapewear are tight-fitted apparels designed specifically to keep the body in a certain posture. Change in lifestyles, rise in disposable income of consumers, high-end advancements in fabrics and garment design and a surge in demand from the geriatric population are driving the growth of the market. Male users are leading the global compression wear and shapewear market. Men prefer compression garments during a workout, further fueling the demand from the male consumer segment. The women’s segment too is growing owing to interest in fitness and comfortable clothing and an increased participation of women in sports activities.
North America accounts for about 42 per cent of the market share. Among various distribution channels, the specialty retail stores segment holds a revenue share of 62 per cent and is expected to maintain its dominance ahead as well. This segment constitutes company-owned outlets that possess extensive penetration in various geographies and sell wide product lines of compression wear and shapewear. The performance and recovery segment accounts for the maximum revenue share. This segment is expected to grow owing to extensive usage of compression wear to prevent injuries, improve blood circulation, and speed up recovery.
By Fashionating World
https://www.fashionatingworld.com/new1-2/global-shapewear-market-grows-at-seven-per-cent