Global Shapewear and Stockings Market Report 2023: Sector is Expected to Reach $5.8 Billion by 2028 at a CAGR of 6.3% – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Shapewear and Stockings Market Overview, 2023-28” report has been added to ResearchAndMarkets.com’s offering.

According to this report the market is anticipated to reach market size of USD 5.8 Billion, increasing from USD 4.06 Billion in 2022. The market is projected to grow with 6.30% CAGR for 2023-28.

Company Profiles

• Jocky International, Inc
• Victoria’s Secret
• Triumph International
• Vedette Shapewear
• Spanx Llc
• Hanesbrand Inc
• Miraclesuit
• Adidas Inc
• Leonisa S.A.
• Wacoal Ltd

Considered in this report

• Geography: Global
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Vendors in the market are selling their products through third-party online retailers. With the growing e-commerce industry and online compression wear and shapewear market, many new private brands largely or solely sell their products online. This is enabling them to strengthen their position in the online compression wear and shapewear market.

However, third-party, multibrand, pure-play e-retailers generate the highest sales of compression wear and shapewear online. Therefore, the competition in the market is intense. A greater variety of shapewear has been introduced to accommodate various body types in recent years.

As a result, companies have been able to sell more items and offer more customization options that meet consumers’ needs. This boosts sales and allows companies to maintain a high level of customer satisfaction. Many factors contribute to this boom; however, one of the leading causes is the advent and proliferation of clothing sizes.

The body positivity movement and acceptance of diverse body shapes have also contributed significantly to this growth. More people feel able to purchase and wear shapewear due to less pressure from society. It is not uncommon for adults in America to suffer from body image issues and dissatisfaction with their appearance.

Rise in disposable income to improve the male of living of individuals, incorporation of exercising into daily fitness regimes of lifestyle users, and increase in replacement of gym wear by compression wear are also expected to foster the compression wear & shapewear market growth.

The compression wear & shapewear market analysis shows that emergence of fitness institutions and rising engagement of consumers with healthy lifestyles will proliferate the market size during the forecast period. In addition, the rise in the trend of shapewear among the women day-by-day with more females longing for toned looks and aesthetic physique without going to the gym and dieting because of the shortage of time and work pressure will further provide potential opportunities for the growth of the body shaper market in the coming years.

Based on the product type, shapewear segment is leading the market in 2022. On the other hand, the growing number of health-conscious consumers and patients suffering from venous disorders and the increased use of physical exercise as part of one’s daily routine and beauty consciousness are fuelling the market growth.

Additionally, compression garments’ stylish designs and comforting fabric have replaced traditional gym outfits such as T-shirts and shorts. Thus, such lifestyle changes have propelled the growth of the global stockings market. The word stockings has been in use since the late 14th century – when they were first worn as an undergarment to ensure that legs remained warm and free of perspiration. Stockings can also be called tights, knee highs, or pantyhose. Body shaping and lifestyle application is dominating the global market in 2022.

In recent years, there has been a growing trend towards more sustainable and eco-friendly shapewear and stockings, with many brands introducing products made from recycled materials or using eco-friendly production methods. The shapewear market is dominated by established brands such as Spanx, HanesBrands, and Wacoal, while the stockings market is more fragmented, with many regional and local players.

Men’s shapewear is a growing segment of the market, driven by changing attitudes towards body image and a growing acceptance of men’s shapewear as a legitimate fashion item. The shapewear and stockings market is unique in its combination of functionality, comfort, versatility, and cultural significance. These factors contribute to the popularity of these products around the world and make the market a dynamic and interesting one to watch.

The shapewear and stockings market has traditionally been dominated by North America and Europe, but there are significant opportunities for growth in emerging markets, such as Asia-Pacific, Latin America, and Africa. As disposable incomes rise and consumer awareness of these products increases, demand for shapewear and stockings are likely to grow in these regions. There is an opportunity for shapewear and stockings manufacturers to innovate in terms of materials and design. For example, they could introduce new fabrics that offer greater comfort and breathability, or new designs that provide better support and shaping.

Key Topics Covered:

1. Executive Summary

2. Market Dynamics

3. Research Methodology

4. Market Structure

5. Economic /Demographic Snapshot

6. Competitive Landscape

7. Global Shapewear and Stockings Market Outlook

8. North America Shapewear and Stockings Market Outlook

9. Europe Shapewear and Stockings Market Outlook

10. Asia-Pacific Shapewear and Stockings Market Outlook

11. South America Shapewear and Stockings Market Outlook

12. Middle East & Africa Shapewear and Stockings Market Outlook

13. Company Profile

14. Strategic Recommendations

15. Annexure

16. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/72a8m4

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