Press release
Rapid Urbanization Fuels Compression Wear And Shapewear Market Driver: Leading Transformation in the Compression Wear And Shapewear Market in 2025
Compression Wear And Shapewear Market Size
The compression wear and shapewear market is blooming significantly due to swift urbanization. Urbanization involves the migration of people from rural areas to urban towns, leading to a surge in population density in cities. The awareness for fitness and involvement in sports activities is escalating among the urban population, which, in turn, is boosting the uptake of compression wear and shapewear. For instance, the World Bank, a US-based international finance organization, noted in April 2023 that approximately 4.4 billion people, which is 56% of the global population, are currently living in cities. By 2050, it is estimated that 70% of the population will be dwelling in urban areas, with the urban population likely to more than double from the existing level. Hence, swift urbanization is expected to spur the growth of the compression wear and shapewear market.
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What Is the projected market size and growth rate for the compression wear and shapewear market?
The market for compression wear and shapewear has seen considerable growth in recent times. There is an anticipated increase from $5.14 billion in 2024 to $5.54 billion in 2025, representing a compound annual growth rate (CAGR) of 7.8%. The expansion in the past years is attributable to factors like heightened health and fitness consciousness, medical uses, fashion trends, perceptions of body image, athletic performance improvement, and post-operative recuperation.
In the coming years, the compression wear and shapewear market is forecasted to witness robust growth, increasing to $7.56 billion in 2029 with a compound annual growth rate (CAGR) of 8.1%. Several factors contributing to this projected growth during the forecast period include the rise in aging population, expansion of e-commerce, focus on posture correction, increasing awareness about health, recovery from physical workouts, and the body positivity movement. The forecast period will also see significant trends, such as the incorporation of intelligent textiles, trendy designs in shapewear, inclusive sizes catering to body positivity, options for customization and personalization, celebrity branding strategies, and the inclusion of anti-cellulite and skincare features.
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What new trends are reshaping the compression wear and shapewear market and its opportunities?
In the compression wear and shapewear market, technological innovations are emerging as the prominent trends. Top companies are concentrating on creating tech-savvy products to cater to the changing consumer needs and tastes. Processes like bonding, compression technology, and laser cutting are revolutionizing the shapewear landscape by eliminating bulky fastenings, seams, and hems. For instance, CYSM Shapers, a medical body shaping technology firm from the US, unveiled the Thermal Compression Full Body Shaper equipped with Advanced BIO Therapy Technology in February 2024. This cutting-edge product combines health features like moisture-wicking, antimicrobial, and antibacterial capabilities with body shaping function, thereby ensuring improved comfort, seamless usability, and support for post-surgery recovery.
What major market segments define the scope and growth of the compression wear and shapewear market?
The compression wear and shapewear market covered in this report is segmented -
1) By Product Type: Compression Wear, Shapewear
2) By Gender: Male, Female
3) By Application: Performance And Recovery, Body Shaping And Lifestyle
4) By Distribution Channel: Multi-Retail Stores, Specialty Retail Stores, Online Channels
Subsegments:
1) By Compression Wear: Compression Tops (T-Shirts, Long Sleeves), Compression Bottoms (Leggings, Shorts), Compression Socks And Sleeves, Compression Sports Bras
2) By Shapewear: Bodysuits, Control Briefs And panties*, Shaping Camisoles, Shaping Leggings And Tights
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Which region dominates the compression wear and shapewear market?
North America was the largest region in the compression wear and shapewear market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compression wear and shapewear market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the compression wear and shapewear industry growth?
Major companies operating in the compression wear and shapewear market include Nike Inc., Adidas AG, Shein Inc., Hanesbrands Inc., Under Armour Inc., Triumph International, Wacoal America Inc., SKIMS Solutions Inc., JOCKEY International Inc., Spanx Inc., Good American LLC, EC3D Orthopaedic Inc., Hanky Panky Inc., Acme-McCrary Corporation., 2XU Pty. Ltd., Freya Lingerie Ltd., medi GmbH & Co. KG, Design Veronique, Curvy Kate Limited, Negative Underwear Inc., Anita Dr. Helbig GmbH, Ann Chery, CW-X, Leonisa S.A., Maidenform Brands Inc., Bali Bras & Lingerie LLC, Charnos Holdings Limited, Nubian Skin Inc., Dia & Co. LLC, True & Co. Inc.
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What Is Covered In The Compression Wear And Shapewear Global Market Report?
•Market Size Forecast: Examine the compression wear and shapewear market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the compression wear and shapewear market for a structured understanding.
•Key Players Overview: Analyze major players in the compression wear and shapewear market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the compression wear and shapewear market.
•Segment Contributions: Evaluate how different segments drive overall growth in the compression wear and shapewear market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the compression wear and shapewear market.
•Industry Challenges: Identify potential risks and obstacles affecting the compression wear and shapewear market.
•Competitive Landscape: Review strategic developments in the compression wear and shapewear market, including expansions, agreements, and new product launches.
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