Sports Shapewear Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 3.5 Billion by 2030, growing at a CAGR of 12.5% from 2024 to 2030.
From 2023 to 2033, the sports shapewear market is expected to continue growing at a rapid pace, driven by several factors. One of the key drivers is the growing demand for athleisure, where sportswear is no longer confined to workouts and is becoming a part of daily fashion. As more consumers embrace the idea of multifunctional apparel, the market for sports shapewear is set to expand further. Technological advancements will continue to shape the industry, with new products being developed to offer enhanced support, better breathability, and more flexibility. Sustainability will also play a crucial role in the growth of the market, as consumers become more conscious of the environmental impact of their purchases, pushing brands to offer eco-friendly materials and ethical production practices.
Moreover, the rising popularity of sports and fitness influencers on social media platforms has created a strong consumer base that seeks sports shapewear for both its functional and aesthetic qualities. Companies will likely continue to collaborate with influencers and athletes to promote their products, contributing to the market's sustained growth. Regional variations in demand will also impact the market's trajectory, with North America and Europe expected to remain key regions, while Asia-Pacific is anticipated to witness the fastest growth due to increasing disposable incomes and an expanding middle class.
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The sports shapewear market has experienced significant growth from 2018 to 2022, driven by increased awareness about fitness, health, and the growing demand for activewear that enhances performance and comfort. With the rising adoption of active lifestyles, individuals are seeking garments that provide both support and style. During this period, the market was shaped by innovations in fabric technologies, such as moisture-wicking materials and compression fabrics, which have enhanced the performance of sports shapewear. Furthermore, the surge in the popularity of fitness activities, particularly yoga, running, and gym workouts, has led to a steady demand for products designed to optimize body posture and improve overall athletic performance.
Spanx
Triumph International
Wacoal
Wolford AG
Yummie
VF Corporation
Maidenform
HanesBrands
Leonisa
Shapeez
Miraclesuit
Commando
Ann Chery
Your Contour
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Sports Shapewear Market
Online Retail
Offline Retail
Based on Types the Market is categorized into Below types that held the largest Sports Shapewear market share In 2023.
Siamese
Split
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Sports Shapewear Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Sports Shapewear Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sports Shapewear Market, By Type
6. Global Sports Shapewear Market, By Application
7. Global Sports Shapewear Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Sports Shapewear Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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