As per UnivDatos Market Insights, Shapewear Market was valued at US$ 2.5 billion in 2020 and is expected to reach US$ 4.1 billion by 2027, registering a CAGR of 7.22% during the forecast period (2021-2027).
Shapewear market is ready to propel the growth at around 7.22% during the forecast period. The market's growth is aided by the rising younger population around the world. Obesity and weight problems are well-known issues in modern societies all over the world demanding the growth of shapewear market. As of 2019, nearly 39% of adults (18 years and older) worldwide were overweight. Changing lifestyle incurs increased investment in fitness and related accessories, has positively impacted the market growth. Shapewear assists in squeezing the extra fat, making the body look slimmer. Shapewear garments can directly help in achieving inch loss and indirectly facilitate wearers to lose weight. Many of the products provide 3X compression for wearers problem areas, and regularly wearing them could help them go down 1-3 sizes.
According to a survey conducted by INVISTA, 93% women prefer lin-gerie that would provide shaping and contouring functionalities. The average age of consumers using shapewear is between 38 to 42 years, considering women undergo weight gain at this stage due to pregnancy and menopause. A survey of Kaleidoscope customers, asking for their thoughts on lin-gerie and shapewear, of the customers surveyed, 43% of women said they bought shapewear for their waist, 17% to enhance their overall shape and 11% for their hips. The most popular shapewear colour choice was tan, followed by black and then white. The survey results showed that 51% of customers who bought shapewear, bought for a special occasion.
Detailed analysis of key driver of Shapewear Market browses through - https://univdatos.com/get-a-free-sample-form-php/?product_id=6720
The report “Shapewear Market: Current Analysis and Forecast (2021-2027)” by UnivDatos Market Insights delivers a comprehensive analysis of gender, type, distribution channel, application, and region.
Shapewear Market Segmentation
By Gender:
Male
Female
By Types:
Body Shapers
Corsets
Seamless
Waist Cinchers
Camisoles
Leggings
By Distribution Channel:
Online
Offline
By Application:
Performance & Recovery
Body Shaping & Lifestyle
By Region:
North America
United States
Europe
United Kingdom
Germany
Asia-Pacific
China
India
Central & South America
Brazil
Rest of World
Based on gender, the market has been segmented into Male, and Female. Female segment was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% between 2021-2027.
Request To Download Sample of this Strategic Report - https://univdatos.com/get-a-free-sample-form-php/?product_id=6720
Based on product type, the market is divided into Body Shapers, Corsets, Seamless, Sneaker, Joggers, and Leggings. X segment accounted for a market valuation of US$ X million in 2020 and is expected to reach US$ X million by 2027, growing at a CAGR of X% over the analyzed period.
Based on distribution channel, the market is bifurcated into Online, Offline. Offline segment generated revenue of US$ X million in 2020 and is expected to grow at a CAGR of X% during the forecast period to reach a market valuation of US$ X million by 2027.
Based on application, the market is segmented into Performance & Recovery, and Body Shaping & Lifestyle. Body Shaping & Lifestyle segment generated for a market valuation of US$ X million in 2020 and is expected to reach US$ X million by 2027, at a CAGR of X% over the analyzed period.
Additionally, this report also provides insights for major regions including North America, Europe, Asia-Pacific, Central & South America, and the Rest of the World. According to UnivDatos Market Insights, the X region of the “Shapewear Market” was valued at US$ X million in 2020 and is likely to reach US$ X million by 2027 growing at a CAGR of X% from 2021-2027.
For a Sample of the report browse through - https://univdatos.com/get-a-free-sample-form-php/?product_id=6720
Key players
The market is highly fragmented due to the presence of different large, small, and medium-scale players. Some of the key players that hold major market share include companies are:
Nike Inc.
Spanx Inc.
Adidas AG
Triumph International Corporation
Leonisa SA
Wacoal America Inc.
Ann Chery
2XU Pty. Ltd.
Under Armour Inc.
Skins International Trading AG
About Us:
UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.
Contact us:
UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
Ph: +91 7838604911
