The global shapewear market is anticipated to grow at a significant CAGR in the forthcoming period. Shapewears are apparels that cover the body by enabling a tight fit, thus enhancing the body shape. It thus gives an impression of slim fit and a toned body figure. Shapewears are also known to enhance blood circulation, body balance and improve endurance of the body coupled with a strong regulation over body temperature. With evolution in shapewear apparels, lighter girdles with elastic were used as a fashion statement in the latter decades. Therefore, on a commercial scale, the shapewear industry size is expected to outgrow in terms of consumers and retailers.
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The shapewear industry is strongly driven by factors such as rising number of fitness enthusiasts and population for athletic activities. Other factors such as rising disposable income coupled with demand for elegant shapewear apparels are expected to stimulate the market growth in the forthcoming period. Segmentation based on application for the industry includes performance and recovery. Segmentation based on distribution channels for shapewear market includes specialty retail stores, wholesale stores, supermarket and hypermarket.
Geographical segmentation for shapewear market includes North America, South America, Europe, Asia-Pacific, Middle-East and Africa. APAC market is expected to gain a significant share in the market growth due to rise in fitness enthusiasts coupled with product innovation, marketing and promotion strategies.
North America and Europe shapewear industry is anticipated to rise at a significant CAGR due to rising population coupled with rise in demand. Middle-East shapewear industry is anticipated to witness a staggering growth in the near future due to rise in health awareness. Africa shapewear industry is expected to witness a moderate CAGR growth in the forthcoming period.
Top Key Players Analysis covered Shapewear Market Report
• Prima Donna
• Ann Chery
• Your Contour
• Wonderbra Sexy
• Under Armour
• Design Veronique
Segmentation on the basis of Product,
• Waist Cincher
Segmentation on the basis of Users/Applications,
• Medical Applications
• Athletic Use
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