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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Shapewear Market at:
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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.
The key players in the shapewear market include Spanx Inc, Leonisa S.A,
Ann Cherry, Jockey International Inc, Wacoal Holdings Corp, Hanesbrands Inc,
Triumph International Inc, Van de Velde N.V., Under Armour Inc, Spiegel LLC,
Nike Inc., Adidas AG and SKINS International.
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