The sports compression garments market valuation is expected to grow at a CAGR of 5% and reach $7.2 billion by the end of 2032
North America expected to account for over 60% of sports compression garment demand
UNITED STATES, May 11, 2022 /EINPresswire.com/ — Market research by Fact.MR provides exclusive insights into market developments. The study identifies crucial trends driving the growth of the Sports Compression Wear market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of Sports Compression Wear Market
The report offers actionable and valuable insights into the Sports Compression Garments market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes sales and demand information for the Sports Compression Wear market across various industries and regions.
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What are the main driving factors of sports compression garments?
The integration of exercise into the daily fitness regimes of lifestyle users and the increase in the replacement of sportswear with compression garments are likely to drive the growth of the compression garments market and shapewear products in regions like North America and Europe. The compression garments and shaping garments market analysis shows that the advent of fitness institutions and growing consumer engagement with healthy lifestyles will increase the market size throughout the forecast period.
Recent developments in fabrics incorporated into compression and shaping garments have increased the growth of this market. Technologies such as bonding and laser cutting have transformed shapewear by doing away with seams, hemming and bulky ties. Lycra, neoprene, spandex and nylon are the fabrics generally used by designers. Improved fabrics are softer, more breathable and have toning properties.
Main Suppliers of Sports Compression Garments
Vim & Vigr
CW and X
Brooks Sports Inc.
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Key insights from market research
Global demand for sports compression garments will be valued at $4.5 billion by the end of 2022
Sales of sports compression garments will represent 60% of the total market value in North America
Asia-Pacific to See 7% CAGR in Compression Garment Sales through 2032
Sales through online retail channels will remain prevalent, racking up 40% revenue
Compression shirts are expected to accumulate 1/4 of the global market value in 2022
“Rising awareness of personal health and fitness has led to increased consumer participation in sports activities, thereby driving demand for sports compression garments in various forms,” comments an analyst at Fact.MR.
Prominent players are adopting innovative approaches such as revolutionary marketing tactics, technological advancements, mergers and acquisitions.
In February 2021, NIKE, Inc. acquired Datalogue, a leading New York-based data integration platform startup. Datalogue is Nike’s latest acquisition to enable its consumer-driven digital transformation.
In February 2022, Adidas, a German sporting goods giant, created a new collection, Formotion, inspired by shapewear that features graduated zonal compression to sculpt and support a woman’s distinct shape. The collection is aimed at active women of all shapes and sizes looking for comfortable performance wear for everything from Pilates to HIIT gym workouts.
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Key segments covered by the Sports Compression Wear Industry Survey
By product type
Sports Compression Shirts
Sports compression pants and shorts
Sports Compression Sleeves
Sports Compression Socks
Sports Compression Tops
Other Types of Sports Compression Garments
Sports Compression Clothing for Cycling
Compression garments for road running
Compression sportswear for trail running
Sports compression clothing for triathlon
Sports Compression Garments for Other Activities
By sales channel
Sales of sports compression garments through sports stores
Sales of sports compression garments through franchised sports stores
Sales of sports compression garments via online retail
Sales of compression garments through other sales channels
Read more trend reports from Fact.MR-
Key Question Answered in the Sports Compression Garments Market Report Survey:
Compression Sportswear Sales and Demand
Growth of the sports compression garments market
Analysis of the sports compression garments market
Overview of the Sports Compression Garments Market
Key factors impacting the Sports Compression Clothing market
What are the Key Drivers impacted by the Sports Compression Wear Market
Constraints shaping the growth of the market
Compression Sportswear Market Research
More valuable insights into the Sports Compression Garments Market
Fact.MR, in its new report, offers an unbiased analysis of the Sports Compression Wear market, sales and demand for Sports Compression Wear, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.
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