Shapewear Market to Set Phenomenal Growth by 2024

Shapewears are a type of undergarments made up from the materials that are elastic and can also remain firm. Fabrics used to make these shapewears are designed to tuck and nip the required body part for a seamless figure. Specifically, shapewear markethelp to reshape the body as desired, lift the sagginess, flatten out bulges, and straighten the posture. Development in fabric manufacturing technology and the use of premium fabrics is making shapewears more comfortable, which is further helping to increase the market appeal. Moreover, increasing disposable income and buying convenience has led to the market become more approachable to the buyers. Lingerie shapewears are specifically designed to bring technology into the intimate apparels. The camouflaging attributes of the shaping lingerie is also contributing immensely to the popularity of shapewears.
The global shapewear has been segmented by type, distribution channel, and region. By type the market is segmented into body briefs, seamless, control camisoles, long legs, corsets, body shapers, and others. The global shapewear market has been classified on the basis of distribution channel into store-based and non-store-based.
Some of the key players in the global shapewear market are Spanx, Inc.(US), Leonisa (Colombia), Ann Chery (Colombia), Hanesbrands Inc. (US), Contourglobal PLC (UK), Miraclesuit (US), CPS Shapers Pvt. Ltd. (India), Swee Shapewear Pvt Ltd (India), Triumph International (UK), Jockey International, Inc. (US).
The global shapewear market in North America is expected to remain dominant throughout the forecast period. Presence of major market players and higher awareness of products and their benefits is propelling the market in the region. Asia Pacific is expected to grow at the fastest rate during the forecast period. Also. increasing market of smartphones and easy availability of information online leading to higher awareness of shapewear products. China is expected to dominate the Asia Pacific market due to large population size with medium to high disposable income.

The global market of shapewear is getting popular among women day by day with increasing number of females accepting shapewear as comfort lingerie. The rising demand is attributed to celebrity branding, advanced garment designs, fashion emphasized over body shape, and lightweight fabrics.
The North American market for shapewears is expected to grow substantially during the assessment period. The high number of women into athleisure activities and professional sports has gained momentum in the past decade and has made the region a dominant market share holder in the shapewear market. The presence of major market players and high-end fabric manufacturers for shaping lingerie is expected to keep the market dominant throughout the forecast period.
Asia Pacific is expected to be the fastest growing market for shapewear due to growing awareness for body aesthetics and desire to look attractive among the large population size in the region. Also, increasing purchasing ability in lieu of increasing disposable income and higher millennial population is expected to propel the market with the highest growth rate.
Europe is expected to witness moderate growth in the global shapewear market during the forecast period. Technological innovation in fabric production industry and sociocultural factors such as increasing indulgence in sports and gym activities will continue to drive the growth of shapewear’s in Europe. As the economy in the region improves, countries of Western Europe especially UK and Germany that are battling obesity, present vivid opportunities for the shapewear market in the Region.

Comments

Post a Comment

Popular posts from this blog

Triathlon Clothing Market Status, Applications, Region and Forecast To 2024

The tri top segment dominated the Global Triathlon Clothing Market , by type, and is projected to reach USD 303.58 Million by 2026 owing to the cost-effectiveness of the product. Moreover, growing awareness regarding the importance of triathlon clothing will create more demand, which is expected to drive the global triathlon clothing market. Europe dominated the market, accounting for the largest share of the market in 2018 , and the regional market is expected to register a CAGR of 7.13% during the review period. The North American market was the second largest in 2018. The market is projected to reach USD 526.43 Million by the end of 2026 , with Canada being the leading market. Get a FREE Sample Copy @ https://www.marketresearchfuture.com/sample_request/7995 Industry Segments The global triathlon clothing market has been segmented based on type, application, and region. Based on type, the market has been divided into tri top, tri short, and tri suit. Based on application, the marke...
Read more

Mosquito Repellents Market and Industry Analysis Report 2024

Mosquito repellents do not kill mosquitos but weaken them and deter them from biting people. These repellents come in the form of sprays, coils, machine vaporizers, skin-friendly creams & oils, and body patches. They generally have a limited effect time ranging from 5-10 hours. These repellents are generally made from chemicals such as N, N-Diethyl-meta-toluamide), diethyl phthalate, diethyl carbate, picaridin and ethyl hexanediol. These repellents sometime contain chemicals which can be to humans in cases of prolonged usage. Hence, many manufacturers are focusing on natural ingredients repellents such as tea tree oil, citrus, neem, and many other repellents in their product formation. Based on the type, the global  mosquito repellents market  includes coil, spray, vaporizer, oil & cream, patches, and others. Vaporizer dominated the repellents type segment as they are convenient to use, less polluting, and considerably affective to kill or subdue mosquitos. Howev...
Read more

Organic Cocoa Market Competitive Landscape, Latest Innovations and Research

According to the latest report published by Market Research Future (MRFR), the global market size of organic cocoa is likely to grow to USD 585 Mn by the year 585 Mn. This also indicates towards a strong growth of the market over the next couple of years. Organic cocoa-based food variants have expanded dramatically over the recent years and the trend is likely to gain further momentum in the forthcoming years. Modern consumers, especially millennials display a highly positive sentiment towards organic ingredients, which is partly supporting the growth of the market. The demand for premium grade chocolate products is on the rise, which is having a positive influence on the global sales of organic chocolate. Consumption of beverages and functional food prepared with organic ingredient is picking up steams worldwide, which in turn is prompting food brands to increase their focus on organic variants. Market Research Future (MRFR) in its report offers a detailed segmental analysis of the Gl...
Read more