Shapewear Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Shapewear is defined as an undergarment constructed of a material that is elastic and has a high degree of flexibility and rigidity. Shapewear fabric is created in such a way that it encourages body nipping and tucking and aids in achieving a seamless form in which additional fat does not pop out or appear odd. The major purpose of shapewear is to not only cover the body but also to ensure that the clothing worn is properly fitted. The shapewear market is also recognized to improve body form. These aid in creating the illusion of a fit figure.

MARKET DYNAMICS

The inclusion of odor eliminating & UPF 50+ sun protection properties are driving the growth of the shapewear market. Furthermore, recent advancements in fabrics incorporated into compression & shapewear and expansion in untapped economies are anticipated to create market opportunities for the shapewear market during the forecast period. However, multiple substitutes such as yoga pants, leggings, and others may restrain the growth of the shapewear market.

MARKET SCOPE

The "Shapewear Market" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the shapewear market with detailed market segmentation by type, category, and distribution channel. The shapewear market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading shapewear market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The shapewear market is segmented by type into tummy tucker, open-bust shaper, high waist brief, and others. By category, the shapewear market is classified into male, female, unisex. By distribution channel, the shapewear market is classified into supermarkets and hypermarkets, specialty stores, online retail, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global shapewear market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The shapewear market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the shapewear market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the shapewear market in these regions.

MARKET PLAYERS

The report covers vital developments in the shapewear market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the shapewear market are anticipated to witness lucrative growth opportunities in the future with the rising demand for slimming pants in the global market. Below mentioned is the list of few companies engaged in the shapewear market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the shapewear market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Triumph International Corporation
- Leonisa SA
- Ann Chery
- Under Armour Inc
- Vedette Shapewear
- Spanx
- SKIMS
- JOCKEY INTERNATIONAL, INC
- Wacoal America Inc.
- Omtex Health Pvt. Ltd.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Shapewear Report Scope