Compression Garments Market is growing at a CAGR of 5.3% during the forecast period. Compression garments include clothing such as leggings, vest, socks, and bodysuits that can be made from elastic/non-elastic laminates and elastomeric fibers. They are designed to apply pressure on targeted zones such as legs, abdomen, chest, arms, and feet. The key functions of compression garments are compressing, stabilizing, supporting the underlying tissues, and regulating blood flow. Compression garments were primarily used as sports and athletic wear, healthcare and therapeutic, and body-shaping (slimming).
The compression garments market landscape for compression garments is mostly driven by their applications in healthcare, sports, and slimming activities. The major compression garments used by female consumers are bodysuits, compression stockings, bras, girdles, implant stabilizer vests, face covers, kneecaps, and abdominal binders. The major compression garments used by men are joint support, abdominal binders, sleeves, compression socks, and vest/bodysuit, mainly for sports, injury prevention, post-op recovery, and general therapeutic applications. The use of male compression garments is low in slimwear and cosmetic surgery recovery applications. However, the male segment has higher adoption of compression garments in sports and fitness applications.
The COVID-19 pandemic has caused severe global economic disruptions and led to the postponement or cancellation of sports, religious, and cultural events. It has also instilled the fear of supply shortages, which has spurred panic buying. Halting international and domestic flights and travel brought medical tourism to a halt. Considering macro-economic factors, the global consumer market, especially the retail, is in the doldrums. The consumer market has taken a big hit; however, not all sectors are affected. Since the COVID-19 outbreak, the demand for luxurious and non-essential products declined to a great extent in Q1 2020. However, with the COVID-19 cases decreasing, the market is expected to gain gradual momentum in the next few months.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered- by Product Type, Application, and Distribution Channel
- Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- 3M Co., Bauerfeind AG, L&R Group, Leonisa, and LIPOELASTIC A.S.
Compression Garments Market Report Segment
By Product Type
- Shapewear
- Compression Tapes
- Facial Garments
- Full Body Garments
- Lower and Upper Extremities Garments
By Application
- Healthcare
- Sports
- Slimwear
By Distribution Channel
- Pharmacy and Offline Retail
- Online
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Compression Garments Market Report Segment
Company Profiles
- 2XU Pty., Ltd.
- 3M Co.
- Adidas AG
- Ascent Meditech, Ltd.
- ASICS Corp.
- Bauerfeind AG
- Bioflect Medical Group
- Contemporary Design, Inc.
- BSN Medical GmbH (Essity Company)
- Juzo Zorn, Inc.
- L&R Group
- Leonisa
- LIPOELASTIC A.S.
- LympheDIVAs, LLC
- Lymphedema Products, LLC
- MACOM Enterprises, Ltd.
- Medi GmbH & Co. KG
- Medico International, Inc.
- New Balance Athletics, Inc.
- NIKE, Inc.
- SIGVARIS Group
- The Marena Group, LLC
- Tricolast N.V.
- Under Armour, Inc.
- Wear Ease, Inc.
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