The Asia Pacific Compression Wear and Shapewear Market would witness market growth of 7.1% CAGR during the forecast period (2018 - 2024). Compression wear and shapewear are skintight apparels, which stimulate blood circulation and stabilize muscles, as these apparels exert pressure to specific parts of the body.
Compression apparels help in improving body balance, and at the same time control the temperature of the body. Shapewear squeezes and squishes excessive fat from the body; therefore, the body appears relatively slimmer. China would be the leading country, contributing to the growth of the Asia-Pacific market during the forecast period.
Growing investments by the Chinese government, to enhance sports infrastructure in the country to encourage sports activities would drive the compression wear market. Based on Product Type, the Compression Wear and Shapewear market is segmented into Compression wear and Shapewear. Compression wear segment further segmented into Bottoms, Tops, Sleeves, and Socks, Stockings, & Others.
Based on application, the market is segmented into Performance & Recovery and Body Shaping & Lifestyle. Based on gender the market covers male and female. The distribution channel segment covers Multi-Retail Stores, Specialty Retail Stores, and Online Channels.
Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Nike Inc., Adidas AG, Triumph International Corporation, Spanx Inc., Leonisa SA, Wacoal America Inc., Under Armour Inc., Skins International Trading AG, Ann Chery, and 2XU Pty Ltd.
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