Shapewear and Compression Wear Market Set to Balloon to Over $10 Billion by 2032, Driven by Asia-Pacific Growth and Online Sales
• The compression wear and shapewear market is projected to grow from $5.63 billion in 2022 to $10.27 billion by 2032 at a CAGR of 6.2%.
• The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period due to rising urbanization and interest in sports and fitness.
• The shapewear segment is forecasted to grow at the highest rate due to the influence of social media influencers and celebrities promoting body positivity.
• The male segment is poised to expand rapidly owing to the growing emphasis on athletics, fitness and evolving grooming standards among men.
• Online sales channels are gaining significant traction due to the convenience and wider range of product options offered by e-commerce platforms.