Posted 11/29/2023, 12:30:00 AM
Compression Garment Market Set to Grow Steadily to $6.5B by 2034, Driven by Sports, Health Uses
- Compression product market projected to reach $6.5 billion by 2034, with 5.8% CAGR from 2024-2034
- Demand rising due to temperature-regulating compression products for comfort during activities
- Compression therapy growing for treating venous disorders and musculoskeletal issues
- North America leads the market currently and expected to continue growing at 5.4% CAGR
- Strategic alliances like mergers and acquisitions helping companies expand their market influence