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The Shapewear Products Market grew from USD 5.75 billion in 2023 to USD 6.18 billion in 2024. It is expected to continue growing at a CAGR of 7.95%, reaching USD 9.83 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Shapewear products are specialized garments designed to shape and support the body, enhancing the wearer's silhouette under everyday or formal attire. The scope of these products is extensive; they include bodysuits, waist shapers, control panties, camisoles, and shaping tights. The necessity for shapewear largely stems from its ability to provide aesthetic enhancement and comfort, appealing to a broad demographic seeking improved body confidence. Applications span daily wear, special occasions, athletic use, and postpartum recovery, catering to a diverse customer base. End-use scope primarily involves women, though increasing male interest is diversifying the market.
The market for shapewear is influenced by several growth factors, most notably changing fashion trends, increasing consumer awareness regarding fitness and body image, and a growing market for plus-sized clothing. Additionally, advancements in fabric technology, such as seamless designs and breathable materials, are attracting more consumers looking for comfort. These factors align with potential opportunities, such as expanding product lines to cater to different body types and gender inclusivity. Companies can capitalize on rising trends by investing in marketing strategies that highlight inclusivity and sustainability, thus reaching environmentally conscious consumers. Furthermore, collaborations with fashion brands can elevate a brand’s status and introduce shapewear to new environmental segments.
Nevertheless, the market faces limitations due to high competition, the stigma surrounding body modification, and the premium pricing of high-quality shapewear. Challenges such as discomfort from traditional shapewear designs still persist for some users, indicating the need for further innovation. Continued research into lightweight, breathable, and multifunctional fabrics represents a growth area, as does the potential for integrating smart technology to provide body metric feedback and personalized experiences. The market’s nature is dynamic and competitive, demanding constant innovation and agility to adapt to shifting consumer preferences and technological advancements. Businesses focusing on sustainable materials, size-inclusivity, and diverse marketing strategies are likely to thrive.
Understanding Market Dynamics in the Shapewear Products Market
The Shapewear Products Market is rapidly evolving, shaped by dynamic supply and demand trends. These insights provide companies with actionable intelligence to drive investments, develop strategies, and seize emerging opportunities. A comprehensive understanding of market dynamics also helps organizations mitigate political, geographical, technical, social, and economic risks while offering a clearer view of consumer behavior and its effects on manufacturing costs and purchasing decisions.- Market Drivers
- Rising Attention to a Slim Physical Appearance Among the People Across the Globe
- Increasing Awareness Related to Fitness, Advancement in Fabric Technology, and More Comfortable Garments
- Growing Participation in Sports and Physical Activity Coupled With High Disposable Income
- Market Restraints
- Concern associated with probable side effects of wearing shapewear products
- Market Opportunities
- Demand for Shapewear Products Generated from the Geriatric Population
- Rising Adoption of the Internet and Increase in the Global Penetration of e-Commerce
- Market Challenges
- Interbrand Competition among Shapewear Products Market Players
Exploring Porter’s Five Forces for the Shapewear Products Market
Porter’s Five Forces framework further strengthens the insights of the Shapewear Products Market, delivering a clear and effective methodology for understanding the competitive landscape. This tool enables companies to evaluate their current competitive standing and explore strategic repositioning by assessing businesses’ power dynamics and market positioning. It is also instrumental in determining the profitability of new ventures, helping companies leverage their strengths, address weaknesses, and avoid potential pitfalls.Applying PESTLE Analysis to the Shapewear Products Market
External macro-environmental factors deeply influence the performance of the Shapewear Products Market, and the PESTLE analysis provides a comprehensive framework for understanding these influences. By examining Political, Economic, Social, Technological, Legal, and Environmental elements, this analysis offers organizations critical insights into potential opportunities and risks. It also helps businesses anticipate changes in regulations, consumer behavior, and economic trends, enabling them to make informed, forward-looking decisions.Analyzing Market Share in the Shapewear Products Market
The Shapewear Products Market share analysis evaluates vendor performance. This analysis provides a clear view of each vendor’s standing in the competitive landscape by comparing key metrics such as revenue, customer base, and other critical factors. Additionally, it highlights market concentration, fragmentation, and trends in consolidation, empowering vendors to make strategic decisions that enhance their market position.Evaluating Vendor Success with the FPNV Positioning Matrix in the Shapewear Products Market
The Shapewear Products Market FPNV Positioning Matrix is crucial in evaluating vendors based on business strategy and product satisfaction levels. By segmenting vendors into four quadrants - Forefront (F), Pathfinder (P), Niche (N), and Vital (V) - this matrix helps users make well-informed decisions that best align with their unique needs and objectives in the market.Key Company Profiles
The report delves into recent significant developments in the Shapewear Products Market, highlighting leading vendors and their innovative profiles. These include Ann Chery, Shapeez, Inc., Yummie, Motherhood Maternity, Jockey International, Inc., Actoserba Active Wholesale Private Limited, Triumph International Corporation, Hanesbrands Inc., Squeem LLC, Karl Mayer, Van de Velde N.V., Wacoal America, Inc., FarmaCell shapewear, The London Corset Company, 2XU Pty. Ltd., Corset Story UK, Leonisa S.A., Adidas AG, Spanx, Inc., Under Armour, Inc., Amoena Medizin-Orthopädie-Technik GmbH, Classic Shapewear, Marks and Spencer PLC, Miraclesuit, and Orion Manufacturing Inc..Market Segmentation & Coverage
This research report categorizes the Shapewear Products Market to forecast the revenues and analyze trends in each of the following sub-markets:- Gender
- Female
- Male
- Application
- Body Shaping
- Menstrual/Period Wear
- Performance and Recovery
- Distribution Channel
- Modern Trade
- Online Channels
- Specialty Retail Store
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Shapewear Products Market, by Gender
7. Shapewear Products Market, by Application
8. Shapewear Products Market, by Distribution Channel
9. Americas Shapewear Products Market
10. Asia-Pacific Shapewear Products Market
11. Europe, Middle East & Africa Shapewear Products Market
12. Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
The leading players in the Shapewear Products market, which are profiled in this report, include:- Ann Chery
- Shapeez, Inc.
- Yummie
- Motherhood Maternity
- Jockey International, Inc.
- Actoserba Active Wholesale Private Limited
- Triumph International Corporation
- Hanesbrands Inc.
- Squeem LLC
- Karl Mayer
- Van de Velde N.V.
- Wacoal America, Inc.
- FarmaCell shapewear
- The London Corset Company
- 2XU Pty. Ltd.
- Corset Story UK
- Leonisa S.A.
- Adidas AG
- Spanx, Inc.
- Under Armour, Inc.
- Amoena Medizin-Orthopädie-Technik GmbH
- Classic Shapewear
- Marks and Spencer PLC
- Miraclesuit
- Orion Manufacturing Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | October 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 6.18 Billion |
| Forecasted Market Value ( USD | $ 9.83 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
