Compression Garments Market
Global Compression Garments Market Size, Share & Trends Analysis Report by Product Type (Shapewear, Compression Tapes, Facial Garments, Full Body Garments, Lower and Upper Extremities Garments), by Application (Healthcare, Sports, and Slimwear), and by Distribution Channel (Pharmacy and Offline Retail, and Online) Forecast Period (2020-2026)
The global 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.
Segmental Outlook
The global compression garments market is segmented based on product type, application, and distribution channel. Based on product type, the compression garments market is segmented into shapewear, compression tapes, facial garments, full-body garments, and lower and upper extremities garments. Based on application, the compression garments market is segmented into healthcare, sports, and slimwear. Based on the distribution channel, the market is classified into pharmacies and offline retail, and online. The major distribution channels for compression garments are pharmacies, clinics, hospitals, and online marketplaces such as Amazon and vendor websites. Vendors such as Lipoelastic and Leonisa offer compression garments with product finishes to resemble daily wear apparel. This practice is expected to increase demand and wearing compliance among consumers.
Adoption in Wound Healing & Therapeutic Care
Major surgical procedures with large incisions require advanced wound care products including biologics, therapy devices, advanced wound dressings, and compression therapy for better-regulated blood flow to wounded areas for a speedy recovery. Therefore, the rising number of surgical procedures globally drive the demand for both elastic and pneumatic compression garments and is highly likely to continue over the forecast period.
Regional Outlook
The global compression garments market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific is leading the market in 2019 in terms of growth rate. The US and Western European countries have a higher cost for general and plastic surgeries, including male breast reduction surgeries, and these countries, witness a high rate of patients opting for medical tourism and undergoing surgery in India, Turkey, Thailand, Poland, and Malaysia. This factor is driving the growth of compression garments in all such countries as patients need to buy them after surgery, which is usually in the country of the procedure, and then undertake repeat purchases in their home countries.
Global Compression Garments Market Growth, by Region 2020-2026
Market Players Outlook
The global compression garments market is witnessing consolidation, wherein several vendors are focusing on the acquisition of domestic brands to strengthen their product portfolio. With the help of acquisitions, vendors are also trying to reduce market competition. The emergence of independent brands with different product portfolios rather than traditional ones has garnered the attention of the global players, thereby triggering acquisitions. Local vendors in some regions are catering to the demands of consumers by launching products based on the brand name and demography of the region; for instance, Essity acquired BSN Medical, which had JOBST compression garments in its portfolio. This acquisition enabled Essity to become a significant player in the global compression garments market.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global compression garments market. Based on the availability of data, information related to the products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. 3M Co.
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Bauerfeind AG
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. L&R Group
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Leonisa
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. LIPOELASTIC
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1 Motivators
4.2 Restraints
4.1. Opportunities
5. Market Segmentation
5.1. Global Compression Garments Market by Product Type
5.1.1. Shapewear
5.1.2. Compression Tapes
5.1.3. Facial Garments
5.1.4. Full-Body Garments
5.1.5. Lower and Upper Extremities Garments
5.2. Global Compression Garments Market by Application
5.2.1. Healthcare
5.2.2. Sports
5.2.3. Slimwear
5.3. Global Compression Garments Market by Distribution Channel
5.3.1. Pharmacy and Offline Retail
5.3.2. Online
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. 2XU Pty., Ltd.
7.2. 3M Co.
7.3. Adidas AG
7.4. Ascent Meditech, Ltd.
7.5. ASICS Corp.
7.6. Bauerfeind AG
7.7. Bioflect Medical Group
7.8. Contemporary Design, Inc.
7.9. BSN Medical GmbH (Essity Company)
7.10. Juzo Zorn, Inc.
7.11. L&R Group
7.12. Leonisa
7.13. LIPOELASTIC A.S.
7.14. LympheDIVAs, LLC
7.15. Lymphedema Products, LLC
7.16. MACOM Enterprises, Ltd.
7.17. Medi GmbH & Co. KG
7.18. Medico International, Inc.
7.19. New Balance Athletics, Inc.
7.20. NIKE, Inc.
7.21. SIGVARIS Group
7.22. The Marena Group, LLC
7.23. Tricolast N.V.
7.24. Under Armour, Inc.
7.25. Wear Ease, Inc.
1. GLOBAL COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. GLOBAL SHAPEWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL COMPRESSION TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL FACIAL GARMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
5. GLOBAL LOWER AND UPPER EXTREMITIES GARMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL FULL-BODY GARMENTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
8. GLOBAL COMPRESSION GARMENTS FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL COMPRESSION GARMENTS FOR SPORTS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. GLOBAL COMPRESSION GARMENTS FOR SLIMWEAR MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
12. GLOBAL PHARMACY AND OFFLINE RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. GLOBAL ONLINE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. NORTH AMERICAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
15. NORTH AMERICAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
16. NORTH AMERICAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
17. NORTH AMERICAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
18. EUROPEAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
19. EUROPEAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
20. EUROPEAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
21. EUROPEAN COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
22. ASIA-PACIFIC COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
25. ASIA-PACIFIC COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
26. REST OF THE WORLD COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
27. REST OF THE WORLD COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
28. REST OF THE WORLD COMPRESSION GARMENTS MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
1. GLOBAL COMPRESSION GARMENTS MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. GLOBAL COMPRESSION GARMENTS MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. GLOBAL COMPRESSION GARMENTS MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
4. GLOBAL COMPRESSION GARMENTS MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. THE US COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
7. UK COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
13. CHINA COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
14. INDIA COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD COMPRESSION GARMENTS MARKET SIZE, 2019-2026 ($ MILLION)
