PUBLISHER: SkyQuest | PRODUCT CODE: 1666108
PUBLISHER: SkyQuest | PRODUCT CODE: 1666108
Global Shapewear Market size was valued at USD 2.6 billion in 2023 and is poised to grow from USD 2.79 billion in 2024 to USD 4.9 billion by 2032, growing at a CAGR of 7.3% during the forecast period (2025-2032).
The global shapewear industry is experiencing robust growth driven by its increasing acceptance across diverse demographics, especially among women. This surge is attributed to rising product launches and evolving perceptions of desirable body shapes, particularly in the millennial segment influenced by changing fashion trends and social media. Notably, brands like Becca McCharen-Tran's Chromat are embracing inclusivity by featuring shapewear like corsets and camis on runways. Additionally, advanced fabric technologies, such as high-performance materials that enhance elasticity and breathability, are elevating shapewear's appeal. Consumers are now favoring comfort-driven options suitable for various activities. Innovations like smart fabrics that adjust to body temperature and bonding techniques that eliminate seams are further enhancing the market's attraction, boosting demand for products like compression tights and tummy tuckers.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Shapewear market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Shapewear Market Segments Analysis
Global Shapewear Market is segmented by Type, Material, Body, Distribution Channel, End-Use and region. Based on Type, the market is segmented into Bodysuits, Control Briefs, Waist Trainers and Shaping Tops. Based on Material, the market is segmented into Nylon, Spandex and Cotton. Based on Body, the market is segmented into Plus Size, Regular Size and Maternity Shapewear. Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Specialty Stores, Online and Others. Based on End-Use, the market is segmented into Female and Male. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Shapewear Market
The global shapewear market has experienced remarkable growth, driven by shifting lifestyles and a heightened emphasis on health and fitness. As consumers increasingly turn to e-commerce platforms and social media marketing, awareness of shapewear's advantages is on the rise, significantly boosting its demand. This category of clothing, designed to contour and slim various body areas, has become a preferred choice for busy individuals, especially in semi-urban regions. The fusion of convenience, style, and functionality offered by shapewear aligns perfectly with modern living, making it an essential element in many wardrobes worldwide and contributing to the market's ongoing expansion.
Restraints in the Global Shapewear Market
The Global Shapewear market may experience restraints due to several factors, primarily arising from the excessive or improper use of compression garments. Such misuse can result in health complications like restricted blood flow or skin irritation, which could discourage potential buyers. Additionally, the market is challenged by price volatility in raw materials, especially nylon. Fluctuations in supply and demand, oil price alterations, and geopolitical tensions can significantly influence nylon costs, creating uncertainties for manufacturers and retailers alike. This instability may ultimately undermine consumer confidence and diminish brand loyalty, hindering the overall growth of the shapewear market.
Market Trends of the Global Shapewear Market
The Global Shapewear market is witnessing a robust growth trend, projected to expand at a significant CAGR due to the escalating fitness consciousness among consumers. As individuals become increasingly aware of health and wellness, shapewear is gaining traction, particularly in emerging economies where fitness trends are on the rise. This versatile apparel not only enhances body contours but also addresses various age-related concerns, including posture issues and figure enhancement. Furthermore, shapewear offers practical solutions for conditions like bladder prolapse, providing both support and comfort. As a result, the market is poised for sustained growth, driven by innovation and evolving consumer preferences.