Compression Wear and Shapewear Market Size, Share, Growth Analysis, By Product(Compression wear, Bottoms, Tops, Sleeves), By Gender(Female and male), By Application(Performance & Recovery, and Body Shaping & Lifestyle), By Region - Industry Forecast 2024-2031

Compression Wear and Shapewear Market size was valued at USD 5.06 billion in 2021 and is poised to grow from USD 5.32 billion in 2022 to USD 7.92 billion by 2030, growing at a CAGR of 5.1% in the forecast period (2023-2030).

The Global compression wear and shapewear market has experienced substantial growth in recent years, driven by increasing health and fitness consciousness, rising demand for body shaping and contouring solutions, and the popularity of athleisure apparel. Compression wear refers to garments designed to apply pressure to specific body areas, aiming to improve blood circulation, reduce muscle fatigue, and enhance performance during physical activities. Shapewear, on the other hand, focuses on body shaping and slimming, providing a seamless and sculpted appearance under clothing.

The global compression wear and shapewear market caters to a wide range of consumer segments, including athletes, fitness enthusiasts, post-surgery patients, pregnant women, and individuals seeking instant body sculpting effects. The adoption of these garments has been driven by the growing trend of living an active and healthy lifestyle.

The athleisure fashion trend, which combines comfort and style, has significantly contributed to the popularity of compression wear as everyday wear. Consumers are increasingly looking for apparel that offers both functional benefits and aesthetic appeal, contributing to the market's expansion.

Moreover, advancements in fabric technology, such as moisture-wicking, anti-bacterial, and seamless designs, have further boosted the demand for compression wear and shapewear. Manufacturers are continually innovating to create products that provide maximum support, comfort, and breathability.

US Compression Wear and Shapewear Market is poised to grow at a sustainable CAGR for the next forecast year.