Global Shapewear Market to reach USD 3.26 billion by 2027.Global Shapewear Market is valued approximately at USD 1.9 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2021-2027. Shapewear assists in squeezing the extra fat and making the body look slimmer. Rising awareness about ideal body shapes, growing influence of social media and new product launches are fueling demand in the market. In January 2021, Knix-women launched its first shapewear collection for women- Love Your Shape-Wear, a line of 18 pieces in three cuts (a High-Rise Shaper Brief, a High-Rise Shaper Short, and a Shaper Bodysuit) in black and five different shades. Furthermore, growing preference for fitness activities and rising prevalence of obesity are expected to inject growth in the market in near future. According to Australian Institute of Health and Welfare, in 2017-18, 3 in 5 Australian women (60%) were overweight or obese. However, use of cheap fabric usage to reduce cost of production which results in side effects may hinder the growth during forecast period.

North America is the dominating region among Asia Pacific, North America, Europe, Latin America, and Rest of the World, owing to presence of large number of sophisticated consumers and widespread popularity for athletics and sports. Whereas, Asia Pacific is expected to grow at the fastest pace during forecast period, due to increasing number of market players launching new products in the region.
Major market player included in this report are:

Nike, Inc.
Adidas AG
Spanx Inc.
Triumph International Corporation
Leonisa
Wacoal America, Inc.
Ann Chery
2XU Pty. Ltd.
Under Armor Inc.
Skins International Trading AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By End-user:
Male
Female
By Distribution Channel:
Hypermarkets & Supermarkets
Specialty Stores
Online
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Shapewear Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors