The global sports compression garments market would record a
Newark, NJ, May 12, 2022 (GLOBE NEWSWIRE) — According to the report published by MarketsandResearch.biz, the global sports compression garments market is expected to grow from USD 4,227.13 million in 2021 to USD 7,305.04 million by 2030, at a CAGR of 6.46% during the forecast period 2022-2030.
The increase in venous diseases due to chronic wounds and the aging of the population are all contributing factors. The dynamic design of the compression garments helps improve the performance of the wearer during physical training. Compression equipment is becoming increasingly popular in developing countries as more and more people suffer from diabetes, arthritis and other illnesses. Sports compression garments and their benefits when doing sports and exercising are not well known in many underdeveloped countries. Counterfeit items are also a problem. The market is restricted for all these reasons. Compression socks, leggings, shorts, and t-shirts are among the many items available in the compression clothing category. Athletes’ expectations are rising due to competition, while average consumers and businesses focus on meeting individual needs to meet demand. It also facilitates wound restoration by circling the affected area. Compression garments have become increasingly popular in recent years for various sports applications and leisure activities, as they provide functional support to the user.
To strengthen their position in the global sports compression garments market, the major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations and partnerships.
- Adidas, a German sporting goods company, launched Formotion, a new shapewear-inspired line that uses graduated zonal compression to sculpt and maintain a woman’s unique shape, in February 2022. The line is aimed at active women of all shapes and sizes looking for comfortable clothing. performance apparel for everything from Pilates to high-intensity interval training in the gym.
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Market growth and trends
Compression garments are in high demand in sports due to benefits such as breathability, temperature regulation, antimicrobial protection, antistatic properties and UV protection. Moisture management is a feature of this garment, which improves the longevity of the fabric. Compression stockings help increase cardiac output and stroke volume, and improving venous return without producing physiological problems has been the primary goal of recreational sports product designers to this day. Many types of research demonstrate that there is a specific benefit to using compression garments during local and dynamic activities. Sportswear manufacturers focus on offering a diverse selection of products with excellent performance and modern styles. The current position of the sportswear brand in the market is due to rapid sales growth, a strong competitive position and a large number of new product launches. Companies in this market are focusing on opportunities that may arise due to increased fitness awareness. They also focus on rising income levels in emerging countries and growing demand for fashionable sportswear. Consumers are looking for enhanced fitness performance and style in the sportswear industry. As a result, shelves are being cleared to make way for the next generation of posture-tracking and heart-rate-monitoring wearables. Fabrics that manage odor and temperature, as well as other smart textiles, could be in demand. Compression wears, all these factors are driving the clothing market.
- In 2021, the compression tops segment dominated the market with the largest market share of 27.39%.
Type segment is divided into compression socks, under compression, compression arm sleeves, compression tops and others. In 2021, compression tops dominated the market with the largest market share of 27.39%. Compression tops are considered to aid in post-workout healing and athletic performance. Due to their fabric, they are said to improve the circulation of blood and oxygen and keep the body cool. Other clothing products on the market also face strong competition from compression bras and sports shirts.
- In 2021, the male segment accounted for the largest share of the market, with 56.67%.
The application segment includes women and men. In 2021, the male segment accounted for the largest share of the market, with 56.67%. Compression garments for men are also available for general activities, casual sports and professional sports. Compression garments for these athletes are relatively new. It improves athletic performance by preserving repeated jumping performance, which is beneficial in sports like the Australian Football League (AFL), where repeated jumping is essential to maintain ball control. It also helps reduce muscle movement and vibration, as well as focus muscle direction, which is essential for long-distance running or other activities that require a repetitive motion pattern over and over again to reduce muscle fatigue due to vibration and the metabolic cost of running.
Regional Segment Analysis of Sports Compression Wear Market
- North America (United States, Canada, Mexico)
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, rest of APAC)
- South America (Brazil and rest of South America)
- Middle East and Africa (UAE, South Africa, Rest of MEA)
Among all regions, the North America region held a major market share of 35.72% in 2021 and 1,509.93 million market revenue in 2021. An increase in the awareness of sports compression garments, in particularly in developed countries in North America, as well as the growth of the geriatric population spending enough disposable income to avoid specific injuries, as well as an increase in obesity rates among the younger generation are some of the factors propelling the growth of the market. Additionally, a strong distribution network in the North American region drives development through fast shipments and increased sales.
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Leading players operating in the global sports compression garments market are:
- under protection
This study forecasts revenue at global, regional and country levels from 2019 to 2030. Markets and Research has segmented the global sports compression garments market based on the segments mentioned below:
Global Sports Compression Wear Market Segment By Type:
- Compression socks
- Compression under
- Compression arm sleeves
- Compression Tops
Global Sports Compression Wear Market by Applications:
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About the report:
The global sports compression garments market is analyzed on the basis of value (USD million). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each part. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to gain a critical overview of the market. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, distribution and marketing channel analysis.
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