The compression wear segment dominated the overall market in 2015, accounting for over 70% of the market revenue, due to the widespread usage of various types of compression wear by professional athletes, and lifestyle users practicing recreational exercises. Growth of this segment is also due to the vast health benefits offered by these garments, such as improved performance, body temperature maintenance, reduced muscle fatigue, and injury prevention. A significant rise in number of lifestyle users in developing regions and rising trend of using compression wear as an athleisure wear, would contribute to the demand of compression wear in upcoming years.

Asia-Pacific would witness the highest growth, owing to rise in government investments for promotion of sports and changing lifestyle of consumers.

Summary of Compression Wear and Shapewear Market Report can be accessed on the website at: https://www.alliedmarketresearch.com/compression-wear-shapewear-market

“China is expected to become one of the major growth contributors of Asia-Pacific market in the coming years. The ongoing investments by the Chinese government, for the development of sports infrastructure to encourage youth athletic participation would provide huge impetus to China’s compression wear market. This is also attracting several foreign athletic wear companies into the Chinese market, thereby, further intensifying the market competition, and at the same time, driving the market growth. An expanding base of middle class population in China also creates huge probabilities for an increased spending on lifestyle and luxury goods.”, states Bhawna Kohli, Manager Research at AMR.

Key Benefits of the Report:
o The study provides an in-depth analysis of the global compression wear and shapewear market with current trends and future estimations to elucidate the imminent investment pockets.
o The report offers a quantitative analysis from 2014 to 2022, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
o It presents actual historical figures for 2014 and 2015 and provides Y-o-Y forecasts from 2016 to 2022, considering 2015 as base.
o Value chain analysis provides a clear understanding of the roles of different stakeholders involved.

Key market players profiled in the report are Nike Inc., Spanx Inc., Adidas AG, Triumph International Corporation, Leonisa SA, Wacoal America Inc., Ann Chery, 2XU Pty Ltd., Under Armour Inc., and Skins International Trading AG. They have adopted Product launches and partnerships as their main growth strategies to capture a larger market share and increase their customer base.

Read similar market research reports on Sports, Fitness and Leisure at:
https://www.alliedmarketresearch.com/consumer-goods/sports-and-leisure-market-report