What is Compression Apparels Market?
Compression apparels have become somewhat of an umbrella term for items that exist somewhere on a spectrum of super tight and super revealing, often hilariously colored garments. True compression wear does have a purpose and, if the science is to be believed, true benefits. Designed to increase blood and lymphatic flow to the specified limb, compression wear is said to improve performance and shorten recovery time in both athletes and workout warriors when used post-exercise. This has led to significant growth in the market over the forecast period.
The market study is being classified by Type (Bottoms, Tops, Sleeves, Socks, Stockings and Others), by Application (Daily Dressing, Medical Treatment, Sports, Performance & Recovery, Body Shaping & Lifestyle and Others) and major geographies with country level break-up.
Nike (United States), Adidas AG (Germany), Spanx Inc. (United States), Puma SE (Germany), Wacoal America Inc (United States), Asics Corporation (Japan), Under Armour Inc. (United States), Ann Chery (United States), The North Face, Inc. (United States) and YONEX Co. Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are MIZUNO Corporation (Japan), Skechers USA, Inc. (United States), Skins International Trading AG (Switzerland) and Amer Sports Corporation (Finland).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Compression Apparels market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Compression Apparels market by Type, Application and Region.
On the basis of geography, the market of Compression Apparels has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Popularity of National and International Sports
- Developing Sporting Infrastructure Coupled With the Government Initiatives to Promote Sporting Activities
- High Adoption Due to Online Shopping
- Fluctuating Raw Material Prizes
- Technological Advancement and Development in Fabrics and Garment Design
- Growing Sports Activities in Developed as well as Developing Regions
- The Dominance of Local Players Product
On 21st January 2020, AIC-NIFT TEA Incubation Centre for Textiles and Apparels is ready to support entrepreneurs making compression garments and socks using sustainable material.
Key Target AudienceCompression Apparels Manufacturers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
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