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Global Shapewear Market to reach USD 3.26 billion by 2027.

Global Shapewear Market Size study, by End-user (Male and Female), by Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online and Others), and Regional Forecasts 2021-2027

Product Code: OIRCGS-35728243
Publish Date: 23-10-2021
Page: 200

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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Shapewear Market, by region, 2019-2027 (USD Billion)
1.2.2. Shapewear Market, by End-user, 2019-2027 (USD Billion)
1.2.3. Shapewear Market, by Distribution Channel, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Shapewear Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Shapewear Market Dynamics
3.1. Shapewear Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. New product launches
3.1.1.2. Rising awareness about ideal body shapes
3.1.2. Market Restraint
3.1.2.1. Use of cheaper fabric usage to reduce cost of production which results in side effects
3.1.3. Market Opportunities
3.1.3.1. Growing preference for fitness activities
3.1.3.2. Rising prevalence of obesity
Chapter 4. Global Shapewear Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Shapewear Market, by End-user
5.1. Market Snapshot
5.2. Global Shapewear Market by End-user, Performance – Potential Analysis
5.3. Global Shapewear Market Estimates & Forecasts by End-user 2018-2027 (USD Billion)
5.4. Shapewear Market, Sub Segment Analysis
5.4.1. Male
5.4.2. Female
Chapter 6. Global Shapewear Market, by Distribution Channel
a. Market Snapshot
6.1. Global Shapewear Market by Distribution Channel, Performance – Potential Analysis
6.2. Global Shapewear Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion)
6.3. Shapewear Market, Sub Segment Analysis
6.3.1. Hypermarkets & Supermarkets
6.3.2. Specialty Stores
6.3.3. Online
6.3.4. Others
Chapter 7. Global Shapewear Market, Regional Analysis
7.1. Shapewear Market, Regional Market Snapshot
7.2. North America Shapewear Market
7.2.1. U.S. Shapewear Market
7.2.1.1. End-user breakdown estimates & forecasts, 2018-2027
7.2.1.2. Distribution Channel breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Shapewear Market
7.3. Europe Shapewear Market Snapshot
7.3.1. U.K. Shapewear Market
7.3.2. Germany Shapewear Market
7.3.3. France Shapewear Market
7.3.4. Spain Shapewear Market
7.3.5. Italy Shapewear Market
7.3.6. Rest of Europe Shapewear Market
7.4. Asia-Pacific Shapewear Market Snapshot
7.4.1. China Shapewear Market
7.4.2. India Shapewear Market
7.4.3. Japan Shapewear Market
7.4.4. Australia Shapewear Market
7.4.5. South Korea Shapewear Market
7.4.6. Rest of Asia Pacific Shapewear Market
7.5. Latin America Shapewear Market Snapshot
7.5.1. Brazil Shapewear Market
7.5.2. Mexico Shapewear Market
7.6. Rest of The World Shapewear Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Nike Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Adidas AG
8.2.3. Spanx Inc.
8.2.4. Triumph International Corporation
8.2.5. Leonisa
8.2.6. Wacoal America, Inc.
8.2.7. Ann Chery
8.2.8. 2XU Pty. Ltd.
8.2.9. Under Armour Inc.
8.2.10. Skins International Trading AG

Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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Data Collection:
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To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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