Body Shaper Market Size, 2018 Trend and Opportunities, PESTEL Analysis, CAGR And Value Chain Study To 2028
Growing health awareness and lifestyle changes drive the Global Body Shaper Market for 2024-2028.
TechSci
Research's report, "Global Body
Shaper Market - Industry Size, Share, Trends, Competition Forecast &
Opportunities, 2028," notes the market at USD 2.45 Billion in 2022,
projecting a 7.2% CAGR for 2024-2028. Evolving due to consumer shifts,
technological advancements, and changing beauty standards, the market for body
shaping products like shapewear, corsets, and waist trainers has witnessed
significant growth.
Key
trends include a focus on sustainability, with consumers seeking
environmentally friendly products, prompting manufacturers to adopt sustainable
materials and processes. Technology integration rises with smart fabrics and
wearable tech providing real-time feedback. Inclusivity and diversity gain
importance, promoting body positivity.
The
Global Body Shaper Market anticipates continued growth, driven by these trends
and the desire for a sculpted appearance influenced by social media and
celebrity culture.
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The Global Body Shaper Market encounters significant challenges despite its
growth. Intensifying competition poses a major hurdle, with established brands
facing pressure from new entrants, impacting market share and pricing.
Regulatory scrutiny heightens due to health concerns linked to prolonged use,
necessitating compliance with evolving regulations. Adapting to shifting
consumer preferences and fashion trends demands constant innovation, while
economic uncertainties can disrupt supply chains and consumer spending.
Segmentation
of the Global Body Shaper Market caters to diverse consumer needs. Shapewear,
waist trainers, and corsets are prominent segments, with shapewear witnessing
robust demand for its compression and support functions. Gender-specific
products target men and women, ensuring market inclusivity.
The
market's future looks promising with ongoing innovations and sustainability
initiatives. Technology integration, especially in smart body shapers, is
expected to advance, promoting inclusivity and diversity. Despite challenges,
the market anticipates growth by aligning with evolving trends and consumer
preferences.
Segmentation includes product type, material, distribution channel, regional distribution, and company. Nylon products experience notable demand due to their durability, elasticity, and comfort, making them preferred materials for body shapers. Online and offline channels facilitate distribution across regions, including North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Major companies
operating in Global Body Shaper Market are:
- Spanx,
Inc.
- Jockey
International, Inc.
- Belly
Bandit
- Nike,
Inc.
- Under
Armour Inc.
- PUMA
SE
- Ann
Chery
- Hanesbrands
Inc.
- Marks
& Spencer plc
- Rago Shapewear
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"Increased
demand for active wear-inspired shapewear is a key trend impacting the
forecasted growth of the Global Body Shaper Market. Growing eco-friendly
material preferences, evolving lifestyles, and a focus on health and wellness
contribute to a positive market outlook. Mr. Karan Chechi, Research Director at
TechSci Research, notes impressive growth fueled by product diversity and the
popularity of online distribution channels.
The
report, 'Body Shaper Market – Global Industry Size, Share, Trends, Opportunity,
and Forecast, Segmented By Product Type (Tops Shapers, Bottoms Shapers, Waist
Shapers, Shaping Bodysuits), By Material (Cotton, Polyester, Nylon, Others), By
Distribution Channel (Offline, Online), By Region, By Competition, 2018-2028,' assesses the future growth potential,
providing statistics and information for sound investment decisions. It also
identifies emerging trends, drivers, challenges, and opportunities in the
Global Body Shaper Market."
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