Shapewear Market Insights and worldwide Industry Research Report Forecast till 2023
The global shapewear market is divided into body briefs, seamless, control camisoles, long legs, corsets, body shapers, and others. Corsets is expected to dominate the global shapewear market during the forecast period as it is helpful in maintaining the stomach and lower back tucked in for better shape and posture. The store-based segment which is expected to dominate the shapewear market during the assessment period due to higher market visibility and penetration. The market players are expected to expand through mergers and collaborations to new locations globally giving rise to more store-based retail in the future.
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Segmentation
The global shapewear market has been segmented based on type, distribution channel, and region.
By type the market is segmented into body briefs, seamless, control camisoles, long legs, corsets, body shapers, and others.
The global shapewear market has been classified on the basis of distribution channel into store-based and non-store-based.
Key Players
Some of the key players in the global shapewear market are Spanx, Inc.(US), Leonisa (Colombia), Ann Chery (Colombia), Hanesbrands Inc. (US), Contourglobal PLC (UK), Miraclesuit (US), CPS Shapers Pvt. Ltd. (India), Swee Shapewear Pvt Ltd (India), Triumph International (UK), Jockey International, Inc. (US).
Regional Analysis
However, shaping lingerie such as corsets is not popular in India and other South-East Asian countries unlike North America and Europe. China holds the largest market share in the Asia Pacific shapewear market due to large population size and higher income households compared to other Asian countries. Also, China is expected to give more importance to the sports and athletics in the future where the use of such inner clothing is required.
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