Body Shaper Market to Grow with a CAGR of 7.2% Globally through 2028
Rising health
and wellness awareness and changing lifestyle are driving the Global Body
Shaper Market in the forecast period 2024-2028.
According to
TechSci Research report, “Global Body Shaper Market - Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2028”, the Global Body
Shaper Market stood at USD 2.45 Billion in 2022 and is anticipated to grow with
a CAGR of 7.2% in the forecast period, 2024-2028. The Global Body Shaper Market
has witnessed substantial growth and transformation in recent years. This
market, which revolves around the manufacturing and sale of products designed
to enhance and shape the human body, has evolved significantly due to shifting
consumer preferences, technological advancements, and changing beauty
standards. Body shapers, such as shapewear, corsets, and waist trainers, have
become increasingly popular, driven by factors like the desire for a more
sculpted appearance and the influence of social media and celebrity culture.
Several notable
trends have emerged in the Global Body Shaper Market. Firstly, sustainability
and eco-consciousness have gained prominence, with consumers seeking products
that are not only effective but also environmentally friendly. Manufacturers
are responding by incorporating sustainable materials and production processes.
Secondly, technology integration is on the rise, with the introduction of smart
fabrics and wearable tech that monitor body shaping progress and provide
real-time feedback. These innovations enhance the user experience and offer
data-driven insights. Additionally, inclusivity and diversity are central
themes, as the market recognizes the importance of catering to a broader range
of body types and sizes, promoting body positivity and inclusiveness.
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"Global Body Shaper Market”
Despite its
growth, the Global Body Shaper Market faces several significant challenges. One
key challenge is the intensifying competition. Established brands are facing
increased competition from new entrants, making it challenging to maintain
market share and pricing power. Moreover, regulatory scrutiny is growing as
concerns arise about the potential health risks associated with prolonged use
of body shaping products. Manufacturers must navigate evolving regulations and
ensure product safety to address these concerns. Additionally, adapting to
changing consumer preferences and fashion trends requires constant innovation
and agility, which can be a complex process. Lastly, economic uncertainties and
global events can disrupt supply chains and consumer spending, impacting the
market's stability.
The Global Body
Shaper Market is segmented into various categories to cater to diverse consumer
needs and preferences. These segments include shapewear, waist trainers,
corsets, and others. Shapewear, which provides compression and support to
create a smoother silhouette, is one of the largest segments and continues to
experience strong demand. Waist trainers and corsets, which focus on waist
shaping, have also gained popularity, often driven by fitness and fashion
trends. Additionally, the market is segmented by gender, with products designed
specifically for men and women. This segmentation ensures that the market can
address a wide range of target demographics.
The future of
the Global Body Shaper Market appears promising, driven by ongoing innovations
and changing consumer preferences. Sustainability is expected to remain a
central focus, with manufacturers increasingly adopting eco-friendly practices
and materials. Technology integration will likely continue to advance, with
smart body shapers becoming more sophisticated and accessible. Inclusivity and
diversity will remain key considerations, as the market strives to embrace all
body types and promote self-confidence. Despite the challenges, the market is
poised for growth as it adapts to evolving trends and consumer demands, making
it an exciting and dynamic industry to watch in the coming years.
The Global Body
Shaper Market is segmented into product type, material, distribution channel,
regional distribution, and company.
Based on product
type the market is segmented into tops shapers, bottoms shapers, waist shapers,
and shaping bodysuits.
Based on type the
market is segmented into cotton, polyester, nylon, and others. The Global Body Shaper Market is experiencing a
notable surge in the demand for nylon products. Nylon, known for its
durability, elasticity, and comfort, has become a preferred material choice for
body shapers. Its excellent moisture-wicking properties and breathability make
it ideal for shaping garments, ensuring both functionality and comfort for
consumers. As the market continues to prioritize performance and wearability,
the rising popularity of nylon products underscores their pivotal role in
meeting these evolving consumer expectations.
Based on distribution
channel the market is segmented into offline and online.
Based on region
the market is segmented into five regions, 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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“Increasing
demand of active wear inspired shapewear is a significant trend that is
expected to have an impact on growth over the forecasted period. Rising demand
for eco-friendly material, changing lifestyle, and health and wellness trends will
positively impact the Global Body Shaper Market. Due to the wide range of
products available to meet specific needs of, as well as the growing popularity
of the online distribution channel, the market is growing at impressive rate
through projected period,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based management consulting firm.
“Body Shaper Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Tops
Shapers, Bottoms Shapers, Waist Shapers, and Shaping Bodysuits), By Material
(Cotton, Polyester, Nylon, and Others), By Distribution Channel (Offline,
Online), By Region, By Competition, 2018-2028”, has evaluated the
future growth potential of Global Body Shaper Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Body Shaper Market.
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