Corsets Market to Grow with a CAGR of 5.8% through 2029

The global corsets market is driven owing to the revival of vintage fashion trends, growing interest in historical costumes, and the demand for body contouring products.

According to TechSci Research report, “Corsets Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global corsets market was valued at USD 1.38 Billion in 2023 and is expected to reach USD 1.94 Billion by 2029 with a CAGR of 5.8% during the forecast period. 

The corsets market has experienced a resurgence in recent years, driven by a combination of fashion trends, cultural influences, and the growing demand for body-shaping garments. As a key element in both traditional and contemporary fashion, corsets have evolved from a purely functional garment into a fashion statement that blends aesthetics and body contouring. One of the major drivers of the market is the rising popularity of shapewear and body-contouring apparel, which is increasingly being embraced by consumers seeking figure-enhancing clothing options. Additionally, the growth of social media platforms and celebrity endorsements has propelled corsets into mainstream fashion, making them a coveted item among younger generations who are influenced by high-profile fashion trends. The demand is also fueled by a growing awareness of waist training and fitness routines, where corsets are often used as tools to achieve desired body shapes. However, the corsets market faces several challenges.

One significant challenge is the ongoing debate surrounding the health implications of prolonged corset use, which can cause discomfort and potential harm if worn incorrectly. This has led to concerns over the safety and sustainability of corsets as a viable long-term garment option. Another challenge is the shift in consumer preferences towards more comfortable and functional clothing, with a growing emphasis on inclusivity and body positivity. Many consumers are moving away from garments that prioritize aesthetics over comfort, posing a challenge to the traditional corset’s place in modern wardrobes. Moreover, the high production costs associated with the design and manufacture of corsets, especially when made from premium materials, can limit market growth, particularly in regions where consumers are price-sensitive. The corsets market is buoyed by fashion trends and consumer interest in body-shaping apparel, it faces hurdles related to health concerns, shifting consumer preferences, and production costs. Brands looking to capitalize on this market need to innovate in terms of product comfort, safety, and affordability to remain competitive and align with the changing dynamics of fashion and consumer behavior.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "Global Corsets Market.” 

The global corsets market is segmented into product, application, region, and company. 

The corsets market is segmented based on application into fashion, historical reenactments, medical support, shapewear, costume design. In the Corsets Market, Shapewear is generally considered the fastest-growing category by application. This is due to increasing demand for body-shaping garments that provide a smoother silhouette, driven by consumer preferences for aesthetics, wellness, and body positivity. Shapewear corsets are particularly popular among individuals looking for comfortable, daily wear undergarments that offer figure enhancement and posture support.  In contrast, other categories like Fashion and Costume Design see steady demand but at a slower growth rate compared to shapewear. Historical reenactments and medical support applications represent more niche markets within the broader corset industry.

In the Asia Pacific region the fastest-growing category in the Corsets Market. As fashion trends continue to evolve, corsets have become a popular item in modern-day wardrobes, not just as lingerie but as outerwear that blends traditional and contemporary fashion styles. The promotion of corsets by influencers and celebrities on platforms like Instagram, coupled with endorsement by fashion designers, has significantly boosted consumer interest. With the increasing demand for premium and stylish lingerie in the Asia Pacific, the corset has become a favored item for fashion enthusiasts. Women are increasingly seeking elegant and body-shaping garments. Traditional clothing styles in countries like Japan, China, and South Korea are blending with Western fashion influences, creating a hybrid style that incorporates corsets as a fashionable accessory. The rise of online retail platforms has made it easier for consumers to explore various corset designs, fostering rapid market growth in this segment. This category is growing fastest due to its appeal to both fashion-conscious consumers and those interested in body contouring and shapewear functionality. 

Major companies operating in global corsets market are:

• Hourglass Angel, LLC
• Orchard Corset
• Hunkemöller B.V. 
• Glamorous Corset, (GC)
•  Laced Up Corsets
• Corsettery, LLC
• MystiC City Corsets
• True Corset
• LOSTWEAR Limited
• Kinkyangel - Angel Clothing

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“The vintage fashion segment is experiencing strong growth within the global corsets market. The increased interest in historical and period clothing styles has significantly driven the demand for vintage-inspired corsets. These items are not only sought after for themed events but have also found a place in mainstream fashion, reflecting a broader cultural appreciation for vintage aesthetics. The vintage fashion segment benefits from a sense of nostalgia and the allure of timeless elegance, making it a crucial driver of the corset market. As this trend continues to grow, the segment is expected to witness sustained growth, supported by ongoing innovations in design and material use“, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Corsets Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Application (Fashion, Historical reenactments, Medical support, Shapewear, Costume design), By Product (Steel-boned corsets, Underbust corsets, Overbust corsets, Waist cinchers), By Region & Competition, 2019-2029F”, has evaluated the future growth potential of global corsets 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 the global corsets market.

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