GITNUX REPORT 2024

Global Shapewear Industry Statistics: Market Values, Trends, and Projections

Exploring the Booming Shapewear Industry: Global Market Trends, Innovations, and Growth Projections Unveiled!

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

The shapewear industry has been influenced by the rise of sustainable and eco-friendly brands.

Statistic 2

The global shapewear market is expected to reach USD 5.6 billion by 2025.

Statistic 3

In 2019, the shapewear market in the United States was valued at approximately USD 954 million.

Statistic 4

The shapewear market in Europe is forecasted to reach USD 1.4 billion by 2027.

Statistic 5

Online sales of shapewear increased by 289% in 2020 compared to the previous year.

Statistic 6

The plus-size shapewear market is projected to grow at a CAGR of 8.2% from 2020 to 2027.

Statistic 7

The shapewear market in Asia Pacific is projected to expand at a CAGR of 7.1% from 2020 to 2027.

Statistic 8

The shapewear market in China is estimated to be worth over USD 2 billion.

Statistic 9

The shapewear market in Latin America is anticipated to witness significant growth in the coming years.

Statistic 10

In 2021, the market for men's shapewear products is expected to show steady growth.

Statistic 11

The shapewear market in the Middle East and Africa is expected to witness substantial growth.

Statistic 12

Slimming bodysuits are among the top-selling types of shapewear worldwide.

Statistic 13

Compression shapewear garments are increasingly popular for post-surgery recovery.

Statistic 14

Sales of maternity shapewear have seen an uptick as pregnant women seek comfortable support.

Statistic 15

The demand for seamless shapewear products is on the rise due to their comfortable fit.

Statistic 16

The shapewear industry has seen an increase in innovative designs focused on both functionality and aesthetics.

Statistic 17

With the rise of social media influencers, the marketing strategies of shapewear brands have evolved.

Statistic 18

The shapewear sector has witnessed a trend towards inclusive sizing to cater to a diverse range of body types.

Statistic 19

The COVID-19 pandemic has led to a shift in consumer preferences towards shapewear that prioritizes comfort at home.

Statistic 20

The shapewear market has witnessed increased competition from athleisure brands offering shaping activewear.

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Summary

  • The global shapewear market is expected to reach USD 5.6 billion by 2025.
  • In 2019, the shapewear market in the United States was valued at approximately USD 954 million.
  • The shapewear market in Europe is forecasted to reach USD 1.4 billion by 2027.
  • Online sales of shapewear increased by 289% in 2020 compared to the previous year.
  • The plus-size shapewear market is projected to grow at a CAGR of 8.2% from 2020 to 2027.
  • Slimming bodysuits are among the top-selling types of shapewear worldwide.
  • The shapewear market in Asia Pacific is projected to expand at a CAGR of 7.1% from 2020 to 2027.
  • The shapewear market in China is estimated to be worth over USD 2 billion.
  • The shapewear market in Latin America is anticipated to witness significant growth in the coming years.
  • Compression shapewear garments are increasingly popular for post-surgery recovery.
  • The shapewear industry has been influenced by the rise of sustainable and eco-friendly brands.
  • In 2021, the market for men's shapewear products is expected to show steady growth.
  • Sales of maternity shapewear have seen an uptick as pregnant women seek comfortable support.
  • The demand for seamless shapewear products is on the rise due to their comfortable fit.
  • The shapewear market in the Middle East and Africa is expected to witness substantial growth.

With the global shapewear market set to sculpt its way to a staggering USD 5.6 billion by 2025, its clear that this industry is tightening its grip on the fashion world. From the waist-snatching wonders in Asia Pacific to the curve-loving creations in Latin America, the shapewear landscape is undergoing a shape-shifting revolution. As online sales skyrocketed by 289% in 2020 and plus-size options shimmy towards growth at 8.2%, it seems like everyone is looking to shape up, slim down, and embrace their curves in style. So, whether youre a compression connoisseur, a sustainable style seeker, or a man looking to redefine the dad bod, get ready to cinch, mold, and contour your way through the shapewear saga of the 21st century.

Industry Influencers & Trends

  • The shapewear industry has been influenced by the rise of sustainable and eco-friendly brands.

Interpretation

The shapewear industry is tightening its grip on the fashion market, with sustainable and eco-friendly brands reshaping the contours of this billion-dollar business. As consumers strive to look fabulous without compromising the planet, these innovative brands are proving that saving the environment doesn't have to come at the cost of sacrificing style or shape. In this era where sustainability is the ultimate silhouette to strive for, shapewear is no longer just about shaping bodies but also shaping a greener future.

Market Size & Growth Projections

  • The global shapewear market is expected to reach USD 5.6 billion by 2025.
  • In 2019, the shapewear market in the United States was valued at approximately USD 954 million.
  • The shapewear market in Europe is forecasted to reach USD 1.4 billion by 2027.
  • Online sales of shapewear increased by 289% in 2020 compared to the previous year.
  • The plus-size shapewear market is projected to grow at a CAGR of 8.2% from 2020 to 2027.
  • The shapewear market in Asia Pacific is projected to expand at a CAGR of 7.1% from 2020 to 2027.
  • The shapewear market in China is estimated to be worth over USD 2 billion.
  • The shapewear market in Latin America is anticipated to witness significant growth in the coming years.
  • In 2021, the market for men's shapewear products is expected to show steady growth.
  • The shapewear market in the Middle East and Africa is expected to witness substantial growth.

Interpretation

The statistics paint a snug yet expanding picture of the shapewear industry, with figures shaping up to be quite flattering. From Asia to the Americas, curves are clearly en vogue as sales soar and markets expand. It seems that the desire for a sleek silhouette knows no boundaries as the industry showcases impressive growth projections in various regions. As online sales leap at record rates and plus-size shapewear gains momentum, it's evident that the shapewear revolution is here to stay. Whether it's China's billion-dollar market or the steady rise of men's shapewear, the shaping of bodies seems to be a global affair with no end in sight. It's shaping up to be quite the figure-friendly future in the world of shapewear.

Product Trends & Top-Selling Items

  • Slimming bodysuits are among the top-selling types of shapewear worldwide.
  • Compression shapewear garments are increasingly popular for post-surgery recovery.
  • Sales of maternity shapewear have seen an uptick as pregnant women seek comfortable support.
  • The demand for seamless shapewear products is on the rise due to their comfortable fit.
  • The shapewear industry has seen an increase in innovative designs focused on both functionality and aesthetics.
  • With the rise of social media influencers, the marketing strategies of shapewear brands have evolved.
  • The shapewear sector has witnessed a trend towards inclusive sizing to cater to a diverse range of body types.
  • The COVID-19 pandemic has led to a shift in consumer preferences towards shapewear that prioritizes comfort at home.
  • The shapewear market has witnessed increased competition from athleisure brands offering shaping activewear.

Interpretation

In a world where curves are celebrated but sometimes just need a little nudge, the shapewear industry seems to have it all figured out. From slimming bodysuits to maternity support, from post-surgery compression to seamless comfort, it's a market that knows how to blend style with substance. As social media influencers sway trends and athleisure brands muscle in on the game, shapewear companies are staying ahead by embracing inclusive sizing and cozy designs for the stay-at-home era. So whether you're looking to sculpt, recover, or just lounge in style, rest assured that the shapewear sector has got your back - and front - covered.

References