(Australia-NewsWire.Com, May 23, 2018 ) Compression wear and shapewear are skintight array, which empower blood circulation and balance out muscles by applying weight at particular parts of the body. Compression attire enhances stamina and body adjust and control the body temperature. Shapewear presses and squishes the over the top fat, influencing the body to seem slimmer. Increment in discretionary cashflow of clients, headways in the texture innovation and piece of clothing plans, the ascent in fame of shapewear among the geriatric populace and change in ways of life drive the market development of shapewear section.
The development of the diseases, for example, varicose veins and lymphedema conjoined with the general development of the social insurance industry, consistently developing Asia Pacific maturing populace which is influenced by age-related solid issues and the slow ascent of the wellness and games industry are couple of drivers boosting the market around the world. The interest for compression garments has ascended since competitors’ incline toward them to maintain a strategic distance from wounds amid an occasion. The makers are always advancing with the materials and patching up styles to charm more buyers. The compression garments and leggings market are to a great degree prosperous due to the consistent modernization drive occurring in the games, wellness and medicinal services division.
Global Compression Garments and Stocking Market is geographically segmented in regions of Asia Pacific, Latin America, North America, Europe and Middle East and Africa. Asia Pacific Market is geographically segmented into India, China, Japan, South Korea and Australia. The market in this region has been growing at an exceptional pace and is projected to have the highest growth rate among all other regions. The Asia Pacific Compression Garments and Stockings market size was around USD 500 million in 2017. It is expected to grow at a CAGR of 5.9% to reach USD 670 million by 2022. It captures 20% of the global market.
Key players in the market include Leonisa, Inc., Medical Z, 2XU Pty. Ltd, 3M, BSN Medical, medi GmbH & Co KG, Nouvelle, Inc., Santemol Group Medical.
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