China Shapewear Market Size & Outlook, 2020-2028
China shapewear market, 2016-2028 (US$M)
Related Markets
China shapewear market highlights
- The China shapewear market generated a revenue of USD 148.1 million in 2020 and is expected to reach USD 278.8 million by 2028.
- The China market is expected to grow at a CAGR of 8.2% from 2021 to 2028.
- In terms of segment, female was the largest revenue generating end user in 2020.
- Male is the most lucrative end user segment registering the fastest growth during the forecast period.
Shapewear market data book summary
| Market revenue in 2020 | USD 148.1 million |
| Market revenue in 2028 | USD 278.8 million |
| Growth rate | 8.2% (CAGR from 2020 to 2028) |
| Largest segment | Female |
| Fastest growing segment | Male |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Female, Male |
| Key market players worldwide | Nike Inc Class B, Adidas AG, Wacoal Holdings Corp, Under Armour Inc Class A, Spanx, Triumph International, Leonisa USA, 2XU, SKINS |
Other key industry trends
- In terms of revenue, China accounted for 7.8% of the global shapewear market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China shapewear market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 131.2 million by 2028.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Shapewear Market Scope
Shapewear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China shapewear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to shapewear market will help companies and investors design strategic landscapes.
Female was the largest segment with a revenue share of 93.38% in 2020. Horizon Databook has segmented the China shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
According to the World Bank, there are about 400 million millennials in China, which is more than the entire U.S. population. The young and working-class populations that exhibit increased interest in their appearance and have been dressing in-tune with the latest trends are attracted to shapewear.
China has the largest textile industry and is a major exporter to Colombia, India, and various countries in Europe. Fabrics such as spandex, nylon, and polyester that are required to manufacture shapewear are produced in China.
China accounted for more than 75% of the global spandex production in 2019 according to the Wood Magazine June 2019 report. These factors are likely to boost market growth and product development. The dominance of women in shapewear products, because of the availability of a wide range of products and luxurious brands, is the key factor driving the segment growth.
Reasons to subscribe to China shapewear market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China shapewear market databook
-
Our clientele includes a mix of shapewear market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China shapewear market , including forecasts for subscribers. This country databook contains high-level insights into China shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
China shapewear market size, by end user, 2016-2028 (US$M)
China Shapewear Market Outlook Share, 2020 & 2028 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
