Europe Shapewear Market Size & Outlook, 2020-2028
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Europe shapewear market highlights
- The Europe shapewear market generated a revenue of USD 542.6 million in 2020.
- The market is expected to grow at a CAGR of 8.1% 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.
- Country-wise, UK is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 542.6 million |
| Market revenue in 2028 | USD 1,012.5 million |
| Growth rate | 8.1% (CAGR from 2020 to 2028) |
| Largest segment | Female |
| Fastest growing segment | Male |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 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, Europe region accounted for 28.5% of the global shapewear market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 816.2 million by 2028.
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Shapewear Market Scope
Shapewear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SKINS | View profile | 11-50 | London, England, United Kingdom, Europe | https://www.skinscompression.com |
| 2XU | View profile | 101-250 | Hawthorn, Victoria, Australia, Oceania | https://www.2xu.com/us |
| Leonisa USA | View profile | 501-1000 | Norcross, Georgia, United States, North America | http://www.leonisa.com/en |
| Triumph International | View profile | 10001+ | Törökbálint, Pest, Hungary, Europe | https://www.triumph.com |
| Spanx | View profile | 501-1000 | Eau Claire, Wisconsin, United States, North America | http://www.spanx.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| Wacoal Holdings Corp | View profile | 19629 | 29, Nakajima-cho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8530 | http://www.wacoalholdings.jp |
| Under Armour Inc Class A | View profile | 14800 | 1020 Hull Street, Baltimore, MD, United States, 21230 | https://www.underarmour.com |
Europe 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 93.49% in 2020. Horizon Databook has segmented the Europe shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
The presence of numerous shapewear manufacturers, coupled with growing consumer acceptance for shapewear and compression wear products in the region, has been driving the market. Italy, Spain, and Romania are among the top countries manufacturing shapewear products in the region.
The Europe market for shapewear continues to grow because of innovations in fabrics and improvement in sociocultural factors such as the growing inclination for sports and increased focus on physical appearance among the millennial and Gen Z population.
According to the CBI Insights of Affairs, the highest demand for body shapers and other shapewear products in 2017 stemmed from Germany at 1.00 billion euros, followed by the U.K. with 892 million euros and France at 773 million euros.
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Target buyers of Europe shapewear market databook
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Our clientele includes a mix of shapewear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Europe shapewear market , including forecasts for subscribers. This continent databook contains high-level insights into Europe shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Europe shapewear market size, by country, 2016-2028 (US$M)
Europe Shapewear Market Outlook Share, 2020 & 2028 (US$M)
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