Middle East & Africa Shapewear Market Size & Outlook
Middle East & Africa shapewear market, 2016-2028 (US$M)
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MEA shapewear market highlights
- The MEA shapewear market generated a revenue of USD 79.5 million in 2020.
- The market is expected to grow at a CAGR of 7.8% 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.
MEA data book summary
| Market revenue in 2020 | USD 79.5 million |
| Market revenue in 2028 | USD 144.4 million |
| Growth rate | 7.8% (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, MEA region accounted for 4.2% 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 |
|---|
Middle East & Africa 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 96.98% in 2020. Horizon Databook has segmented the Middle East & Africa shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
The influence of western cultures and trends has gradually penetrated big cities in the region, such as Saudi Arabia and Dubai, which has been transforming the fashion market. Manufacturers in the region have been showing an interest in designing shapewear that combine new fashion trends and a comfortable design.
The shapewear market in the region is at a nascent stage; this regional market has immense growth potential owing to the presence of a large customer base, including young and wealthy men that are attracted to the growing trend of shapewear.
Leading shapewear brands active in the region include Ann Summers, Missguided, Spanx, Triumph, Calvin Klein, Wink, and C-Panty, which specifically cater to the women segment. They offer shapewear products such as tummy and waist control products, cinchers, corsets, and shapewear lingerie.
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Target buyers of Middle East & Africa 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 Middle East & Africa shapewear market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Shapewear Market Outlook Share, 2020 & 2028 (US$M)
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