North America Shapewear Market Size & Outlook, 2020-2028
North America shapewear market, 2016-2028 (US$M)
Related Markets
North America shapewear market highlights
- The North America shapewear market generated a revenue of USD 775.4 million in 2020.
- The market is expected to grow at a CAGR of 7.9% 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, U.S. is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 775.4 million |
| Market revenue in 2028 | USD 1,420.6 million |
| Growth rate | 7.9% (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, North America region accounted for 40.8% 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 |
|---|
North America 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 94.57% in 2020. Horizon Databook has segmented the North America shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
The North America market is expected to account for a revenue share of more than 38% in the global market by 2028. With the high number of manufacturers present in the region, there is a scope of competition as well as product innovation. Brands such as SKIMS, SPANX, Maidenform, Commando, Yummie and Wacoal are widely available across the region through online and offline retail channels.
Moreover, many celebrities and personalities are spotted wearing shapewear products on the red carpet and in their daily lives in the region, which is likely to drive this market’s growth. Additionally, the growing apparel and textile market in the region is expected to drive this market.
According to the National Council of Textile Organization 2019 report, the U.S. textile and apparel market was valued at nearly USD 70 billion when measured by the value of industry shipments in 2018. In addition, the U.S. is one of the key countries with a high research & development expenditure for fabric innovation and technology.
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Target buyers of North America 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 North America shapewear market , including forecasts for subscribers. This continent databook contains high-level insights into North America shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America shapewear market size, by country, 2016-2028 (US$M)
North America Shapewear Market Outlook Share, 2020 & 2028 (US$M)
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