U.S. Shapewear Market Size & Outlook, 2020-2028
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U.S. shapewear market highlights
- The U.S. shapewear market generated a revenue of USD 670.5 million in 2020 and is expected to reach USD 1,215.9 million by 2028.
- The U.S. market is expected to grow at a CAGR of 7.7% 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 670.5 million |
| Market revenue in 2028 | USD 1,215.9 million |
| Growth rate | 7.7% (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, U.S. accounted for 35.2% 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 North America, U.S. shapewear market is projected to lead the regional market in terms of revenue in 2028.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,215.9 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 |
U.S. 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 94.62% in 2020. Horizon Databook has segmented the U.S. shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
The U.S. accounted for a revenue share of more than 86% in the North American market in 2020. The availability of a wide product range and the increased penetration of online as well as offline channels of distribution are driving this country’s shapewear market further.
The presence of major companies in the country also boosts market development. Moreover, the willingness of consumers to spend on fitness and body-shaping products contributes to the U.S. shapewear market’s growth.
Female segment dominates the shapewear market in U.S. as compared to the male in the country. Most of the brands have also witnessed this shopping pattern when it comes to the end-user segment of the market. Shapermint, a California-based digital shapewear marketplace, held a 20.4% share of the U.S.
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Target buyers of U.S. 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 country-level data and insights on the U.S. shapewear market , including forecasts for subscribers. This country databook contains high-level insights into U.S. shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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U.S. shapewear market size, by end user, 2016-2028 (US$M)
U.S. Shapewear Market Outlook Share, 2020 & 2028 (US$M)
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