Critical Market Drivers Shaping the Outlook for Compression Garments And Stockings Market from 2025-2034: Rising Obesity Rates Fuel Growth In The Compression Garments And Stockings Market
Discover trends, market shifts, and competitive outlooks for the compression garments and stockings industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
How Has the Compression Garments And Stockings Market Growth Performance Trended Historically, And What Lies Ahead?
In recent times, there’s been solid growth in the compression garments and stockings market. The market size will increase from $3.24 billion in 2024 to $3.44 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.1%. This growth observed in the historic period is due to a combination of factors such as advancements and applications in medical field, changing age demographics, adoption by sports and fitness industry, integration into fashion and style, and medical and therapeutic requirements.
There is projected to be significant expansion in the compression garments and stockings market in the coming years. The estimation sees this market growing to $4.29 billion by 2029, with a CAGR of 5.7%. Reasons for this increase during the forecast period include the introduction of regulations and standardizations, the expansion of online retail outlets, the popularity of athleisure and comfort attire, the incorporation of fashion trends, heightened awareness, and educational drives, along with widening medical applications. Noteworthy trends for the forecast period encompass regulatory backing and standardisation, the surge of athleisure and comfort attire, growth in online retail and e-commerce, educational campaigns and heightened awareness, as well as the interpolation of fashion and style.
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What Are the Core Growth Drivers Propelling the Compression Garments And Stockings Market Forward?
The upward trend in obesity levels is projected to boost the compression garments and stockings market’s expansion. Obesity, characterized by a potentially harmful accumulation of body fat, is often managed with these garments, as they offer relief from pain and discomfort and assist in weight loss efforts. They also improve circulation, reducing swelling and inflammation commonly associated with obesity. For example, the World Heart Federation reported in March 2023 that approximately 2.3 billion adults and kids globally were overweight or obese. It estimated that this number might soar to a staggering 2.7 billion by 2025, in line with the current markers. Therefore, rising obesity rates are a primary driver for market growth.
Compression Garments And Stockings Market Driver: Increase In Chronic Disease Incidence Fuels Compression Garments And Stockings Market Growth
What Segment Types Define the Compression Garments And Stockings Market Structure?
The compression garments and stockings market covered in this report is segmented –
1) By Product Type: Compression Garments, Compression Stockings
2) By Distribution Channel: Hospitals, Ambulatory Surgical Centers, Clinics, Online Sales, Other Healthcare Facilities
3) By Application Type: Varicose Veins, Wound Care, Burns, Oncology, Other Applications
Subsegments:
1) By Compression Garments: Compression Shirts, Compression Sleeves (Arm And Leg), Compression Shorts, Full-Body Compression Suits
2) By Compression Stockings: Knee-High Compression Stockings, Thigh-High Compression Stockings, Waist-High Compression Stockings, Anti-Embolism Stockings
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Which Geographic Areas Hold the Strongest Growth Potential in the Compression Garments And Stockings Market?
North America was the largest region in the compression garments and stockings market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compression garments and stockings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which Emerging Trends that Are Influencing theCompression Garments And Stockings Industry Evolution?
Key players in the compression garments and stockings market are shifting their strategic emphasis towards the development of medical-grade compression garments with advanced elements like FlexFit Comfort Ankle. This unique design improves blood flow, lymphatic circulation, and ankle flexibility, thereby increasing their market revenue. For instance, The Marena Group, a prominent US-based company specializing in medical-grade compression, launched a lipedema compression garment incorporating the innovative FlexFit Comfort Ankle in July 2023. This product is specifically designed to aid individuals dealing with the aftermath of lipedema reduction surgeries, furnishing comfort and alleviating discomfort during recovery. Additionally, Marena introduced its exclusive TriFlex Fabric in this new lipedema outfit, predominantly recognized for the post-liposuction recovery benefits it provides. This fabric boasts multidirectional 3D stretch, moisture-absorption and cooling dimensions, shape augmentation, and anti-microbial features.
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What Is the Definition of the Compression Garments And Stockings Market?
Compression garments and stockings refer to the specialized attire made with elastomeric fibers designed to exert significant mechanical force on specific body zones to provide stability, compression, and support to the tissues beneath. They are used for medical therapy, sports, and other applications.
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