The sports compression clothing market refers to garment goods meant to support and compress various regions of the body during physical exercise. These garments are comprised of elastic, breathable, and moisture-wicking fabrics with the goal of improving performance, reducing muscle fatigue, and preventing injuries. The sports compression clothing industry has grown significantly in recent years as athletes and fitness enthusiasts become more aware of the benefits of compression garments. Factors such as increased engagement in sports and exercise activities, a growing health and wellness trend, and technical breakthroughs in materials and designs are driving the market.
The sports compression garment market is divided into three segments: product type, end-use, and region. The market may be divided into tops, bottoms, and others based on product type. The market may be divided into three categories based on end-use: men, women, and children. The market may be divided into four regions: North America, Europe, Asia-Pacific, and the rest of the world. The Asia-Pacific region is predicted to have the largest growth in the sports compression clothing market due to increased engagement in sports and fitness activities as well as the area’s expanding health and wellbeing trend. Nike, Adidas, Under Armour, and 2XU are among the market’s key participants. They are investing in R&D to create unique and high-quality compression garment items to meet the needs of its customers.
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Key Segments Covered in the Sports Compression Clothing Industry Survey
- By Product Type
- Sports Compression Shirts
- Sports Compression Pants and Shorts
- Sports Compression Sleeves
- Sports Compression Socks
- Sports Compression Tops
- Others Sports Compression Clothing Types
- By Activity
- Sports Compression Clothing for Cycling
- Sports Compression Clothing for Road Running
- Sports Compression Clothing for Trail Running
- Sports Compression Clothing for Triathlon
- Sports Compression Clothing for Other Activities
- By Sales Channel
- Sports Compression Clothing Sales via Sports Variety Stores
- Sports Compression Clothing Sales via Franchise Sports Stores
- Sports Compression Clothing Sales via Online Retail
- Sports Compression Clothing Sales via Other Sales Channels
Key Takeaways of the Sports Compression Clothing Market
- Tops are the fastest growing product segment in the global sports compression clothing market, showing a high growth trend in the latter half of forecast period.
- North America is the largest market for sports compression clothing, and is expected to grow 1.7X by 2029, from 2019.
- Europe sports compression clothing market is expected to present the highest absolute $ opportunity, in comparison with other regions, and is expected to grow 1.8X by 2029 over market value in 2019.
- In terms of product type, shirts account for around 25% value share in sports compression clothing market and are expected to show steady growth rate over the forecast period.
- Online retail accounts for a majority share for sports compression clothing and is expected to show gradual growth over forecast period.
- Sports variety stores are expected to experience positive BPS growth in sports compression clothing market, registering a 1.9X growth during forecast period.
Key Sports Compression Clothing Providers
- Vim & Vigr
- CW & X
- Under Armor
- Nike Inc.
- VIRUS Performance
- MudGear
- Zensah
- Pacterra Athletics
- Brooks Sports Inc.
- WOLACO
- 2XU
- Asics
- Adidas AG
Competitive Landscape
Prominent players are embracing innovative approaches such as ground-breaking marketing tactics, technological advancements, mergers, and acquisitions to expand their market ground
- Datalogue, a well-known New York-based start-up with a data integration platform, was purchased by Nike, Inc. in February 2021. The newest purchase of Nike for its consumer-driven digital transformation is Datalogue.
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A new line called Formotion, inspired by shapewear and released in February 2022 by German sports goods juggernaut Adidas, uses graded zonal compression to mould and maintain a woman’s unique shape. The target market for the collection is active women of various body types who are looking for comfortable performance clothing for activities like Pilates and HIIT gym exercises.