Germany Shapewear Market Size & Outlook, 2020-2028
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Germany shapewear market highlights
- The Germany shapewear market generated a revenue of USD 104.5 million in 2020 and is expected to reach USD 195.8 million by 2028.
- The Germany market is expected to grow at a CAGR of 8.2% 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 104.5 million |
| Market revenue in 2028 | USD 195.8 million |
| Growth rate | 8.2% (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, Germany accounted for 5.5% 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 Europe, Germany shapewear market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 180.3 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 |
Germany 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 93.78% in 2020. Horizon Databook has segmented the Germany shapewear market based on female, male covering the revenue growth of each sub-segment from 2016 to 2028.
The rising demand for comfortable, fashionable, and durable shapewear among consumers is expected to boost the market in the country. Consumers in the country are upgrading their wardrobe essentials with shapewear solutions for enhanced body shape and image.
The highest concentration of brands and retailers offering shapewear is in the country because of the growing demand. Some of the notable retailers responsible for the rising sale and future demand of shapewear products in Germany are Triumph, Marlies Dekkers, Ten Cate, Sainsbury’s, HEMA, Tesco, Mey, and H&M.
Brands and manufacturers in the country strive to gain the maximum share in this segment because of women are more willing to adapt and experiment with new products and styles. Many luxurious brands are also introducing shapewear products for women in their portfolios, which is likely to boost the segment growth.
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Target buyers of Germany 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 Germany shapewear market , including forecasts for subscribers. This country databook contains high-level insights into Germany shapewear market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany shapewear market size, by end user, 2016-2028 (US$M)
Germany Shapewear Market Outlook Share, 2020 & 2028 (US$M)
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