European Compression Garments Market Share, Trends, Size, Research and Forecast 2020-2026
European compression garments is estimated to record a healthy CAGR during the forecast period (2020-2026). In terms of key applications for compression garments, there are several factors that modulate the demand and sales of compression garments in Europe, such as the patient pool with surgeries, wounds, pregnancies, sports, aging population, and the emergence of a larger consumer pool with diabetes, obesity, and lymphedema. In addition, Europe is witnessing an increase in per capita disposable income among end consumers segments. The rise in disposable income levels is driving the overall retail market in the region. Apart from macroeconomic indicators that have affected the customer base, making them more price-sensitive, European regulations continued to become more stringent, pushing OEMs to develop products and norms to suit the regulatory aspect of the market and at the same time comply with stringent regulations that require high investment in R&D.
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However, the compression garments market in Europe is competitive and almost saturated. Declining birth rates, low fertility rates, and nil product innovation can make the market more competitive for garment types such as abdominal binders and face, arm, and shoulders but can positively impact the segments such as slimwear, joint support, and bodysuits to combat conditions such as diabetes ulcers, wounds, and lymphedema. However, there is some driving force also present in the European market, such as increasing literacy rates among women and booming healthcare and general wellbeing specialty pharmacy stores. The UK, France, Germany, Italy, and Spain are the major countries for the compression garments market in the region.
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Market Coverage
- Market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered - by Product Type, Application, and Distribution Channel
- Countries Covered- UK, Germany, France, Italy, Spain, and Rest of Europe
- Competitive Landscape- 3M Co., L&R Group, Leonisa, LIPOELASTIC, and SIGVARIS Group
Key questions addressed by the report
- What is the market growth rate?
- Which segment and country dominates the market in base year?
- Which segment and country will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID-19 forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
European Compression Garments Market Report Segment
By Product Type
- Shapewear
- Compression Tapes
- Facial Garments
- Full Body Garments
- Lower and Upper Extremities Garments
By Application
- Healthcare
- Sports
- Slimwear
By Distribution Channel
- Pharmacy and Offline Retail
- Online
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European Compression Garments Market Report Segment
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- 3M Co.
- Adidas AG
- ASICS Corp.
- Bauerfeind AG
- BSN Medical GmbH (Essity Company)
- Juzo Zorn, Inc.
- L&R Group
- Leonisa
- LIPOELASTIC S.A.
- MACOM Enterprises, Ltd.
- Medi GmbH & Co. KG
- New Balance Athletics, Inc.
- NIKE, Inc.
- SIGVARIS Groip
- Tricolast N.V.
- Under Armour, Inc.
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