Describe Shapewear. The technical jargon used to describe shapers and personal gear might need to be clarified. Use this manual to help you understand everything and simplify your buying.
Several factors have influenced the shapewear manufacturers industry. For instance, the female segment dominates the market. In addition, the COVID-19 pandemic has impacted the market. As a result, many shapewear manufacturers have responded to this pandemic and have introduced new products to keep consumers in shape.
Fabricated materials
The use of synthetic fibers to construct new clothing has been around for a while, but the most recent harvest of artificial wonders will make your wardrobe seem more stylish than ever. Additionally, they require less maintenance.
It took 11 years for nylon, the first artificial material, to become commercially available. The thread was constructed from a reliable foundation material, but stretching the fibers was challenging. The most common application of nylon was as a silk replacement in women’s stockings. Other offerings included military uses, tenting mats, and cloth for tents.
Although most people aren’t aware of the name of contemporary nylon, it was formerly used to make everything from a dog collar to a vehicle hood to a t-shirt. In addition to being strong and resistant to harm, nylon is also lightweight. It has a long life as a result.
There have been plans to use synthetic materials to make new kinds of clothing for a long. However, the technology’s capacity to produce an end product of superior quality has propelled it to the forefront of the fashion sector. Although there is nothing quite as seductive as a silky smooth cashmere shirt, nylon is also an affordable method to obtain the same advantages. Nylon has a wide range of applications and numerous fashionable colors and designs. Additionally, nylon is sturdy, making it simple to wash and dry. The use of nylon to create new kinds of clothing has also sparked an explosion of fashionable and original looks for both sexes. The best synthetic materials are already well known for anyone seeking to purchase they had their style in the late 1990s.
COVID-19 pandemic
During the last year, there has been a noticeable decline in the demand for shapewear goods. Along with this, social distancing has also affected the market. It has pushed shapewear businesses to present their products in a more modern, approachable manner. Eventually, sales will begin to rebalance.
However, the demand for shapewear remains a challenge for manufacturers. In addition, new players are disrupting the market in the Asia Pacific. Developing countries are investing heavily in R&D and are upgrading fabric technology.
In North America, Wacoal and SPANX are two of the most popular shapewear brands. Athletes and sophisticated consumers drive the market.
In Asia, Japan and South Korea are two essential markets. Numerous indigenous businesses can be found in the area. However, new entrants and entrepreneurs are disrupting the industry.
The female segment dominates the market
Several international businesses dominate the shapewear market. These companies have expanded their product portfolio and introduced more customization options to their existing lines.
The shapewear market is highly fragmented. It is segmented into various categories: underwear, bras, thermal clothes, waist cinchers, etc. The market is also segmented by region and type. Currently, North America accounts for the largest share of the shapewear market. It is projected to continue dominating the market during the forecast period.
In terms of revenue, the female segment dominated the market in 2020. The female segment is expected to maintain its position throughout the forecast period. Furthermore, it is expected to grow at a rapid pace.
Sources of supply and demand
Several critical sources for shapewear are listed in this report. These sources include major companies, consultants and subject matter specialists, industry participants, and key players in the shapewear industry. In addition, several key regions are also analyzed. These include Latin America, Asia Pacific, the Middle East & Africa, and Europe.
In April 2019, the United States accounted for the largest share of the global shapewear market. However, the arrivals of shapewear in the country declined by 42 percent in April 2020. The market is also expected to grow in the Asia Pacific region significantly.
The shapewear industry has benefited from the rise of online sales. This trend has encouraged bargain hunters to buy products at low prices. In addition, a new generation of consumers is becoming more conscious about the environment. As a result, the use of sustainable packaging materials is also growing.