North American compression garments are estimated to display a steady CAGR of 4.9% during the forecast period (2020-2026). North American was the second-largest market for compression garments in 2019. The high average disposable income of the population, the rapid proliferation of online forums, and innovations in the development of advanced features are the main factors that are expected to fuel the market in terms of shipments and sales of graduated compression and pneumatic compression garments in the region. Features such as non-chaffing materials, sensors to control compression, and the ability to control the circulation of blood to the heart and limbs are becoming key sales points for compression garments in the region.
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Further, in North America, obesity is one of the major issues individuals have had to suffer. Obesity is a chronic disease that is characterized by multifactorial etiology with a complex interplay between genetic susceptibility and environmental factors. With the rising rates of obesity among adults and children dramatically in the recent decade, the WHO classified real obesity as an epidemic, and the American Medical Association had termed obesity from a condition into disease in 2013. Approximately two-thirds of the US population is either overweight or obese. As an increasing number of people try to control the effects of obesity and diabetes and related ailments such as venous insufficiency, peripheral edema, and nerve damage, there are high chances of repeat purchase of compression garments to keep a check on diabetes-related ailments.
However, the outbreak of the COVID-19 pandemic has disrupted the relevant end-user industries in the region, which has had negative impacts on the compression garments industry. The major markets, including the US, France, the UK, Germany, Canada, and China, are the most affected ones. However, the US resumed market operations from H2 2020 with production and factories back on track. However, it will take at least a quarter or two to regain its earlier market momentum.
The North American compression garments market is segmented based on product type, application, and distribution channel. Based on product type, the compression garments market is segmented into shapewear, compression tapes, facial garments, full-body garments, lower and upper extremities garments, and tops. Based on application, the compression garments market is segmented into healthcare, sports, and slimwear. Based on the distribution channel, the market is classified into pharmacies and offline retail, and online.
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North American Compression Garments Market Segmentation
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
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
