Asia-Pacific Compression Garments Market Trends, Size, Competitive Analysis and Forecast 2020-2026
The Asia-Pacific compression garments market is estimated to witness a strong CAGR during the forecast period (2020-2026). The compression garments market in the Asia-Pacific largely includes low and moderately priced product types. This is due to the presence of numerous vendors offering cheap models to compete with international and branded ones. Japan, South Korea, and Australia are witnessing high adoption of compression garments primarily driven by an increasing application in sports and post-op applications. The challenge is to attract consumers for premium material and pneumatic compression garments from India, Vietnam, Indonesia, and the Philippines, where the market for high-quality recovery aiding healthcare and wellbeing products are yet to catch a steeply rising curve.
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Moreover, public and private
initiatives, especially in emerging Asia-Pacific countries, have resulted in
increased investments in R&D in the healthcare sector, including consumer
products and devices, while free trade economics across the region supported
with progressive government policies has resulted in better availability and
access to pharmaceutical and medical device products. These trends have made
the Asia-Pacific an attractive market for expansionary private investments that
can effectively support innovation while driving consumption and capitalizing
on demographical and emerging consumption trends, and ultimately benefiting the
compression garments industry in the Asia-Pacific.
The market number available for – 2019-2026
- Base
year- 2019
- Forecast
period- 2020-2026
- Segment
Covered- by Product Type, Application, and Distribution Channel
- Countries
Covered- China, Japan, India, and Rest of Asia-Pacific
- Competitive
Landscape- 2XU Pty. Ltd.; 3M Co.; L&R Group; Leonisa; and LIPOELASTIC
S.A.
A full Report of Asia-Pacific
Compression Garments Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-compression-garments-market
Key questions addressed by the report
- What
is the market growth rate?
- Which
segment and country dominate the market in the base year?
- Which
segment and country will project the fastest growth in the market?
- How
COVID-19 impacted the market?
- Recovery
Timeline
- Deviation
from the pre-COVID-19 forecast
- Most
affected region and segment
- Who
is the leader in the market?
- How
players are addressing challenges to sustain growth?
- Where
is the investment opportunity?
Asia-Pacific Compression Garments Market Report Segment
- Shapewear
- Compression
Tapes
- Facial
Garments
- Full
Body Garments
- Lower
and Upper Extremities Garments
By Application
- Healthcare
- Sports
- Slim-wear
By Distribution Channel
- Pharmacy
and Offline Retail
- Online
Asia-Pacific Compression Garments Market Report Segment
Asia-Pacific
- India
- China
- Japan
- South
Korea
Rest of
APAC
Company Profiles
- 2XU
Pty. Ltd.
- Company
Overview
- Product
Portfolio
- Recent
Developments/Activities
- 3M
Co.
- Adidas
AG
- Ascent
Meditech, Ltd.
- ASICS
Corp.
- Cosmac
Healthcare
- L&R
Group
- Leonisa
- LIPOELASTIC
- New
Balance Athletics, Inc.
- NIKE,
Inc.
- Under
Armour, Inc.
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Research
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