Compression Stocking Market Size, Share & Growth Report 2031
Compression Stocking Market Size, Share & Growth Report 2031
Segments - Global Compression Stocking Market by Types (Thigh High and Knee High), Distribution Channels (E-commerce and Departmental Stores), Demography (Women and Men), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :CG-4315
| 4.7 Rating
| 71 Reviews
| 210 Pages
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Report Description
Global Compression Stocking Market Outlook 2031:
The compression stocking market size was valued at USD 1.67 Billion in 2022 and is projected to reach USD 2.73 Billion by 2031, expanding at a CAGR of 5.6% during the forecast period 2023 - 2031. The growth of the market is attributed to rising number of health-conscious consumers.
Compression stockings are one type of specialized hosiery product that is intended to help minimize the spread and progression of vascular disorders such as phlebitis, edema, and thrombosis.
Compression stockings also regulate and improve blood flow in the leg. Stockings with compression, squeeze your legs lightly to help blood flow up your legs. It prevents blood clots and leg swelling, which fuels the demand for compression stockings. Wearing stockings help with preventing post-phlebitis syndrome, which is caused by blood clots in the legs.
Despite the fact that most people associate vein problems with the elderly, current compression socks are worn by people of all ages. For example, many athletes wear compression garments to assist them attain their optimum performance and recover faster, while regular travelers, like airline pilots, use them to avoid DVT.
Compression stockings are also worn by women during pregnancy to reduce the risk of leg edema during pregnancy. People with vein illnesses have strain in their leg veins, which can cause valves within the veins to fail to function properly, resulting in blood flow blockage and pooling in the legs. Compression therapy is used by these clients, and they must use compression stockings during the procedure.
Compression Stocking Market Trends, Drivers, Restraints, and Opportunities
- Rising number of patients who undergo surgeries on their limbs, are suggested to wear compression stockings for proper blood flow, this is estimated to drive the market.
- The number of people suffering from venous problems is expected to increase as the older population grows, which is expected to fuel the market during forecast period.
- Compression stockings' side effects, such as damaged skin, pains, pain, skin irritation, and discomfort, are major problems restricting the market growth.
- Unevenly and excessive distributed pressure from compressed stockings can cause skin to break, especially in malnourished and older patients, as well as those with thin, brittle skin.
- Lack of awareness about the proper use of the stockings act as a major factor hindering the market growth.
- Technological advancement in the compressed stockings is anticipated to create lucrative opportunities for the market players.
Scope of Compression Stocking Market Report
The report on the global compression stocking market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Compression Stocking Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Thigh High and Knee High), Distribution Channels (E-commerce and Departmental Stores), Demography (Women and Men) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Zhende Medical Group, Spanx Inc., Creswell Sock Mills, Triumph International Corporation, European Lingerie Group, 2xu Pty Ltd., I-Runner, Leonisa, Colfax Corporation (DJO Global), and Ann Chery |
Compression Stocking Market Segment Insights
The thigh high segment accounts for a major market share
Based on types, the compression stocking market is bifurcated into thigh high and knee high.
The thigh high segment accounts for a major market share owing to thigh high compression stockings provide more benefits than knee high. For compression therapy, these stockings not only cover the feet and calves, but also the full leg. Cotton and nylon blends are used in the majority of thigh-high compression stockings.
Thigh-high compression stockings come in a variety of styles, including silicon, sheer, ribbed, opaque, and pattern bands. Some of the well-known brands in the thigh-high compression stocking market are Therafirm, Sigvaris, Solidea, and Solaris.
The offline channel segment is estimated to expand at a rapid pace during the forecast period
In terms of distribution channels, the market is fragmented into E-commerce and departmental stores.
The offline channel segment is estimated to expand at a rapid pace during the forecast period. The offline store segment includes some of the most important brick-and-mortar stores, such as supermarkets/hypermarkets, franchisee stores, and specialty stores.
In order to generate more revenue sales, this type of store implements numerous promotional and marketing activities, such as customer loyalty programs, discounts, and seasonal specials. Moreover, these stores provide a wide range of hygienic product options offering both private-label and branded products.
The women’s segment holds key market share
On the basis of demography, the global compression stocking market is segregated into women and men.
The women’s segment holds key market share. Growth of the segment is attributed to as most of the compression stocking goods are designed for female clients. Women’s compression stockings not only include medical remedies for poor blood circulation, but also include appealing designs, colors, and patterns that meet the needs of the target clients.
One of the most popular types of compression stockings among women is thigh-high compression stockings. Some of the leading brands in the women's compression stockings market are Jobst, Venosan, Sigvaris, Therafirm, CircAid, Truform, and Dr. Scholl’s.
North America dominates the global market
In terms of regions, the compression stocking market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
North America dominates the global market with a CAGR of 4.4%. Compression wear’s growing popularity in cycling, table tennis, and baseball, as well as manufacturers ongoing shapeware advancements are driving the market in North America. Compression clothing has become extremely popular among sportsmen and gym enthusiasts.
Due to the surge in popularity of high-end compression garments in the region in recent years, the US dominated the North America stockings market. This is due to a rise in the popularity of attractive and stylish shapewear among women.
Segments
The global compression stocking market has been segmented on the basis of
Types
- Thigh High
- Knee High
Distribution Channels
- E-commerce
- Departmental Stores
Demography
- Women
- Men
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Zhende Medical Group
- Spanx Inc.
- Creswell Sock Mills
- Triumph International Corporation
- European Lingerie Group
- 2xu Pty Ltd.
- I-Runner
- Leonisa
- Colfax Corporation (DJO Global)
- Ann Chery
Competitive Landscape
Key players competing in the compression stocking market include Zhende Medical Group, Spanx Inc., Creswell Sock Mills, Triumph International Corporation, European Lingerie Group, 2xu Pty Ltd., I-Runner, Leonisa, Colfax Corporation (DJO Global), and Ann Chery.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Compression Stocking Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Compression Stocking Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Compression Stocking Market - Supply Chain
4.5. Global Compression Stocking Market Forecast
4.5.1. Compression Stocking Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Compression Stocking Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Compression Stocking Market Absolute $ Opportunity
5. Global Compression Stocking Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Compression Stocking Market Size and Volume Forecast by Types
5.3.1. Thigh High
5.3.2. Knee High
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Compression Stocking Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Compression Stocking Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Compression Stocking Demand Share Forecast, 2019-2026
7. North America Compression Stocking Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Compression Stocking Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Compression Stocking Market Size and Volume Forecast by Types
7.4.1. Thigh High
7.4.2. Knee High
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Compression Stocking Demand Share Forecast, 2019-2026
8. Latin America Compression Stocking Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Compression Stocking Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Compression Stocking Market Size and Volume Forecast by Types
8.4.1. Thigh High
8.4.2. Knee High
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Compression Stocking Demand Share Forecast, 2019-2026
9. Europe Compression Stocking Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Compression Stocking Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Compression Stocking Market Size and Volume Forecast by Types
9.4.1. Thigh High
9.4.2. Knee High
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Compression Stocking Demand Share Forecast, 2019-2026
10. Asia Pacific Compression Stocking Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Compression Stocking Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Compression Stocking Market Size and Volume Forecast by Types
10.4.1. Thigh High
10.4.2. Knee High
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Compression Stocking Demand Share Forecast, 2019-2026
11. Middle East & Africa Compression Stocking Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Compression Stocking Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Compression Stocking Market Size and Volume Forecast by Types
11.4.1. Thigh High
11.4.2. Knee High
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Compression Stocking Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Compression Stocking Market: Market Share Analysis
12.2. Compression Stocking Distributors and Customers
12.3. Compression Stocking Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Zhende Medical Group
12.4.2. Spanx Inc.
12.4.3. Creswell Sock Mills
12.4.4. Triumph International Corporation
12.4.5. European Lingerie Group
12.4.6. 2xu Pty Ltd.
12.4.7. I-Runner
12.4.8. Leonisa
12.4.9. Colfax Corporation (DJO Global)
12.4.10. Ann Chery
Methodology
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