Allied Market Research

2024

Compression Socks And Hosiery Market

Compression Socks and Hosiery Market Size, Share, Competitive Landscape and Trend Analysis Report by Product, by DEMOGRAPHY by Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2022-2032

CG : Personal care and cosmetic

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Author's: | Roshan Deshmukh
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Compression sock, additionally referred to as compression stocking or hosier, is special sock which have been created to improve the flow of blood in the feet and legs. This is composed of elastic materials that provide finished compression, which implies the force applied is highest at the ankle as well as decreases gradually as the leg moves up. Compression sock work by gently compressing the veins in the legs, improving blood flow and preventing the blood from pooling and clotting. 
 
The increasing recognition of venous disorders that include varicose veins and deep vein thrombosis (DVT) has driven up demand for compression socks and hosiery. Varicose veins impact approximately 23% of adults globally, while DVT affects millions of individuals each year. Both of these conditions can cause inflammation, pain, and discomfort, prompting people to look for effective treatments. Compression therapy, as offered by compression socks and hosiery, has been shown to decrease symptoms, enhance blood circulation, and reduce the likelihood of complications. As people grow more aware of the positive effects of compression therapy in treating venous disorders, the need for these products grows.
 
Compression socks have gained prominence among athletes and fitness enthusiasts because of their perceived advantages in performance enhancement, muscle fatigue reduction, as well as postexercise recovery. Athletes frequently suffer from muscle soreness, expanding, and tiredness, which compression socks can help alleviate. Wearing compression socks while using has been shown in research to improve blood circulation, the supply of oxygen to muscles, and the removal of waste products produced by metabolism. As global sports participation grows, correspondingly rises the demand for compression socks in the athletic market segment. Athletes are beginning to understand the potential benefits of compression therapy, and that is leading to an increase in the use of these products.
 
New product launches to flourish in the market
CEP Compression introduced its new Compression Tights & Shorts 4.0 in May 2023, with the goal to offer runners with improved support or recovery benefits. The Men's Compression Tights 4.0 had a patented design that offers the greatest compression throughout the leg, promoting muscle stability as well as activating recuperation even during exercise. The tights include functional fibers which successfully wick away moisture, leading to increased comfort. They cost $149.95 and offer optimal compression and efficiency for male sportsmen. Women's Compression Tights 34, on the contrary hand, offer maximum compression and optimal performance for women, thanks to their patented the compression design which stimulates the five senses and ensures joint and muscles stability. The breathable fibers and full compression maintain you cool. The Women's Compression Tights 34 cost $129.95. 
 
Segment Overview: 
By product: The compression socks and hosier market is divided into compression socks and compression hosiery, which are both part of the broader category of compression garments. Compression socks and compression hosiery are specialised products designed to improve the flow of blood while offering therapeutic benefits for people suffering from veins disorders or who want to enhance their athletic performance along with recovery. These products provide graduated the compression to improve movement in the legs and feet.
 
By demography: The compression socks and hosier market is divided into men and women. This division reflects the compression socks and hosiery market segments. Compression garments may help both men and women, offering therapeutic advantages for a variety of circumstances as well as improved athletic performance. Companies may adapt their goods and advertising approaches to the particular requirements and tastes of each gender by dividing the market by demography.
 
By distribution channel: The compression socks and hosier market is divided into online and offline. Online distribution involves the sale of socks with compression and hosiery via e-commerce sites and online retailers. Offline distribution includes traditional physical shops, specialty medical equipment stores, and sports retailers. This division acknowledges the various ways in which customers prefer to purchase these goods, providing alternatives for online as well as offline shoppers.
 
 
By region: The Asia-Pacific (APAC) region has an important market for speciality printing consumables like compression socks and hosiery. With a population that is diverse, growing disposable incomes, and a growing understanding of health and wellness, the region's need for these products is rapidly rising. Countries such as Japan, China, India, and South Korea have seen an increase in the incidence of venous disorders as well as a growing active population, which is fueling the market's growth. E-commerce has made a significant impact on the accessibility and affordability of specialty printing consumables in APAC. Online platforms offer consumers in the surrounding area convenience and a diverse range of product choices. 
 
Competitive analysis and profiles of the major players in the compression socks and hosier market, such as 2XU Pty Ltd, Ann Chery, ASICS, Colfax Corporation, Creswell Sock Mills, European Lingerie Group, Leonisa SA, MERZ, SIGVARIS, and Spanx Inc. Major players have adopted product launch and acquisition as key developmental strategies to improve the product portfolio of this market.

Compression Socks and Hosiery Market Report Highlights

Aspects Details
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By Product
  • Compression Socks
  • Compression Hosiery
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By DEMOGRAPHY
  • Men
  • Women
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By Distribution Channel
  • Online
  • Offline
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

ASICS, European Lingerie Group, Ann Chery, 2XU Pty Ltd, Spanx Inc, SIGVARIS, Leonisa SA, MERZ, Colfax Corporation, Creswell Sock Mills

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Compression Socks and Hosiery Market

Global Opportunity Analysis and Industry Forecast, 2022-2032