Global Baselayer Compression Shirts Market Size to Worth USD 1062.62 Million by 2033
According to a research report published by Spherical Insights & Consulting, The Global Baselayer Compression Shirts Market Size is Estimated to Grow from USD 470.17 Million in 2023 to USD 1062.62 Million by 2033, Growing at a CAGR of 8.50% during the forecast period 2023-2033.
Browse key industry insights spread across 215 pages with 110 Market data tables and figures & charts from the report on the Global Baselayer Compression Shirts Market Size, Share, and COVID-19 Impact Analysis, By Product (Sleeveless, Short Sleeve, and Long Sleeve), By Distribution Channel (Supermarkets & Hypermarkets, Online, Specialty Stores, and Others), By End-Use (Female and Male), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
The market for compression shirts used as a foundation layer for sports and other activities is known as the global base layer compression shirts market. The purpose of these shirts is to lessen muscle fatigue and increase performance. The market for performance-enhancing products like compression shirts has surged due to consumers' growing interest in fitness, sports, and outdoor activities. Their sales are increased by the advantages these kinds of clothing provide, such as improved oxygen circulation to muscles, muscle support, and efficient moisture management. The baselayer compression shirt market is growing significantly as a result of manufacturers' use of omnichannel strategies and cutting-edge materials to increase product visibility. Baselayer compression shirts are useful for many reasons, particularly for sportsmen and energetic people. Enhancing performance, comfort, and recuperation both during and after physical activity is the main focus of these functions. Fabric technological advancements include the use of breathable materials, moisture-wicking materials, and antimicrobial treatments that have improved the wearer's comfort and performance with compression shirts. Since these technological developments, baselayer shirts are increasingly appealing to athletes and shoppers seeking high-performance sportswear. However, a significant obstacle to the long-term growth of the baselayer compression shirt market will be the low adoption rate in regions with hot climates and the discomfort and lack of comfort these goods provide.
The long-sleeve segment dominated the global baselayer compression shirts market share in 2023 and is estimated to grow at a CAGR of 6.19% throughout the projection period.
Based on the product, the global baselayer compression shirts market is categorized into sleeveless, short sleeve, and long sleeve. Among these, the long-sleeve segment dominated the global baselayer compression shirts market share in 2023 and is estimated to grow at a CAGR of 6.19% throughout the projection period. Compression shirts with long sleeves have become very popular because of their wide covering and capacity to offer complete muscular support. Since they protect from the weather while maintaining the best compression effects, these shirts are very popular among athletes who do outdoor sports. Throughout the projection period, the long-sleeve category is anticipated to hold a significant market share due to the growing usage among professional athletes and sports fans.
The specialty stores segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the distribution channel, the global baselayer compression shirts market is classified into supermarkets & hypermarkets, online, specialty stores, and others. Among these, the specialty stores segment accounted for the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The ease of product availability in specialized stores drives the specialty store segment of the baselayer compression shirt market. It benefits from a specialized focus on compression wear, providing a carefully chosen range of premium goods made to satisfy the unique requirements and tastes of customers looking for clothing that improves performance. This specialty makes it possible to better understand the needs of the customer and offer tailored advice, which improves the purchasing experience.
The male segment held the largest share of 55.30% in 2023 and is estimated to grow at a CAGR of 5.78% throughout the projection period.
Based on the end-use, the global baselayer compression shirts market is divided into female and male. Among these, the male segment held the largest share of 55.30% in 2023 and is estimated to grow at a CAGR of 5.78% throughout the projection period. Men engage in a variety of sports, including cycling, weightlifting, and running, all of which call for the best apparel to minimize the danger of muscle strain and enhance performance. In addition, the growing popularity of the athleisure movement has contributed to the male population's need for compression shirts for casual wear and exercise. For an elegant, tailored appearance that complements current design trends, compression shirts are frequently worn in undergarments or by themselves.
North America is expected to hold the largest share of the global baselayer compression shirts market through the forecast period.
North America is expected to hold the largest share of the global baselayer compression shirts market through the forecast period. A significant market for these products has been created by the growing popularity of outdoor activities and growing health consciousness among customers in regional economies such as the United States and Canada. Specific compression zones that target various muscle groups are incorporated into the design of contemporary compression apparel. These developments appeal to sportsmen and fitness enthusiasts seeking specialized equipment to improve performance and lessen discomfort since they offer more efficient support and recovery. The market expansion in this area is bolstered by the existence of numerous top sportswear and activewear companies that are accessible both online and offline.
Asia Pacific is predicted to grow at the fastest CAGR of the global baselayer compression shirts market over the forecast period. The requirement for baselayer compression apparel has been fueled by the significant increase in sports participation and widespread consumer awareness of health and well-being in economies such as China, Japan, and India. Gyms, parks, and sports facilities have become more accessible to people as the region has become more urbanized, especially in China and Southeast Asia. Sales of performance-enhancing products, such as compression clothing, which facilitates efficient exercise, have surged as a result.
Company Profiling
Major key players in the global baselayer compression shirts market include PUMA SE, Under Armour, Inc., Adidas AG, Nike, Inc., Zensah, Leonisa SA, Decathlon, Canterbury, Spanx, LLC, 2XU, DragynSkyn, SKINS Compression US, and others.
Recent Developments
- In August 2024, 2XU announced that it has partnered with Pattern, an e-commerce accelerator and marketplace, to reposition its global operations and enhance its reputation as a leading technical athletic brand in a variety of geographical areas. 2XU has been able to simplify its distribution strategy through the partnership, moving from a multi-channel model to a direct-to-consumer (D2C) strategy. This has allowed the business to raise the average selling price of its items by 25% and attain an 80% full-price sales rate.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global baselayer compression shirts market based on the below-mentioned segments:
Global Baselayer Compression Shirts Market, By Product
- Sleeveless
- Short Sleeve
- Long Sleeve
Global Baselayer Compression Shirts Market, By Distribution Channel
- Supermarkets & Hypermarkets
- Online
- Specialty Stores
- Others
Global Baselayer Compression Shirts Market, By End-User
Global Baselayer Compression Shirts Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa