Japan Compression Sportswear Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Shirts, Shorts, Tights/Leggings, Innerwear, and Others), By End-User (Men, Women, and Children), and Japan Compression Sportswear Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsJapan Compression Sportswear Market Insights Forecasts to 2033
- The Japan Compression Sportswear Market Size was valued at USD 201.64 Million in 2023
- The Market Size is Growing at a CAGR of 7.09% from 2023 to 2033
- The Japan Compression Sportswear Market Size is Expected to Reach USD 399.88 Million by 2033
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The Japan Compression Sportswear Market Size is Anticipated to Reach USD 399.88 Million by 2033, Growing at a CAGR of 7.09% from 2023 to 2033.
Market Overview
The Japan compression sportswear market refers to the industry in Japan that focuses on performance-enhancing athletic apparel designed to provide muscle support, improve circulation, and reduce fatigue. One of the main factors propelling the Japanese compression sportswear industry is the country's population's increasing emphasis on fitness and health. In Japan, more people are engaging in sports, gym sessions, and outdoor fitness activities as a result of growing knowledge of the advantages of leading an active lifestyle. For example, the Japanese government's programs, like the "Health Japan 21" campaign, are designed to encourage regular exercise and physical activity for people of all ages, which will help the country's economy flourish. Performance-enhancing clothing, including compression gear, which helps support muscles, enhances circulation, and lessens fatigue, is in greater demand in Japan as a result of this increase in physical activity. The Japanese compression sportswear market is anticipated to grow steadily as long as consumers there continue to place a high value on fitness and wellness.
Report Coverage
This research report categorizes the market for the Japan compression sportswear based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan compression sportswear market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan compression sportswear market.
Japan Compression Sportswear Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | 201.64 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 7.09% |
2033 Value Projection: | USD 399.88 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 178 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Product Type, By End-User |
Companies covered:: | Yakult Honsha Co., Ltd., Morinaga Milk Industry Co., Ltd., Meiji Co., Ltd., Asahi Holdings, Nissin Food Products Co., Ltd., Hikari Miso International Inc., BioGaia Japan, and Others. |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
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Driving Factors
Growing fitness consciousness, improvements in fabric technology, and a growing preference for clothing that improves performance are the main factors propelling the compression sportswear market in Japan. The market is growing as a result of consumers seeking compression garments for better circulation, quicker recovery, and muscular support. Demand is further accelerated by rising sports and fitness involvement, professional athletes' impact, and social media. Furthermore, the incorporation of eco-friendly, breathable, and moisture-wicking fabrics improves the product's appeal. Wider adoption is facilitated by the expansion of e-commerce and the accessibility of high-end domestic and foreign brands. According to trends, smart compression gear with built-in sensors for performance monitoring and customizable choices to suit personal tastes is becoming more and more popular.
Restraining Factors
One major obstacle facing the Japanese market is the high price of high-end compression apparel. Because of increased production costs brought on by sustainable materials, smart features, and advanced fabric technologies, high-quality compression clothing is less affordable for consumers who are price-conscious.
Market Segmentation
The Japan compression sportswear market share is classified into product type and end-user.
- The shirts segment is expected to hold a significant market share through the forecast period.
The Japan compression sportswear market is segmented by product type into shirts, shorts, tights/leggings, innerwear, and others. Among these, the shirts segment is expected to hold a significant market share through the forecast period. This is because of their capacity to increase circulation, support muscles, and wick away sweat, compression shirts are widely utilized and well-liked by athletes and gym-goers.
- The men segment is expected to hold a significant market share through the forecast period.
The Japan compression sportswear market is segmented by end-user into men, women, and children. Among these, the men segment is expected to hold a significant market share through the forecast period. This is due to their active participation in jogging, gym exercises, and competitive sports, men make up the majority of the market, which increases demand for compression shirts, shorts, and leggings.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan compression sportswear market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Yakult Honsha Co., Ltd.
- Morinaga Milk Industry Co., Ltd.
- Meiji Co., Ltd.
- Asahi Holdings
- Nissin Food Products Co., Ltd.
- Hikari Miso International Inc.
- BioGaia Japan
- Others
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 Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Compression Sportswear Market based on the below-mentioned segments:
Japan Compression Sportswear Market, By Product Type
- Shirts
- Shorts
- Tights/Leggings
- Innerwear
- Others
Japan Compression Sportswear Market, By End-User
- Men
- Women
- Children
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