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Why do we need to be wholesale shapewear suppliers?

Published by admin July 19,2022

Shapewear is a tool to help women get rid of bad habits and improve their body shape. Shapewear is to perfect the body shape by pushing fat, and the body shape will be well improved by long-term wear. Nowadays, shapewear is becoming more and more popular. Therefore, it is very good to become wholesale shapewear suppliers.

 

The total market revenue of the global shapewear industry in 2014 was approximately US$4.06 billion and reached US$4.76 billion in 2018. It is predicted to reach US$6.29 billion in 2025, with an average annual growth rate of 4.06% from 2017 to 2025. The main reason for promoting this market is the improvement of people's living standards and the increasing pursuit of health and physical beauty.

wholesale shapewear suppliers

 

The global shapewear industry demand reached 140 million pieces in 2018 and is expected to reach 199 million pieces in 2025, with an average annual growth rate of 5.21% from 2018 to 2025. At present, the three giants in the global shapewear industry are Triumph, Nike, and Spanx. The total sales of shapewear in 2018 were nearly $1.027 billion, accounting for 21.58% of total global sales.

 

The shapewear industry is mainly concentrated in North America, Europe, China, Japan, and other countries and regions. Currently, the United States is the largest production area. From a consumer perspective, China’s body-shaping clothing industry accounted for 17.97% of global sales in 2018. China’s huge market demand and growth potential have attracted almost all international giants to carry out related businesses in China; at the same time, domestic companies represented by Huijie It has also achieved rapid development in the past few years, and its domestic market share has continued to rise.

 

At present, the main types of shapewear on the market include shaping, sports, and medical shapewear. At present, sports shapewear has an advantageous position in sales. In the future, with the development of technology and the improvement of downstream customers’ requirements for shapewear, shapewear will There will be greater development potential.

 

Therefore, it is very advantageous to become wholesale shapewear suppliers. The broad market demand and rising industry trends have provided many opportunities for wholesale shapewear suppliers.

 

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