The European compression garments market is growing at a CAGR of 4.5% during the forecast period. Europe is among the largest markets for compression garments and will lead the market during the forecast period, with rising demand from Germany, Italy, France, UK, and Spain. However, the COVID-19 pandemic has disrupted nearly all the major end-user industries in Europe, resulting in decreased demand for compression garments. The market witnessed a slowdown in H1 2020 as COVID-19 led the decline in cosmetic surgeries, sports events, closure of gyms and offices, as well as the general marketplace. This resulted in reducing the new sales of compression garments, with a heavy effect on post-surgery compression garments and sports garments.

The European compression garments market is segmented based on product type, application, and distribution channel. Based on product type, the compression garments market is segmented into shapewear, compression tapes, facial garments, full-body garments, and lower and upper extremities garments. Based on application, the compression garments market is segmented into healthcare, sports, and slimwear. Based on the distribution channels, the market is classified into the pharmacy and offline retail, and online.

Country-wise, the market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany was the largest compression garments market in Europe with a significant revenue share in 2019. The country has one of the highest individuals with diabetes, and the prevalence rate of diabetes is about 13.5%. Around 10% of 82 million people in the country have diabetes. Factors such as the presence of a large disease pool, high awareness about diabetes management, satisfactory public healthcare coverage for treatment, better product accessibility, well-established healthcare delivery, and availability of a well-established distribution network are contributing to market growth in the country.

Research Methodology

The market study of the European compression garments market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. European Compression Garments Market Research and Analysis by Product Type
2. European Compression Garments Market Research and Analysis by Application
3. European Compression Garments Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the European compression garments market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European compression garments market.
• Insights about market determinants that are stimulating the European compression garments market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.