European compression garments is estimated to record a healthy CAGR during the forecast period (2020-2026). In terms of key applications for compression garments, there are several factors that modulate the demand and sales of compression garments in Europe, such as the patient pool with surgeries, wounds, pregnancies, sports, aging population, and the emergence of a larger consumer pool with diabetes, obesity, and lymphedema. In addition, Europe is witnessing an increase in per capita disposable income among end consumers segments. The rise in disposable income levels is driving the overall retail market in the region. Apart from macroeconomic indicators that have affected the customer base, making them more price-sensitive, European regulations continued to become more stringent, pushing OEMs to develop products and norms to suit the regulatory aspect of the market and at the same time comply with stringent regulations that require high investment in R&D.
Browse the full report description European Compression Garments Market Size, Share & Trends Analysis Report by Product Type (Shapewear, Compression Tapes, Facial Garments, Full Body Garments, Lower and Upper Extremities Garments), by Application (Healthcare, Sports, and Slimwear), and by Distribution Channel (Pharmacy and Offline Retail, and Online) Forecast Period (2020-2026) at https://www.omrglobal.com/industry-reports/european-compression-garments-market
However, the compression garments market in Europe is competitive and almost saturated. Declining birth rates, low fertility rates, and nil product innovation can make the market more competitive for garment types such as abdominal binders and face, arm, and shoulders but can positively impact the segments such as slimwear, joint support, and bodysuits to combat conditions such as diabetes ulcers, wounds, and lymphedema. However, there is some driving force also present in the European market, such as increasing literacy rates among women and booming healthcare and general wellbeing specialty pharmacy stores. The UK, France, Germany, Italy, and Spain are the major countries for the compression garments market in the region.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID-19 forecast
o Most affected region/segment
European Compression Garments Market Report Segment
By Product Type
By Application
By Distribution Channel
European Compression Garments Market Report Segment
To learn more about this report request a free sample copy
@ https://www.omrglobal.com/request-sample/european-compression-garments-market