Compression Stockings Market to Grow with a CAGR of 6.3% through 2029

Increasing prevalence of venous diseases and advancements in material technology are driving the Global Compression Stockings Market in the forecast period 2025-2029.

According to TechSci Research report, “Compression Stockings Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the Global Compression Stockings Market stood at USD 2.19 Billion in 2023 and is anticipated to grow with a CAGR of 6.3% in the forecast period through 2029. 

The adoption of compression stockings in the sports and fitness industry is another noteworthy driver of the global market. Athletes, both professional and amateur, have increasingly embraced compression stockings as performance-enhancing gear. Compression garments are believed to aid in muscle recovery, reduce muscle soreness, and enhance overall athletic performance. This trend has expanded beyond traditional sports to include various fitness activities, contributing to the growing demand for compression stockings. As more individuals recognize the potential benefits of compression therapy in the context of physical activity, the market is likely to witness further growth, especially among health-conscious consumers.

In many healthcare systems, coverage for compression stockings under insurance plans may be limited or non-existent. This lack of comprehensive insurance coverage can pose a challenge for patients who require compression stockings for medical reasons but face financial barriers. Insurance companies may view compression stockings as non-essential or cosmetic, leading to limited reimbursement options for patients. Advocating for broader insurance coverage and reimbursement policies that recognize the medical necessity of compression stockings is essential to ensuring that patients have affordable access to these therapeutic garments. Collaborative efforts between healthcare providers, manufacturers, and policymakers are needed to address these coverage gaps and improve reimbursement for compression stockings.

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The Global Compression Stockings Market is segmented into type, distribution channel, regional distribution and company.

The global compression stockings market is experiencing a notable upswing in demand through online sales channels. The convenience, accessibility, and expansive product offerings provided by e-commerce platforms have contributed significantly to this trend. Consumers increasingly prefer the ease of browsing and purchasing compression stockings from the comfort of their homes, eliminating the need for physical visits to traditional brick-and-mortar stores. Online platforms offer a diverse range of compression stockings, catering to different compression levels, styles, and sizes, providing consumers with a wider selection compared to local retail outlets.

The rising demand from online sales channels can be attributed to the growing adoption of digital commerce globally. E-commerce not only provides a seamless shopping experience but also allows consumers to access product reviews, compare prices, and make informed decisions. The ability to reach a global audience, coupled with the convenience of doorstep delivery, has fueled the surge in online sales of compression stockings. Manufacturers and retailers in the compression stockings market are adapting to this trend by enhancing their online presence, optimizing user interfaces, and implementing effective marketing strategies to tap into the expanding consumer base that prefers the online shopping experience for their healthcare needs.

Major companies operating in Global Compression Stockings Market are:

• Triumph Home Health Supplies, Inc.
• Zensah Company LLC
• 2XU Pty Ltd.
• Creswell Sock Mills
• Elicit Brands, LLC (Swiftwick)
• European Lingerie Group
• Decathlon
• Enovis Corporation
• Spanx, LLC
• FIGS, Inc.

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“There is a growing emphasis on sustainability and eco-friendly practices in the manufacturing of compression stockings. As consumers become more environmentally conscious, they are seeking products that align with their values. Manufacturers are responding by exploring sustainable materials, eco-friendly production processes, and recyclable packaging for compression stockings. Additionally, there is a trend towards developing compression stockings with longer lifespans, reducing the frequency of replacements and minimizing waste. Companies that prioritize sustainability are not only meeting the demands of environmentally conscious consumers but are also differentiating themselves in a competitive market by promoting ethical and eco-friendly practices”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Compression Stockings Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Knee High, Thigh High), By Distribution Channel (Online, Offline), By Region & Competition, 2019-2029F", has evaluated the future growth potential of Global Compression Stockings Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Compression Stockings Market.

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