Japan is projected to see growth each year throughout the forecast period from 2022 to 2027, with annual growth rates ranging from 7.99% to 9.04%. In 2022, Japan was the smallest market, and it is expected to remain the smallest segment through 2027. The country will achieve a compound annual growth rate (CAGR) of 8.54% from 2022 to 2027, outpacing the overall market growth. Among key countries, Japan will be the fastest growing, with its market value rising from $244.05 million in 2022 to $367.57 million in 2027, contributing 4.57% to the overall market’s incremental growth during this period.
Japan accounted for 3.75% of the global compression wear and shapewear market in 2022, with its share expected to increase to 3.99% by 2027.
SIMA Elects Durai Palanisamy as Chairman Amidst US Tariff Challenges
Trump’s 50% Tariff Poses Major Threat to Indian Textile Industry
Indian Textile Industry Adopts Green Strategy for Global Growth