Global Compression Garments and Stockings Industry to Expand at 4.9% CAGR, and Projected a Valuation of US$ 3.9 Billion by 2029 | Says FMI Analyst

The Global Compression Garments and Stockings Industry is poised for significant growth, forecasting a Compound Annual Growth Rate (CAGR) of 4.9%. From its valuation of US$ 2.8 Billion in 2022, the market is anticipated to surge to an impressive US$ 3.9 Billion by the year 2029. Manufacturers of compression garments and stockings would maintain their …

Compression Garments and Stockings Industry at 4.9% CAGR, Expected to Reach US$ 3.9 Billion by 2029 | FMI

As per FMI’s analysis, the worldwide market for compression garments and stockings is poised for significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 4.9%. This growth is expected to elevate the market’s value from US$ 2.8 Billion in 2022 to an estimated US$ 3.9 Billion by 2029. The increasing frequency of new product launches, …