Asia Pacific Compression Stockings Market Outlook, 2029

The Asia Pacific Compression Stockings Market is expected to reach a staggering USD 2.8 billion by 2028, driven by rise in disposable income.

According to publisher, The Asia-Pacific (APAC) compression stockings market is experiencing a surge, fueled by a burgeoning middle class, rising disposable income, and growing awareness of health and wellness. This report dives deep into this exciting market, exploring its growth potential, driving forces, segmentation variations, regional strengths, and the evolving competitive landscape. Market Insights

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Market Size and Growth: The APAC compression stockings market is expected to reach a staggering USD 2.8 billion by 2028, with a projected Compound Annual Growth Rate (CAGR) of around 7.8% during the forecast period 2023-2028. This growth signifies the immense potential of this market and its increasing importance in the healthcare landscape. Shifting Demographics and Rising Awareness: The APAC region has a large and rapidly growing population, with a significant portion falling under the geriatric category. This demographic shift, coupled with increasing awareness of circulatory problems like varicose veins and lymphedema, is driving demand for compression stockings. Evolving Retail Landscape: Similar to other regions, online marketplaces are gaining significant traction in APAC. Consumers are increasingly turning to online platforms for convenience, wider product selection, and competitive pricing. This trend is particularly beneficial for new entrants and brands targeting specific demographics.

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Manmayi Raval

Manmayi Raval

Research Consultant

Market Dynamics Growing Disposable Income: The APAC region is witnessing a rise in disposable income, particularly in emerging economies like China and India. This empowers consumers to invest in preventative healthcare measures like compression stockings. Focus on Active Lifestyles: The increasing popularity of fitness activities and participation in sports like marathons and running is driving the demand for compression socks that enhance performance and recovery. Brands like CEP and Asics are entering the APAC market to cater to this segment.

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Manmayi Raval

Government Initiatives: Some APAC governments are launching initiatives to promote preventive healthcare measures. This can lead to increased awareness and adoption of compression stockings as a preventative tool for leg health problems. Market Segments By Application: Similar to the global trend, medical applications (varicose veins, lymphedema) hold the largest share in APAC. However, the athletic and wellness segments are experiencing the fastest growth, driven by the aforementioned factors. By Compression Level: Compression stockings come in various levels measured in mmHg. Medical-grade stockings typically have higher compression levels for therapeutic purposes, while lighter compression is used for athletic performance and general leg wellness. By Distribution Channel: Traditionally, pharmacies and medical supply stores dominated the APAC market. However, online retailers, sporting goods stores, and direct-to-consumer brands are capturing a growing market share, particularly for athletic and wellness applications. Regional Analysis China: China is the leading market in APAC due to its massive population, increasing healthcare awareness, and government initiatives promoting preventative healthcare. Major cities with a high concentration of healthcare facilities and active lifestyles see a particularly strong demand. India: India is a promising market with a rapidly growing middle class and rising disposable income. Awareness of compression stockings is increasing, and the market is expected to witness significant growth in the coming years. Companies like Medi and Sigvaris are establishing a presence in India. Japan: Japan has a well-established healthcare system and a high geriatric population, making it a mature market for compression stockings. Japanese consumers value quality and functionality, and domestic brands like Fukusuke and Gunze enjoy strong brand loyalty. Key Developments Focus on Innovation: APAC manufacturers are introducing new technologies and materials in compression stockings. Examples include moisture-wicking fabrics, antimicrobial properties, and graduated compression designs for better comfort and targeted support. Brands like Bauerfeind are expanding their presence in the region. Localization and Cultural Relevance: Companies are tailoring their products and marketing strategies to resonate with local preferences. This includes offering a wider range of sizes to cater to the Asian body type and developing culturally relevant marketing campaigns. Rise of Influencer Marketing: Social media influencers are playing a growing role in promoting compression stockings in APAC, particularly for athletic and wellness uses. Collaborations with fitness enthusiasts and health professionals can significantly influence consumer purchasing decisions. Competitive Landscape Established Medical Device Companies: International medical device companies like Sigvaris, Medi, and Juzo are present in the APAC region, particularly in the medical-grade segment. These companies leverage their brand reputation and established distribution networks in hospitals and pharmacies. Local Players: The APAC market has a strong presence of local and regional players like Fukusuke (Japan) and MediQool (India). These companies understand local preferences and offer competitive pricing, making them strong contenders in the market. Emerging Athletic Brands: Global athletic brands like Nike and Adidas are entering the APAC market with performance-oriented compression socks. They leverage their existing brand loyalty and distribution channels in sporting goods stores to reach a wider audience of athletes and fitness enthusiasts. Direct-to-Consumer (D2C) Startups: Several D2C startups are disrupting the APAC market by offering innovative designs, competitive pricing, and convenient online shopping experiences. These companies often target younger demographics and utilize social media marketing and influencer partnerships to reach their target audience. Examples include Australian company Echt and Chinese brand Moye. Focus on Sustainability: As environmental consciousness grows in APAC, some companies are using recycled materials and eco-friendly manufacturing processes to create sustainable compression stockings. This resonates with a growing segment of consumers who value environmentally responsible products. Patagonia offers a line of recycled capilene cool lightweight compression socks in some APAC countries. Challenges and Future Outlook Despite the promising growth projections, the APAC compression stockings market faces some challenges: Lack of Awareness: While awareness is increasing, there is still a need to educate the public about the benefits of compression stockings, particularly for preventive and athletic uses. Educational campaigns targeted at specific demographics can help address this gap. Counterfeit Products: The growing popularity of compression stockings has led to an increase in counterfeit products in APAC. These products can be ineffective and even harmful to consumers. Regulatory measures and consumer awareness campaigns are crucial to address this issue. Limited Reimbursement: Reimbursement for compression stockings by insurance companies in APAC can be limited, particularly for non-medical grade options. This can hinder patient access, especially for those who rely on insurance coverage for medical supplies. Future Outlook The APAC compression stockings market is poised for continued growth in the coming years, driven by several key trends: Digitalization and E-commerce Growth: The continued growth of e-commerce platforms will provide wider access to compression stockings for consumers across the APAC region. This can benefit both established brands and new entrants. Personalization: Companies will offer more personalized compression stocking options, considering factors like leg size, medical conditions, activity level, and cultural preferences. This could involve size customization or app-based recommendations for compression levels. Focus on Specific Applications: The market will see a growing focus on compression stockings for specific applications, such as travel-specific socks for long flights or maternity compression socks to improve circulation during pregnancy. Recommendations for Success To thrive in this evolving market, here are some recommendations for compression stocking companies in APAC: Focus on Innovation: Develop new and innovative products that cater to diverse consumer needs and preferences, including functionality, aesthetics, sustainability, and affordability. Invest in Education and Awareness: Increase public awareness about the benefits of compression stockings through targeted educational campaigns and partnerships with healthcare professionals and fitness organizations. Embrace Sustainability: Implement sustainable practices throughout the supply chain to attract eco-conscious consumers and differentiate your brand. Leverage Digital Marketing: Utilize digital marketing strategies like search engine optimization (SEO), social media marketing, and influencer partnerships to reach a wider audience and build a strong online presence. Offer Excellent Customer Service: Provide exceptional customer service to build brand loyalty, encourage repeat purchases, and address any concerns regarding sizing, fit, and product benefits. Conclusion The Asia-Pacific compression stockings market presents a dynamic and exciting landscape for manufacturers, retailers, and healthcare providers alike. By focusing on innovation, addressing regional nuances, catering to diverse consumer needs, and embracing sustainability, companies can capitalize on the growing demand for these health and wellness products. As the market continues to evolve, the future of compression stockings in APAC looks promising, offering a world of possibilities for improved leg health and well-being for a wider population segment.

Table of Contents

  • 1 Introduction 7
  • 1.1 Industry Definition and Research Scope 7
  • 1.1.1 Industry Definition 7
  • 1.1.2 Research Scope 8
  • 1.2 Research Methodology 11
  • 1.2.1 Overview of Market Research Methodology 11
  • 1.2.2 Market Assumption 12
  • 1.2.3 Secondary Data 12
  • 1.2.4 Primary Data 12
  • 1.2.5 Data Filtration and Model Design 13
  • 1.2.6 Market Size/Share Estimation 14
  • 1.2.7 Research Limitations 15
  • 1.3 Executive Summary 16
  • 2 Market Overview and Dynamics 19
  • 2.1 Market Size and Forecast 19
  • 2.1.1 Impact of COVID-19 on World Economy 20
  • 2.1.2 Impact of COVID-19 on the Market 23
  • 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
  • 2.2 Major Growth Drivers 29
  • 2.3 Market Restraints and Challenges 34
  • 2.4 Emerging Opportunities and Market Trends 37
  • 2.5 Porter’s Fiver Forces Analysis 41
  • 3 Segmentation of Asia Pacific Market by Style 45
  • 3.1 Market Overview by Style 45
  • 3.2 Knee High 47
  • 3.3 Thigh High 48
  • 3.4 Other Styles 49
  • 4 Segmentation of Asia Pacific Market by Product Type 50
  • 4.1 Market Overview by Product Type 50
  • 4.2 Graduated Compression Stockings 52
  • 4.3 Anti-embolism Stockings 53
  • 4.4 Nonmedical Support Hosiery 54
  • 5 Segmentation of Asia Pacific Market by Demography 55
  • 5.1 Market Overview by Demography 55
  • 5.2 Men 57
  • 5.3 Women 58
  • 6 Segmentation of Asia Pacific Market by Application 59
  • 6.1 Market Overview by Application 59
  • 6.2 Varicose Vein 61
  • 6.3 Wound Care 62
  • 6.4 Burns 63
  • 6.5 Oncology 64
  • 6.6 Other Applications 65
  • 7 Segmentation of Asia Pacific Market by Distribution Channel 66
  • 7.1 Market Overview by Distribution Channel 66
  • 7.2 Hospitals & Clinics 68
  • 7.3 Ambulatory Surgical Centers (ASCs) 69
  • 7.4 Retail Pharmacies & Drug Stores 70
  • 7.5 Online Stores 71
  • 7.6 Other Distribution Channels 72
  • 8 Asia-Pacific Market 2022-2032 by Country 73
  • 8.1 Overview of Asia-Pacific Market 73
  • 8.2 Japan 76
  • 8.3 China 79
  • 8.4 Australia 81
  • 8.5 India 83
  • 8.6 South Korea 85
  • 8.7 Rest of APAC Region 87
  • 9 Competitive Landscape 89
  • 9.1 Overview of Key Vendors 89
  • 9.2 New Product Launch, Partnership, Investment, and M&A 92
  • 9.3 Company Profiles 93
  • 2XU Pty Ltd. 93
  • 3M Company 95
  • Bauerfeind AG 96
  • BSN Medical GmbH 97
  • Creswell Sock Mills 98
  • Gloria Med Spa 99
  • Leonisa 100
  • Medi GmbH & Co. KG 101
  • Santemol Group Medikal 102
  • Sigvaris AG 103
  • Spanx Inc. 104
  • Therafirm 105
  • Thuasne 106
  • Triumph International Corporation 107
  • Zhende Medical Group 108
  • RELATED REPORTS 109



Table 1. Snapshot of Asia Pacific Compression Stockings Market in Balanced Perspective, 2022-2032 17
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. World Health Spending by Region, $ bn, 2013-2020 33
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Compression Stockings Market 37
Table 7. Asia Pacific Compression Stockings Market by Style, 2022-2032, $ mn 45
Table 8. Asia Pacific Compression Stockings Market by Product Type, 2022-2032, $ mn 50
Table 9. Asia Pacific Compression Stockings Market by Demography, 2022-2032, $ mn 55
Table 10. Asia Pacific Compression Stockings Market by Application, 2022-2032, $ mn 59
Table 11. Asia Pacific Compression Stockings Market by Distribution Channel, 2022-2032, $ mn 66
Table 12. APAC Compression Stockings Market by Country, 2022-2032, $ mn 74
Table 13. Japan Compression Stockings Market by Style, 2022-2032, $ mn 78
Table 14. Japan Compression Stockings Market by Application, 2022-2032, $ mn 78
Table 15. Japan Compression Stockings Market by Distribution Channel, 2022-2032, $ mn 78
Table 16. China Compression Stockings Market by Style, 2022-2032, $ mn 80
Table 17. China Compression Stockings Market by Application, 2022-2032, $ mn 80
Table 18. China Compression Stockings Market by Distribution Channel, 2022-2032, $ mn 80
Table 19. Australia Compression Stockings Market by Style, 2022-2032, $ mn 82
Table 20. Australia Compression Stockings Market by Application, 2022-2032, $ mn 82
Table 21. Australia Compression Stockings Market by Distribution Channel, 2022-2032, $ mn 82
Table 22. India Compression Stockings Market by Style, 2022-2032, $ mn 84
Table 23. India Compression Stockings Market by Application, 2022-2032, $ mn 84
Table 24. India Compression Stockings Market by Distribution Channel, 2022-2032, $ mn 84
Table 25. South Korea Compression Stockings Market by Style, 2022-2032, $ mn 86
Table 26. South Korea Compression Stockings Market by Application, 2022-2032, $ mn 86
Table 27. South Korea Compression Stockings Market by Distribution Channel, 2022-2032, $ mn 86
Table 28. Compression Stockings Market in Rest of APAC by Country/Region, 2022-2032, $ mn 88
Table 29. 2XU Pty Ltd.: Company Snapshot 93
Table 30. 2XU Pty Ltd.: Business Segmentation 94
Table 31. 2XU Pty Ltd.: Product Portfolio 94



Figure 1. Research Method Flow Chart 11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 16
Figure 4. Asia Pacific Compression Stockings Market, 2022-2032, $ mn 19
Figure 5. Impact of COVID-19 on Business 23
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Compression Stockings Market 29
Figure 7. Worldwide Geriatric Population (60 years and above) by Region, 2015 & 2030, million 32
Figure 8. World Population 65 and Over, % of Total Population, 1950-2060 32
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Compression Stockings Market 34
Figure 10. Investment Opportunity Analysis 38
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Compression Stockings Market 41
Figure 12. Breakdown of Asia Pacific Compression Stockings Market by Style, 2022-2032, % of Revenue 46
Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Style, Value ($ mn) and Share (%) 46
Figure 14. Asia Pacific Compression Stockings Market by Style: Knee High, 2022-2032, $ mn 47
Figure 15. Asia Pacific Compression Stockings Market by Style: Thigh High, 2022-2032, $ mn 48
Figure 16. Asia Pacific Compression Stockings Market by Style: Other Styles, 2022-2032, $ mn 49
Figure 17. Breakdown of Asia Pacific Compression Stockings Market by Product Type, 2022-2032, % of Sales Revenue 51
Figure 18. Asia Pacific Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 51
Figure 19. Asia Pacific Compression Stockings Market by Product Type: Graduated Compression Stockings, 2022-2032, $ mn 52
Figure 20. Asia Pacific Compression Stockings Market by Product Type: Anti-embolism Stockings, 2022-2032, $ mn 53
Figure 21. Asia Pacific Compression Stockings Market by Product Type: Nonmedical Support Hosiery, 2022-2032, $ mn 54
Figure 22. Breakdown of Asia Pacific Compression Stockings Market by Demography, 2022-2032, % of Sales Revenue 56
Figure 23. Asia Pacific Addressable Market Cap in 2023-2032 by Demography, Value ($ mn) and Share (%) 56
Figure 24. Asia Pacific Compression Stockings Market by Demography: Men, 2022-2032, $ mn 57
Figure 25. Asia Pacific Compression Stockings Market by Demography: Women, 2022-2032, $ mn 58
Figure 26. Breakdown of Asia Pacific Compression Stockings Market by Application, 2022-2032, % of Revenue 60
Figure 27. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 60
Figure 28. Asia Pacific Compression Stockings Market by Application: Varicose Vein, 2022-2032, $ mn 61
Figure 29. Asia Pacific Compression Stockings Market by Application: Wound Care, 2022-2032, $ mn 62
Figure 30. Asia Pacific Compression Stockings Market by Application: Burns, 2022-2032, $ mn 63
Figure 31. Asia Pacific Compression Stockings Market by Application: Oncology, 2022-2032, $ mn 64
Figure 32. Asia Pacific Compression Stockings Market by Application: Other Applications, 2022-2032, $ mn 65
Figure 33. Breakdown of Asia Pacific Compression Stockings Market by Distribution Channel, 2022-2032, % of Revenue 67
Figure 34. Asia Pacific Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 67
Figure 35. Asia Pacific Compression Stockings Market by Distribution Channel: Hospitals & Clinics, 2022-2032, $ mn 68
Figure 36. Asia Pacific Compression Stockings Market by Distribution Channel: Ambulatory Surgical Centers (ASCs), 2022-2032, $ mn 69
Figure 37. Asia Pacific Compression Stockings Market by Distribution Channel: Retail Pharmacies & Drug Stores, 2022-2032, $ mn 70
Figure 38. Asia Pacific Compression Stockings Market by Distribution Channel: Online Stores, 2022-2032, $ mn 71
Figure 39. Asia Pacific Compression Stockings Market by Distribution Channel: Other Distribution Channels, 2022-2032, $ mn 72
Figure 40. Breakdown of APAC Compression Stockings Market by Country, 2022 and 2032, % of Revenue 74
Figure 41. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 75
Figure 42. Compression Stockings Market in Japan, 2022-2032, $ mn 77
Figure 43. Compression Stockings Market in China, 2022-2032, $ mn 79
Figure 44. Compression Stockings Market in Australia, 2022-2032, $ mn 81
Figure 45. Compression Stockings Market in India, 2022-2032, $ mn 83
Figure 46. Compression Stockings Market in South Korea, 2022-2032, $ mn 85
Figure 47. Compression Stockings Market in Rest of APAC, 2022-2032, $ mn 87
Figure 48. Growth Stage of Asia Pacific Compression Stockings Industry over the Forecast Period 89
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Asia Pacific Compression Stockings Market Outlook, 2029

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