Market Overview:
Corset Market Size Was Valued at USD 127.52 Billion in 2022, and is Projected to Reach USD 175.88 Billion by 2030, Growing at a CAGR of 4.7% From 2023-2030.
To achieve the desired shape, a corset is a piece of clothing worn primarily to shape and train the body or waist. Generally speaking, the main goal of wearing a corset is to simply enlarge the bottoms and make the waist smaller. They can be worn for a variety of reasons, primarily aesthetic or therapeutic ones. In the past, women wore it more often, but now men are also buying it. There are numerous shapes, colors, fits, and patterns for corsets. Other than that, steel and plastic skeleton corsets can be worn underneath or over clothing, as an over-the-bust, under-the-bust, and in less curvy styles. It can be worn both by itself and with other outfits. Additionally, they come in a variety of styles, including zip-ups, lace-ups, eye closures, and hooks. Lace, satin, velvet, brocade, leather, cotton, and twill are all acceptable materials for it.
Top Key Players Covered In The Corset Market:
- VOLLERS (Canada)
- ADOREME (U.S.)
- Easto Garments (India)
- DarkLure
- Organic Corset Co. (U.S.)
- Axfords (U.K.)
- Dark Garden (U.S.)
- Isabella (U.S.)
- Versatile (U.S.), and Other Major Players
Market Dynamics and Factors:
The rapidly growing e-commerce and fashion industry is driving the corset market. The most common and well-known use of corsets is to slim the body and make it conform to a fashionable silhouette. For women, this most frequently emphasizes a curvy figure by reducing the waist. Over the years countless designers have reimagined them. A remarkable comeback was in 1970 when British designer Vivienne Westwood revolutionized them by using them as a staple of her punk aesthetic and women’s empowerment, adopting them not as underwear but as outerwear.
The availability of a wide range of raw materials and potential growth opportunity in emerging countries such as China and India is expected to grow the corset market. Corsets were made of a variety of materials, depending on the period and the fineness of the article. The main fabric for the body of the corset might have been linen, stiffened with paste or starch. Lower-class women would have worn corsets of cheap, sturdy cotton cloth. Corsets were also made of decorative fabrics like satin or silk. Corset makers were driven to find substitute materials. They used cane or steel, and later plastic. The corset maker inserted thin slivers of whalebone into the corset to hold its shape. Whalebone was also used in some corsets for a front piece called the busk. The busk gave a smooth line to the front of the corset and was also sometimes made of wood, horn, or steel.
Corset Market Report Highlight:
- By type, the Faux Leather corset segment is anticipated to lead the growth of the Corset market in the forecasted timeframe. Faux leather is a very durable fabric that will last a long time with the right care. It has a similar look and feel to genuine leather, but can withstand scratches and scrapes.
- By application, the fashion segment is expected to have the highest share of the Corset market over the projected period. The corset has been a major trend for over a year now, with the garment being a manifestation of the underwear-as-outerwear trend, where lingerie elements are integrated into everyday dressing
- The North American region is expected to have the highest share of the Corset market over the projected period due to the fashion centered on high waistlines, narrow skirts, and large busts of women from North America.
Key Industry Development:
In August 2023, sculptured by Fred Astaire introduces its "Genderless Corset Collection," designed to transcend traditional notions of femininity and masculinity, embracing inclusivity and self-expression through corsetry.
In January 2023, this campaign features a wide range of models representing various body types, all confidently showcasing the brand's exquisite corsets. The "Beyond Beauty" campaign is a statement of individual empowerment and inclusivity, challenging conventional beauty standards and emphasizing the beauty in diversity.
Corset Market Segmentation:
By Type
- Leather corset
- PVC corset
- Faux Leather Corset
- Others
By Application
- Fashion
- Fetish
- Medical
For this report, Introspective Market Research has segmented the Corset Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA