Corset Market Synopsis

Global Corset Market Size Was Valued at USD 140.32 Million In 2023 And Is Projected to Reach USD 215.82 Million By 2032, Growing at A CAGR of 4.9% From 2023 To 2032.

A corset is a garment worn primarily to train and shape the body or waist in order to achieve the desired shape. Generally speaking, the primary purpose of wearing a corset is to make the waist smaller and the bottoms larger. They can be worn for various purposes, primarily for fashion or medical reasons. It was primarily worn by women in the past, but men are now investing in it as well.

• There are a variety of shapes, colors, sizes, and patterns available for corsets. Aside from this, overbust, underbust, and less curvaceous steel and plastic skeleton corsets can be worn under or over the clothing. Additionally, it can be worn alone or with other garments. In addition, they can have various styles, such as zippers, laces, eyelets, and hooks. Lace, satin, velvet, brocade, leather, cotton, or twill may be used.
• Many medical applications exist for corsets, particularly those made of steel bone. It can be utilized to maintain body posture, heal past internal injuries, and shape the body.
• The expansion of E-commerce industries, the rapid expansion of the fashion industry, the availability of a wide variety of products, and the presence of attractive marketing and promotional strategies are all factors that contribute to the expansion of the market. In the coming years, emerging economies will experience positive growth due to rapid urbanization, rising living standards, and rising disposable incomes.

The Corset Market Trend Analysis

Change in Lifestyle Incurs Increased Investment in Fitness and Related Accessories

• Changing lifestyles and rising demand for healthcare products have a substantial impact on the corset market. Changes in societal norms, technological advancements, and a greater emphasis on health and wellness have all contributed to these alterations in lifestyle.
• The rise of social media is a major trend that has influenced lifestyle changes. Platforms like Instagram and YouTube have created a culture of contemporary lifestyles as they have grown in popularity. Therefore, people have made substantial investments in novel product types, such as corsets.
• The corset has a number of advantages, including its ability to alleviate back pain and improve posture, as well as its ability to treat past injuries and wear-and-tear injuries. It can help stabilize the spinal curvature of patients with scoliosis, kyphosis, and lordosis and relieve their back pain and muscle tension. In addition, corsets can conceal asymmetries and assist individuals in avoiding tension or injury caused by asymmetries (PFFD and other birth defects) as well as muscular asymmetries.
• Additionally, correcting the posture prevents other skeletal issues. The demand for corsets is increasing as a result of these advantageous factors, which support the growth of the corset market.

Opportunity in Rapidly Growing E-commerce and Fashion Industry

• The rapid growth of e-commerce and the fashion industry over the past year has supported the expansion of the corset market during the forecast year. The ease and convenience with which consumers can purchase corsets from e-commerce websites have contributed to the growth of the market for these products.
• E-commerce platforms provide access to a global market. Facilitating consumer access to a variety of corsets from a number of brands and manufacturers. As a result, there is increased market competition as companies strive to differentiate themselves by offering unique products and formulations. In addition, e-commerce platforms provide manufacturers with valuable data and insights regarding customer preferences and purchasing patterns. This data can help manufacturers stay ahead of the competition by allowing them to create new corsets and improve existing ones. Therefore, the expanding e-commerce platform facilitates the expansion of the corset market.
• Moreover, Fashion is a dynamic industry at the center of the rapidly evolving corset market. The ever-increasing demand of consumers, which leads to more and more production and sales, is the source of the fashion industry's popularity and power. In 2022, the global apparel market's revenue amounted to $1,53 trillion U.S. dollars. Henceforth, the growing e-commerce platform and the fashion industry create an opportunity for the corset market in the forthcoming years.

Segmentation Analysis Of The Corset Market

Corset market segments cover the Type and application. By Type, the Faux Leather Corset segment is Anticipated to Dominate the Market Over the Forecast period.

• The demand for faux leather corsets has increased in recent years. Most people prefer to purchase faux leather goods due to their numerous advantages, such as being cheaper than real leather, being animal-friendly, being able to be produced in virtually any color, being able to be manufactured with a high-gloss finish, being easily cleaned with a damp cloth, requiring little maintenance, not cracking as easily as real leather, being resistant to UV fading, and lacking the odor of genuine leather. Due to these benefits, the synthetic leather corset is gaining popularity in the fashion industry.
• Due to the increasing demand for faux leather corsets, the major players are increasing their investment in the production of faux leather with various characteristics. In January 2023, for instance, Kim Kardashian released a faux leather collection that included leggings, corsets, and other items. These new products present an opportunity for the corset market in the upcoming year.

Regional Analysis of The Corset Market

North America is Expected to Dominate the Market Over the Forecast period.

• The United States is the largest fashion industry economy. As a result of their changing lifestyles and disposable incomes, young people are increasingly drawn to fashionable goods. The statistic depicts, for instance, the anticipated revenue of the apparel market in 2022, by country. In that year, the United States apparel market generated approximately 312 billion U.S. dollars in revenue, making it the largest market in the world.
• The following figure indicates an increase in disposable income in 2021 relative to prior years.

• In addition, the development of e-commerce platforms is a major factor propelling the growth of the North American corset market. Internet distribution channels make it easy for customers to gain access to a vast selection of products, while also enabling producers to reach customers outside of traditional brick-and-mortar retail locations. This has created a new opportunity for the players in the corset industry to form new alliances and partnerships, as well as to increase their visibility and build their brands.
• In conclusion, the market for corsets in the United States is expanding due to a number of factors, including the growing demand for healthcare products, the popularity of private label brands, the rise of e-commerce, and the rise in disposable income.

Covid-19 Impact Analysis On Corset Market

The corvid-19 negatively impacted the market for corsets. This is due to governments shutting down manufacturing plants, closing stores, and canceling events in an effort to slow the spread of the virus. The pandemic of coronavirus has had a significant impact on fashion brands worldwide. Concurrently, the fashion industry faces challenges associated with consumer demand. The ongoing COVID-19 pandemic will forever alter the fashion industry.

While the apparel and fashion industry, particularly in the US market, has faced challenges over the past decade (due to a combination of recession aftershocks, increased promotional intensity, channel shifts, and an excess of real estate), it has been on a path of steady, albeit slow, growth over the past three years, with value and off-price formats serving as rare bright spots. In addition, the retail industry in particular has been severely impacted by the government's request for self-quarantine, which severely limited face-to-face service in stores. Henceforth, the covid-19 had a negative impact on the corset market.

Top Key Players Covered in The Corset Market

• VOLLERS CORSETS (United Kingdom)
• ADOREME (United States)
• Easto Garments (India)
• DarkLure (United States)
• Dark Garden Corsetry (United States)
• Isabella Corsetry (United States)
• Versatile Corsets (United States)
• Allure Lingerie (United States)
• Organic Corset Co. (United States)
• Axfords (United Kingdom)
• True Corset (United Kingdom)
• Orchard Corset (United States)
• Lace Embrace Atelier (Canada)
• Beautiful Connection Group (United States), and Other Major Players

Key Industry Developments in the Corset Market

• In March 2024, Bunny Corset, a premium women's apparel label known for high-end corsets, is excited to announce its expansion into Myntra, a leading e-commerce platform. This strategic partnership aims to enhance accessibility for consumers seeking fashionable options. By joining Myntra, Bunny Corset solidifies its position as a destination for premium corsetry and fashion apparel, allowing fashion enthusiasts across India to explore its exquisite collection. "They are thrilled to showcase our designs to Myntra's customers and empower women to feel confident in their silhouette-flattering garments," said Suman Bharti, Founder of Bunny Corset.
• In November 2022, Windsor Fashions introduced the New Year's Eve Edit with Tarsha Whitmore in November 2022. Specializes in occasion wear dresses, as well as women's shoes and accessories, including a versatile and stylish assortment of sparkly dresses and two-piece-sets, as well as corsets and cargos for those seeking to be Insta-ready at midnight.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Corset Market by Type
 5.1 Corset Market Overview Snapshot and Growth Engine
 5.2 Corset Market Overview
 5.3 Leather Corset
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Leather Corset: Grographic Segmentation
 5.4 PVC Corset
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 PVC Corset: Grographic Segmentation
 5.5 Faux Leather Corset
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Faux Leather Corset: Grographic Segmentation
 5.6 Others
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Others: Grographic Segmentation

Chapter 6: Corset Market by Application
 6.1 Corset Market Overview Snapshot and Growth Engine
 6.2 Corset Market Overview
 6.3 Fashion
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Fashion: Grographic Segmentation
 6.4 Fetish
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Fetish: Grographic Segmentation
 6.5 Medical
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Medical: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Corset Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Corset Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Corset Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 VOLLERS
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 ADOREME
 7.4 EASTO GARMENTS
 7.5 DARKLURE
 7.6 ORGANIC CORSET CO.
 7.7 AXFORDS
 7.8 DARK GARDEN
 7.9 ISABELLA
 7.10 VERSATILE
 7.11 OTHER MAJOR PLAYERS

Chapter 8: Global Corset Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Type
  8.2.1 Leather Corset
  8.2.2 PVC Corset
  8.2.3 Faux Leather Corset
  8.2.4 Others
 8.3 Historic and Forecasted Market Size By Application
  8.3.1 Fashion
  8.3.2 Fetish
  8.3.3 Medical

Chapter 9: North America Corset Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Leather Corset
  9.4.2 PVC Corset
  9.4.3 Faux Leather Corset
  9.4.4 Others
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Fashion
  9.5.2 Fetish
  9.5.3 Medical
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Corset Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Leather Corset
  10.4.2 PVC Corset
  10.4.3 Faux Leather Corset
  10.4.4 Others
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Fashion
  10.5.2 Fetish
  10.5.3 Medical
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Corset Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Leather Corset
  11.4.2 PVC Corset
  11.4.3 Faux Leather Corset
  11.4.4 Others
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Fashion
  11.5.2 Fetish
  11.5.3 Medical
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Corset Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Leather Corset
  12.4.2 PVC Corset
  12.4.3 Faux Leather Corset
  12.4.4 Others
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Fashion
  12.5.2 Fetish
  12.5.3 Medical
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Corset Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Leather Corset
  13.4.2 PVC Corset
  13.4.3 Faux Leather Corset
  13.4.4 Others
 13.5 Historic and Forecasted Market Size By Application
  13.5.1 Fashion
  13.5.2 Fetish
  13.5.3 Medical
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CORSET MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CORSET MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CORSET MARKET COMPETITIVE RIVALRY
TABLE 005. CORSET MARKET THREAT OF NEW ENTRANTS
TABLE 006. CORSET MARKET THREAT OF SUBSTITUTES
TABLE 007. CORSET MARKET BY TYPE
TABLE 008. LEATHER CORSET MARKET OVERVIEW (2016-2028)
TABLE 009. PVC CORSET MARKET OVERVIEW (2016-2028)
TABLE 010. FAUX LEATHER CORSET MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. CORSET MARKET BY APPLICATION
TABLE 013. FASHION MARKET OVERVIEW (2016-2028)
TABLE 014. FETISH MARKET OVERVIEW (2016-2028)
TABLE 015. MEDICAL MARKET OVERVIEW (2016-2028)
TABLE 016. NORTH AMERICA CORSET MARKET, BY TYPE (2016-2028)
TABLE 017. NORTH AMERICA CORSET MARKET, BY APPLICATION (2016-2028)
TABLE 018. N CORSET MARKET, BY COUNTRY (2016-2028)
TABLE 019. EUROPE CORSET MARKET, BY TYPE (2016-2028)
TABLE 020. EUROPE CORSET MARKET, BY APPLICATION (2016-2028)
TABLE 021. CORSET MARKET, BY COUNTRY (2016-2028)
TABLE 022. ASIA PACIFIC CORSET MARKET, BY TYPE (2016-2028)
TABLE 023. ASIA PACIFIC CORSET MARKET, BY APPLICATION (2016-2028)
TABLE 024. CORSET MARKET, BY COUNTRY (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA CORSET MARKET, BY TYPE (2016-2028)
TABLE 026. MIDDLE EAST & AFRICA CORSET MARKET, BY APPLICATION (2016-2028)
TABLE 027. CORSET MARKET, BY COUNTRY (2016-2028)
TABLE 028. SOUTH AMERICA CORSET MARKET, BY TYPE (2016-2028)
TABLE 029. SOUTH AMERICA CORSET MARKET, BY APPLICATION (2016-2028)
TABLE 030. CORSET MARKET, BY COUNTRY (2016-2028)
TABLE 031. VOLLERS: SNAPSHOT
TABLE 032. VOLLERS: BUSINESS PERFORMANCE
TABLE 033. VOLLERS: PRODUCT PORTFOLIO
TABLE 034. VOLLERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. ADOREME: SNAPSHOT
TABLE 035. ADOREME: BUSINESS PERFORMANCE
TABLE 036. ADOREME: PRODUCT PORTFOLIO
TABLE 037. ADOREME: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. EASTO GARMENTS: SNAPSHOT
TABLE 038. EASTO GARMENTS: BUSINESS PERFORMANCE
TABLE 039. EASTO GARMENTS: PRODUCT PORTFOLIO
TABLE 040. EASTO GARMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. DARKLURE: SNAPSHOT
TABLE 041. DARKLURE: BUSINESS PERFORMANCE
TABLE 042. DARKLURE: PRODUCT PORTFOLIO
TABLE 043. DARKLURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ORGANIC CORSET CO.: SNAPSHOT
TABLE 044. ORGANIC CORSET CO.: BUSINESS PERFORMANCE
TABLE 045. ORGANIC CORSET CO.: PRODUCT PORTFOLIO
TABLE 046. ORGANIC CORSET CO.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. AXFORDS: SNAPSHOT
TABLE 047. AXFORDS: BUSINESS PERFORMANCE
TABLE 048. AXFORDS: PRODUCT PORTFOLIO
TABLE 049. AXFORDS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. DARK GARDEN: SNAPSHOT
TABLE 050. DARK GARDEN: BUSINESS PERFORMANCE
TABLE 051. DARK GARDEN: PRODUCT PORTFOLIO
TABLE 052. DARK GARDEN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. ISABELLA: SNAPSHOT
TABLE 053. ISABELLA: BUSINESS PERFORMANCE
TABLE 054. ISABELLA: PRODUCT PORTFOLIO
TABLE 055. ISABELLA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. VERSATILE: SNAPSHOT
TABLE 056. VERSATILE: BUSINESS PERFORMANCE
TABLE 057. VERSATILE: PRODUCT PORTFOLIO
TABLE 058. VERSATILE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 059. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 060. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 061. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CORSET MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CORSET MARKET OVERVIEW BY TYPE
FIGURE 012. LEATHER CORSET MARKET OVERVIEW (2016-2028)
FIGURE 013. PVC CORSET MARKET OVERVIEW (2016-2028)
FIGURE 014. FAUX LEATHER CORSET MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. CORSET MARKET OVERVIEW BY APPLICATION
FIGURE 017. FASHION MARKET OVERVIEW (2016-2028)
FIGURE 018. FETISH MARKET OVERVIEW (2016-2028)
FIGURE 019. MEDICAL MARKET OVERVIEW (2016-2028)
FIGURE 020. NORTH AMERICA CORSET MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. EUROPE CORSET MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. ASIA PACIFIC CORSET MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. MIDDLE EAST & AFRICA CORSET MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. SOUTH AMERICA CORSET MARKET OVERVIEW BY COUNTRY (2016-2028)