What is Off The Shelf Stockings?
Off the Shelf Stockings and socks are alternatives to Compression Stockings, since they are intended to support the blood flow down into the foot, they are mainly used by patients with venous disease or diabetes, as well as by plane pilots. These are especially beneficial for people who had to sit for long periods of time or had severe blood clot issues. Off the Shelf Stockings or broadly compression stockings have evolved over time and are available in variety of shapes, sizes, colors and customizations. There are only a few fabrics used in off-the-shelf compression garments. With synthetic material allergies on the rise, custom-fit garments in a range of natural and synthetic fabrics are available to keep your skin safe. Off the shelf compression products are now commonly used by Athletes, Gym Enthusiasts and Elders due to its wide line of health benefits.
The market study is broken down by Type (Knee Length, Thigh Length, Maternity and Waist Length), by Application (Anti-embolism Compression and Gradient Compression) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Off The Shelf Stockings market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Covidien PLC (Ireland), 3M (United States), Nouvelle Inc. (United States), Sigvaris (United States), Juzo (Germany), 2XU Pty. Ltd. (Australia), BSN-JOBST (United States), Prime Compression (United States), Comfort Plus Corporation (China) and FLA Orthopedics Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Vissco (India), Tynor (India), MTA (France), Hanes (United States), Ontex (Belgium) and Flamingo Healthcare. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Off The Shelf Stockings market by Type, Application and Region.
On the basis of geography, the market of Off The Shelf Stockings has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Regular will boost the Off The Shelf Stockings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Offline (Retail Pharmacies, Sports Garment Retailers) will boost the Off The Shelf Stockings market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On 29th April, 2019 – Lohmann & Rauscher (L&R) Group Announced its Acquisition of Médical Textile Ariégeois (MTA), France Based Compression Textile Manufacturer. The Acquisition is Intended to Add to L&R’s Product Offerings.
Market Trend
- Investments in Textile Engineering
- Shift from Offline to Online Shopping
Market Drivers
- Growing Healthcare Awareness
- Prevalence of Chronic Venous Insufficiency Syndrome
- Multiple Health Benefits Including Fast Recovery
Opportunities
- Technical Progress in Textile Industries
Restraints
- Limited Style Options
- Chances of Itchiness and Dry Skin
Challenges
- Discomfort Due to Frequent use
Key Target Audience
Compression Stockings Manufactures, Garment Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.