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Back Posture Corrector Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of 5.6% during the forecast period.
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Presents a Research Report on Back Posture Corrector Market The Global Back Posture Corrector Market is segmented By Product (Sitting Support Devices, Posture Braces, Kinesiology Tape, Posture Corrector Clothing, Others), By End-Use (Men, Women, Kids), By Distribution Channel (Online, Offline), and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global back posture corrector market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026. sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
The Back Posture Corrector Market Highlights& Drivers • Back Posture Corrector Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of 5.6% during the forecast period. • Posture corrector, also known as posture aid, back brace, or posture supporter is a device that is designed to limit the movement of the spine in case of fracture or during preventive measures against progressive conditions. • Posture correctors are a type of garment designed to support the back, neck, and shoulders. Posture correctors are available in a broad variety of designs and sizes to fit as per age, weight, gender, weight, and height as well as lifestyle. • Most of these devices are made from breathable and lightweight material and do not irritate the skin. • MarketInsight • By End Use Type: • By end-use, the back posture corrector market has been classified into men, women, and kids. • The men segment held the largest market share in 2020 and is likely to grow at a moderate CAGR during the review period. • Men form a large part of the working population. • Most of the working population have a desk job that puts people at risk of chronic pain, disorders, and musculoskeletal injuries that affect the long-term health and productivity of the employee, thus driving the need for back posture corrector. This, in turn, boosts the segment growth.
Market Insight & Competitive Insights • By Region: • Based on region, Asia Pacific held the largest market share in 2020 and is likely to register the highest CAGR in the following years. • This is mainly ascribed owing to the growing working population and increasing geriatric population. • China and India are the two most densely populated countries with a significant percentage of working and aging population, thus offers a lucrative consumer base to the key players. • Moreover, rising concern for back pain problems and body fitness further augments regional growth. • Key Players • Babaka (The U.S.), • BackJoy (The U.S.), • BodyRite (The U.S.), • eDila (The U.S.), • Hexaforms (The U.S.), • I&YBUY (The U.S.), • MARAKYM (The U.S.), • Swedish Posture (Sweden), • UPRIGHT (The U.S.), and • ViboCare (The U.S.).
Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others
Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
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