Posture Corrector Market: Global Industry Analysis and Forecast (2022-2029)

Posture Corrector Market was valued at US$ 1.34 Bn. in 2021. Global Posture Corrector Market size is expected to grow at a CAGR of 7.77 % through the forecast period.
Posture Corrector Market Overview:
A posture Corrector is additionally referred to as a posture aid and posture supporter. It’s a tool that helps to attain an upright posture. There are different types of posture correctors available on market with different designs and sizes; it's also available looking at gender, age, height and weight.To know about the Research Methodology :- Request Free Sample Report
Posture Corrector Market Dynamics:
Posture Corrector devices are often worn around the shoulders and back to support the muscles of the neck and spine. When worn, the Posture aid pulls back on the shoulders to align the body's structure to its natural upright position. Posture correctors or braces have many uses. The physiotherapist recommended poster aid if you have got neck shoulder or back injuries. These are prescribed to help and assist in the healing of patients who have undergone surgery. This makes postural problems less severe by relieving the pain and stress caused by sitting in the wrong position for hours. Posture aids help speed up the healing process.

Back pain may be a more common global problem. The prevalence of back pain is about 7.5% of the world population of around 577 million people. Today, people are attempting to avoid sedentary lifestyles and avoid some problems and posture-related problems. Therefore, sports, games, and physical activity are far more encouraged. This trend has the potential to grow the marketplace for kinesiology tapes.

There are approximately 3.3 million sports injuries that occur during a year. These injuries were related to a range of sporting activities, including sports, cycling, playing basketball and soccer, swimming, and several other activities. Increasing concerns surrounding these sports-related injuries have led to increased spending on posture correction devices. These factors suggest that the segment is predicted to witness significant growth over the forecast period.

Market Drivers:

Increasing rate of spinal and back disorders globally is one of the factors for growth of a posture corrector market. Kyphosis and hunchback are common spinal condition which is found globally. In India more than 10 million cases are found for Kyphosis.

Rising revenue for research and development proficiencies especially within the developed and developing economies per the medical devices and devices will further create lucrative market growth opportunities. R & D proficiencies being conducted for the advancements in medical technologies and devices is additionally bolstering the market rate. Growing investment for healthcare facilities and improving the healthcare infrastructure is another important factor for growth of a market

Market Opportunities:

Nowadays the trend of perfecting the posture naturally has increased and it is one of the prime factors driving the growth of the posture corrector market. The market grow of posture corrector is increases in the senior population. Additionally increases in back pain concern is one of the major reasons for the growth of posture correctors. The young people are concerned about their children's health which results in the growth of the posture corrector market.

Market Challenges:

On the opposite hand, high cost related to the R & D proficiencies, limited infrastructural facilities, uneven distribution of medical services, dearth of skilled medical professionals, and dearth of awareness within the backward economies are expected to obstruct market growth. Also, lack of favorable reimbursement scenario and technology penetration within the developing economies, emergence of other technologies, perception about posture correctors being treatment for patients instead of an everyday application, weakening of muscles thanks to prolonged usage of posture corrector, limited sum of money and regulatory compliance, and lack of suitable infrastructure in low &middle-income countries are projected to challenge the market within the forecast period.
Posture Corrector Market Segment Analysis:

Based on Product Type, Kinesiology dominated the market with 35.4 % share in 2021. Kinesiology prevents sports injury. It has maximum contribution to the posture corrector market and is expected to grow positively in the forecast period. Putting kinesiology on the knee or any other joint will increase the joint space and prevent injury. It also helps in circulation in the body. Around 3.3 million sports injuries of good in a year. The writing in a number of sports injuries will increase the market for kinesiology.

Posture braces are also showing good growth in the market. It is helpful in reducing back, neck shoulder, and clavicle pain. Decides of poster braces ranging from 32 - 43 in and it works perfectly under all clothing types.

Based on the Distribution Channel, the Posture Corrector Market is segmented into Online and Offline.Online segment will show expected growth in a forecast period. Posture correctors are easily available in online sites. Also online segment offers convenience services like home delivery therefore demand for online segment has increased.
Posture Corrector Market Regional Insights:
Asia Pacific region dominated the market with 34.4 % share in 2021. As Japan and China is more concerned about health-related issue. Asian countries are focusing on gyms and physical activities which keep the people healthy. Another reason is an increase in geriatric population in Asian region. There is an increase in the geriatric population which becomes the reason for increasing the market for posture character. China's geriatric population is about 28% of its overall population, which increases the demand for posture corrector. Along with this awareness regarding posture corrector is more in the Asia Pacific region hence Asian market achieve heavy growth in poster character markets.

Other countries which show the market growth for posture correctors are North America Europe Middle East and Africa and South America.

The objective of the report is to present a comprehensive analysis of the global Posture Corrector Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Posture Corrector Market dynamic, structure by analyzing the market segments and projecting the Posture Corrector Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Posture Corrector Market make the report investor’s guide.
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Global Posture Corrector Market


Base Year
2021
Forecast Period
2022-2029


Historical Data
CAGR
Market Size in 2021
Market Size in 2029


2017 to 2021
7.77%
US$ 1.34 Bn
US$ 2.43 Bn


Segments Covered


by Product
• Kinesiology Tape
• Sitting Support Devices
• Posture Braces
• Others
by Price Level
• Less than US$ 20
• Between US$ 20 - US$ 50
• Above US$ 50
by Distribution Channel
• Online
o Company Owned Sites
o E- Commerce Site
• Offline
o Supermarkets & Hypermarkets
o Specialty Stores
o Other Retail Stores
by End-Use
• Men
• Women
• Kids


Regions Covered


North America
• United States
• Canada
• Mexico
Europe
• UK
• France
• Germany
• Italy
• Spain
• Sweden
• Austria
• Rest of Europe
Asia Pacific
• China
• S Korea
• Japan
• India
• Australia
• Indonesia
• Malaysia
• Vietnam
• Taiwan
• Bangladesh
• Pakistan
• Rest of APAC
Middle East and Africa
• South Africa
• GCC
• Egypt
• Nigeria
• Rest of ME&A
South America
• Brazil
• Argentina
• Rest of South America



Posture Corrector Market Key Players are:
• Babaka
• BackJoy
• BodyRite
• eDila
• Hexaforms
• Swedish Posture
• UPRIGHT
• ViboCare
• I&YBUY
• MARAKYM
• Intelliskin
• AllignMed
• PrimeKinetix
• Restore Health Solution
• Compymed
• Modetro Sports

Frequently Asked Questions:

1] What segments are covered in the Global Posture Corrector Market report?
Ans. The segments covered in the Posture Corrector Market report are based on Product Type, End User Distribution Channel, Prise level and Region.

2] Which region is expected to hold the highest share in the Global Posture Corrector Market?
Ans. The Asia Pacific region is expected to hold the highest share in the Posture Corrector Market.

3] What is the market size of the Global Posture Corrector Market by 2029?
Ans. The market size of the Posture Corrector Market by 2029 is expected to reach US$ 2.43 Bn.

4] What is the forecast period for the Global Posture Corrector Market?
Ans. The forecast period for the Posture Corrector Market is 2021-2029.

5] What was the market size of the Global Posture Corrector Market in 2021?
Ans. The market size of the Posture Corrector Market in 2021 was valued at US$1.34 Bn.