Press release
Bridal Wear Market to hit USD 17.41 Bn by 2029 at a CAGR 6.6 Percent, Global Industry Analysis by Type, Industry, Region, and Forecast
Bridal Wear Market
Bridal Wear Market Report Scope and Research Methodology
The bridal gown, a significant part of the wedding ceremony, influences the color, style, and ceremonial significance of the gown worn by women during the ceremony. The growth of the bridal market is driven by increased urbanization, fashion upgrades, increased disposable income, technological advances, entry of local players, and increased luxury weddings.
The gowns segment dominates the market with a 59.3 percent share in 2021. Demand for bridal gowns is increasing with the advent of different types of textures, fabrics, and styles. Fashion designers focus on intricate designs to enhance aesthetics, and retailers and fashion designers focus on complex craftsmanship designs to decorate clothes to add aesthetic value.
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Bridal Wear Market Dynamics
The traditional wear segment is expected to grow at a CAGR of 7.6 percent through the forecast period, with different wedding dress styles varying according to tradition in many countries, and wedding dresses suitable for these traditions. This diversity of cultural groups around the world is expected to grow the demand for traditional clothing.
The offline segment dominates the market with a 65.3 percent share in 2021, with different suppliers' presence and the availability of the latest fashion trends in showrooms allowing customers to customize their clothes according to their needs. The online segment is expected to grow at a CAGR of 3 percent through the forecast period, with increasing popularity, heavy discounts, and 3D virtual trial rooms.
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Bridal Wear Market Regional Insights
The North America region dominated the market with a 39.3 percent share in 2021, with factors such as the presence of multi-vendors, early adoption of fashion, high disposal revenues, and the emergence of technology to design the latest fabrics driving the growth of the bridal wear market. The Asia Pacific region is expected to grow at a CAGR of 9 percent through the forecast period, with factors such as increased disposable income, high wedding spending, a large fashion-focused young population, cheap bridal wear, and the entry of local players driving demand for bridal wear.
Bridal Wear Market Segmentation
By Product:
• Gown
• Traditional Wear
By Distribution Channel:
• Offline
• Online
By Application:
• Weeding
• Ceremony and Occasions
By Price Point:
• Premium
• Medium
• Economy
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Bridal Wear Market Key Competitors include:
• Elie Saab
• JLM Couture Inc.
• Justin Alexander Inc.
• Louis Vuitton
• V.E.W. Ltd.
• Kleinfeld Bridal Corp.
• Harrods Limited
• Moonlight Bridal Design Inc.
• Maggie Sottero Designs L.L.C.
• Pronovias Fashion Group
• Rosa Clara
• De La Cierva Y Nicolas
• CUT S.r.l
• Pronuptia de Paris SA.
• Yumi Katsura International Co. Ltd.
• Zuhair Murad
• Alfred Angelo Inc.
• Watters
• Madeline Gardner
• Sincerity Bridal
• Sophia Tolli
• Temperley London
• Helen Rodrigues
• Macy's Inc.
• Monique Lhuillier
• Naeem Khan
• Paloma Blanca
• Theia Couture
• Vera Wang
• David's Bridal Inc.
• Winnie Couture
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Table of Content for Bridal Wear Market
Global Bridal Wear Market: Research Methodology
Global Bridal Wear Market: Executive Summary
Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Bridal Wear Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Bridal Wear Market Segmentation
Global Market, by Product (2021-2029)
Global Market, by Distribution Channel (2021-2029)
Global Market, by Application (2021-2029)
Global Market, by Price Point (2021-2029)
Regional Bridal Wear Market (2021-2029)
Regional Market, by Product (2021-2029)
Regional Market, by Distribution Channel (2021-2029)
Regional Market, by Application (2021-2029)
Regional Market, by Price Point (2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product, Distribution Channel, Application and Price Point
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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