The global market for Bridal Wear is estimated at US$63.4 Billion in 2023 and is projected to reach US$83.5 Billion by 2030, growing at a CAGR of 4.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the bridal wear market is driven by several factors including the rising disposable income among consumers, the influence of social media, and innovations in fabric and design technology. As economic conditions improve globally, more couples are investing in customized and high-end bridal gowns that reflect their unique personalities and relationship. Social media platforms not only inspire brides but also drive demand for the latest trends and designer wear, with influencers and celebrities setting trends.
Technological advancements in textiles, such as the development of eco-friendly fabrics and improved fitting technologies, are making bridal wear more comfortable, customizable, and accessible. These factors collectively contribute to a dynamic and growing market, with an increasing number of brides seeking the perfect blend of tradition and modernity in their wedding attire.
The growth in the bridal wear market is driven by several factors including the rising disposable income among consumers, the influence of social media, and innovations in fabric and design technology. As economic conditions improve globally, more couples are investing in customized and high-end bridal gowns that reflect their unique personalities and relationship. Social media platforms not only inspire brides but also drive demand for the latest trends and designer wear, with influencers and celebrities setting trends.
Technological advancements in textiles, such as the development of eco-friendly fabrics and improved fitting technologies, are making bridal wear more comfortable, customizable, and accessible. These factors collectively contribute to a dynamic and growing market, with an increasing number of brides seeking the perfect blend of tradition and modernity in their wedding attire.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Offline Distribution Channel segment, which is expected to reach US$71.3 Billion by 2030 with a CAGR of a 4.1%. The Online Distribution Channel segment is also set to grow at 3.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $28.0 Billion in 2023, and China, forecasted to grow at an impressive 6.1% CAGR to reach $8.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Bridal Wear Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Bridal Wear Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Bridal Wear Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Giorgio Armani SpA, LVMH Moet Hennessy - Louis Vuitton, Macy's, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 242 Featured):
- Giorgio Armani SpA
- LVMH Moet Hennessy - Louis Vuitton
- Macy's, Inc.
- Iconix Brand Group, Inc.
- H & M Hennes & Mauritz AB
- Gianni Versace Srl
- Oscar de la Renta
- JLM Couture, Inc.
- Harrods Ltd.
- Elie Saab Liban SAL (Elie Saab)
- Hanns-Jurgen KLEEMEIER
- Badgley Mischka LLC
- Dorothy Perkins
- LUNAR
- Moonlight Bridal
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
COMPETITION
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
REST OF WORLD
Companies Mentioned
- Giorgio Armani SpA
- LVMH Moet Hennessy - Louis Vuitton
- Macy's, Inc.
- Iconix Brand Group, Inc.
- H & M Hennes & Mauritz AB
- Gianni Versace Srl
- Oscar de la Renta
- JLM Couture, Inc.
- Harrods Ltd.
- Elie Saab Liban SAL (Elie Saab)
- Hanns-Jurgen KLEEMEIER
- Badgley Mischka LLC
- Dorothy Perkins
- LUNAR
- Moonlight Bridal
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 396 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 63.4 Billion |
Forecasted Market Value ( USD | $ 83.5 Billion |
Compound Annual Growth Rate | 4.0% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |