UK Fashion Events Market
The UK fashion events market was valued at $4.2 billion in 2023 and is projected to reach $7.7 billion by 2034, growing at a CAGR of 4.9% from 2024 to 2034.
Fashion event is a crucial part of the fashion industry that involves the showcasing of vibrant collections of apparel, jewelry, and accessories. It serves as a comprehensive platform that brings together designers, models, industry professionals, and fashion enthusiasts. These events range from grand international fashion weeks to localized shows and are important for trendsetting and highlighting the latest collections. Beyond fashion, these events are cultural & artistic depictions that reflect and influence societal trends. Stakeholders organize different forms of fashion events ranging from runway shows, pop-up events, and trade shows to fashion weeks, charity events, and thematic exhibitions.
London is considered the fashion capital of the globe as it houses several national and international brands, hence attracting a large segment of designers & buyers. This acts as a key driver of the UK fashion events market. In addition, the UK constantly gives rise to fresh talents due to the presence of several renowned fashion schools. This infuses the fashion industry with a fresh perspective and propels the growth of the market.
A significant trend dominating the UK fashion events market is the incorporation of digital innovations. Stakeholders are utilizing ingenious technologies such as augmented reality and virtual reality to create an immersive experience for the viewers. Furthermore, these technologies enable the conduction of hybrid events, which enhances accessibility for the audience and amplifies the reach of fashion events.
However, the implementation of new immigration policies and trade agreements after Brexit has resulted in logistical challenges for international participants. These intricate regulations have reduced the participation of international brands in UK-based fashion events, thereby hampering the development of the market. Moreover, stringent competition from other fashion-forward cities such as New York restrains the market growth significantly. On the contrary, the critical role of the fashion industry in elevating the economy of the nation presents lucrative opportunities for the UK fashion events market. According to an article by Fashion Roundtable Org.
Ltd. - an advocacy and policy organization - the fashion industry contributes approximately £60 billion annually, which is nearly half of the total contribution from the UK's creative sector. Therefore, the UK Government constantly works to develop favorable policies and offer grants to organize fashion events in the country, which open new avenues for the market.
Segment Review
The UK fashion events market is segmented into type, revenue source, organizer, and region. On the basis of type, the market is divided into fashion shows, trade shows/exhibitions, fashion contests, and others. According to revenue source, it is classified into ticket sale, sponsorship, and others. Depending on organizer, it is categorized into fashion houses, fashion designers, event management companies, and others.Key Findings
On the basis of type, the fashion shows segment held the highest share of the market in 2023.As per revenue source, the sponsorship segment acquired a notable stake in the market in 2023.
Depending on organizer, the fashion houses segment dominated the market share in 2023.
Competition Analysis
The leading players operating in the UK fashion events market include British Fashion Council, London Fashion Week Ltd., Fashion Scout, Oxford Fashion Studio, Fashion United UK, Pure London, Graduate Fashion Foundation, The Industry London, Fashion Revolution, and Fashion Roundtable. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships to strengthen their foothold in the competitive market.Additional benefits you will get with this purchase are:
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Key Market Segments
By Type
- Fashion Shows
- Trade Shows/Exhibitions
- Fashion Contests
- Others
By Revenue Source
- Ticket Sale
- Sponsorship
- Others
By Organizer
- Fashion Houses
- Fashion Designers
- Event Management Companies
- Others
Key Market Players
- British Fashion Council
- London Fashion Week Ltd
- Fashion Scout
- Oxford Fashion Studio
- Fashion United UK
- Pure London
- Graduate Fashion Foundation
- The Industry London
- Fashion Revolution
- Fashion Roundtable
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET LANDSCAPE
CHAPTER 4: UK FASHION EVENTS MARKET, BY TYPE
CHAPTER 5: UK FASHION EVENTS MARKET, BY REVENUE SOURCE
CHAPTER 6: UK FASHION EVENTS MARKET, BY ORGANIZER
CHAPTER 7: COMPETITIVE LANDSCAPE
CHAPTER 8: COMPANY PROFILES
LIST OF TABLES
LIST OF FIGURES
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- British Fashion Council
- London Fashion Week Ltd
- Fashion Scout
- Oxford Fashion Studio
- Fashion United UK
- Pure London
- Graduate Fashion Foundation
- The Industry London
- Fashion Revolution
- Fashion Roundtable
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 90 |
| Published | October 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 4.2 billion |
| Forecasted Market Value ( USD | $ 7.7 billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | United Kingdom |
| No. of Companies Mentioned | 10 |
