The bridal gowns global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Bridal Gowns Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The bridal gowns market size has grown strongly in recent years. It will grow from $40.16 billion in 2023 to $43.7 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to cultural traditions, industrial revolution, rise of fashion magazines, Hollywood influence, post-war bridal boom.
The bridal gowns market size is expected to see strong growth in the next few years. It will grow to $58.19 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to sustainable fashion movement, digitalization of shopping experience, influencer marketing, increasing demand for inclusive sizing options, growth of destination weddings. Major trends in the forecast period include incorporation of technology such as smart fabrics, rise of minimalist designs, fusion of traditional and modern elements, virtual try-on experiences, eco-friendly bridal gowns.
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Scope Of Bridal Gowns Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Bridal Gowns Market Overview
Market Drivers –
The growing number of weddings is expected to propel the growth of the bridal gowns market going forward. A wedding is a ceremony or celebration of marriage where two people are united in matrimony, and it involves various traditions, customs, and rituals that vary across cultures, religions, and social classes. The increasing demand for bridal gowns is closely linked to the rising number of weddings, as these garments are central to the ceremony, symbolizing tradition, style, and personal expression for marrying couples. For instance, in 2022, according to data from the National Center for Health Statistics (NCHS), a US-based government agency, the number of marriages in the U.S. surged from 1,676,911 in 2020 to 1,985,072 in 2021, while the marriage rate climbed from 5.1 marriages per 1,000 to 6.0. Therefore, the growing number of weddings is driving the growth of the bridal gowns market.
Market Trends –
Major companies operating in the bridal gowns market are focused on introducing innovative solutions, such as eco-minded bridal collections, to gain a competitive edge in the market. Eco-minded bridal collections refer to wedding dress lines that prioritize sustainability, ethical production, and the use of eco-friendly materials. For instance, in March 2023, David’s Bridal Inc., a US-based clothing brand that specializes in wedding dresses, launched REIMAGINE by DB Studio, their first-ever eco-minded collection of gowns made from effortlessly chic recycled fabrics. The REIMAGINE by DB Studio line is meticulously developed to elicit long-lasting recollections while lowering the environmental effect for the sustainably modern bride, as part of an ongoing goal to deliver the new luxury to all clients. The collection, which ranges in price from $299 to $599, features unique designs that highlight this season’s essential looks and trends, such as dramatic necklines, elaborate back detailing, adaptable sleeve options, contemporary interpretations of the traditional lace appearance, and more.
The bridal gowns market covered in this report is segmented –
1) By Type: Mermaid-Style Dresses, Ball Gowns, A-line Dresses, Trumpet Dresses, Tea-length Wedding Dresses, Sheath Wedding Dresses
2) By Category: Readymade, Customized
3) By Distribution Channel: Online, Offline
4) By Application: Wedding Dress Renting service, Wedding Consultant, Photographic Studio, Personal Purchase, Other Applications
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Regional Insights –
Asia-Pacific was the largest region in the bridal gowns market in 2023. It is expected to be the fastest-growing region in the forecast period. The regions covered in the bridal gowns market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the bridal gowns market are Louis Vuitton, Macy’s Inc., Harrods Limited, Maggie Sottero Designs LLC, Pronovias Fashion Group, Vera Wang, Rosa Clara, Elie Saab France, Alfred Angelo Inc., Marchesa, Impression Bridal, Kleinfeld Bridal Corp., Justin Alexander Limited, Pepe Botella, Monique Lhuillier, Oscar De La Renta, JLM Couture Inc., Paloma Blanca, Mon Cheri Bridals, Moonlight Bridal Design Inc, Yumi Katsura International Co. Ltd, Atelier Eme, Franc Sarabia, Yolancris, Madeline Gardner New York, Naeem Khan, Carolina Herrera, De La Cierva & Nicolás, Lee Seung Jin, Guangdong Famory (Group) Co. Ltd., Jinchao
Table of Contents
1. Executive Summary
2. Bridal Gowns Market Report Structure
3. Bridal Gowns Market Trends And Strategies
4. Bridal Gowns Market – Macro Economic Scenario
5. Bridal Gowns Market Size And Growth
…..
27. Bridal Gowns Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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