Bridal Wear Global Market Overview, Driving Factors, Future Trends, Key Players and Growth Opportunities And Forecast By 2033 | ASOS PLC, Giorgio Armani SpA, Express Inc., Harrods Limited, Zuhair Murad

The Bridal Wear Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Bridal Wear Global Market Report 2024, The bridal wear market size is expected to see steady growth in the next few years. It will grow to $77.7 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to sustainability and ethical fashion movement, digitalization and e-commerce growth, customization and personalization trends, rise of destination weddings and travel trends, demand for inclusivity and diversity in bridal fashion. Major trends in the forecast period include eco-friendly and sustainable bridal collections, virtual try-on and augmented reality experiences, minimalist and simplistic wedding dress designs, gender-neutral and non-traditional bridal wear, fusion of cultural and modern elements in bridal attire.

The rising number of weddings is expected to propel the growth of the bridal wear 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 wear is closely linked to the rising number of weddings, as bridal garments and related jewelry and accessories 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 rising number of weddings is driving the growth of the bridal wear market.

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The bridal wear market covered in this report is segmented –
1) By Product: Gown, Traditional Wear
2) By Distribution Channel: Offline, Online
3) By Application: Wedding Dress Renting Service, Wedding Consultant, Photographic Studio, Personal Purchase

Major companies operating in the bridal wear market are focused on introducing innovative and environment-friendly bridal wear collections, such as eco-minded bridal collections, to drive their revenues in the market. Eco-minded bridal collections refer to bridal gown collections that place a premium on eco-friendliness, ethical manufacture, and sustainability. For instance, in March 2023, David’s Bridal Inc., a US-based clothing brand specializing in wedding dresses, launched REIMAGINE by DB Studio, their first-ever eco-minded collection of bridal gowns made from effortlessly chic recycled fabrics. The REIMAGINE by DB Studio line is carefully designed to evoke enduring memories while reducing the environmental impact for the environmentally conscious modern bride, as part of a continuous objective to provide new luxury to all clients. The collection, which ranges in price from $299 to $599, incorporates distinctive patterns that draw attention to the key fashion trends and looks of the season, including dramatic necklines, intricate back details, versatile sleeve options, modern takes on the classic lace appearance, and more.

The bridal wear market report table of contents includes:
1. Executive Summary