Overview and Scope
A wedding dress refers to a special garment worn by a bride during a wedding ceremony. It is typically designed to be elegant and formal, reflecting the significance of the occasion. They vary widely in style, color, and design, and they often incorporate cultural and personal preferences.
Sizing and Forecast
The wedding dresses market size has grown strongly in recent years. It will grow from $12.68 billion in 2023 to $13.53 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to tradition and cultural influence, economic conditions, fashion trends, social norms and expectations, celebrity influence.
The wedding dresses market size is expected to see strong growth in the next few years. It will grow to $16.75 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to sustainability and ethical fashion, personalization and customization, changing marriage trends, digital marketing and social media, economic recovery and spending patterns. Major trends in the forecast period include versatile and reusable styles, inclusive sizing and body positivity, minimalist and timeless designs, digital and virtual shopping experiences, fashion-forward and non-traditional styles.
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Segmentation & Regional Insights
The wedding dresses market covered in this report is segmented –
1) By Type: Traditional Wedding Dresses, Contemporary Wedding Dresses, Customized Wedding Dresses
2) By Gender: Female, Male
3) By Distribution Channel: Bridal Boutiques, E-commerce Platforms, Specialty Retailers, Other Distribution Channels
4) By Application: Wedding Dress Renting Service, Wedding Consultant, Photographic Studio, Personal Purchase, Other Applications
North America was the largest region in the wedding dresses market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wedding dresses market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing destination weddings are expected to propel the growth of the wedding dresses market going forward. Destination weddings refer to weddings that take place in a location away from the couple’s hometown or the place where they currently reside. Wedding dresses used by brides in destination weddings to hold significant cultural, symbolic, and expression of personal style have a photographic and visual impact in celebrating the union of two individuals in marriage. For instance, in 2023, according to the Destination Wedding Statistics 2023 report by Condor Ferries, a UK-based operator of passenger and freight ferry services, there are 350,000 destination weddings performed every year, which accounts for 25% of all weddings in the US. Furthermore, in May 2023, according to Paradise Weddings, a US-based destination wedding company, over the last 5 years, wedding groups are getting larger, with an 8% increase in 2021 and a 12% increase in 2022. Therefore, the growing destination weddings will drive the growth of the wedding dresses market.
Key Industry Players
Major companies operating in the wedding dresses market are Macy’s Inc., Harrods Limited, Enzoani, Pronovias Group SA, Vera Wang Bridal House, Rosa Clara Group, Elie Saab France, Alfred Angelo Bridal , Marchesa Luisa Casati, Impression Bridal, Badgley Mischka LLC, Kleinfeld Bridal Corp, Justin Alexander Inc., Cymbeline Innovation Pvt Ltd., Pepe Botella SL, JLM Couture Inc., Mon Cheri Bridals LLC, Winnie Couture, Yumi Katsura International Co. Ltd, Franc Sarabia, Yolancris, Linli Wedding Collection, Atelier Eme Srl, Moonlight Bridal Design Inc., Signore Production S.r.l, CH Carolina Herrera, De La Cierva And Nicolás SL, Pine Tree Art And Business Consulting. Pte. Ltd., Guangdong Famory (Group) Co. Ltd., Tsai Mei Yue, Helen Rodrigues Bridal
The wedding dresses market report table of contents includes:
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List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Wedding Dresses Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Wedding Dresses Market, Segmentation By Gender, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Wedding Dresses Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Macy’s Inc. Financial Performance
Table 76: Harrods Limited Financial Performance
Table 77: Enzoani Financial Performance
Table 78: Pronovias Group SA Financial Performance
Table 79: Vera Wang Bridal House Financial Performance
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