Bridal Gowns Market Key Insights 2024-2033: Growth Rate, Trends And Opportunities
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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.
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.
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What Are The Key Trends That Influence Bridal Gowns Market Share Analysis?
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.
Which Market Players Are Driving Growth In The Bridal Gowns Market?
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
How Is The Global Bridal Gowns Market 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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The Bridal Gowns Global Market Report 2024 provides an overview of the bridal gownsmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bridal gowns market forecast analyzes bridal gowns market size, bridal gowns market share, leading competitor and their market positions.
The Table Of Content For The Bridal Gowns Market Include
1. Bridal Gowns Market Executive Summary
2. Bridal Gowns Market Segments
3. Bridal Gowns Market Size And Template Market Growth Rate
4. Key Bridal Gowns Market Trends
5. Major Bridal Gowns Market Drivers
……
25. Key Mergers And Acquisitions In The Bridal Gowns Market
26. Top Bridal Gowns Companies
27. Bridal Gowns Market Opportunities And Strategies
28. Bridal Gowns Market, Conclusions And Recommendations
29. Appendix
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