Global Bridal Wear Market Analysis: Size, Drivers, Trends, Opportunities And Strategies
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The bridal wear market has shown robust growth, rising from $62.2 billion in 2023 to $65.6 billion in 2024, with a CAGR of 5.5%. This expansion is credited to cultural traditions, economic prosperity, fashion trends, social norms, and media influence. Projections indicate continued growth, reaching $77.7 billion by 2028, driven by sustainability trends, e-commerce growth, customization, destination weddings, and inclusivity demands. Major trends include eco-friendly collections, virtual try-on experiences, minimalist designs, gender-neutral options, and cultural fusion in attire designs.
The bridal wear market is set for significant expansion driven by the increasing number of weddings worldwide, which represent deeply cultural and social celebrations steeped in tradition. Bridal wear holds immense significance in these ceremonies, embodying tradition, style, and individual expression for couples tying the knot. Notably, data from the National Center for Health Statistics (NCHS) indicates a substantial rise in the number of marriages in the U.S., reflecting a growing demand for bridal attire and propelling market growth.
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What Are The Key Trends That Influence Bridal Wear Market Share Analysis?
Major companies in the bridal wear market are introducing eco-minded bridal collections to drive market revenues. Eco-minded bridal collections prioritize sustainability and ethical manufacturing. For instance, in March 2023, David’s Bridal Inc. launched REIMAGINE by DB Studio, an eco-minded collection of bridal gowns made from recycled fabrics. Priced from $299 to $599, this collection reflects current fashion trends while reducing environmental impact, appealing to environmentally conscious brides.
Which Market Players Are Driving Growth In The Bridal Wear Market?
Major players in the bridal wear market are Louis Vuitton Malletier, Macy’s Inc., Hennes & Mauritz AB, Gianni Versace Srl (Capri Holdings Limited), ASOS PLC, Giorgio Armani SpA, Express Inc., Harrods Limited, Pronovias Fashion Group, Vera Wang, Dorothy Perkins, Elie Saab France, Zuhair Murad, Alfred Angelo Inc., Justin Alexander Limited, Temperley London, Watters Designs Inc., Monique Lhuillier Inc., Oscar de la Renta, JLM Couture Inc., Betsy & Adam, Paloma Blanca, Winnie Couture Inc., Naeem Khan Ltd., Moonlight Bridal Design Inc, Sophia Tolli, Theia Couture, Yumi Katsura International Co. Ltd., and Madeline Gardner New York.
How Is The Global Bridal Wear Market Segmented?
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
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The Bridal Wear Global Market Report 2024 provides an overview of the bridal wearmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bridal wear market forecast analyzes bridal wear market size, bridal wear market share, leading competitor and their market positions.
The Table Of Content For The Bridal Wear Market Include
1. Bridal Wear Market Executive Summary
2. Bridal Wear Market Segments
3. Bridal Wear Market Size And Template Market Growth Rate
4. Key Bridal Wear Market Trends
5. Major Bridal Wear Market Drivers
……
25. Key Mergers And Acquisitions In The Bridal Wear Market
26. Top Bridal Wear Companies
27. Bridal Wear Market Opportunities And Strategies
28. Bridal Wear Market, Conclusions And Recommendations
29. Appendix
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