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Market Overview of Global Wedding Attire market:
According to our latest research, the global Wedding Attire market looks promising in the next 5 years. As of 2022, the global Wedding Attire market was estimated at USD 91179.09 million, and it's anticipated to reach USD 118817.52 million in 2028, with a CAGR of 4.51% during the forecast years.
As a part of the wedding industry, wedding attire is an important part of the celebration. Wedding attire includes wedding dresses and bridesmaid dresses. This report will only focus on the dress that the women wear in the wedding ceremony. Apart from this, this report also studies bridesmaid dresses, prom dresses. maternity wear, evening dress, and cocktail dresses market. Moreover, major players in this industry provided in this report are non-luxury wedding attire ecommerce players.
Influence of COVID-19 Outbreak on Wedding Attire Industry Development
The COVID-19 outbreak has taken the world by surprise and thrown most countries and economies off-gear. Until the virus is contained, businesses will continue to suffer, due to trade restrictions and reduced manufacturing activities across sectors. Wedding Attire Marketing channel sales will be affected differently. The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some Wedding Attire enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.
The epidemic will have a short-term impact on Wedding Attire industry, but it is relatively limited. Due to the impact of the epidemic, the Sales of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in Wedding Attire industry are affected to different degrees, and the Sales and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business.
Apart from this, the COVID-19 outbreak has resulted in the closing down of several manufacturing facilities across the globe. The pandemic caused huge revenue losses in end-use industry. The coronavirus lockdown put a brake on the Sales of several key raw materials in the global market, which, in turn, spiked the prices and lowered the demand for the product. The strict lockdown mandates imposed by governments have restricted cross-border trade between countries, another factor proving to be detrimental for the Wedding Attire market share. In addition, Wedding Attire manufacturers are drawing up plans for the international market as a new supply link in the global Wedding Attire industry, as companies look to re-engineer supply chains in the aftermath of COVID-19. Also, it is expected that the product demand in enduser sectors could pick up following the uplift of the lockdown in numerous countries.
Market Drivers
An iconic wedding destination can vastly benefit the local community including hotels, infrastructure, transport, retail, wedding attire and relevant stakeholders, which drive consumption and brings opportunities to the development of the Wedding Attire industry. 'Wedding tourism', marriage tourism' and destinations weddings' are a fast-growing phenomenon that refers to tourists traveling for the purpose of getting married or venturing to a destination for the wedding of a friend, relative or acquaintance. Furthermore, destination wedding has gained popularity among the millennial generation. The idea of getting married in the presence of family and closed ones with a lavish wedding theme has contributed to the increasing popularity of destination weddings. As a result, the couple and wedding planners tend to take sufficient time to plan the wedding and wedding attire is an important aspect of the planning. Wedding attire is expected to display the theme or the culture of the destination where the wedding is supposed to take place. This is expected to increase the demand for product innovation, which will propel overall market growth.
Region Overview:
From 2023-2028, North America is estimated to witness robust growth prospects.
Company Overview:
David's Bridal, Lulus Fashion Lounge, The Dessy Group, BHLDN and Azazie are the five key players in the global Wedding Attire market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Wedding Attire market in the past 5 years.
David's Bridal is a clothier in the United States that specializes in wedding dresses, prom gowns, and other formal wear. It is the largest American bridal-store chain. David's Bridal, LLC manufactures and distributes wedding dresses and accessories. The Company offers prom gowns, veils, shoes, handbags, gloves, ribbons, jewelry, invitation card designing, handbags, and reception decoration services. David's Bridal serves customers worldwide.
Based in California and serving customers all over the world, Lulus has a fun and casual work environment that focuses on innovation and teamwork at all levels of the organization. Lulu's Fashion Lounge, LLC operates an online shopping website. The Company retails wedding attire, dresses, shoes, blouses and shirts, tees, sweaters, jackets and coats, skirts, pants, shorts, jewelry, and accessories. Lulu's Fashion Lounge offers apparel of small, medium, large, and all other sizes. Lulu's Fashion Lounge serves customers worldwide.
Segmentation Overview:
Among different product types, Prom Dresses segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Offline segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Wedding Attire market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Wedding Attire Market Report:
Market Size Estimates: Wedding Attire market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Wedding Attire market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Wedding Attire market
Segment Market Analysis: Wedding Attire market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Wedding Attire market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Wedding Attire Market: Revenue and sales volume of major countries in each region
Wedding Attire Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Wedding Attire market in major regions.
Wedding Attire Industry Value Chain: Wedding Attire market raw materials & suppliers, manufacturing process, distributors, downstream customers
Wedding Attire Industry News, Policies & Regulations
Key players in the global Wedding Attire market are covered in Chapter 12:
Dorris Wedding
Lulus Fashion Lounge
The Dessy Group
Miusol
Grace Kavin
Cocomelody
Azazie
David's Bridal
Blush Fashion Boutique
BHLDN
House Of Brides
JJsHouse
In Chapter 2 and Chapter 15.1, based on types, the Wedding Attire market from 2018 to 2028 is primarily split into:
Wedding Dresses
Bridesmaid Dresses
Prom Dresses
Maternity Wear
Evening Dress
Cocktail Dresses
In Chapter 3 and Chapter 15.2, based on applications, the Wedding Attire market from 2018 to 2028 covers:
Online
Offline
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Wedding Attire market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028