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Published: Jul, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global wedding wear market size is anticipated to reach USD 87.9 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Product innovation in terms of design and fabric, coupled with increased spending on weddings, is expected to be a major factor driving the market. Wedding gowns dominated the market in 2018 and accounted for 50.0% share of the overall revenue. Different types of fabric designs such as lace, georgette, and silk that improve the aesthetic value of the overall dress is a major factor increasing product demand. However, suits and tuxedos are expected to witness the fastest growth during the forecast period owing to substantial rise in fashion awareness among the male population. Moreover, different styles of jackets, embellishments, buttons, and handwoven designs are expected to increase product demand, thereby propelling overall market growth. The female segment occupied the largest market share in 2018. Continuous design launches are contributing to the growth for women. In November 2018, Stella McCartney launched her first ever bridal collection to increase her product portfolio. The male segment is anticipated to grow significantly during the forecast period owing to advent of social media marketing and celebrity influencers. Europe occupied the largest market share in 2018 owing to premium pricing strategy adopted by major players. The market in this region is comparatively mature, which is pushing manufacturers to design dresses that have costly decorations and detailing. This is expected to boost the wedding wear market growth in this region. Asia Pacific is the fastest growing regional market owing to a large youth population present in countries like China and India. The average number of marriages per year in India and China together is estimated to be more than 20 million. This region is expected to drive the global market during the forecast period owing to increased spending on weddings as a result of rise in disposable income. Further key findings from the study suggest: • By product, traditional wear is projected to ascend at a CAGR of 6.3% during the forecast period. Presence of diverse cultures in Asia Pacific and Middle East and Africa is expected to drive the segment • By gender, the male segment is anticipated to expand at a CAGR of 7.1% owing to increase in demand for stylish male wedding outfits • Destination weddings are becoming popular owing to consumer preference for scenic locations. Leveraging this growing trend, Sabyasachi, a famous Indian Designer, launched his summer collection in 2018, exclusively for destination wedding brides.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Male Sources & Third-Party Perspectives
1.3.4. Female Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Wedding Wear Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Wedding Wear Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations
Chapter 5. Wedding Wear Market: Product Estimates & Trend Analysis
5.1. Product Movement Analysis & Market Share, 2018 & 2025
5.2. Gown
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Suit/Tuxedo
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.4. Traditional Wear
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Wedding Wear Market: Gender Estimates & Trend Analysis
6.1. Gender Movement Analysis & Market Share, 2018 & 2025
6.2. Female
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Male
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Wedding Wear Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.2.4.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.4.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.3.5. Italy
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.3.5.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.4.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.4.5. India
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.4.5.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.5.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
7.6.3. Market estimates and forecast, by gender, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Septwolves
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Emporio Armani
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Gucci
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Mohey-Manyavar
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. Kleinfield
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Versace
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Yumi Katsura
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Strategic Initiatives
9.8. Pronovias
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Michael Cinco LLC
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Paloma Blanca
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables 1. Wedding Wear - Key market driver analysis 2. Wedding Wear - Key market restraint analysis 3. Global wedding gown market estimates and forecast, 2015 - 2025 (USD Million) 4. Global wedding suit/tuxedo market estimates and forecast, 2015 - 2025 (USD Million) 5. Global traditional wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 6. Global female wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 7. Global male wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 8. North America wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 9. North America wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 10. North America wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 11. U.S. wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 12. U.S. wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 13. U.S. wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 14. Europe wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 15. Europe wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 16. Europe wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 17. Germany wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 18. Germany wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 19. Germany wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 20. Italy wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 21. Italy wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 22. Italy wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 23. Asia Pacific wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 24. Asia Pacific wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 25. Asia Pacific wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 26. China wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 27. China wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 28. China wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 29. India wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 30. India wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 31. India wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 32. Central & South America wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 33. Central & South America wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 34. Central & South America wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 35. Middle East & Africa wedding wear market estimates and forecast, 2015 - 2025 (USD Million) 36. Middle East & Africa wedding wear market revenue estimates and forecast by product, 2015 - 2025 (USD Million) 37. Middle East & Africa wedding wear market revenue estimates and forecast by gender, 2015 - 2025 (USD Million) 38. Vendor landscape List of Figures 1. Wedding Wear market snapshot 2. Wedding Wear market segmentation & scope 3. Wedding Wear market penetration & growth prospect mapping 4. Wedding Wear value chain analysis 5. Wedding Wear market dynamics 6. Wedding Wear market: Porter's analysis 7. Wedding Wear market: Product movement analysis 8. Wedding Wear market: Gender movement analysis 9. Wedding Wear market: Regional movement analysis
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