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Global Wedding Wear Market Opportunity and Industry Expansion Strategies 2025

Wedding Dresses

Updated on Sep 12, 2019

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The global wedding wear market size is anticipated to reach USD 87.9 billion by 2025, according to a new report by Radiant Insights, 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.

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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.

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/wedding-wear-market

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 Supplier Power Buyer Power Substitution Threat Threat from New Entrant 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)


Read all Reports of this category @ https://www.radiantinsights.com/catalog/consumer-goods

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: [email protected]
Website: https://www.radiantinsights.com/
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