Bridal Wear Market Size to Grow by USD 13.5 Billion | Increase in Product Premiumization to Boost Growth | Technavio

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Apr 06, 2022, 17:00 ET

NEW YORK, April 6, 2022 /PRNewswire/ -- The bridal wear market potential growth difference will be USD 13.5 billion from 2021 to 2026, as per the latest market analysis report by Technavio. The report also identifies the market to witness an accelerating growth momentum at a CAGR of 4.52% during the forecast period. The increase in product premiumization is notably driving the bridal wear market growth, although factors such as declining marriage rates may impede the market growth.

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Technavio has announced its latest market research report titled
Bridal Wear Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026 — Technavio has announced its latest market research report titled Bridal Wear Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

Bridal Wear Market Scope

Technavio categorizes the bridal wear market as a part of the global apparel, accessories, and luxury goods market. Our report provides extensive information on the value chain analysis for the bridal wear market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our bridal wear market report covers the following areas:

Bridal Wear Market Segmentation Highlights

Distribution Channel

Offline
The offline distribution channel segment held the largest bridal wear market share in 2021. The segment will continue to retain its dominance in the market throughout the forecast period. Sales of bridal wear through department stores are expected to surge in developing countries during the forecast period.
Online

Geography

North America
36% of the market's growth will originate from North America during the forecast period. The US is the key market for bridal wear market in North America. High adoption of fashion trends will fuel the bridal wear market growth in North America over the forecast period.
Europe
APAC
Middle East And Africa
South America

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Bridal Wear Market Vendor Landscape

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allure Bridals Inc., ASOS Plc, Cut Srl, Davids Bridal LLC, ELIE SAAB, H and M Hennes and Mauritz GBC AB, House of Anita Dongre Pvt. Ltd., JLM Couture Inc., Justin Alexander Inc., Klienfeld Bridal Corp., LVMH Moet Hennessy Louis Vuitton SE, Macys Inc., Manish Malhotra, Monique Lhuillier Inc., Morilee LLC, Murad Sal, Naeem Khan Ltd., Pronovias Group, Temperley London, V.E.W. Ltd., Watters Designs Inc., Winnie Couture Inc., and Yumi Katsura International Co. Ltd. are some of the major market participants.

To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the bridal wear market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support. Companies such as Allure Bridals Inc. are offering wedding dresses, bridesmaid dresses, bridal, formal gowns and tuxedos and suits for men. The company also offers bridal wear such as Allure Couture wedding dresses.

View Report Outlook for Information on More Vendors and their Strategic Initiatives

Bridal Wear Market Takeaways

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist bridal wear market growth during the next five years
Estimation of the bridal wear market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the bridal wear market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of bridal wear market vendors

Women Apparel Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

Bridal Wear Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.52%
Market growth 2022-2026	$ 13.5 billion
Market structure	Fragmented
YoY growth (%)	4.27
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 36%
Key consumer countries	US, China, India, UK, Germany, and France
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Allure Bridals Inc., ASOS Plc, Cut Srl, Davids Bridal LLC, ELIE SAAB, H and M Hennes and Mauritz GBC AB, House of Anita Dongre Pvt. Ltd., JLM Couture Inc., Justin Alexander Inc., Klienfeld Bridal Corp., LVMH Moet Hennessy Louis Vuitton SE, Macys Inc., Manish Malhotra, Monique Lhuillier Inc., Morilee LLC, Murad Sal, Naeem Khan Ltd., Pronovias Group, Temperley London, V.E.W. Ltd., Watters Designs Inc., Winnie Couture Inc., and Yumi Katsura International Co. Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

5.1 Market segments

Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

5.2 Comparison by Distribution Channel

Exhibit 26: Chart on Comparison by Distribution Channel
Exhibit 27: Data Table on Comparison by Distribution Channel

5.3 Offline - Market size and forecast 2021-2026

Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

5.4 Online - Market size and forecast 2021-2026

Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Distribution Channel

Exhibit 36: Market opportunity by Distribution Channel ($ billion)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.7 South America - Market size and forecast 2021-2026

Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 UK - Market size and forecast 2021-2026

Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 France - Market size and forecast 2021-2026

Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

7.13 India - Market size and forecast 2021-2026

Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ billion)
Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ billion)
Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)

7.14 Market opportunity by geography

Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 87: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 89: Overview on factors of disruption

9.4 Industry risks

Exhibit 90: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 91: Vendors covered

10.2 Market positioning of vendors

Exhibit 92: Matrix on vendor position and classification

10.3 Allure Bridals Inc.

Exhibit 93: Allure Bridals Inc. - Overview
Exhibit 94: Allure Bridals Inc. - Product / Service
Exhibit 95: Allure Bridals Inc. - Key offerings

10.4 ASOS Plc

Exhibit 96: ASOS Plc - Overview
Exhibit 97: ASOS Plc - Business segments
Exhibit 98: ASOS Plc - Key news
Exhibit 99: ASOS Plc - Key offerings
Exhibit 100: ASOS Plc - Segment focus

10.5 Davids Bridal LLC

Exhibit 101: Davids Bridal LLC - Overview
Exhibit 102: Davids Bridal LLC - Product / Service
Exhibit 103: Davids Bridal LLC - Key news
Exhibit 104: Davids Bridal LLC - Key offerings

10.6 ELIE SAAB

Exhibit 105: ELIE SAAB - Overview
Exhibit 106: ELIE SAAB - Product / Service
Exhibit 107: ELIE SAAB - Key offerings

10.7 JLM Couture Inc.

Exhibit 108: JLM Couture Inc. - Overview
Exhibit 109: JLM Couture Inc. - Product / Service
Exhibit 110: JLM Couture Inc. - Key offerings

10.8 Justin Alexander Inc.

Exhibit 111: Justin Alexander Inc. - Overview
Exhibit 112: Justin Alexander Inc. - Product / Service
Exhibit 113: Justin Alexander Inc. - Key offerings

10.9 LVMH Moet Hennessy Louis Vuitton SE

Exhibit 114: LVMH Moet Hennessy Louis Vuitton SE - Overview
Exhibit 115: LVMH Moet Hennessy Louis Vuitton SE - Business segments
Exhibit 116: LVMH Moet Hennessy Louis Vuitton SE - Key news
Exhibit 117: LVMH Moet Hennessy Louis Vuitton SE - Key offerings
Exhibit 118: LVMH Moet Hennessy Louis Vuitton SE - Segment focus

10.10 Temperley London

Exhibit 119: Temperley London - Overview
Exhibit 120: Temperley London - Product / Service
Exhibit 121: Temperley London - Key offerings

10.11 V.E.W. Ltd.

Exhibit 122: V.E.W. Ltd. - Overview
Exhibit 123: V.E.W. Ltd. - Product / Service
Exhibit 124: V.E.W. Ltd. - Key offerings

10.12 Winnie Couture Inc.

Exhibit 125: Winnie Couture Inc. - Overview
Exhibit 126: Winnie Couture Inc. - Product / Service
Exhibit 127: Winnie Couture Inc. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 128: Inclusions checklist
Exhibit 129: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 130: Currency conversion rates for US$

11.4 Research methodology

Exhibit 131: Research methodology
Exhibit 132: Validation techniques employed for market sizing
Exhibit 133: Information sources

11.5 List of abbreviations

Exhibit 134: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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