Research and Markets: Bridalwear Market Report 2010

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f3c785/bridalwear_market) has announced the addition of the "Bridalwear Market Report 2010" report to their offering.

This Market Report examines the UK bridalwear market, focusing on the 2005 to 2009 period, and forecasting for the 2010 to 2014 period. The author has consulted a number of spokespeople within the bridalwear industry (including designers and trade association representatives), and their expert opinions and trade statistics are presented throughout the report.

The authors estimate that the total UK bridalwear retail market was worth 105.3m in 2009 a fall of 12.8% compared with 2005. A particularly steep decline was seen in the value of the market in 2009 a drop of 12.3% compared with 2008 as the UK recession took hold. Previous to this, the market suffered a decline of 3.1% in 2006, and saw slow growth rates of 2.6% and 0.2% in 2007 and 2008, respectively. Any deterioration in value over recent years has been wholly related to the large decline in the number of weddings (from 317,707 in 2005 to 272,293 in 2009), as the average cost of a bridal gown actually increased by 7.2% over the review period.

For the purposes of this report, the market is divided into two main sectors: manufacturing and retail. It is the retail side where the recession may have been more keenly felt in 2009, driving some companies out of business. However, according to many commentators, this side of the industry is oversupplied, and it will always be the less experienced businesses that fail during periods of economic difficulty.

Companies Mentioned:

• Carrington Fleet Textiles Ltd
• James Hare Ltd
• Michael's Bridal Fabrics
• Trade Silks
• Bespoke Brides Ltd
• Bellissima Weddings Bridal Shop
• Mamfii Bridal House Ltd
• Prudence Gowns
• The White Boutique

For more information visit http://www.researchandmarkets.com/research/f3c785/bridalwear_market