Global Bridal Wear Industry (2021 to 2027) - Social Media and e-Commerce in Weddings Continues to Grow - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Bridal Wear - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Bridal Wear estimated at US$59.1 Billion in the year 2020, is projected to reach a revised size of US$79.8 Billion by 2027, growing at a CAGR of 4.4% over the period 2020-2027.

Offline, one of the segments analyzed in the report, is projected to record 4.5% CAGR and reach US$69.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Online segment is readjusted to a revised 3.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $26 Billion, While China is Forecast to Grow at 6.7% CAGR

The Bridal Wear market in the U.S. is estimated at US$26 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.7 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 179 Featured) -

• Allure Bridals, Inc.
• David`s Bridal Inc.
• Elie Saab
• Harrods Ltd.
• Helen Rodrigues
• JLM Couture Inc.
• Justin Alexander Limited
• Sincerity Bridal
• Macy`s, Inc.
• Monique Lhuillier
• Morilee LLC
• Naeem Khan
• Paloma Blanca
• Peter Langner
• Pronovias Fashion Group
• Sophia Tolli
• Temperley London
• Theia Couture
• Vera Wang
• Watters
• Winnie Couture
• Yumi Katsura International Co., Ltd.
• Zuhair Murad

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Ongoing COVID-19 Outbreak Squeezes Wedding Gowns Supply
• % of Household Income Lost Due to COVID-19
• Bridal Wear Stores Hit Hard During Coronavirus Pandemic
• COVID-19 Disrupts Production of Wedding Gowns in China, Affecting Global Supplies
• Wedding Dress Retailers Bet on Online Channel to Bounce Back after Containment of COVID-19
• Near Term Expectations
• Bridal Wear Market: A Prelude
• The Changing Face Bridal Attire
• Global Market Outlook
• Future Market Trends Unfurl Lucrative Growth Opportunities
• Growth Drivers in a Nutshell
• The Era of Marriageable Millennials and their Growing Extravagance: The Fundamental Growth Driver
• The Colossal Global Wedding Industry Drive Perennial Demand for Wedding Dresses
• COMPETITION
• Key Market Participants
• Designer Fortunes and Promotional Strategies Driven by Referrals
• Popular Wedding Dress Designers and Fashion Houses Worldwide
• Bridal Magazines: A Prime Advertising Medium
• More Brands Adopt Online Platform
• Global Designer Brands Eye Emerging Markets
• Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Bridal Wear Designers Try to Meet Expectations Amid the Covid-19 Crisis
• Bridal Wear Shoppers to Become More Decisive
• Brands Try to Give Back
• AR/VR Integration in Bridal Wear Industry
• Popular Fashion Trends in Bridal Wear Market
• Rise in Product Premiumization Boosts Market Prospects
• Mass Market Gains Appeal
• Changing Strategies in Mass Market
• Changing Trends in Bridal Wear Market Require Retailers to Mend Strategies to Thrive
• Social Media Influencers Drive Healthy Market Gains
• Digital Innovation Transforms the Wedding Industry
• Social Media and e-Commerce in Weddings Continue to Grow
• Traditional Wear Gets Redesigned as Lesser Number of Millennials Seek a Conventional Wedding
• Evolution of the Modern Informed Bride
• Exhibit 5: Information Sources Used by Millennial Brides (2018)
• Plus-Size Bridal Wear Offers Huge Untapped Market Potential
• Same-Sex Wedding Legalization Bodes Well for Bridal Wear Brands
• Celebrities and Actresses Continue to Influence Market Fortunes
• Rise in Number of Non-Bridal Wear Retailers
• Ready-to-Wear, Lower Priced Wedding Dresses Continue to Cannibalize High-end Brands
• Rising Demand for Wedding Jewelry Benefit Market Expansion
• A Psychographic Profile of Bridal Jewelry Shoppers
• Self-Purchasing Trend, Bridal Demand and Young Customers Foster Growth of Platinum Jewelry
• Bridal Salons: A Propitious Niche
• Bridal Accessories: The Crowning Glory of a Bride's Attire

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/rpy7pk