Global Bridal Gowns Market Anticipated to Gain Rapid Expansion Due to Rising Spending on Bridal Wear in Emerging Economies 2017 – 2022

Posted on 2017-11-07 by Mark Hub in Consumer Services // 0 Comments

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Albany, US, 2017-Nov-07 — /EPR Network/ —The bridal industry is indescribably massive with new brides and bridal parties popping up almost daily. One of the design terms that is becoming increasingly popular is bridal gowns. In recent years, the rising demand for various styles of bridal outfits as a part of lavish and wedding is a key factor boosting the global bridal gowns market. Market Research Hub (MRH) has freshly broadcasted a new study, titled “Bridal Gowns Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022” to its wide repository, which provides a holistic outlook of the market covering market trends, factors in the current market along with industry growth prospects from 2012 to 2017, and forecast to 2022. To provide better and accurate results, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific except Japan (APEJ), Japan, North America, and Latin America.

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Style, colour and ceremonial importance of the bridal gown worn by the bride during the wedding ceremony depends upon the culture and religion of the couple getting married. In recent years, the market has seen the advent of bridal gowns with a variety of fabrics, designs, styles, and workmanship, which has helped brides to meet their needs of an unforgettable bridal outfit. Also, the advent of low-priced wedding gowns for cash-strapped brides is a key factor boosting the market. Analysts find that a burgeoning wedding market in various developing and developed countries is reflecting positively on the growth of the bridal gown market. The bridal gowns market is estimated to rise from US$32,454.2 Mn in 2017 to a valuation of US$43,502.8 by 2022 end. The worldwide market is projected to rise at a CAGR of 6.0% during the forecast period.

In the beginning, the report comprises an elaborate executive summary, together with a market snapshot that offers information of various segments and sub-segments. The global bridal gowns market can be segmented on the basis of style, sales channel and geography. It is an important section by which the analysts identify Y-o-Y growth projections, basis point share analysis, market value, volume and market attractiveness analysis for each segment. On the basis of style, the bridal gowns market is segmented into ball gowns, mermaid-style dresses, trumpet dresses, A-line dresses, sheath wedding dresses, tea-length wedding dresses, and others. Analysts find that ball gown is projected to be the most promising segment due to its high demand.

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After an in-depth study of the market, the analysts have included drivers, restraints, opportunities and trends to offer a crystal clear picture to the clients. The adoption of new fashion trends in bridal wear in developed and developing regions is a key factor expected to open up exciting avenues for market players. It has been analyzed that the rising spending on bridal wear in various cultures as a part of wedding and a rapidly growing disposable incomes of populations in emerging economies are key factors expected to accentuate the APEJ market. Therefore, APEJ holds the leading share in revenue and is expected to retain its dominance throughout the forecast period. The regional market is projected to rise at 6.4% CAGR from 2017 to 2022.

In order to provide users of this report with comprehensive view of the market, analysts have included detailed competitiveness analysis and company players with their SWOT analysis and strategic overview. Some of the prominent players operating in the market are Kleinfeld Bridal Corp., David’s Bridal, Inc., Elie Saab France, Harrods Limited, JLM Couture, Inc., Justin Alexander, Inc., Maggie Sottero Designs L.L.C., and Moonlight Bridal Design, Inc.

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