Bridal Gowns Market Size & Share to Surpass $73.2 Billion by 2030, Growing at a CAGR of 6.5% | Zion Market Research

NEW YORK, United States, June 06, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Bridal Gowns Market By Style (Ball Gown, Mermaid Style Dresses, Trumpet Dresses, The A-Line Dresses, Sheath Wedding Dresses, Tea-Length Wedding Dresses, And Others), By Material (Satin, Georgette, Chiffon, Lace, And Others), By End User (Residential And Commercial), By Distribution Channel (Online And Offline) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.

“According to the latest research study, the demand of global Bridal Gowns Market size & share in terms of revenue was valued at USD 44.2 billion in 2022 and it is expected to surpass around USD 73.2 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 6.5% during the forecast period 2023 to 2030.”

What are Bridal Gowns? How big is the Bridal Gowns Industry?

Report Overview:

The bridal gowns market is the sector of the apparel business that is concerned with the manufacture, distribution, and retail sale of bridal gowns and wedding dresses. Dresses for the bride to wear on her wedding day are known as bridal gowns. These are specially made clothing. Typically, they are crafted with materials of a superior quality and have elaborate embellishments, motifs, and craftsmanship throughout their entirety.

The bridal gowns market includes a variety of components, such as consumers, designers, and producers of bridal gowns. Retailers also play an important role in this industry. Wedding dress designs are created and innovated by designers, who take into account various factors, including current fashion trends, cultural influences, and individual preferences. Bridal gowns are produced by manufacturers using these designs as a basis. These manufacturers use expert craftsmen and make use of innovative stitching processes.

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There is a diverse selection of bridal dresses available for purchase or rental from a variety of retailers. These include bridal stores, wedding dress salons, and internet marketplaces. The demand for wedding dresses among brides-to-be who are making preparations for their weddings is the primary factor driving the industry.

When it comes to selecting their wedding gowns, ladies make decisions based on a variety of considerations, including personal taste, cultural norms, and financial constraints. The market is also influenced by societal trends, including as shifts in wedding fashion, developing wedding themes, and an increased emphasis on wedding dresses that are made sustainably and ethically.

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Our Free Sample Report Consists of the Following:

• Introduction, Overview, and in-depth industry analysis are all included in the updated report.
• Provide detailed chapter-by-chapter guidance on Request
• Updated Regional Analysis with Graphical Representation of Size, Share, and Trends
• Includes Tables and figures have been updated
• The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
• Zion Market Research Methodology

Global Bridal Gowns Market: Growth Factors

The market expansion is being driven by the rising popularity of weddings and marriages.

The demand for bridal gowns is directly affected by the total number of weddings as well as the marriage rate. The global bridal gowns market is expanding, and this expansion is being driven in part by cultural and societal standards, as well as by shifting tastes in marriage preferences. The demand for bridal gowns is being driven by a variety of factors, including a growth in the number of weddings, weddings held in exotic locations, and weddings with unusual themes.

For instance, secondary research indicates that India hosts over 30,000 weddings each and every day, more than 9,00,000 each and every month, and more than 10 million each and every year. It is anticipated that the trend of weddings and marriages will continue to expand, which will, in turn, fuel the expansion of the market over the forecast period.

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Report Scope

Bridal Gowns Market: Segmentation Analysis

The global bridal gowns industry is segmented based on style, material, end user, distribution channel, and region.

Based on the style, the global market is bifurcated into ball gowns, mermaid style dresses, trumpet dresses, the A-line dresses, sheath wedding dresses, tea-length wedding dresses, and others. The ball gown segment is expected to capture the largest market share over the forecast period. The growth of the segment is ascribed to its style & design and versatility. The style & design of ball gowns is characterized by their full skirts and fitted bodices. They typically have a defined waistline and a voluminous skirt that creates a dramatic and princess-like silhouette.

The style is often associated with grand and formal weddings, as well as traditional or fairytale-inspired themes. Ball gowns exude elegance and provide a sense of glamour and romance. Besides, ball gowns offer versatility in terms of fabric choices and embellishments. They can be designed with various fabrics such as satin, tulle, organza, or lace. Embellishments like beading, embroidery, sequins, or appliques can be added to enhance the overall look. The versatility of ball gowns allows designers to create unique and personalized designs while maintaining the classic ball gown silhouette. Thereby, driving the segmental growth over the forecast period.

Based on the material, the global bridal gowns industry is bifurcated into satin, georgette, chiffon, lace, and others. The georgette segment is expected to grow at a rapid rate over the forecast period. Georgette fabric is made from silk or synthetic fibers like polyester. It has a slightly rough texture and a crepe-like appearance. Georgette is known for its lightweight and breathable nature, making it a popular choice for flowing garments like gowns. The fabric has a graceful drape and creates an ethereal and feminine look, which in turn, drives the segment growth.
Based on end user, the bridal gowns market is divided into residential and commercial. Based on the distribution channel, the market is segmented into online and offline.

The global Bridal Gowns market is segmented as follows:

By Style

• Ball Gown
• Mermaid Style Dresses
• Trumpet Dresses
• The A-line Dress
• Sheath Wedding Dresses
• Tea-length Wedding Dresses
• Others

By Material

• Satin
• Georgette
• Chiffon
  
• Lace
• Others

By End User

• Residential
• Commercial

By Distribution Channel

• Online
• Offline

Browse the full “Bridal Gowns Market By Style (Ball Gown, Mermaid Style Dresses, Trumpet Dresses, The A-Line Dresses, Sheath Wedding Dresses, Tea-Length Wedding Dresses, And Others), By Material (Satin, Georgette, Chiffon, Lace, And Others), By End User (Residential And Commercial), By Distribution Channel (Online And Offline) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030" Report at- https://www.zionmarketresearch.com/report/bridal-gowns-market-size

Competitive Landscape

Some of the main competitors dominating the global Bridal Gowns market include - 

• JLM Couture Inc.
• Elie Saab
• Justin Alexander Inc.
• V.E.W. Ltd.
• Louis Vuitton
• Kleinfeld Bridal Corp.
• Harrods Limited
• Moonlight Bridal Design Inc.
• Maggie Sottero Designs L.L.C.
• Pronovias Fashion Group
• Rosa Clara
• De La Cierva Y Nicolas
• CUT S.r.l
• Pronuptia de Paris SA.
• Yumi Katsura International Co. Ltd.
• Zuhair Murad
• Alfred Angelo Inc.
• Watters
• Madeline Gardner
• Sincerity Bridal
• Sophia Tolli
• Temperley London
• Monique Lhuillier
• Macy's Inc.
• Helen Rodrigues
• Paloma Blanca
• Naeem Khan
• Vera Wang
• Theia Couture
• Winnie Couture
• David's Bridal Inc

 Key Insights from Primary Research:

• According to the analysis shared by our research analyst, the Bridal Gowns market is likely to expand at a CAGR of around 6.5% during the forecast period (2023-2030).
• In terms of revenue, the Bridal Gowns market size was valued at around US$ 44.2 billion in 2022 and is projected to reach US$ 73.2 billion by 2030.
• The rising trend of weddings and marriages is expected to drive the growth of the bridal gown market over the forecast period.
• Based on the style, the ball gown segment is expected to capture the largest market share over the forecast period.
• Based on the material, the georgette segment is expected to grow at a rapid rate over the forecast period.
• Based on region, the Asia Pacific is expected to capture the largest market share over the forecast period.

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Key questions answered in this report:

• What is the market size and growth rate forecast for Bridal Gowns industry?
• What are the main driving factors propelling the Bridal Gowns Market forward?
• What are the leading companies in the Bridal Gowns Industry?
• What segments does the Bridal Gowns Market cover?
• How can I receive a free copy of the Bridal Gowns Market sample report and company profiles?

Key Offerings:

• Market Size & Forecast by Revenue | 2023−2030
• Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
• Market Segmentation – A detailed analysis By Style, Material, End User, Distribution Channel, and Region
• Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Regional Analysis:

The Asia Pacific region is one of the largest and fastest-growing markets for bridal gowns. Factors such as a rising middle class, increasing disposable income, and changing cultural norms have contributed to the growth of the regional bridal gown market. The region's large population and high number of weddings annually further drive the demand for bridal gowns. The countries like China and India dominate the bridal gown market in the Asia Pacific region, there is increasing growth potential in emerging markets such as Southeast Asia.

These markets are witnessing rapid urbanization, changing consumer preferences, and rising demand for Western-style weddings, driving the demand for bridal gowns. Moreover, the growing awareness and preference for sustainable and ethically produced bridal gowns in the Asia Pacific region. Brides are increasingly seeking eco-friendly fabrics, fair trade practices, and socially responsible manufacturing processes when selecting their wedding dresses. Thus, the aforementioned facts support the market expansion in the region.

North America is expected to capture a significant market share over the forecast period. The region, comprising the United States and Canada, is a mature and well-established market for bridal gowns. The region has a large population and a high number of weddings annually, contributing to the demand for bridal gowns. The market has been experiencing steady growth, driven by factors such as rising disposable income, changing wedding trends, and the desire for personalized and unique wedding experiences. North America has a strong presence of renowned bridal gown designers and boutique retailers. These designers and boutiques showcase their collections at bridal fashion weeks and events, influencing the trends and styles in the market. Brides often seek out well-known designers or visit upscale bridal boutiques for their gown selections, emphasizing quality, craftsmanship, and exclusivity.

By Region

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Recent Developments

• In May 2022, Anomalie, a maker of unique wedding dresses, sold its asset to David Bridal. David's Bridal has been a pioneer in this field and shares Anomalie's objective of giving each bride a unique experience.
• In January 2023, the nation's top provider of wedding and special event attire, David's Bridal, presents The New Luxury, their newest spring 2023 collection. With designs for every bride and all price ranges, the collection is specifically chosen to honor brides who are redefining what luxury means to them. All five of the retailer's exclusive designer labels are included in the New Luxury collection, which features enlarged designs and exceptional creativity and costs between $199 and $2,000.

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FREQUENTLY ASKED QUESTIONS

• What are bridal gowns?
• Which key factors will influence the bridal gowns market growth over 2023-2030?
• What will be the value of the bridal gowns market during 2023-2030?
• What will be the CAGR value of the bridal gowns market during 2023-2030?
• Which region will contribute notably towards the bridal gowns market value?
• 6. Which are the major players leveraging the bridal gowns market growth?

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